HKFoods Oyj

HKFoods Oyj, a Finnish food products company, reported total carbon emissions of approximately 1.34 billion kg CO2e in 2025. This includes about 10.16 million kg CO2e from Scope 1, 8.93 million kg CO2e from Scope 2 (market-based), and approximately 1.33 billion kg CO2e from Scope 3 emissions.

In 2024, the company's total emissions were approximately 1.66 billion kg CO2e, with around 15.59 million kg CO2e from Scope 1, 8.73 million kg CO2e from Scope 2 (market-based), and approximately 1.63 billion kg CO2e from Scope 3. Looking further back, in 2022, HKFoods Oyj's total emissions were approximately 1.49 billion kg CO2e, comprising about 13.49 million kg CO2e from Scope 1, 8.28 million kg CO2e from Scope 2 (market-based), and approximately 1.47 billion kg CO2e from Scope 3.

HKFoods Oyj has set ambitious climate commitments. The company aims to achieve carbon neutrality for its own industrial production by the end of 2025. It also commits to an absolute reduction of 42% in Scope 1 and 2 GHG emissions by 2030, using 2022 as a base year. Furthermore, HKFoods Oyj targets a 42% reduction in absolute Scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream and downstream transportation and distribution, and investments within the same timeframe. The company is also committed to a 30.3% reduction in absolute Scope 3 FLAG GHG emissions by 2030 from a 2022 base year and pledges no deforestation across its primary deforestation-linked commodities by the end of 2025. The HKFoods Group also aims to reach net zero for all greenhouse gas emissions by 2050. These near-term targets for Scope 1 and 2 emissions are consistent with keeping global warming to 1.5°C, as validated by the Science Based Targets initiative (SBTi).