Hultafors
Hultafors Group, a prominent player in the tools and equipment industry, is headquartered in Sweden (SE) and operates extensively across Europe and beyond. Founded in 1883, the company has a rich history marked by innovation and quality, establishing itself as a trusted name among professionals in various sectors. Specialising in hand tools, measuring instruments, and safety gear, Hultafors is renowned for its commitment to precision and durability. Their core products, including tape measures and chisels, are designed to meet the rigorous demands of tradespeople, setting them apart through superior craftsmanship and functionality. With a strong market position, Hultafors Group has achieved notable milestones, including numerous industry awards for product excellence. Their dedication to quality and innovation continues to solidify their reputation as a leader in the tools and equipment sector.
DitchCarbon Score
How does Hultafors'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 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
Hultafors's score of 39 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hultafors's reported carbon emissions
In 2023, Hultafors Group AB reported total carbon emissions of approximately 29,452,000 kg CO2e, comprising 2,293,000 kg CO2e from Scope 1, 1,147,000 kg CO2e from Scope 2, and 28,452,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were about 2,240,000 kg CO2e, while Scope 2 emissions decreased from approximately 1,166,000 kg CO2e in 2022. Hultafors has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030, using 2022 as the baseline year. Additionally, it aims to achieve a 42% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, fuel- and energy-related activities, and waste generated in operations, among others. Long-term goals include a significant reduction of 90% in both Scope 1 and 2 emissions by 2050, as well as a 90% reduction in Scope 3 emissions. These targets encompass land-related emissions and removals from bioenergy feedstocks, demonstrating Hultafors's commitment to comprehensive climate action within the textiles and consumer durables sectors.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,595,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 873,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hultafors is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
