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Thorungaverksmidjan hf., commonly known as Thorverk, is a prominent player in the Icelandic manufacturing industry, headquartered in Ísland. Established in 1995, the company has carved a niche in the production of high-quality industrial equipment and components, primarily serving the fishing and aquaculture sectors.
With a commitment to innovation, Thorverk offers a range of unique products, including advanced processing machinery and tailored solutions that enhance operational efficiency. The company has achieved significant milestones, solidifying its market position as a trusted supplier in the region.
Recognised for its dedication to quality and sustainability, Thorungaverksmidjan hf. continues to lead the way in providing cutting-edge solutions that meet the evolving needs of its clients across Iceland and beyond.
69
DitchCarbon score
+55 vs industry average
Thorungaverksmidjan hf.’s score of 69 is higher than 100% 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
Medium
Fishing has typical carbon intensity
Industry performance
0.297
20182025
The Fishing industry has reduced its overall emissions by 26% since 2018
Reported emissions
No reported emissions data is available for Thorungaverksmidjan hf. yet.
Thorungaverksmidjan hf.'s reported carbon emissions
Thorungaverksmidjan hf., headquartered in Iceland, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of International Flavors & Fragrances Inc. (IFF), and as such, it inherits emissions data and climate commitments from its parent organisation.
While there are no documented reduction targets or specific climate pledges from Thorungaverksmidjan hf. itself, it aligns with the sustainability initiatives of IFF. This includes participation in various climate-related initiatives such as the Science Based Targets initiative (SBTi), CDP, and RE100, all of which are cascaded from IFF. These initiatives aim to drive significant reductions in greenhouse gas emissions across their operations.
As a subsidiary, Thorungaverksmidjan hf. is expected to contribute to the overarching climate goals set by IFF, which include ambitious targets for reducing emissions across all scopes. However, specific details regarding these targets or achievements at the subsidiary level remain unspecified.
In summary, while Thorungaverksmidjan hf. does not currently report its own emissions data or reduction targets, it is part of a larger corporate family committed to sustainability through the initiatives of International Flavors & Fragrances Inc.
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Thorungaverksmidjan hf.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Thorungaverksmidjan hf. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from International Flavors & Fragrances Inc.2030 targetSee details
Active
Carbon Disclosure Project
Inherited from International Flavors & Fragrances Inc.Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
Inherited from International Flavors & Fragrances Inc.See details
Not active
RE 100
Inherited from International Flavors & Fragrances Inc.See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsNo peer comparison is available for Thorungaverksmidjan hf. yet.
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