Sweden’s Höganäs AB has launched its Sustainability Report 2019 which includes its sustainability performance for the full year of 2019, and its revised sustainability strategy, the Climate Roadmap and its product vision.
The report addresses each of Höganäs’ strategic focus areas, which include workplace, society, climate, environment, and products. The group also summarises the following key figures which it achieved in 2019:
- 50% of Höganäs’ raw materials consist of secondary, or recycled material. Secondary materials include both pre- and post-consumer scrap
- 50% of its purchased electricity was from renewable or partly renewable sources
- 80% of all process residuals are reused with Höganäs’ target being 85%
Fredrik Emilson, President and CEO, Höganäs Group, stated, “Our work to improve our sustainability performance continued during 2019 and our updated sustainability strategy will help us even further to set concrete targets that will move us in the right direction. Our present performance is commented on in each chapter of this report.”
He added, “We acknowledge the fact that sustainability is a complex field with many challenges. We are committed to taking our responsibility to drive the industry forward and in this report, we aim to give a transparent and honest description of our performance and challenges ahead.”
The Höganäs Sustainability Report 2019 is available to read in full via the group’s website.