HKFoods Oyj Sustainability Profile
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.
DitchCarbon Score
How does HKFoods Oyj's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
HKFoods Oyj's score of 45 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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HKFoods Oyj's reported carbon emissions
In 2024, HKFoods Oyj reported total carbon emissions of approximately 1,523,755,000 kg CO2e. This figure includes Scope 1 emissions of about 15,589,000 kg CO2e, Scope 2 emissions of approximately 13,547,000 kg CO2e (with a market-based approach accounting for about 5,132,000 kg CO2e), and a significant contribution from Scope 3 emissions, which totalled around 1,503,033,000 kg CO2e. The latter includes categories such as purchased goods and services (about 1,292,037,000 kg CO2e) and capital goods (approximately 83,161,000 kg CO2e). HKFoods Oyj has set ambitious climate commitments, aiming for a 57% reduction in absolute Scope 1 and 2 emissions from its own production by 2025, based on a 2019 baseline. Additionally, the company is committed to achieving carbon neutrality in its industrial production by the end of 2025. Furthermore, HKFoods Oyj has pledged to reduce its absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year, alongside a similar target for Scope 3 emissions. These targets are part of HKFoods Oyj's broader sustainability strategy, which includes a commitment to no deforestation across its primary deforestation-linked commodities by December 31, 2025. The company's emissions data and climate commitments are cascaded from its parent organization, HKScan Corporation, which operates under the same corporate family structure.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 67,000,000 | - | - | - | 00,000,000 | - | 00,000,000 |
| Scope 2 | 172,000,000 | - | - | - | 00,000,000 | - | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is HKFoods Oyj's Industry?
How Carbon Intensive is HKFoods Oyj's Location?
HKFoods Oyj's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
HKFoods Oyj's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
HKFoods Oyj has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about HKFoods Oyj's sustainability data and climate commitments