Environmental sustainability

Our Approach

We mitigate climate change by striving to reduce CO₂e emissions across all our operations. All our business areas share the goal of decreasing emissions throughout the entire value chain, improving energy efficiency and adopting renewable energy whenever it is operationally and economically feasible. Sustainability guides our operations and investments. From an environmental perspective, we have identified climate change mitigation and energy (E1) as the most material sustainability theme for the Group.

Greenhouse gas emissions

During 2024, Aspo Group conducted its first full greenhouse gas inventory.

• Aspo Group’s greenhouse gas (GHG) emissions in 2024 totaled 716,799 tCO2eq.
• The most significant share of the Group’s GHG emissions consists of Scope 3 emissions, which account for 74,9% of all emissions.
• Scope 1 emissions account for 25,1%, the majority of which consists of the fuel consumption of ESL Shipping’s vessels.
• Scope 2 GHG emissions account for less than 1%.
• The most significant Scope 3 emissions come from purchased products and services, accounting for 77,9% of the Group’s Scope 3 emissions. A significant part of this consists of products Telko and Leipurin purchase.
• Other significant Scope 3 emission categories include fuel- and energy-related activities, downstream leased assets, and upstream transportation and distribution.
  

Actions to reduce emissions

A more effective use of energy and raw materials plays a key role in reducing Aspo’s environmental impact.

• As ESL Shipping’s vessels generate the majority of the Group’s Scope 1 GHG emissions, the most significant environmental aspects for them are related to fleet’s improved energy efficiency.
• The biggest environmental impact of Leipurin and Telko, which operate in the fields of trade and logistics, come from other parts of the supply chain.
• The Group’s carbon footprint can be reduced especially through the effective planning of logistics flows.