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Hofseth Biocare ASA, a leading name in pharmaceutical preparation manufacturing, is headquartered in Norway. Founded in 2009, the company has established itself as a pioneer in the development of innovative health products derived from marine sources. With a strong operational presence in Europe and Asia, Hofseth Biocare focuses on producing high-quality omega-3 fatty acids and bioactive peptides, which are renowned for their health benefits.
The company’s unique approach to sustainable sourcing and advanced extraction techniques sets its products apart in the competitive market. Hofseth Biocare has achieved significant milestones, including certifications that underscore its commitment to quality and safety. As a result, it has positioned itself as a trusted supplier in the nutraceutical and pharmaceutical sectors, catering to a growing demand for natural health solutions.
-5 vs industry average
Hofseth Biocare’s score of 37 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pharmaceutical Preparation Manufacturing is among the least carbon-intensive industries
The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0
Scope 3 accounts for ••• of total emissions.
Hofseth Biocare, a Norwegian-headquartered Pharmaceutical Preparation Manufacturing company, reported its total greenhouse gas emissions for 2024 as approximately 14,930,000 kg CO2e. This includes Scope 1 emissions of 1,616,000 kg CO2e, Scope 2 emissions of 15,000 kg CO2e, and Scope 3 emissions, which encompassed 11,368,000 kg CO2e from purchased goods and services, 445,000 kg CO2e from upstream transportation and distribution, and 1,453,000 kg CO2e from downstream transportation and distribution.
In 2023, Hofseth Biocare's Scope 1 emissions were 1,850,000 kg CO2e and Scope 2 emissions were 15,000 kg CO2e. For 2022, Scope 1 emissions were 2,104,000 kg CO2e and Scope 2 emissions were 15,000 kg CO2e. In 2021, the company's Scope 1 emissions were 1,810,000 kg CO2e and Scope 2 emissions were 45,000 kg CO2e. Looking further back to 2020, Hofseth Biocare reported Scope 1 emissions of 1,619,000 kg CO2e and Scope 2 emissions of 90,400 kg CO2e. The company has disclosed Scope 1 and 2 emissions data since 2020, with Scope 3 emissions data specifically reported for 2024.
Hofseth Biocare has not publicly announced any specific, quantifiable emissions reduction targets, such as Science Based Targets (SBTi), nor is it a signatory to The Climate Pledge. There are no cascaded climate commitments or emissions data from a parent organisation.
No climate goals have been disclosed for Hofseth Biocare yet.
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