Transparency as a foundation for progress

At Hydroscand, we are committed to transparent and responsible reporting. We measure what matters—not only to track our own impact, but to ensure that our stakeholders can trust our journey toward a more sustainable future. Our sustainability reporting is based on internationally recognized frameworks and constantly evolving to meet new requirements.

We view reporting not as a formality, but as a powerful tool for continuous improvement, collaboration, and innovation.
Hydroscand IsoBar hose

Reporting aligned with CSRD and double materiality

In 2024, Hydroscand aligned its reporting process with the Corporate Sustainability Reporting Directive (CSRD). A key milestone was the completion of a Double Materiality Assessment, where we assessed:
  • Our most significant sustainability impacts
  • The financial risks and opportunities linked to ESG factors
  • Stakeholder expectations across markets
This structured process resulted in a clear materiality matrix and action plan, which now guides our sustainability priorities and future disclosures in line with the European Sustainability Reporting Standards (ESRS).
Illustration of a document

Our emissions and performance data

Hydroscand measures greenhouse gas emissions across Scopes 1, 2 and 3, using a combination of spend- and activity-based data in line with the Greenhouse Gas Protocol. In 2024, we deepened our data collection to improve accuracy and transparency—particularly for Scope 3.
Selected 2024 figures:
  • Total emissions: 41,181 tCO₂e
  • Scope 3 share: 90% of total emissions
  • Renewable electricity use: 72%
  • EcoVadis rating: Silver (Top 15% globally)
While we are proud of these achievements, we recognize that reporting is a journey. 2024 is our baseline year for future Science-Based Targets, which we intend to commit to in 2025.
Two manometers

How we ensure data quality

Hydroscand works with trusted partners like Normative for carbon accounting and Kodiak Hub for supplier data tracking. Our ambition is to make data meaningful, traceable and actionable—across emissions, supplier performance, employee development and more.

Our internal KPI structure supports this ambition, with group-wide targets and follow-up processes integrated into operational planning. We publish our results annually in the Sustainability Report.

Download our reports

Our Sustainability Reports provide deeper insights into Hydroscand Group’s strategy, key metrics and performance over time. Click on a year below to download the full report as a PDF.

Download Sustainability report 2024

Previous reports:
Sustainability report 2023
Sustainability report 2022
Sustainability report 2021

Explore our other focus areas

Learn more about how we translate strategy into action.

Sourcing with integrity

Responsible Supply Chain

Empowering our people

People and Culture

Leading with accountability

Governance and Ethics

Transparency as a foundation for progress

At Hydroscand, we are committed to transparent and responsible reporting. We measure what matters—not only to track our own impact, but to ensure that our stakeholders can trust our journey toward a more sustainable future. Our sustainability reporting is based on internationally recognized frameworks and constantly evolving to meet new requirements.

We view reporting not as a formality, but as a powerful tool for continuous improvement, collaboration, and innovation.

Reporting aligned with CSRD and double materiality

In 2024, Hydroscand aligned its reporting process with the Corporate Sustainability Reporting Directive (CSRD). A key milestone was the completion of a Double Materiality Assessment, where we assessed:
  • Our most significant sustainability impacts
  • The financial risks and opportunities linked to ESG factors
  • Stakeholder expectations across markets
This structured process resulted in a clear materiality matrix and action plan, which now guides our sustainability priorities and future disclosures in line with the European Sustainability Reporting Standards (ESRS).
Hydroscand IsoBar hose
Illustration of a document

Our emissions and performance data

Hydroscand measures greenhouse gas emissions across Scopes 1, 2 and 3, using a combination of spend- and activity-based data in line with the Greenhouse Gas Protocol. In 2024, we deepened our data collection to improve accuracy and transparency—particularly for Scope 3.
Selected 2024 figures:
  • Total emissions: 41,181 tCO₂e
  • Scope 3 share: 90% of total emissions
  • Renewable electricity use: 72%
  • EcoVadis rating: Silver (Top 15% globally)
While we are proud of these achievements, we recognize that reporting is a journey. 2024 is our baseline year for future Science-Based Targets, which we intend to commit to in 2025.

How we ensure data quality

Hydroscand works with trusted partners like Normative for carbon accounting and Kodiak Hub for supplier data tracking. Our ambition is to make data meaningful, traceable and actionable—across emissions, supplier performance, employee development and more.

Our internal KPI structure supports this ambition, with group-wide targets and follow-up processes integrated into operational planning. We publish our results annually in the Sustainability Report.
Two manometers

Download our reports

Our Sustainability Reports provide deeper insights into Hydroscand Group’s strategy, key metrics and performance over time. Click on a year below to download the full report as a PDF.

Download Sustainability report 2024 - PDF​

Previous reports:

Explore our other focus areas

Learn more about how we translate strategy into action.

Sourcing with integrity

Responsible Supply Chain

Empowering our people

People and Culture

Leading with accountability

Governance and Ethics