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.
+32 vs industry average
HKFoods Oyj’s score of 50 is higher than 70% 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 reduced its overall emissions by 22% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
HKFoods Oyj's reported carbon emissions
HKFoods Oyj, headquartered in Finland and operating within the food products industry, reported a total of approximately 1.5 billion kg CO2e in emissions for 2024. This figure comprises Scope 1 emissions totalling approximately 15.6 million kg CO2e, Scope 2 emissions of approximately 13.5 million kg CO2e, and Scope 3 emissions amounting to approximately 1.5 billion kg CO2e. Within Scope 3, purchased goods and services represent the largest contributor, at approximately 1.3 billion kg CO2e.
HKFoods has established several climate commitments. Notably, the company aims for carbon neutrality in its own industrial production by the end of 2025. They are also committed to reducing their absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year. Additionally, HKFoods has committed to a 42% reduction in absolute Scope 3 GHG emissions from specific categories, including purchased goods and services, and upstream and downstream transportation and distribution, also by 2030 from a 2022 base year. Furthermore, they have a target for no deforestation across primary deforestation-linked commodities by the end of 2025.
Earlier reporting from 2020 indicated Scope 1 and 2 emissions of approximately 52 million kg CO2e. In 2019, Scope 1 and 2 emissions were around 122 million kg CO2e, and in 2018, they stood at approximately 124 million kg CO2e. Historical data shows Scope 1 and 2 emissions of approximately 130 million kg CO2e in 2017, 150 million kg CO2e in 2016, and 210 million kg CO2e in 2015. In 2014, Scope 1 emissions were approximately 67 million kg CO2e, and Scope 2 emissions were around 172 million kg CO2e.
The emissions data is self-reported and not cascaded from a parent organisation.
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HKFoods Oyj’s Climate Goals (2030 & 2050)
4 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
Data year: 2024
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