Our Sustainability Statement was published as part of our Annual Report 2024.
Sustainability Statement is based on the EU Corporate Sustainability Reporting Directive (CSRD).
Sustainability is at the core of Aspo’s business and strategy. It guides our investments, customer collaboration, and value chain management. We focus on mitigating and adapting to climate change by reducing emissions, improving energy efficiency, and increasing the use of renewable solutions.
Our goal is to be a forerunner in the green transition – through concrete actions that help transform our industries and build a more sustainable future.
We reduce our environmental impact and promote the transition towards a low-carbon future. Sustainability guides our operations and investments.
We promote the wellbeing and equality of our employees and ensure safe and responsible ways of working. Collaboration and long-term development create value for our stakeholders.
We operate transparently and ethically, following good governance practices and sustainability principles. Our decision-making is based on trust, integrity, and sustainable value creation.
The international Science Based Targets initiative (SBTi) has approved Aspo’s short‑term emission reduction targets. The targets are aligned with the latest scientific research and the global 1.5‑degree pathway. Aspo’s climate targets cover ESL Shipping and Telko.
We aim to reduce our absolute Scope 1 and 2 emissions by 42% by 2030. In addition, we require that 50% of our suppliers of purchased goods and services commit to the Science Based Targets initiative by 2029. Aspo will also reduce the Scope 3 emissions arising from the transport of fossil fuels by 100% by 2030 (baseline year 2023).
Investments in sustainable shipping ESL Shipping is investing significantly in an environmentally friendly fleet. The total value of the investment, to be implemented between 2024 and 2028, is approximately EUR 186 million, and it will be used to acquire four new fully fossil-free cargo vessels. These vessels represent the latest technology in the Baltic Sea region and significantly reduce Aspo’s carbon footprint. ESL Shipping’s CO₂e emissions per tonne of cargo decreased by more than 12% in 2024.
Telko provides its customers with more sustainable and responsible options, including bio-based plastics, to replace fossil plastics. Telko also offers lubricants that have a long change interval and help improve the efficiency of wind turbines and vessels, among other applications. In industrial chemicals, Telko’s range includes additives that significantly reduce the processing temperature in the manufacture of asphalt, and thereby reduce emissions throughout the value chain.
Leipurin supports its customers’ sustainability goals with a sustainable product range and transparent information about supply chains and product sustainability. For example, Leipurin offers RSPO-certified palm oil alternatives. In addition, Leipurin supports consumers’ sustainable choices through research and development based on plant-based proteins. In 2024, Leipurin reduced its food waste by 38%.
The partnership with the John Nurminen Foundation aligns with Aspo’s goals to develop future maritime infrastructure and reduce the burden on water resources. ESL Shipping and Telko are also joining this mission and partnership alongside Aspo.
The report has been published in English.
Sustainability Statement is based on the EU Corporate Sustainability Reporting Directive (CSRD).
You can find older reports in our report archive
Updated: 04.02.2026