Hood Companies, Inc. Sustainability Profile
Hood Companies, Inc., a prominent player in the timber and wood products industry, is headquartered in the United States. Founded in 1955, the company has established itself as a leader in the production of high-quality wood products, including engineered wood, lumber, and specialty items. With major operations across the US, Hood Companies is renowned for its commitment to sustainability and innovation, setting it apart in a competitive market. The company’s core offerings, such as its advanced engineered wood solutions, are designed to meet the evolving needs of builders and contractors. Hood Companies has achieved significant milestones, including numerous industry awards for excellence in product quality and environmental stewardship. As a trusted name in the timber sector, Hood Companies continues to drive advancements in wood technology while maintaining a strong focus on customer satisfaction and sustainable practices.
DitchCarbon Score
How does Hood Companies, Inc.'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 Rubber and Plastic Products 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
Hood Companies, Inc.'s score of 22 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hood Companies, Inc.'s reported carbon emissions
In 2023, Hood Companies, Inc. reported total carbon emissions of approximately 62,935,000 kg CO2e from Scope 1 and about 62,541,000 kg CO2e from Scope 3, with no emissions reported for Scope 2. This data reflects the company's commitment to transparency in its environmental impact. As part of its 2022 Sustainability Goals, Hood Companies has set a target to reduce its absolute greenhouse gas (GHG) emissions by 15% from a 2017 baseline by 2022. This reduction is to be achieved through the utilisation of at least 50% renewable electricity. The commitment encompasses both Scope 1 and Scope 2 emissions, indicating a comprehensive approach to tackling its carbon footprint. Hood Companies, Inc. has not reported any emissions data cascaded from a parent or related organisation, ensuring that the figures presented are solely reflective of its own operations. The company continues to focus on its climate commitments, aiming for significant reductions in its GHG emissions in the near term.
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| 2023 | |
|---|---|
| Scope 1 | 62,935,000 |
| Scope 2 | - |
| Scope 3 | 62,541,000 |
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Hood Companies, Inc.'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.
Hood Companies, Inc. 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.
