Hofor Vand Holding A/s Sustainability Profile
Hofor Vand Holding A/S, commonly referred to as Hofor, is a leading water utility company headquartered in Denmark (DK). Established in 1998, Hofor has grown to become a key player in the Danish water supply industry, primarily serving the Greater Copenhagen area and surrounding regions. The company focuses on providing high-quality drinking water and wastewater management services, ensuring sustainability and efficiency in its operations. Hofor is recognised for its innovative approach to water treatment and distribution, utilising advanced technologies to enhance service delivery. With a commitment to environmental responsibility, Hofor has achieved significant milestones in reducing water loss and promoting resource conservation. As a trusted provider, Hofor Vand Holding A/S continues to set industry standards, contributing to the well-being of communities and the preservation of natural resources.
DitchCarbon Score
How does Hofor Vand Holding A/s'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 Business Services 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
Hofor Vand Holding A/s's score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hofor Vand Holding A/s's reported carbon emissions
In 2024, Hofor Vand Holding A/S reported total carbon emissions of approximately 76755000 kg CO2e for Scope 1, 231342000 kg CO2e for Scope 2, and 608171000 kg CO2e for Scope 3 emissions, primarily from purchased goods and services. This represents a slight increase in Scope 1 emissions from 59519000 kg CO2e and a decrease in Scope 2 emissions from 239481000 kg CO2e in 2023. The Scope 3 emissions also rose from 570051000 kg CO2e in the previous year. Hofor Vand Holding A/S has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from the parent company, indicating a corporate family relationship, but no specific initiatives or targets from the parent organisation have been mentioned. The company is committed to transparency in its emissions reporting, covering all three scopes of emissions. However, without defined reduction targets or initiatives, the focus remains on the current emissions data rather than future commitments.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 59,519,000 | 00,000,000 |
| Scope 2 | 239,481,000 | 000,000,000 |
| Scope 3 | 570,051,000 | 000,000,000 |
How Carbon Intensive is Hofor Vand Holding A/s's Industry?
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Hofor Vand Holding A/s's Scope 3 Categories Breakdown
Hofor Vand Holding A/s's Scope 3 emissions, which increased by 7% last year and increased by approximately 7% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 66% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Hofor Vand Holding A/s'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.
Hofor Vand Holding A/s has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
