Suominen Oyj

Common Name
Suominen
Country
Finland
Sector
Consumer Defensive
Industry
Household & Personal Products
Employees
722
Ticker
SUY1V
Exchange
NASDAQ HELSINKI LTD
Description
Suominen Oyj is a prominent manufacturer and supplier in the nonwoven fabrics industry. Aimed primarily at crafting high-quality materials for wipes, medical applications, and hygiene products, Suomin...

Suominen's GHG Emissions Data Preview

In 2023, Suominen 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).

Suominen has also provided a category-level breakdown for 11 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Suominen's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Suominen amounted to 116,177 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Suominen increased by 1.28%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Suominen's Scope 1 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e-5%-1%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Suominen's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Suominen were 44,495 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Suominen reduced its Scope 1 emissions over time?

Since 2020, Suominen's Scope 1 emissions have decreased by 2.05%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Suominen's Scope 1 emissions increased by 4.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Suominen's Scope 2 emissions?

In 2023, Suominen reported Scope 2 greenhouse gas (GHG) emissions of 55,314 tCOâ‚‚e using the market-based method, and 71,682 tCOâ‚‚e using the location-based method.

Has Suominen reduced its Scope 2 emissions over time?

Since 2020, Suominen's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 15.48%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Suominen's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Suominen 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Suominen use for Scope 2 reporting?

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

Suominen's Scope 2 Emissions Over Time

2020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Suominen's Value Chain Emissions

In 2023, Suominen reported 493,342 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Suominen includes a breakdown across 11 of 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 chain

Suominen's Scope 3 Emissions Over Time

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

What are Suominen's Scope 3 emissions?

In 2023, Suominen reported total Scope 3 emissions of 493,342 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 88.27% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.73% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Suominen disclose?

In 2023, Suominen reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Suominen's Scope 3 emissions?

In 2023, the largest contributors to Suominen's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 364,674 tCOâ‚‚e (73.92%)
  • Upstream Transportation and Distribution (Cat. 4): 34,023 tCOâ‚‚e (6.9%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 33,446 tCOâ‚‚e (6.78%)

Suominen's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(6.9%)End-of-LifeTreatment of SoldProducts (Cat. 12)(6.8%)Purchased Goods andServices (Cat. 1)(73.9%)

Insights into Suominen's Total Carbon Footprint

In 2023, Suominen reported a total carbon footprint of 609,519 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 431.34% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Suominen's total carbon footprint was Scope 3 emissions, accounting for 80.94% of the company's total carbon footprint, followed by Scope 2 emissions at 11.76%.

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