HKFoods Oyj

Common Name
HKFoods
Country
Finland
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
3,000
Ticker
HKFOODS
Exchange
NASDAQ HELSINKI LTD
Description
HKScan Oyj is a leading Nordic food company specializing in meat processing and distribution. Primarily known for its wide range of pork, beef, poultry, and processed meat products, HKScan serves an e...

HKFoods's Climate Target Data Preview

As of 2024, HKFoods has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into HKFoods ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into HKFoods's Greenhouse Gas Emissions Pathways

As of 2024, HKFoods has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does HKFoods have a target to reduce the emissions from its operations?

As of 2024, HKFoods has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

HKFoods's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 18,315 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Instead of reducing operational emissions, HKFoods has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.

HKFoods's Operational (Scope 1+2) Emissions Pathway

20222024203005.5 k11 k16.5 k22 kBaselineCurrent (+13%)Target 2030 (-42%)

Does HKFoods have a target to reduce the emissions from its value chain?

As of 2024, HKFoods has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

HKFoods's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 92,660.55 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Instead of reducing value chain emissions, HKFoods has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.

HKFoods's Value Chain (Scope 3) Emissions Pathway

202220242030030 k60 k90 k120 kCurrent (+9%)Target 2030 (-42%)
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