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HKFoods Oyj, commonly referred to as HKFoods, is a prominent player in the food products nec industry, with its headquarters situated in Finland. Established in 2010, the company has steadily expanded its operations across various regions, focusing on delivering high-quality food products to diverse markets.
Specialising in innovative food solutions, HKFoods offers a range of unique products that emphasise quality and sustainability. Their expertise spans across food processing and distribution, positioning them as a trusted name within the industry. Recognised for their commitment to excellence, HKFoods has achieved notable milestones, establishing a strong market presence in Finland and beyond.
+57 vs industry average
HKFoods Oyj’s score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Food Product Manufacturing is among the most carbon-intensive industries
The Food Product Manufacturing industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
HKFoods Oyj, a Finnish food products company, is committed to reducing its carbon emissions. In 2025, the company's total reported emissions are projected to be approximately 1.34 billion kg CO2e. This includes about 10.16 million kg CO2e from Scope 1 emissions, 8.93 million kg CO2e from Scope 2 (market-based) emissions, and roughly 1.33 billion kg CO2e from Scope 3 emissions. The largest contributors to Scope 3 emissions in 2025 are projected to be purchased goods and services at approximately 1.15 billion kg CO2e, and capital goods at around 78.98 million kg CO2e.
Looking back, in 2024, HKFoods Oyj's total reported emissions were approximately 1.66 billion kg CO2e, with Scope 1 at about 15.59 million kg CO2e, Scope 2 (market-based) at around 8.73 million kg CO2e, and Scope 3 at roughly 1.63 billion kg CO2e. In 2022, the company reported total emissions of approximately 1.49 billion kg CO2e, consisting of about 13.49 million kg CO2e from Scope 1, 8.28 million kg CO2e from Scope 2 (market-based), and roughly 1.47 billion kg CO2e from Scope 3.
HKFoods Oyj has established several climate commitments and reduction targets. The company aims for carbon neutrality in its own industrial production by the end of 2025 for Scope 1 emissions. Additionally, HKFoods Oyj has a Science Based Targets initiative (SBTi) approved near-term target to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year. It also commits to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, downstream transportation and distribution, and investments by 42% within the same timeframe, and Scope 3 FLAG GHG emissions by 30.3% by 2030 from a 2022 base year. The company is also committed to achieving net-zero across all greenhouse gas emissions by 2050. Furthermore, HKFoods Oyj aims for a 95% reduction in carbon dioxide emissions from its Swedish operations by 2030 compared to 2003 (covering Scope 1, Scope 2, and certain Scope 3 categories).
2030
42% reduction in Scope 2
Energy and industrial: HKScan Corporation commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year*. HKScan…
2030
42% reduction in Scope 1
Energy and industrial: HKScan Corporation commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year*. HKScan…
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