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OrganisationsHKFoods Oyj
HKFoods Oyj logo

HKFoods Oyj

Food Product ManufacturingFinland
Last verified 15 days agohkfoods.com

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.

44
DitchCarbon score

+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

Very High

Food Product Manufacturing is among the most carbon-intensive industries

Industry performance

0.352
20192025

The Food Product Manufacturing industry has increased its overall emissions by 9% since 2019

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

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 goals

2030

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…

Insufficient data95%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

11 of 15 categories disclosed
Purchased Goods & Services85%
Capital Goods5%
Processing of Sold Products5%
End-of-Life Treatment2%
Upstream Transportation & Distribution1%
Fuel & Energy Activities0%
Downstream Transportation & Distribution0%
Employee Commuting0%
Purchased Goods & Services85%
Capital Goods5%
Processing of Sold Products5%
End-of-Life Treatment2%
Upstream Transportation & Distribution1%
Fuel & Energy Activities0%
Downstream Transportation & Distribution0%
Employee Commuting0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
HKFoods Oyj logoHKFoods Oyj
FIFood Product Manufacturing
15 days ago
44
Nestle logoNestle
CHResearch Services
9 days ago
100
View
Unilever logoUnilever
GBRetail Trade Services
13 days ago
100
View
Kesko logoKesko
FIWholesale Trade
9 days ago
98
View
Danone logoDanone
FRDairy Processing
3 days ago
97
View
General Mills logoGeneral Mills
USFood Product Manufacturing
3 days ago
84
View
Mondelez International logoMondelez International
USFood Product Manufacturing
13 days ago
75
View

Frequently asked questions

Common questions about HKFoods Oyj’s sustainability data and climate commitments

In 2024, HKFoods Oyj reported total carbon emissions of approximately 1.5 billion kg CO₂e. This includes Scope 1 emissions of around 15.6 million kg CO₂e, Scope 2 emissions of about 13.5 million kg CO₂e, and Scope 3 emissions, which account for the vast majority at approximately 1.5 billion kg CO₂e. The significant contribution from Scope 3 highlights the importance of addressing supply chain emissions in the company's sustainability strategy.

Data year: 2024

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