Environmental sustainability
Aspo’s businesses are committed to science-based emission reduction under the Science Based Targets initiative (SBTi). During 2025, we will set ambitious and measurable targets to reduce greenhouse gas emissions in line with the Paris Agreement. Our commitment to the SBTi helps us to ensure that our activities are aligned with the target of limiting global warming to 1.5 degrees.
ESL Shipping joined the SBTi already at the end of 2023 and will set separate long-term emission reduction targets in addition to Aspo’s short-term target.
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 9% of all emissions.
- Scope 1 emissions account for 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 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.
Read more about our actions to reduce emissions in our businesses: