Solteq Oyj
Solteq's GHG Emissions Data Preview
In 2024, Solteq 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).
Solteq has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature.  c | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  c | 0000000 |
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aVerified Sources Behind Solteq’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 Solteq’s data sources below and access millions more through our Disclosure Search.
Insights into Solteq's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Solteq amounted to 108.2 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 Solteq decreased by 45.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Solteq's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Solteq's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Solteq were 12.9 metric tons of CO₂ equivalent (tCO₂e).a
Has Solteq reduced its Scope 1 emissions over time?
Since 2022, Solteq's Scope 1 emissions have decreased by 57.34%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Solteq's Scope 1 emissions decreased by 45.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Solteq's Scope 2 emissions?
In 2024, Solteq reported Scope 2 greenhouse gas (GHG) emissions of 67.2 tCO₂e using the market-based method and 95.3 tCO₂e using the location-based method.a
Has Solteq reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Solteq's Scope 2 emissions (Location-Based) fell by 45.61% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Solteq use for Scope 2 reporting?
In 2024, Solteq reported its Scope 2 emissions using the market-based method and using the location-based method.a
Solteq's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Solteq's Value Chain Emissions
In 2024, Solteq reported 1,203.3 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 Solteq includes a breakdown across 3 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
Solteq's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Solteq's Scope 3 emissions?
In 2024, Solteq reported total Scope 3 emissions of 1,203.3 metric tons of CO₂ equivalent (tCO₂e).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
Has Solteq reduced its Scope 3 emissions over time?
Since 2022, Solteq's Scope 3 emissions have increased by 38.45%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Solteq's Scope 3 emissions increased by 74.62%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Solteq disclose?
In 2024, Solteq reported emissions for 3 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 Solteq's Scope 3 emissions?
In 2024, the largest contributors to Solteq's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 1,080.5 tCO₂e (89.79%)
- Business Travel (Cat. 6): 89.9 tCO₂e (7.47%)
- Employee Commuting (Cat. 7): 32.9 tCO₂e (2.73%)
Solteq's Scope 3 Emissions by Categories
Insights into Solteq’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Solteq reported Scope 1 greenhouse gas (GHG) emissions of 12.9 tCO₂e and total revenues of USD 53 millions. This translates into an emissions intensity of 0.24 tCO₂e per millions USD.a
Solteq's Scope 1 Emissions Intensity Compared to Peers
How does Solteq's GHG emissions intensity compare to its peers?
In 2024, Solteq reported a Scope 1 emissions intensity of 0.24 tCO₂e per millions USD. Compared to the peer group median of 0.84, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Solteq rank on GHG emissions intensity within its industry?
In 2024, Solteq ranked 7 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Solteq is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Solteq's Total Carbon Footprint
In 2024, Solteq reported a total carbon footprint of 1,311.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 47.69% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Solteq's total carbon footprint was Scope 3 emissions, accounting for 91.75% of the company's total carbon footprint, followed by Scope 2 emissions at 7.27%.a