Responsibility is a cornerstone of HKFoods' strategy and a prerequisite for profitable business. HKFoods' management and employees are committed to the long-term development of a responsible food chain. The results of responsibility work also create value for the business. We have received recognition for our responsibility work from a number of independent parties. In addition, we report our work and targets annually to external portals.
Strong commitment to climate work
HKFoods is committed to the UN Global Compact sustainability initiative. We also promote the targets of the UN’s sustainable development as part of our responsibility programme.
HKFoods was among the first Nordic food companies to specify near-term targets for both industrial energy and the land use sector (Forest, Land and Agriculture = FLAG). In December 2023, we received SBTi approval for our climate targets of near-term and land-based emissions.
Our new climate target is to achieve net zero for all greenhouse gas emissions by 2050. With our revised emissions calculation and climate target, we contribute to the goals of the Paris Agreement and also meet the new requirements for the land use sector.
We are listed as European Climate Leader for the fourth year in a row by Financial Times
Our climate work has been recognised in the Financial Times' European Climate Leaders list in 2021, 2022, 2023 and 2024. The top 500 companies on the list have reduced emissions from their own production in relation to net sales between 2017 and 2022, reported transparently on their climate impacts and committed to science-based climate targets or to setting them. Read more here
HKFoods rated by independent ESG ratings
Read more on Sustainalytics and ISS (Institutional Shareholder Services).
HKFoods is included in the Nasdaq OMX Sustainability Finland index
HKFoods is included in the Nasdaq OMX Sustainability Finland index, which comprises the leading companies in terms of sustainability and are selected based on how well they meet the criteria for environmental, social and governance (ESG) issues. HKFoods is also Nasdaq's ESG Transparency partner.
