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Kreate Group Oyj

Common Name
Kreate Group
Country
Finland
Sector
Industrials
Industry
Engineering & Construction
Employees
602
Ticker
KREATE
Exchange
NASDAQ HELSINKI LTD
Website
kreate.fi
Description
Kreate Group Oyj is a specialized construction company focusing on infrastructure project execution. This firm operates primarily within the intricate realms of bridge, foundation, and rock engineerin...

Kreate Group's GHG Emissions Data Preview

In 2024, Kreate Group 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).

Kreate Group has also provided a category-level breakdown for 2 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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a
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a
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0000000
Total Scope 2
Location-Based
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a
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a
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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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a
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a
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0000000
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Verified Sources Behind Kreate Group’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 Kreate Group’s data sources below and access millions more through our Disclosure Search.

a. Kreate Group's Annual Review 2024
a. Kreate Group's Annual Review 2024

Insights into Kreate Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofKreate Group amounted to4,039metric 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 Kreate Groupdecreased by 3.51%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Kreate Group's Scope 1 Emissions Over Time

2023202401 k2 k3 k4 ktCO2e-4%
  • Total Scope 1
  • Year-over-Year Change

What are Kreate Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Kreate Group were 3,798 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Kreate Group's Scope 1 emissions decreased by 4.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Kreate Group's Scope 2 emissions?

In 2024, Kreate Group reported Scope 2 greenhouse gas (GHG) emissions of 241 tCOâ‚‚e using the location-based method.a

Has Kreate Group reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Kreate Group's Scope 2 emissions(Location-Based) rose by 11.06% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Kreate Group use for Scope 2 reporting?

In 2024, Kreate Group reported its Scope 2 emissions using the location-based method.a

Kreate Group's Scope 2 Emissions Over Time

20232024065130195260tCO2e
  • Total Scope 2 Location-Based

Insights into Kreate Group's Value Chain Emissions

In 2024, Kreate Group reported 36,503 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 Kreate Group includes a breakdown across 2of 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

Kreate Group's Scope 3 Emissions Over Time

20232024015 k30 k45 k60 ktCO2e-36%
  • Total Scope 3
  • Year-over-Year Change

What are Kreate Group's Scope 3 emissions?

In 2024, Kreate Group reported total Scope 3 emissions of 36,503 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Kreate Group's Scope 3 emissions decreased by 35.69%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Kreate Group disclose?

In 2024, Kreate Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Purchased Goods and Services (Cat. 1): 28,996 tCOâ‚‚e(85.38%)
  • Fuel- and Energy-Related Services (Cat. 3): 4,965 tCOâ‚‚e(14.62%)

Kreate Group's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(14.6%)Purchased Goods andServices (Cat. 1)(85.4%)

Insights into Kreate Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Kreate Group reported Scope 1 greenhouse gas (GHG) emissions of 3,798 tCOâ‚‚e and total revenues of USD 287 millions. This translates into an emissions intensity of 13.25 tCOâ‚‚e per millions USD.a

Kreate Group's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)Enersense InternationalYear: 2024Scope 1: 7,207 tCO2eRevenue: $M 442Scope 1 Intensity: 16.31 tCO2e/$MConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MValmetYear: 2024Scope 1: 20,395 tCO2eRevenue: $M 5,577Scope 1 Intensity: 3.66 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MPonsseYear: 2024Scope 1: 3,497 tCO2eRevenue: $M 781Scope 1 Intensity: 4.48 tCO2e/$MDovre GroupYear: 2024Scope 1: 1,710 tCO2eRevenue: $M 103Scope 1 Intensity: 16.54 tCO2e/$MKalmarYear: 2024Scope 1: 8,100 tCO2eRevenue: $M 1,790Scope 1 Intensity: 4.52 tCO2e/$MKoneYear: 2024Scope 1: 112,500 tCO2eRevenue: $M 11,549Scope 1 Intensity: 9.74 tCO2e/$MWartsila Oyj AbpYear: 2024Scope 1: 37,066 tCO2eRevenue: $M 6,711Scope 1 Intensity: 5.52 tCO2e/$MAspoYear: 2024Scope 1: 179,675 tCO2eRevenue: $M 617Scope 1 Intensity: 291.36 tCO2e/$MScanfilYear: 2024Scope 1: 1,706 tCO2eRevenue: $M 812Scope 1 Intensity: 2.10 tCO2e/$MEtteplanYear: 2024Scope 1: 362 tCO2eRevenue: $M 376Scope 1 Intensity: 0.96 tCO2e/$MRauteYear: 2023Scope 1: 365 tCO2eRevenue: $M 161Scope 1 Intensity: 2.27 tCO2e/$MGlaston Oyj AbpYear: 2023Scope 1: 552 tCO2eRevenue: $M 243Scope 1 Intensity: 2.27 tCO2e/$MSitowise GroupYear: 2024Scope 1: 96 tCO2eRevenue: $M 201Scope 1 Intensity: 0.48 tCO2e/$MViking Line AbpYear: 2024Scope 1: 252,448 tCO2eRevenue: $M 500Scope 1 Intensity: 504.99 tCO2e/$MLassila & TikanojaYear: 2024Scope 1: 26,450 tCO2eRevenue: $M 802Scope 1 Intensity: 32.98 tCO2e/$MComponentaYear: 2024Scope 1: 4,037 tCO2eRevenue: $M 101Scope 1 Intensity: 39.93 tCO2e/$MSRV YhtiotYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 675Scope 1 Intensity: 1.69 tCO2e/$MHiabYear: 2024Scope 1: 13,627 tCO2eRevenue: $M 1,714Scope 1 Intensity: 7.95 tCO2e/$MEnento GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 156Scope 1 Intensity: 0.09 tCO2e/$MFinnairYear: 2024Scope 1: 3,459,576 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MKreate GroupYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 287Scope 1 Intensity: 13.25 tCO2e/$M

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

In 2024, Kreate Group reported a Scope 1 emissions intensity of 13.25 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Kreate Group rank on GHG emissions intensity within its industry?

In 2024, Kreate Group ranked 16 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Kreate Group's Total Carbon Footprint

In 2024, Kreate Group reported a total carbon footprint of 40,542 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 33.48% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Kreate Group's total carbon footprint was Scope 3 emissions, accounting for 90.04% of the company's total carbon footprint, followed by Scope 1 emissions at 9.37%.a

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