Olvi Oyj

Common Name
Olvi
Country
Finland
Sector
Consumer Defensive
Industry
Beverages - Brewers
Employees
2,499
Ticker
OLVAS
Exchange
NASDAQ HELSINKI LTD
Description
Olvi Oyj, a Finnish beverage company, is renowned for its diverse portfolio of alcoholic and non-alcoholic beverages. Founded in 1878, the company has established itself as a leading producer within t...

Olvi's GHG Emissions Data Preview

In 2024, Olvi 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).

Olvi 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)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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b
0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Olvi’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 Olvi’s data sources below and access millions more through our Disclosure Search.

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

Insights into Olvi's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Olvi amounted to 38,634 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 Olvi decreased by 2.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Olvi's Scope 1 Emissions Over Time

202120222023202403.5 k7 k10.5 k14 ktCO2e+2%-10%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Olvi's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Olvi were 11,460 metric tons of CO₂ equivalent (tCO₂e). a

Has Olvi reduced its Scope 1 emissions over time?

Since 2021, Olvi's Scope 1 emissions have decreased by 8.1%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Olvi's Scope 1 emissions remained relatively stable, indicating that Olvi's emissions have plateaued with no significant change in its operational footprint. a

What are Olvi's Scope 2 emissions?

In 2024, Olvi reported Scope 2 greenhouse gas (GHG) emissions of 12,726 tCO₂e using the market-based method and 27,174 tCO₂e using the location-based method. a

Has Olvi reduced its Scope 2 emissions over time?

Since 2021, Olvi's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Olvi 's emissions have plateaued with no significant change in its energy consumption footprint. a

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

What methodology does Olvi use for Scope 2 reporting?

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

Olvi's Scope 2 Emissions Over Time

202120222023202407.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Olvi's Value Chain Emissions

In 2024, Olvi reported 398,380 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 Olvi includes a breakdown across 9 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

Olvi's Scope 3 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e+1%+2%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Olvi's Scope 3 emissions?

In 2024, Olvi reported total Scope 3 emissions of 398,380 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 95.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.48% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Olvi reduced its Scope 3 emissions over time?

Since 2021, Olvi's Scope 3 emissions have remained relatively stable, indicating that Olvi 's emissions have plateaued with no significant change in its value chain footprint. a

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

What categories of Scope 3 emissions does Olvi disclose?

In 2024, Olvi 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 Olvi's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 321,002 tCO₂e (80.58%)
  • Upstream Transportation and Distribution (Cat. 4): 26,825 tCO₂e (6.73%)
  • Downstream Transportation and Distribution (Cat. 9): 20,104 tCO₂e (5.05%)

Olvi's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(80.6%)UpstreamTransportation andDistribution(Cat. 4)(6.7%)DownstreamTransportation andDistribution(Cat. 9)(5.0%)

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

In 2024, Olvi reported Scope 1 greenhouse gas (GHG) emissions of 11,460 tCO₂e and total revenues of USD 684 millions. This translates into an emissions intensity of 16.76 tCO₂e per millions USD. a

Olvi's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00010,000,000Scope 1 Emissions (tCO2e)505002,00020,000200,000Revenues (Millions of USD)Asahi Group HoldingsYear: 2024Scope 1: 463,000 tCO2eRevenue: $M 18,723Scope 1 Intensity: 24.73 tCO2e/$MApetitYear: 2023Scope 1: 4,229 tCO2eRevenue: $M 194Scope 1 Intensity: 21.77 tCO2e/$MBoston BeerYear: 2023Scope 1: 47,613 tCO2eRevenue: $M 2,009Scope 1 Intensity: 23.70 tCO2e/$MCarlsbergYear: 2024Scope 1: 331,000 tCO2eRevenue: $M 10,454Scope 1 Intensity: 31.66 tCO2e/$MKirin HoldingsYear: 2024Scope 1: 392,258 tCO2eRevenue: $M 14,895Scope 1 Intensity: 26.34 tCO2e/$MBudweiser Brewing APACYear: 2024Scope 1: 89,745 tCO2eRevenue: $M 48,719Scope 1 Intensity: 1.84 tCO2e/$MRaisioYear: 2023Scope 1: 50 tCO2eRevenue: $M 243Scope 1 Intensity: 0.21 tCO2e/$MRoyal UnibrewYear: 2024Scope 1: 34,524 tCO2eRevenue: $M 2,096Scope 1 Intensity: 16.48 tCO2e/$MHeineken MalaysiaYear: 2023Scope 1: 6,375 tCO2eRevenue: $M 574Scope 1 Intensity: 11.11 tCO2e/$MSichuan SwellfunYear: 2023Scope 1: 24,095 tCO2eRevenue: $M 697Scope 1 Intensity: 34.57 tCO2e/$MConstellation BrandsYear: 2025Scope 1: 303,607 tCO2eRevenue: $M 10,209Scope 1 Intensity: 29.74 tCO2e/$MMolson Coors BeverageYear: 2024Scope 1: 525,506 tCO2eRevenue: $M 11,627Scope 1 Intensity: 45.20 tCO2e/$MChongqing BreweryYear: 2023Scope 1: 83,733 tCO2eRevenue: $M 2,085Scope 1 Intensity: 40.17 tCO2e/$MCompania Cervecerias UnidasYear: 2024Scope 1: 21,765 tCO2eRevenue: $M 2,923Scope 1 Intensity: 7.45 tCO2e/$MHeinekenYear: 2024Scope 1: 974,000 tCO2eRevenue: $M 31,032Scope 1 Intensity: 31.39 tCO2e/$MChina Resources Beer HoldingsYear: 2024Scope 1: 167,000 tCO2eRevenue: $M 5,763Scope 1 Intensity: 28.98 tCO2e/$MCarlsberg Brewery MalaysiaYear: 2023Scope 1: 4,346 tCO2eRevenue: $M 492Scope 1 Intensity: 8.83 tCO2e/$MTsingtao BreweryYear: 2024Scope 1: 190,388 tCO2eRevenue: $M 4,404Scope 1 Intensity: 43.23 tCO2e/$MAmbevYear: 2024Scope 1: 483,000 tCO2eRevenue: $M 14,479Scope 1 Intensity: 33.36 tCO2e/$MAnheuser-Busch InbevYear: 2024Scope 1: 2,490,000 tCO2eRevenue: $M 51,066Scope 1 Intensity: 48.76 tCO2e/$MHarboes BryggeriYear: 2025Scope 1: 12,453 tCO2eRevenue: $M 277Scope 1 Intensity: 45.01 tCO2e/$MFomento Economico MexicanoYear: 2024Scope 1: 1,003,012 tCO2eRevenue: $M 37,705Scope 1 Intensity: 26.60 tCO2e/$MTakara HoldingsYear: 2022Scope 1: 68,999 tCO2eRevenue: $M 2,466Scope 1 Intensity: 27.98 tCO2e/$MUnited BreweriesYear: 2025Scope 1: 5,390 tCO2eRevenue: $M 1,006Scope 1 Intensity: 5.36 tCO2e/$MOlviYear: 2024Scope 1: 11,460 tCO2eRevenue: $M 684Scope 1 Intensity: 16.76 tCO2e/$M

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

In 2024, Olvi reported a Scope 1 emissions intensity of 16.76 tCO₂e per millions USD. Compared to the peer group median of 27.29 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, Olvi ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Olvi's Total Carbon Footprint

In 2024, Olvi reported a total carbon footprint of 437,014 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.39% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Olvi's total carbon footprint was Scope 3 emissions, accounting for 91.16% of the company's total carbon footprint, followed by Scope 2 emissions at 6.22%. a

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