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Kesko Oyj

Common Name
Kesko
Country
Finland
Sector
Consumer Defensive
Industry
Grocery Stores
Employees
18,382
Ticker
KESKOB
Exchange
Nasdaq Helsinki
Description
Kesko Oyj Class B shares represent the publicly traded class B stock of Kesko Oyj, a Finland-based retail conglomerate operating across three primary divisions: Grocery, Building and Technical, and Ca...

Kesko's GHG Emissions Data Preview

In 2025, Kesko 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).

Kesko has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
55,237a
59,750a
47,385b
Total Scope 2
Market-Based
18,967a
31,385a
30,562b
Location-Based
34,721a
43,167a
176,123b
Total Scope 3
8,081,021a
7,271,279a
11,553,600b
Total Scope 1 Revenue Intensity (tCO2e/$M)
3.7663a
4.8169a
3.6331b
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Verified Sources Behind Kesko’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.

a. Kesko's Annual Report 2025
b. Kesko's Annual Report 2023

Insights into Kesko's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Kesko amounted to 89,958 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 2024, the total operational greenhouse gas (GHG) emissions of Kesko decreased by 12.59%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Kesko's Scope 1 Emissions Over Time

202020212022202320242025015 k30 k45 k60 ktCO2e+14%+9%-1%+26%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Kesko's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Kesko were 55,237 metric tons of CO₂ equivalent (tCO₂e).a

Has Kesko reduced its Scope 1 emissions over time?

Since 2020, Kesko's Scope 1 emissions have increased by 43.8%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Kesko's Scope 1 emissions decreased by 7.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Kesko's Scope 2 emissions?

In 2025, Kesko reported Scope 2 greenhouse gas (GHG) emissions of 18,967 tCO₂e using the market-based method and 34,721 tCO₂e using the location-based method.a

Has Kesko reduced its Scope 2 emissions over time?

Since 2020, Kesko's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 68.38%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), Kesko's Scope 2 emissions (Location-Based) fell by 19.57% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Kesko use for Scope 2 reporting?

In 2025, Kesko reported its Scope 2 emissions using the market-based method and using the location-based method.a

Kesko's Scope 2 Emissions Over Time

202020212022202320242025045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kesko's Value Chain Emissions

In 2025, Kesko reported 8,081,021 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 2025 disclosure of Kesko includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Kesko's Scope 3 Emissions Over Time

20202021202220232024202503 M6 M9 M12 MtCO2e+1%-18%+46%-37%+11%
  • Total Scope 3
  • Year-over-Year Change

What are Kesko's Scope 3 emissions?

In 2025, Kesko reported total Scope 3 emissions of 8,081,021 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 83.18% of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.82% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Kesko reduced its Scope 3 emissions over time?

Since 2020, Kesko's Scope 3 emissions have decreased by 16.28%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), Kesko's Scope 3 emissions increased by 11.14%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Kesko disclose?

In 2025, Kesko reported emissions for 6 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 Kesko's Scope 3 emissions?

In 2025, the largest contributors to Kesko's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 6,481,456 tCO₂e (80.21%)
  • Use of Sold Products (Cat. 11): 1,286,731 tCO₂e (15.92%)
  • Capital Goods (Cat. 2): 144,227 tCO₂e (1.78%)

Kesko's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(1.8%)Purchased Goods andServices (Cat. 1)(80.2%)Use of Sold Products(Cat. 11)(15.9%)

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

In 2025, Kesko reported Scope 1 greenhouse gas (GHG) emissions of 55,237 tCO₂e and total revenues of USD 14,666 millions. This translates into an emissions intensity of 3.77 tCO₂e per millions USD.a

Kesko's Scope 1 Emissions Intensity Compared to Peers

1,00010,000100,0001,000,00010,000,000Scope 1 Emissions (tCO2e)1,0005,00020,000100,000500,000Revenues (Millions of USD)Woolworths GroupYear: 2025Scope 1: 442,289 tCO2eRevenue: $M 45,472Scope 1 Intensity: 9.73 tCO2e/$MSeven & i HoldingsYear: 2023Scope 1: 106,818 tCO2eRevenue: $M 86,647Scope 1 Intensity: 1.23 tCO2e/$MKrogerYear: 2024Scope 1: 2,240,536 tCO2eRevenue: $M 147,123Scope 1 Intensity: 15.23 tCO2e/$MKoninklijke Ahold DelhaizeYear: 2025Scope 1: 1,569,000 tCO2eRevenue: $M 108,575Scope 1 Intensity: 14.45 tCO2e/$MTescoYear: 2025Scope 1: 802,425 tCO2eRevenue: $M 88,087Scope 1 Intensity: 9.11 tCO2e/$MLoblaw CompaniesYear: 2024Scope 1: 687,940 tCO2eRevenue: $M 42,415Scope 1 Intensity: 16.22 tCO2e/$MAlbertsons CompaniesYear: 2023Scope 1: 2,651,176 tCO2eRevenue: $M 77,650Scope 1 Intensity: 34.14 tCO2e/$MEmpireYear: 2024Scope 1: 314,387 tCO2eRevenue: $M 22,307Scope 1 Intensity: 14.09 tCO2e/$MX5 Retail GroupYear: 2024Scope 1: 1,745,875 tCO2eRevenue: $M 34,356Scope 1 Intensity: 50.82 tCO2e/$MWM Morrison SupermarketsYear: 2024Scope 1: 209,940 tCO2eRevenue: $M 22,078Scope 1 Intensity: 9.51 tCO2e/$MJ SainsburyYear: 2025Scope 1: 448,734 tCO2eRevenue: $M 41,289Scope 1 Intensity: 10.87 tCO2e/$MCP AllYear: 2024Scope 1: 437,291 tCO2eRevenue: $M 27,931Scope 1 Intensity: 15.66 tCO2e/$MCasino Guichard PerrachonYear: 2024Scope 1: 62,402 tCO2eRevenue: $M 8,908Scope 1 Intensity: 7.01 tCO2e/$MSendas DistribuidoraYear: 2024Scope 1: 75,937 tCO2eRevenue: $M 11,949Scope 1 Intensity: 6.36 tCO2e/$MMigros TicaretYear: 2024Scope 1: 264,042 tCO2eRevenue: $M 8,307Scope 1 Intensity: 31.79 tCO2e/$MSumber Alfaria TrijayaYear: 2024Scope 1: 6,470 tCO2eRevenue: $M 7,350Scope 1 Intensity: 0.88 tCO2e/$MMetro IncYear: 2024Scope 1: 264,354 tCO2eRevenue: $M 15,689Scope 1 Intensity: 16.85 tCO2e/$MColruyt GroupYear: 2025Scope 1: 84,336 tCO2eRevenue: $M 11,093Scope 1 Intensity: 7.60 tCO2e/$MDFI Retail Group HoldingsYear: 2024Scope 1: 231,000 tCO2eRevenue: $M 8,869Scope 1 Intensity: 26.05 tCO2e/$MGrupo Comercial ChedrauiYear: 2024Scope 1: 386,173 tCO2eRevenue: $M 13,593Scope 1 Intensity: 28.41 tCO2e/$MAxfoodYear: 2025Scope 1: 4,488 tCO2eRevenue: $M 9,693Scope 1 Intensity: 0.46 tCO2e/$MPresident Chain StoreYear: 2024Scope 1: 25,563 tCO2eRevenue: $M 10,315Scope 1 Intensity: 2.48 tCO2e/$MSprouts Farmers MarketYear: 2024Scope 1: 88,079 tCO2eRevenue: $M 7,719Scope 1 Intensity: 11.41 tCO2e/$MBIM Birlesik MagazalarYear: 2025Scope 1: 394,369 tCO2eRevenue: $M 16,786Scope 1 Intensity: 23.49 tCO2e/$MICA GruppenYear: 2024Scope 1: 8,831 tCO2eRevenue: $M 14,267Scope 1 Intensity: 0.62 tCO2e/$MKeskoYear: 2025Scope 1: 55,237 tCO2eRevenue: $M 14,666Scope 1 Intensity: 3.77 tCO2e/$M

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

In 2025, Kesko reported a Scope 1 emissions intensity of 3.77 tCO₂e per millions USD. Compared to the peer group median of 11.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2025, Kesko ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Kesko's Total Carbon Footprint

In 2025, Kesko reported a total carbon footprint of 8,170,979 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.81% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Kesko's total carbon footprint was Scope 3 emissions, accounting for 98.9% of the company's total carbon footprint, followed by Scope 1 emissions at 0.68%.a

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