HKFoods Oyj
HKFoods's GHG Emissions Data Preview
In 2024, HKFoods completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
HKFoods has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature.  a | 0000000 |
Verified Sources Behind HKFoods’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore HKFoods’s data sources below and access millions more through our Disclosure Search.
Insights into HKFoods's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of HKFoods amounted to 33,188 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of HKFoods decreased by 3.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
HKFoods's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HKFoods's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HKFoods were 15,589 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), HKFoods's Scope 1 emissions increased by 15.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are HKFoods's Scope 2 emissions?
In 2024, HKFoods reported Scope 2 greenhouse gas (GHG) emissions of 5,132 tCO₂e using the market-based method and 17,599 tCO₂e using the location-based method.a
Has HKFoods reduced its Scope 2 emissions over time?
Compared to the previous year (2022), HKFoods's Scope 2 emissions (Location-Based) fell by 16.34% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does HKFoods use for Scope 2 reporting?
In 2024, HKFoods reported its Scope 2 emissions using the market-based method and using the location-based method.a
HKFoods's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into HKFoods's Value Chain Emissions
In 2024, HKFoods reported 1,503,033 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of HKFoods includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
HKFoods's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HKFoods's Scope 3 emissions?
In 2024, HKFoods reported total Scope 3 emissions of 1,503,033 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 92.86% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.14% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), HKFoods's Scope 3 emissions remained relatively stable, indicating that HKFoods's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does HKFoods disclose?
In 2024, HKFoods reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of HKFoods's Scope 3 emissions?
In 2024, the largest contributors to HKFoods's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 1,292,037 tCO₂e (85.96%)
- Capital Goods (Cat. 2): 83,161 tCO₂e (5.53%)
- Processing of Sold Products (Cat. 10): 77,627 tCO₂e (5.16%)
HKFoods's Scope 3 Emissions by Categories
Insights into HKFoods’s GHG Emissions Intensity Compared to Industry Peers
In 2024, HKFoods reported Scope 1 greenhouse gas (GHG) emissions of 15,589 tCO₂e and total revenues of USD 1,042 millions. This translates into an emissions intensity of 14.95 tCO₂e per millions USD.a
HKFoods's Scope 1 Emissions Intensity Compared to Peers
How does HKFoods's GHG emissions intensity compare to its peers?
In 2024, HKFoods reported a Scope 1 emissions intensity of 14.95 tCO₂e per millions USD. Compared to the peer group median of 16.64, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does HKFoods rank on GHG emissions intensity within its industry?
In 2024, HKFoods ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
HKFoods is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into HKFoods's Total Carbon Footprint
In 2024, HKFoods reported a total carbon footprint of 1,536,221 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.98% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to HKFoods's total carbon footprint was Scope 3 emissions, accounting for 97.84% of the company's total carbon footprint, followed by Scope 2 emissions at 1.15%.a