Our approach to circularity
As a provider of heavy loading equipment, Hiab recognises the environmental impact of materials such as steel. However, steel is highly recyclable - and also widely recycled. By advancing circular practices, such as using recycled steel and increasing the share of service sales, we aim to extend product life cycles and maximise resource efficiency.
Growing life cycle services
Expanding our service business helps us contribute to the circular economy while growing our business. Services are an essential part of our eco portfolio’s as they help extend the life cycle and value of our equipment. With proactive maintenance packages, telematics and reliable spare parts, our service offering ensures that customers benefit from enhanced equipment uptime, reliability, and lower lifecycle costs. In addition, refurbishments and sales of used equipment reduce total ownership costs for customers.
Hiab's target is to reach EUR 700 million in Services sales by 2028. By the end of 2025, we had reached EUR 469 million.
Product design and R&D
Circularity begins with our product design, where we focus on making equipment lighter and more material-efficient. We give preference to materials that are better for the environment, such as recycled aluminium and steel.
Hiab’s Design for Sustainability (DfS) approach in new product development (NPD), introduced in 2025, ensures that sustainability is considered in all product development projects.
We have also partnered with the steel manufacturer SSAB to introduce fossil-free steel to the load handling industry.
Minimising waste
Hiab’s waste consists of, for example, hazardous liquids and solids, aluminium, cardboard, construction waste, electronic waste, plastics, wood and scrap metal. Many of our sites strive to increase the share of recycled waste while reducing the amount of total waste and looking for circular options. The share of recycled waste at our sites was 66% in 2025.