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OrganisationsHultafors
Hultafors logo

Hultafors

Rubber and Plastic ProductsSweden
Last verified 26 days agohultafors.com

Hultafors Group, a prominent player in the rubber and plastic products industry, is headquartered in Sweden (SE) and operates across various regions globally. Founded in 1883, the company has established itself as a leader in manufacturing high-quality tools and accessories, particularly known for its innovative measuring instruments and safety products.

Hultafors' core offerings include a diverse range of hand tools, measuring tapes, and personal protective equipment, all designed with a focus on durability and precision. The company’s commitment to quality and functionality has earned it a strong market position, making it a trusted choice among professionals in construction and craftsmanship. With a rich history and a dedication to continuous improvement, Hultafors remains at the forefront of the rubber and plastic products sector.

38
DitchCarbon score

+16 vs industry average

Hultafors’s score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Rubber and Plastic Products is among the most carbon-intensive industries

Industry performance

0.439
20182025

The Rubber and Plastic Products industry has reduced its overall emissions by 30% since 2018

Emissions trajectory 2020 – 2026

00.0M00.0M00.0M00M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hultafors's reported carbon emissions

Hultafors Group AB, operating in the rubber and plastic products industry, is committed to significant greenhouse gas emission reductions. In 2023, the company reported total global emissions of approximately 62.6 million kg CO2e, comprising Scope 1 emissions of about 2.3 million kg CO2e, Scope 2 emissions of approximately 1.1 million kg CO2e, and Scope 3 emissions of around 59.3 million kg CO2e.

The company has set ambitious climate targets aligned with the Science Based Targets initiative (SBTi). By 2030, Hultafors Group AB aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% from a 2022 base year. Concurrently, they plan to achieve a 42% reduction in absolute Scope 3 GHG emissions, covering categories such as purchased goods and services, fuel- and energy-related activities, upstream and downstream transportation and distribution, waste generated in operations, and end-of-life treatment of sold products.

Looking further ahead, Hultafors Group AB has committed to reaching net-zero GHG emissions across its entire value chain by 2050. To support this long-term goal, they aim for a substantial 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, also from a 2022 baseline. A corresponding 90% reduction in absolute Scope 3 GHG emissions is targeted within the same timeframe. These targets are validated by SBTi as consistent with limiting global warming to 1.5°C.

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Hultafors’s Climate Goals (2030 & 2050)

7 goals

2050

90% reduction in Scope 2

Hultafors Group AB commits to reduce absolute scope 2 GHG emissions 90% by 2050 from a 2022 base year.

At risk90%

2030

42% reduction in Scope 2

Hultafors Group AB commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2022 base year.

At risk42%

2050

90% reduction in Scope 1

Hultafors Group AB commits to reduce absolute scope 1 GHG emissions 90% by 2050 from a 2022 base year.

Behind target90%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Not active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hultafors logoHultafors
SERubber and Plastic Products
26 days ago
38
Bosch Rexroth logoBosch Rexroth
DEComputer Manufacturing
2 days ago
89
View
Emerson Electric logoEmerson Electric
USSoftware and Other Prerecorded Compact Disc, Tape, and Record Reproducing
2 hours ago
86
View
Sika logoSika
CHChemicals
2 days ago
73
View
3m logo3m
USAll Other Miscellaneous Manufacturing
2 days ago
61
View
Stanley Black And Decker logoStanley Black And Decker
USMachinery and Equipment
2 days ago
59
View
Black & Decker (U.S.) Inc. logoBlack & Decker (U.S.) Inc.
USMachinery and Equipment
2 days ago
56
View

Frequently asked questions

Common questions about Hultafors’s sustainability data and climate commitments

Hultafors Group AB's total global carbon emissions in 2023 were approximately 62.6 million kg CO₂e. The majority, roughly 95%, came from Scope 3 emissions, which are about 59.3 million kg CO₂e, reflecting the company's extensive supply chain impact. Scope 1 emissions were around 2.3 million kg CO₂e, and Scope 2 emissions were approximately 1.1 million kg CO₂e. This data highlights the company's significant focus on supply chain emissions, which constitute the largest share of its carbon footprint, informing its climate strategies and transparency efforts.

Data year: 2023

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Ditchcarbonv260722.1
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