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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 LTD
Description
Kesko Oyj is a Finnish diversified trading company specializing in three main sectors: grocery trade, building and technical trade, and car trade. Founded in 1940 and headquartered in Helsinki, Kesko ...

Kesko's GHG Emissions Data Preview

In 2024, 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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b
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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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. Explore Kesko’s data sources below and access millions more through our Disclosure Search.

a. Kesko's Annual Report 2024
a. Kesko's Annual Report 2024
b. Kesko's Annual Report 2023
b. Kesko's Annual Report 2023

Insights into Kesko's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofKesko amounted to99,587metric 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 Keskodecreased by 55.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Kesko's Scope 1 Emissions Over Time

20202021202220232024015 k30 k45 k60 ktCO2e+14%+9%-1%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Kesko's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Kesko were 56,637 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Kesko reduced its Scope 1 emissions over time?

Since 2020, Kesko's Scope 1 emissions have increased by 47.44%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Kesko's Scope 1 emissions increased by 19.53%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Kesko's Scope 2 emissions?

In 2024, Kesko reported Scope 2 greenhouse gas (GHG) emissions of 27,939 tCOâ‚‚e using the market-based method and 42,950 tCOâ‚‚e 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 60.89%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Kesko's Scope 2 emissions(Location-Based) fell by 75.61% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Kesko use for Scope 2 reporting?

In 2024, 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

20202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kesko's Value Chain Emissions

In 2024, Kesko reported 7,122,142 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Kesko includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Kesko's Scope 3 Emissions Over Time

2020202120222023202403 M6 M9 M12 MtCO2e+1%-18%+46%-38%
  • Total Scope 3
  • Year-over-Year Change

What are Kesko's Scope 3 emissions?

In 2024, Kesko reported total Scope 3 emissions of 7,122,142 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 90.7%of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.3%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 emissionshave decreased by 26.22%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Kesko's Scope 3 emissions decreased by 38.36%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Kesko disclose?

In 2024, Kesko reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

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

  • Purchased Goods and Services (Cat. 1): 6,108,778 tCOâ‚‚e(85.77%)
  • Use of Sold Products (Cat. 11): 505,950 tCOâ‚‚e(7.1%)
  • Capital Goods (Cat. 2): 144,096 tCOâ‚‚e(2.02%)

Kesko's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(2.0%)Purchased Goods andServices (Cat. 1)(85.8%)Use of Sold Products(Cat. 11)(7.1%)

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

In 2024, Kesko reported Scope 1 greenhouse gas (GHG) emissions of 56,637 tCOâ‚‚e and total revenues of USD 12,404 millions. This translates into an emissions intensity of 4.57 tCOâ‚‚e per millions USD.a

Kesko's Scope 1 Emissions Intensity Compared to Peers

1,00010,000100,0001,000,00010,000,000Scope 1 Emissions (tCO2e)5002,00010,000100,000500,000Revenues (Millions of USD)GKoninklijke Ahold DelhaizeYear: 2024Scope 1: 1,695,000 tCO2eRevenue: $M 92,986Scope 1 Intensity: 18.23 tCO2e/$MDFI Retail Group HoldingsYear: 2024Scope 1: 231,000 tCO2eRevenue: $M 8,869Scope 1 Intensity: 26.05 tCO2e/$MWeis MarketsYear: 2023Scope 1: 116,710 tCO2eRevenue: $M 4,697Scope 1 Intensity: 24.85 tCO2e/$MPresident Chain StoreYear: 2024Scope 1: 25,563 tCO2eRevenue: $M 10,315Scope 1 Intensity: 2.48 tCO2e/$MCasino Guichard PerrachonYear: 2024Scope 1: 62,402 tCO2eRevenue: $M 8,908Scope 1 Intensity: 7.01 tCO2e/$MAxfoodYear: 2024Scope 1: 5,430 tCO2eRevenue: $M 7,627Scope 1 Intensity: 0.71 tCO2e/$MSprouts Farmers MarketYear: 2024Scope 1: 88,079 tCO2eRevenue: $M 7,719Scope 1 Intensity: 11.41 tCO2e/$MSumber Alfaria TrijayaYear: 2024Scope 1: 6,470 tCO2eRevenue: $M 7,350Scope 1 Intensity: 0.88 tCO2e/$MSendas DistribuidoraYear: 2024Scope 1: 75,937 tCO2eRevenue: $M 11,949Scope 1 Intensity: 6.36 tCO2e/$MICA GruppenYear: 2024Scope 1: 8,831 tCO2eRevenue: $M 14,267Scope 1 Intensity: 0.62 tCO2e/$MLoblaw CompaniesYear: 2024Scope 1: 687,940 tCO2eRevenue: $M 42,415Scope 1 Intensity: 16.22 tCO2e/$MGGGrocery Outlet HoldingYear: 2024Scope 1: 16,954 tCO2eRevenue: $M 4,372Scope 1 Intensity: 3.88 tCO2e/$MDino PolskaYear: 2024Scope 1: 47,304 tCO2eRevenue: $M 7,116Scope 1 Intensity: 6.65 tCO2e/$MEmpireYear: 2024Scope 1: 314,387 tCO2eRevenue: $M 22,307Scope 1 Intensity: 14.09 tCO2e/$MColes GroupYear: 2024Scope 1: 196,000 tCO2eRevenue: $M 29,062Scope 1 Intensity: 6.74 tCO2e/$MBIM Birlesik MagazalarYear: 2024Scope 1: 351,067 tCO2eRevenue: $M 14,691Scope 1 Intensity: 23.90 tCO2e/$MH2O RetailingYear: 2024Scope 1: 54,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 12.44 tCO2e/$MKrogerYear: 2024Scope 1: 2,240,536 tCO2eRevenue: $M 147,123Scope 1 Intensity: 15.23 tCO2e/$MCP AllYear: 2024Scope 1: 437,291 tCO2eRevenue: $M 27,931Scope 1 Intensity: 15.66 tCO2e/$MOcado GroupYear: 2024Scope 1: 103,957 tCO2eRevenue: $M 1,542Scope 1 Intensity: 67.41 tCO2e/$MBlue Zones HoldingsYear: 2024Scope 1: 20,295 tCO2eRevenue: $M 4,091Scope 1 Intensity: 4.96 tCO2e/$MWoolworths GroupYear: 2025Scope 1: 442,289 tCO2eRevenue: $M 45,472Scope 1 Intensity: 9.73 tCO2e/$MGeorge WestonYear: 2024Scope 1: 693,090 tCO2eRevenue: $M 42,828Scope 1 Intensity: 16.18 tCO2e/$MColruyt GroupYear: 2025Scope 1: 84,336 tCO2eRevenue: $M 11,867Scope 1 Intensity: 7.11 tCO2e/$MKeskoYear: 2024Scope 1: 56,637 tCO2eRevenue: $M 12,404Scope 1 Intensity: 4.57 tCO2e/$M

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

In 2024, Kesko reported a Scope 1 emissions intensity of 4.57 tCOâ‚‚e per millions USD. Compared to the peer group median of 10.57, 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 2024, Kesko ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Kesko reported a total carbon footprint of 7,221,729 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38.68% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Kesko's total carbon footprint was Scope 3 emissions, accounting for 98.62% of the company's total carbon footprint, followed by Scope 1 emissions at 0.78%.a

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