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Sanoma Oyj

Common Name
Sanoma
Country
Finland
Sector
Consumer Defensive
Industry
Education & Training Services
Employees
4,544
Ticker
SANOMA
Exchange
NASDAQ HELSINKI LTD
Description
Sanoma Oyj is a Finland-based media and learning company that operates in multiple countries across Europe. It primarily focuses on providing educational solutions for schools through a wide array of ...

Sanoma's GHG Emissions Data Preview

In 2024, Sanoma 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).

Sanoma has also provided a category-level breakdown for 10 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
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b
0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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b
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b
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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b
0000000
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Verified Sources Behind Sanoma’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 Sanoma’s data sources below and access millions more through our Disclosure Search.

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

Insights into Sanoma's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSanoma amounted to7,784metric 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 Sanomadecreased by 11.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Sanoma's Scope 1 Emissions Over Time

202120222023202401 k2 k3 k4 ktCO2e+4%-1%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Sanoma's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sanoma were 3,917 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Sanoma reduced its Scope 1 emissions over time?

Since 2021, Sanoma's Scope 1 emissions have increased by 7.08%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Sanoma's Scope 1 emissions increased by 3.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Sanoma's Scope 2 emissions?

In 2024, Sanoma reported Scope 2 greenhouse gas (GHG) emissions of 1,121 tCOâ‚‚e using the market-based method and 3,867 tCOâ‚‚e using the location-based method.a

Has Sanoma reduced its Scope 2 emissions over time?

Since 2021, Sanoma's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 54.76%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Sanoma's Scope 2 emissions(Location-Based) fell by 23.27% 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 Sanoma use for Scope 2 reporting?

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

Sanoma's Scope 2 Emissions Over Time

202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sanoma's Value Chain Emissions

In 2024, Sanoma reported 96,773 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 Sanoma includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,down from 10 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Sanoma's Scope 3 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e-2%-25%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Sanoma's Scope 3 emissions?

In 2024, Sanoma reported total Scope 3 emissions of 96,773 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 92.39%of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.61%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Sanoma reduced its Scope 3 emissions over time?

Since 2021, Sanoma's Scope 3 emissionshave decreased by 30.61%, reflecting a declining long-term trend in Scope 3 emissions over time.a

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

What categories of Scope 3 emissions does Sanoma disclose?

In 2024, Sanoma 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 Sanoma's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 57,953 tCOâ‚‚e(61.92%)
  • Upstream Transportation and Distribution (Cat. 4): 16,188 tCOâ‚‚e(17.3%)
  • Use of Sold Products (Cat. 11): 6,662 tCOâ‚‚e(7.12%)

Sanoma's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(61.9%)UpstreamTransportation andDistribution(Cat. 4)(17.3%)Use of Sold Products(Cat. 11)(7.1%)

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

In 2024, Sanoma reported Scope 1 greenhouse gas (GHG) emissions of 3,917 tCOâ‚‚e and total revenues of USD 1,399 millions. This translates into an emissions intensity of 2.8 tCOâ‚‚e per millions USD.a

Sanoma's Scope 1 Emissions Intensity Compared to Peers

2501,00020,000500,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)CENKXSCCChina Education GroupYear: 2023Scope 1: 8,333 tCO2eRevenue: $M 859Scope 1 Intensity: 9.70 tCO2e/$MLegrand SAYear: 2024Scope 1: 45,349 tCO2eRevenue: $M 9,000Scope 1 Intensity: 5.04 tCO2e/$MApetitYear: 2023Scope 1: 4,229 tCO2eRevenue: $M 194Scope 1 Intensity: 21.77 tCO2e/$MTokmanni GroupYear: 2024Scope 1: 1,828 tCO2eRevenue: $M 1,743Scope 1 Intensity: 1.05 tCO2e/$MRaisioYear: 2023Scope 1: 50 tCO2eRevenue: $M 243Scope 1 Intensity: 0.21 tCO2e/$MWilmingtonYear: 2024Scope 1: 7 tCO2eRevenue: $M 124Scope 1 Intensity: 0.06 tCO2e/$MAnora GroupYear: 2024Scope 1: 1,528 tCO2eRevenue: $M 720Scope 1 Intensity: 2.12 tCO2e/$MCogna EducacaoYear: 2023Scope 1: 4,769 tCO2eRevenue: $M 1,199Scope 1 Intensity: 3.98 tCO2e/$MCurro HoldingsYear: 2022Scope 1: 3,286 tCO2eRevenue: $M 243Scope 1 Intensity: 13.53 tCO2e/$MAtriaYear: 2024Scope 1: 9,630 tCO2eRevenue: $M 1,827Scope 1 Intensity: 5.27 tCO2e/$MEEEdvantage Group HoldingsYear: 2023Scope 1: 293 tCO2eRevenue: $M 300Scope 1 Intensity: 0.98 tCO2e/$MNNNew Oriental Education & Technology GroupYear: 2025Scope 1: 2,351 tCO2eRevenue: $M 4,900Scope 1 Intensity: 0.48 tCO2e/$MChina New Higher Education GroupYear: 2023Scope 1: 3,554 tCO2eRevenue: $M 324Scope 1 Intensity: 10.99 tCO2e/$MZain KSAYear: 2023Scope 1: 155,288 tCO2eRevenue: $M 203Scope 1 Intensity: 763.77 tCO2e/$MAfyaYear: 2023Scope 1: 3,192 tCO2eRevenue: $M 593Scope 1 Intensity: 5.38 tCO2e/$MAdtalem Global EducationYear: 2024Scope 1: 434 tCO2eRevenue: $M 1,585Scope 1 Intensity: 0.27 tCO2e/$MOlviYear: 2024Scope 1: 11,460 tCO2eRevenue: $M 684Scope 1 Intensity: 16.76 tCO2e/$MTAL Education GroupYear: 2024Scope 1: 428 tCO2eRevenue: $M 1,491Scope 1 Intensity: 0.29 tCO2e/$MKKKindercare Learning CompaniesYear: 2024Scope 1: 23,492 tCO2eRevenue: $M 2,663Scope 1 Intensity: 8.82 tCO2e/$MXXXJ International HoldingsYear: 2023Scope 1: 352 tCO2eRevenue: $M 545Scope 1 Intensity: 0.65 tCO2e/$MChina East Education HoldingsYear: 2023Scope 1: 10,744 tCO2eRevenue: $M 612Scope 1 Intensity: 17.55 tCO2e/$MSSSkillsoftYear: 2024Scope 1: 423 tCO2eRevenue: $M 531Scope 1 Intensity: 0.80 tCO2e/$MAcadeMediaYear: 2025Scope 1: 382 tCO2eRevenue: $M 1,975Scope 1 Intensity: 0.19 tCO2e/$MIDP EducationYear: 2024Scope 1: 4 tCO2eRevenue: $M 690Scope 1 Intensity: 0.01 tCO2e/$MSanomaYear: 2024Scope 1: 3,917 tCO2eRevenue: $M 1,399Scope 1 Intensity: 2.80 tCO2e/$M

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

In 2024, Sanoma reported a Scope 1 emissions intensity of 2.8 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.05, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Sanoma ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Sanoma's Total Carbon Footprint

In 2024, Sanoma reported a total carbon footprint of 104,557 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.27% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Sanoma's total carbon footprint was Scope 3 emissions, accounting for 92.56% of the company's total carbon footprint, followed by Scope 1 emissions at 3.75%.a

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