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Solteq Oyj

Common Name
Solteq
Country
Finland
Sector
Technology
Industry
Information Technology Services
Employees
401
Ticker
SOLTEQ
Exchange
NASDAQ HELSINKI LTD
Description
Solteq Oyj is a technology company that primarily focuses on providing comprehensive software solutions and IT services. Specializing in digital transformation, Solteq Oyj caters to various sectors in...

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)2024202320222021 - 2017
Total Scope 1
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a
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b
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c
0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Unspecified Calculation Method
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c
0000000
Total Scope 3
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a
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a
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=SOLTEQ&reporting_period=2024"

Verified 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.

a. Solteq's Sustainability Report 2024
a. Solteq's Sustainability Report 2024
b. Solteq's Annual Report 2023
b. Solteq's Annual Report 2023
c. Solteq's Annual Report 2022
c. Solteq's Annual Report 2022

Insights into Solteq's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSolteq amounted to108.2metric 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 Solteqdecreased 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

20222023202408162432tCO2e-22%-46%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 95.3 tCOâ‚‚e 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

202220232024055110165220tCO2e
  • 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 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 Solteq includes a breakdown across 3of 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

20222023202403507001.05 k1.4 ktCO2e-21%+75%
  • 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 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

Has Solteq reduced its Scope 3 emissions over time?

Since 2022, Solteq's Scope 3 emissionshave 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 tCOâ‚‚e(89.79%)
  • Business Travel (Cat. 6): 89.9 tCOâ‚‚e(7.47%)
  • Employee Commuting (Cat. 7): 32.9 tCOâ‚‚e(2.73%)

Solteq's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(2.7%)Purchased Goods andServices (Cat. 1)(89.8%)Business Travel(Cat. 6)(7.5%)

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

In 2024, Solteq reported Scope 1 greenhouse gas (GHG) emissions of 12.9 tCOâ‚‚e and total revenues of USD 53 millions. This translates into an emissions intensity of 0.24 tCOâ‚‚e per millions USD.a

Solteq's Scope 1 Emissions Intensity Compared to Peers

0.5102002,00050,000Scope 1 Emissions (tCO2e)1020010,000200,0005,000,000Revenues (Millions of USD)PCSKVakrangeeYear: 2023Scope 1: 27 tCO2eRevenue: $M 24Scope 1 Intensity: 1.11 tCO2e/$MDigiaYear: 2024Scope 1: 25 tCO2eRevenue: $M 214Scope 1 Intensity: 0.12 tCO2e/$MTietoevryYear: 2024Scope 1: 158 tCO2eRevenue: $M 2,915Scope 1 Intensity: 0.05 tCO2e/$MSiili SolutionsYear: 2024Scope 1: 17 tCO2eRevenue: $M 116Scope 1 Intensity: 0.14 tCO2e/$MPPPerformance TechnologiesYear: 2024Scope 1: 27 tCO2eRevenue: $M 77Scope 1 Intensity: 0.36 tCO2e/$MCCCtacYear: 2024Scope 1: 738 tCO2eRevenue: $M 129Scope 1 Intensity: 5.70 tCO2e/$MHCL TechnologiesYear: 2025Scope 1: 12,901 tCO2eRevenue: $M 13,700Scope 1 Intensity: 0.94 tCO2e/$MConduentYear: 2024Scope 1: 17,927 tCO2eRevenue: $M 3,356Scope 1 Intensity: 5.34 tCO2e/$MKontronYear: 2024Scope 1: 4,226 tCO2eRevenue: $M 1,753Scope 1 Intensity: 2.41 tCO2e/$MGoforeYear: 2024Scope 1: 55 tCO2eRevenue: $M 194Scope 1 Intensity: 0.28 tCO2e/$MSSSoftronicYear: 2022Scope 1: 0 tCO2eRevenue: $M 77Scope 1 Intensity: 0.01 tCO2e/$MFiservYear: 2023Scope 1: 22,146 tCO2eRevenue: $M 19,093Scope 1 Intensity: 1.16 tCO2e/$MJack Henry & AssociatesYear: 2024Scope 1: 7,793 tCO2eRevenue: $M 2,216Scope 1 Intensity: 3.52 tCO2e/$MKKK3 Business Technology GroupYear: 2024Scope 1: 52 tCO2eRevenue: $M 29Scope 1 Intensity: 1.76 tCO2e/$MWavestoneYear: 2025Scope 1: 556 tCO2eRevenue: $M 1,021Scope 1 Intensity: 0.54 tCO2e/$MWNS (Holdings)Year: 2024Scope 1: 2,737 tCO2eRevenue: $M 1,323Scope 1 Intensity: 2.07 tCO2e/$MInfosysYear: 2025Scope 1: 8,745 tCO2eRevenue: $M 1,681,731Scope 1 Intensity: 0.01 tCO2e/$MNeuronesYear: 2024Scope 1: 547 tCO2eRevenue: $M 843Scope 1 Intensity: 0.65 tCO2e/$MBouvetYear: 2024Scope 1: 1 tCO2eRevenue: $M 346Scope 1 Intensity: 0.00 tCO2e/$MAlkemyYear: 2024Scope 1: 217 tCO2eRevenue: $M 117Scope 1 Intensity: 1.86 tCO2e/$MAteaYear: 2024Scope 1: 3,317 tCO2eRevenue: $M 3,050Scope 1 Intensity: 1.09 tCO2e/$MAubayYear: 2024Scope 1: 413 tCO2eRevenue: $M 562Scope 1 Intensity: 0.73 tCO2e/$MSolteqYear: 2024Scope 1: 13 tCO2eRevenue: $M 53Scope 1 Intensity: 0.24 tCO2e/$M

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

In 2024, Solteq reported a Scope 1 emissions intensity of 0.24 tCOâ‚‚e 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 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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

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