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Höganäs plans to have net zero Scope 2 emissions by 2030, and to be completely net zero by 2037. This entails, in addition to optimising the raw materials they use in their industry to be as sustainable as possible, sourcing carbon-free electricity for their operations. Currently, Höganäs purchases 487,900 MWh of electricity, of which 57 percent is from renewable sources. The plan is therefore to phase out the non-renewable portion between now and 2030.
The production of renewable electricity is certified by Energy Attribute Certificates (EACs). These are the accepted legal instrument through which claims of renewable energy generation and consumption are substantiated in the global renewable energy market. There are different types of EAC for different regions of the world, and they are all in compliance with the quality criteria set by the Greenhouse Gas Protocol in the latest Scope 2 guidance document.
