Höganäs releases 2020 Sustainability Report
April 12, 2021
Sweden’s Höganäs AB has released its sustainability report for the full-year 2020. The annual Höganäs Sustainability Report highlights the actions the company taking toward sustainability, the progress it is making towards its ambitious goals, and helps to identify improvements that the group can make in the future.
Höganäs explains that 2020 was a challenging year, with the coronavirus (COVID-19) impacting the world on unprecedented levels. Despite this, Höganäs was still able to make significant progress towards a number of sustainability targets. Key figures highlighted in the report show that:
- 51% of energy used came from renewable or part-renewable resources
- An 8.1% reduction in energy use per produced tonne was seen between 2010–2020
- 49% of the group’s total raw material base now consists of secondary or recycled materials
- 80% of all process residuals are now diverted from disposal
Höganäs states that it is determined to lead the profound change to industry that is needed to achieve sustainable steelmaking. Its intention to be a sustainability leader is demonstrated in its commitment to developing more sustainable products that create value for its customers, and society as a whole, and its work to make operations more sustainable.
The full sustainability report is available to access here.