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OrganisationsHKFoods Oyj
HKFoods Oyj logo

HKFoods Oyj

Food Product ManufacturingFinland
Last verified 1 month agohkfoods.com

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.

50
DitchCarbon score

+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

Very High

Food Product Manufacturing is among the most carbon-intensive industries

Industry performance

0.397
20182025

The Food Product Manufacturing industry has reduced its overall emissions by 22% since 2018

Emissions trajectory 2020 – 2027

0.0B0.0B000.0M000.0M0

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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, 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 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
1 month ago
50
Nestle logoNestle
CHResearch Services
2 hours ago
100
View
Unilever logoUnilever
GBRetail Trade Services
18 hours ago
100
View
Danone logoDanone
FRDairy Processing
18 hours ago
98
View
General Mills logoGeneral Mills
USAll Other Miscellaneous Food Manufacturing
18 hours ago
83
View
Mondelez International logoMondelez International
USFood Product Manufacturing
18 hours ago
76
View
Pepsico logoPepsico
USBeverage Manufacturing
18 hours ago
74
View

Frequently asked questions

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

HKFoods Oyj's approximate total carbon emissions in 2024 are around 1.5 billion kg CO₂e. This figure includes Scope 1 emissions of roughly 15.6 million kg, Scope 2 emissions close to 13.5 million kg, and Scope 3 emissions nearing 1.5 billion kg. The majority, over 90%, comes from Scope 3, mainly from purchased goods and services. This substantial carbon footprint reflects the company's significant environmental impact within the food products sector, emphasizing the importance of their climate commitments and reduction targets.

Data year: 2024

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