HKFoods Oyj, headquartered in Finland, is a prominent player in the food industry, specialising in high-quality food products and innovative culinary solutions. Founded in 1995, the company has established a strong presence in both domestic and international markets, with significant operations across Europe and Asia.
Renowned for its diverse range of offerings, HKFoods Oyj focuses on meat products, ready-to-eat meals, and gourmet ingredients, all crafted with a commitment to quality and sustainability. The company’s unique approach to food production, emphasising local sourcing and advanced processing techniques, sets it apart in a competitive landscape.
With a reputation for excellence, HKFoods Oyj has achieved notable milestones, including several industry awards for product innovation and quality. As a trusted name in the food sector, the company continues to expand its market position while delivering exceptional value to its customers.
+27 vs industry average
HKFoods Oyj’s score of 44 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Food Product Manufacturing is among the most carbon-intensive industries
Industry performance
The Food Product Manufacturing industry has increased its overall emissions by 9% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
HKFoods Oyj's reported carbon emissions
**HKFoods Oyj Carbon Emissions and Climate Commitments** In 2024, HKFoods Oyj reported total carbon emissions of approximately 1,523,755,000 kg CO2e. This figure encompasses Scope 1 emissions totalling approximately 15,589,000 kg CO2e, Scope 2 emissions at approximately 13,547,000 kg CO2e (market-based), and Scope 3 emissions amounting to approximately 1,516,468,000 kg CO2e. The majority of Scope 3 emissions are attributed to purchased goods and services, which accounted for roughly 1,292,037,000 kg CO2e. HKFoods Oyj is committed to significant emissions reductions. The company has set targets for a 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using 2022 as a base year. They also aim to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream and downstream transportation and distribution, and investments by 42% within the same timeframe. Furthermore, HKFoods has a commitment to no deforestation across its primary deforestation-linked commodities, with a target date of no later than December 31, 2025. In addition, there is a commitment to the carbon neutrality of the company's own industrial production by the end of 2025. A previous target was a 57% reduction in climate emissions from own production between 2019 and 2025. The company's climate commitments are also guided by Science Based Targets initiative (SBTi) recommendations, aligning with a 1.5°C warming scenario for their energy and industrial emissions. HKFoods Oyj's emissions data and targets are cascaded from HKFoods Oyj, with a cascade level of 1 as a current subsidiary.
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HKFoods Oyj’s Climate Goals (2030 & 2050)
3 goals2030
95% reduction in Scope 2
The goal is for a 95 per cent reduction in carbon dioxide emissions generated by HKScan’s Swedish operations by 2030 compared to 2003 (Scope…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about HKFoods Oyj’s sustainability data and climate commitments
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