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SRV Yhtiot Oyj

Common Name
SRV Yhtiot
Country
Finland
Sector
Industrials
Industry
Engineering & Construction
Employees
818
Ticker
SRV1V
Exchange
NASDAQ HELSINKI LTD
Website
www.srv.fi
Description
SRV Group Oyj is a Finnish construction company that plays a vital role in the real estate and infrastructure sectors. Primarily focused on building construction, the company is renowned for its innov...

SRV Yhtiot's GHG Emissions Data Preview

In 2023, SRV Yhtiot 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).

SRV Yhtiot has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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a
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a
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind SRV Yhtiot’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 SRV Yhtiot’s data sources below and access millions more through our Disclosure Search.

a. SRV Yhtiot's Annual Report 2023
a. SRV Yhtiot's Annual Report 2023

Insights into SRV Yhtiot's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofSRV Yhtiot amounted to2,786metric 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 2022, the total operational greenhouse gas (GHG) emissions of SRV Yhtiotdecreased by 32.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

SRV Yhtiot's Scope 1 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e-64%-53%
  • Total Scope 1
  • Year-over-Year Change

What are SRV Yhtiot's Scope 1 emissions?

In 2023, the total Scope 1 emissions of SRV Yhtiot were 1,138 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has SRV Yhtiot reduced its Scope 1 emissions over time?

Since 2021, SRV Yhtiot's Scope 1 emissions have decreased by 83.11%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2022), SRV Yhtiot's Scope 1 emissions decreased by 52.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are SRV Yhtiot's Scope 2 emissions?

In 2023, SRV Yhtiot reported Scope 2 greenhouse gas (GHG) emissions of 636 tCOâ‚‚e using the market-based method and 1,648 tCOâ‚‚e using the location-based method.a

What methodology does SRV Yhtiot use for Scope 2 reporting?

In 2023, SRV Yhtiot reported its Scope 2 emissions using the market-based method and using the location-based method.a

SRV Yhtiot's Scope 2 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SRV Yhtiot's Value Chain Emissions

In 2023, SRV Yhtiot reported 424,721 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 2023 disclosure of SRV Yhtiot includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

SRV Yhtiot's Scope 3 Emissions Over Time

20230150 k300 k450 k600 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are SRV Yhtiot's Scope 3 emissions?

In 2023, SRV Yhtiot reported total Scope 3 emissions of 424,721 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 78.6%of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.4%came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does SRV Yhtiot disclose?

In 2023, SRV Yhtiot reported emissions for 5 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 SRV Yhtiot's Scope 3 emissions?

In 2023, the largest contributors to SRV Yhtiot's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 331,987 tCOâ‚‚e(78.17%)
  • Use of Sold Products (Cat. 11): 90,870 tCOâ‚‚e(21.4%)
  • Fuel- and Energy-Related Services (Cat. 3): 822 tCOâ‚‚e(0.19%)

SRV Yhtiot's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(78.2%)Use of Sold Products(Cat. 11)(21.4%)

Insights into SRV Yhtiot’s GHG Emissions Intensity Compared to Industry Peers

In 2023, SRV Yhtiot reported Scope 1 greenhouse gas (GHG) emissions of 1,138 tCOâ‚‚e and total revenues of USD 675 millions. This translates into an emissions intensity of 1.69 tCOâ‚‚e per millions USD.a

SRV Yhtiot'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: $M 781Scope 1 Intensity: 4.48 tCO2e/$MKreate GroupYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 287Scope 1 Intensity: 13.25 tCO2e/$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: $M 101Scope 1 Intensity: 39.93 tCO2e/$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: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MSRV YhtiotYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 675Scope 1 Intensity: 1.69 tCO2e/$M

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

In 2023, SRV Yhtiot reported a Scope 1 emissions intensity of 1.69 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.97, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SRV Yhtiot rank on GHG emissions intensity within its industry?

In 2023, SRV Yhtiot ranked 4 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places SRV Yhtiot among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into SRV Yhtiot's Total Carbon Footprint

In 2023, SRV Yhtiot reported a total carbon footprint of 427,507 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10,283.94% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to SRV Yhtiot's total carbon footprint was Scope 3 emissions, accounting for 99.35% of the company's total carbon footprint, followed by Scope 2 emissions at 0.39%.a

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