HS Timber Group Sustainability Profile
HS Timber Group, headquartered in Austria, is a leading player in the timber industry, specialising in sustainable wood products and solutions. Founded in 2003, the company has established a strong presence across Europe, with significant operations in Central and Eastern Europe. The firm is renowned for its high-quality sawn timber, engineered wood products, and innovative wood-based solutions, which are distinguished by their commitment to sustainability and environmental responsibility. HS Timber Group has achieved notable milestones, including certifications that underscore its dedication to sustainable forestry practices. With a robust market position, HS Timber Group continues to set benchmarks in the timber sector, driven by a focus on quality, innovation, and customer satisfaction.
DitchCarbon Score
How does HS Timber Group'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 Other 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
HS Timber Group's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HS Timber Group's reported carbon emissions
In 2023, HS Timber Group reported total carbon emissions of approximately 685,716,000 kg CO2e. This figure includes 22,001,000 kg CO2e from Scope 1 emissions, 42,569,000 kg CO2e from Scope 2 emissions (market-based), and a significant 621,147,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from upstream transportation and distribution (211,151,000 kg CO2e) and purchased goods and services (103,166,000 kg CO2e). Comparatively, in 2022, the total emissions were about 766,390,000 kg CO2e, indicating a reduction in emissions year-on-year. The company has set ambitious targets to reduce GHG emissions by 50% by 2030 for both Scope 1 and Scope 2 emissions, starting from 2023. This commitment reflects HS Timber Group's proactive approach to climate action and aligns with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that HS Timber Group GmbH independently reports its emissions and climate commitments. The company is focused on enhancing its sustainability practices and reducing its carbon footprint in the timber industry.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 19,497,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 27,343,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 13,890,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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HS Timber Group's Scope 3 Categories Breakdown
HS Timber Group's Scope 3 emissions, which increased significantly last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 34% of Scope 3 emissions.
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HS Timber Group'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.
HS Timber Group 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.
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