Apetit Oyj

Common Name
Apetit
Country
Finland
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
363
Ticker
APETIT
Exchange
NASDAQ HELSINKI LTD
Website
apetit.fi
Description
Apetit Oyj is a Finland-based company primarily involved in the food industry. The company's main function is to produce and sell food products, with a particular specialization in vegetable-based goo...

Apetit's GHG Emissions Data Preview

In 2023, Apetit completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Apetit has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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b
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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0000000
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Verified Sources Behind Apetit’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Apetit’s data sources below and access millions more through our Disclosure Search.

a. Apetit's Annual Report 2023
a. Apetit's Annual Report 2023
b. Apetit's Annual Report 2022
b. Apetit's Annual Report 2022

Insights into Apetit's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Apetit amounted to 8,892 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Apetit increased by 69.83%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Apetit's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-35%+106%-5%+164%
  • Total Scope 1
  • Year-over-Year Change

What are Apetit's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Apetit were 4,229 metric tons of CO₂ equivalent (tCO₂e). a

Has Apetit reduced its Scope 1 emissions over time?

Since 2019, Apetit's Scope 1 emissions have increased by 239.13%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Apetit's Scope 1 emissions increased by 164%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Apetit's Scope 2 emissions?

In 2023, Apetit reported Scope 2 greenhouse gas (GHG) emissions of 3,174 tCO₂e using the market-based method and 4,663 tCO₂e using the location-based method. a

Has Apetit reduced its Scope 2 emissions over time?

Since 2019, Apetit's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 43.5%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Apetit's Scope 2 emissions (Location-Based) rose by 28.32% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Apetit use for Scope 2 reporting?

In 2023, Apetit reported its Scope 2 emissions using the market-based method and using the location-based method. a

Apetit's Scope 2 Emissions Over Time

2019202020212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Apetit's Value Chain Emissions

In 2023, Apetit reported 260,931 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Apetit includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Apetit's Scope 3 Emissions Over Time

20192020202120222023075 k150 k225 k300 ktCO2e-12%+5%-26%+30%
  • Total Scope 3
  • Year-over-Year Change

What are Apetit's Scope 3 emissions?

In 2023, Apetit reported total Scope 3 emissions of 260,931 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 97.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.88% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Apetit reduced its Scope 3 emissions over time?

Since 2019, Apetit's Scope 3 emissions have decreased by 11.28%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Apetit's Scope 3 emissions increased by 29.81%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Apetit disclose?

In 2023, Apetit reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Apetit's Scope 3 emissions?

In 2023, the largest contributors to Apetit's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 238,011.371 tCO₂e (91.16%)
  • Downstream Transportation and Distribution (Cat. 9): 6,708.325 tCO₂e (2.57%)
  • Use of Sold Products (Cat. 11): 6,708.325 tCO₂e (2.57%)

Apetit's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(91.2%)DownstreamTransportation andDistribution(Cat. 9)(2.6%)Use of Sold Products(Cat. 11)(2.6%)

Insights into Apetit’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Apetit reported Scope 1 greenhouse gas (GHG) emissions of 4,229 tCO₂e and total revenues of USD 194 millions. This translates into an emissions intensity of 21.77 tCO₂e per millions USD. a

Apetit's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00010,000,000Scope 1 Emissions (tCO2e)505005,00050,000500,000Revenues (Millions of USD)BZTMidsonaYear: 2024Scope 1: 3,014 tCO2eRevenue: $M 338Scope 1 Intensity: 8.91 tCO2e/$MR&B Food SupplyYear: 2022Scope 1: 2,373 tCO2eRevenue: $M 114Scope 1 Intensity: 20.75 tCO2e/$MFine FoodsYear: 2024Scope 1: 8,104 tCO2eRevenue: $M 254Scope 1 Intensity: 31.95 tCO2e/$MBBBenchmark HoldingsYear: 2024Scope 1: 2,513 tCO2eRevenue: $M 121Scope 1 Intensity: 20.78 tCO2e/$MRaisioYear: 2023Scope 1: 50 tCO2eRevenue: $M 243Scope 1 Intensity: 0.21 tCO2e/$MZZZhou Hei YaYear: 2023Scope 1: 5,194 tCO2eRevenue: $M 421Scope 1 Intensity: 12.33 tCO2e/$MMikoYear: 2024Scope 1: 5,970 tCO2eRevenue: $M 275Scope 1 Intensity: 21.67 tCO2e/$MSaputoYear: 2025Scope 1: 500,261 tCO2eRevenue: $M 13,247Scope 1 Intensity: 37.76 tCO2e/$MMarfrig Global FoodsYear: 2024Scope 1: 300,755 tCO2eRevenue: $M 24,096Scope 1 Intensity: 12.48 tCO2e/$MMeiji HoldingsYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 7,300Scope 1 Intensity: 28.63 tCO2e/$MNissuiYear: 2024Scope 1: 213,648 tCO2eRevenue: $M 5,490Scope 1 Intensity: 38.92 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MGodrej AgrovetYear: 2024Scope 1: 1,449 tCO2eRevenue: $M 1,136Scope 1 Intensity: 1.28 tCO2e/$MHilton Food GroupYear: 2024Scope 1: 13,495 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2.70 tCO2e/$MM. Dias BrancoYear: 2024Scope 1: 146,654 tCO2eRevenue: $M 1,564Scope 1 Intensity: 93.76 tCO2e/$MWH GroupYear: 2024Scope 1: 3,167,092 tCO2eRevenue: $M 202,795Scope 1 Intensity: 15.62 tCO2e/$MGlanbiaYear: 2024Scope 1: 141,880 tCO2eRevenue: $M 3,321Scope 1 Intensity: 42.72 tCO2e/$MTTTaokaenoi Food & MarketingYear: 2023Scope 1: 2,111 tCO2eRevenue: $M 155Scope 1 Intensity: 13.65 tCO2e/$MChina Mengniu DairyYear: 2024Scope 1: 277,500 tCO2eRevenue: $M 13,227Scope 1 Intensity: 20.98 tCO2e/$MMorinaga Milk IndustryYear: 2023Scope 1: 188,177 tCO2eRevenue: $M 3,946Scope 1 Intensity: 47.69 tCO2e/$MLeroy Seafood GroupYear: 2024Scope 1: 156,638 tCO2eRevenue: $M 2,745Scope 1 Intensity: 57.06 tCO2e/$MLamb Weston HoldingsYear: 2023Scope 1: 722,902 tCO2eRevenue: $M 5,351Scope 1 Intensity: 135.11 tCO2e/$MAAKYear: 2024Scope 1: 227,285 tCO2eRevenue: $M 4,088Scope 1 Intensity: 55.60 tCO2e/$MApetitYear: 2023Scope 1: 4,229 tCO2eRevenue: $M 194Scope 1 Intensity: 21.77 tCO2e/$M

How does Apetit's GHG emissions intensity compare to its peers?

In 2023, Apetit reported a Scope 1 emissions intensity of 21.77 tCO₂e per millions USD. Compared to the peer group median of 21.67 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Apetit rank on GHG emissions intensity within its industry?

In 2023, Apetit ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Apetit is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Apetit's Total Carbon Footprint

In 2023, Apetit reported a total carbon footprint of 269,823 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.82% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Apetit's total carbon footprint was Scope 3 emissions, accounting for 96.7% of the company's total carbon footprint, followed by Scope 2 emissions at 1.73%. a

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