Finnair Oyj

Common Name
Finnair
Country
Finland
Sector
Industrials
Industry
Airlines
Employees
5,261
Ticker
FIA1S
Exchange
NASDAQ HELSINKI LTD
Description
Finnair Oyj is a prominent airline company based in Finland, known for providing comprehensive air transport services. The primary function of Finnair is to operate both domestic and international fli...

Finnair's GHG Emissions Data Preview

In 2024, Finnair 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).

Finnair has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Finnair’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 Finnair’s data sources below and access millions more through our Disclosure Search.

a. Finnair's Financial Report 2024
a. Finnair's Financial Report 2024

Insights into Finnair's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Finnair amounted to 3,464,432 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 2023, the total operational greenhouse gas (GHG) emissions of Finnair increased by 8.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Finnair's Scope 1 Emissions Over Time

202320240900 k1.8 M2.7 M3.6 MtCO2e+9%
  • Total Scope 1
  • Year-over-Year Change

What are Finnair's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Finnair were 3,459,576 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Finnair's Scope 1 emissions increased by 8.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Finnair's Scope 2 emissions?

In 2024, Finnair reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 4,856 tCO₂e using the location-based method. a

Has Finnair reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Finnair's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Finnair 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Finnair use for Scope 2 reporting?

In 2024, Finnair reported its Scope 2 emissions using the market-based method and using the location-based method. a

Finnair's Scope 2 Emissions Over Time

2023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Finnair's Value Chain Emissions

In 2024, Finnair reported 881,939 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 2024 disclosure of Finnair includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Finnair's Scope 3 Emissions Over Time

202320240250 k500 k750 k1 MtCO2e+7%
  • Total Scope 3
  • Year-over-Year Change

What are Finnair's Scope 3 emissions?

In 2024, Finnair reported total Scope 3 emissions of 881,939 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 97.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.61% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Finnair's Scope 3 emissions remained relatively stable, indicating that Finnair 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Finnair disclose?

In 2024, Finnair reported emissions for 8 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 Finnair's Scope 3 emissions?

In 2024, the largest contributors to Finnair's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 528,121 tCO₂e (59.88%)
  • Purchased Goods and Services (Cat. 1): 190,510 tCO₂e (21.6%)
  • Capital Goods (Cat. 2): 106,888 tCO₂e (12.12%)

Finnair's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(12.1%)Purchased Goods andServices (Cat. 1)(21.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(59.9%)

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

In 2024, Finnair reported Scope 1 greenhouse gas (GHG) emissions of 3,459,576 tCO₂e and total revenues of USD 3,173 millions. This translates into an emissions intensity of 1,090.45 tCO₂e per millions USD. a

Finnair's Scope 1 Emissions Intensity Compared to Peers

20,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)CCCCopa HoldingsYear: 2023Scope 1: 3,136,351 tCO2eRevenue: $M 3,457Scope 1 Intensity: 907.25 tCO2e/$MJUNEYAO AIRLINESYear: 2023Scope 1: 2,509,290 tCO2eRevenue: $M 2,828Scope 1 Intensity: 887.43 tCO2e/$MAsia AviationYear: 2023Scope 1: 1,431,561 tCO2eRevenue: $M 1,198Scope 1 Intensity: 1,195.12 tCO2e/$MAir CanadaYear: 2023Scope 1: 11,365,466 tCO2eRevenue: $M 16,492Scope 1 Intensity: 689.16 tCO2e/$MVolarisYear: 2023Scope 1: 3,580,722 tCO2eRevenue: $M 3,259Scope 1 Intensity: 1,098.73 tCO2e/$MSouthwest AirlinesYear: 2023Scope 1: 20,670,103 tCO2eRevenue: $M 26,091Scope 1 Intensity: 792.23 tCO2e/$MAir France KLMYear: 2024Scope 1: 25,727,000 tCO2eRevenue: $M 32,737Scope 1 Intensity: 785.88 tCO2e/$MChina AirlinesYear: 2024Scope 1: 6,228,363 tCO2eRevenue: $M 6,223Scope 1 Intensity: 1,000.79 tCO2e/$MBangkok AirwaysYear: 2023Scope 1: 288,794 tCO2eRevenue: $M 572Scope 1 Intensity: 505.23 tCO2e/$MSkyWestYear: 2024Scope 1: 5,566,845 tCO2eRevenue: $M 3,528Scope 1 Intensity: 1,577.94 tCO2e/$MStarlux AirlinesYear: 2023Scope 1: 589,857 tCO2eRevenue: $M 733Scope 1 Intensity: 805.22 tCO2e/$MTurk Hava Yollari AOYear: 2024Scope 1: 22,602,053 tCO2eRevenue: $M 22,669Scope 1 Intensity: 997.05 tCO2e/$MSingapore AirlinesYear: 2025Scope 1: 17,139,994 tCO2eRevenue: $M 14,545Scope 1 Intensity: 1,178.41 tCO2e/$MDeutsche LufthansaYear: 2024Scope 1: 29,159,239 tCO2eRevenue: $M 39,107Scope 1 Intensity: 745.62 tCO2e/$MAir ChinaYear: 2024Scope 1: 27,677,000 tCO2eRevenue: $M 22,841Scope 1 Intensity: 1,211.70 tCO2e/$MRyanair HoldingsYear: 2025Scope 1: 16,536,228 tCO2eRevenue: $M 15,098Scope 1 Intensity: 1,095.28 tCO2e/$MGOLYear: 2024Scope 1: 3,049,668 tCO2eRevenue: $M 3,096Scope 1 Intensity: 984.89 tCO2e/$MQantas AirwaysYear: 2025Scope 1: 12,139,425 tCO2eRevenue: $M 15,410Scope 1 Intensity: 787.77 tCO2e/$MEva AirwaysYear: 2023Scope 1: 6,501,992 tCO2eRevenue: $M 6,531Scope 1 Intensity: 995.53 tCO2e/$MAeroflot-Rossiyskiye AvialiniiYear: 2023Scope 1: 9,423,000 tCO2eRevenue: $M 6,775Scope 1 Intensity: 1,390.84 tCO2e/$MHainan Airlines HoldingYear: 2023Scope 1: 9,284,676 tCO2eRevenue: $M 8,251Scope 1 Intensity: 1,125.26 tCO2e/$MJapan AirlinesYear: 2024Scope 1: 9,720,000 tCO2eRevenue: $M 10,908Scope 1 Intensity: 891.10 tCO2e/$MAlaska Air GroupYear: 2024Scope 1: 10,321,898 tCO2eRevenue: $M 11,735Scope 1 Intensity: 879.58 tCO2e/$MEasyjetYear: 2024Scope 1: 8,114,121 tCO2eRevenue: $M 12,459Scope 1 Intensity: 651.29 tCO2e/$MChina Southern AirlinesYear: 2024Scope 1: 29,037,100 tCO2eRevenue: $M 23,873Scope 1 Intensity: 1,216.34 tCO2e/$MFinnairYear: 2024Scope 1: 3,459,576 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$M

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

In 2024, Finnair reported a Scope 1 emissions intensity of 1,090.45 tCO₂e per millions USD. Compared to the peer group median of 984.89 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, Finnair ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Finnair's Total Carbon Footprint

In 2024, Finnair reported a total carbon footprint of 4,346,371 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.26% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Finnair's total carbon footprint was Scope 1 emissions, accounting for 79.6% of the company's total carbon footprint, followed by Scope 3 emissions at 20.29%. a

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