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YIT Oyj

Common Name
YIT
Country
Finland
Sector
Industrials
Industry
Engineering & Construction
Employees
4,100
Ticker
YIT
Exchange
NASDAQ HELSINKI LTD
Website
www.yit.fi
Description
YIT Oyj is a Finnish company specializing in residential and infrastructure construction, property development, and urban construction services. Its primary purpose is to provide sustainable living an...

YIT's GHG Emissions Data Preview

In 2024, YIT 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).

YIT 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)2024202320222021 - 2017
Total Scope 1
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a
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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
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind YIT’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 YIT’s data sources below and access millions more through our Disclosure Search.

a. YIT's Annual Review 2024
a. YIT's Annual Review 2024

Insights into YIT's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofYIT amounted to25,200metric 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 YITdecreased by 14.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

YIT's Scope 1 Emissions Over Time

20192023202407 k14 k21 k28 ktCO2e-31%-6%
  • Total Scope 1
  • Year-over-Year Change

What are YIT's Scope 1 emissions?

In 2024, the total Scope 1 emissions of YIT were 18,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has YIT reduced its Scope 1 emissions over time?

Since 2019, YIT's Scope 1 emissions have decreased by 34.64%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), YIT's Scope 1 emissions decreased by 5.67%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are YIT's Scope 2 emissions?

In 2024, YIT reported Scope 2 greenhouse gas (GHG) emissions of 5,800 tCOâ‚‚e using the market-based method and 6,900 tCOâ‚‚e using the location-based method.a

Has YIT reduced its Scope 2 emissions over time?

Since 2019, YIT's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 75.18%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), YIT's Scope 2 emissions(Location-Based) fell by 31.68% 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 YIT use for Scope 2 reporting?

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

YIT's Scope 2 Emissions Over Time

20192023202409.5 k19 k28.5 k38 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into YIT's Value Chain Emissions

In 2024, YIT reported 883,700 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 YIT includes a breakdown across 5of 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

YIT's Scope 3 Emissions Over Time

2019202320240350 k700 k1.05 M1.4 MtCO2e-41%+13%
  • Total Scope 3
  • Year-over-Year Change

What are YIT's Scope 3 emissions?

In 2024, YIT reported total Scope 3 emissions of 883,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 35.28%of these emissions originated from upstream activities such as purchased goods and capital goods, while 64.72%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has YIT reduced its Scope 3 emissions over time?

Since 2019, YIT's Scope 3 emissionshave decreased by 32.55%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), YIT's Scope 3 emissions increased by 13.41%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does YIT disclose?

In 2024, YIT 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 YIT's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 571,900 tCOâ‚‚e(64.72%)
  • Purchased Goods and Services (Cat. 1): 285,700 tCOâ‚‚e(32.33%)
  • Upstream Transportation and Distribution (Cat. 4): 19,900 tCOâ‚‚e(2.25%)

YIT's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(2.3%)Purchased Goods andServices (Cat. 1)(32.3%)Use of Sold Products(Cat. 11)(64.7%)

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

In 2024, YIT reported Scope 1 greenhouse gas (GHG) emissions of 18,300 tCOâ‚‚e and total revenues of USD 1,894 millions. This translates into an emissions intensity of 9.66 tCOâ‚‚e per millions USD.a

YIT's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)ConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MValmetYear: 2024Scope 1: 20,395 tCO2eRevenue: $M 5,577Scope 1 Intensity: 3.66 tCO2e/$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: $M 101Scope 1 Intensity: 39.93 tCO2e/$MSRV YhtiotYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 675Scope 1 Intensity: 1.69 tCO2e/$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: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MKonecranes AbpYear: 2024Scope 1: 35,000 tCO2eRevenue: $M 4,394Scope 1 Intensity: 7.97 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$M

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

In 2024, YIT reported a Scope 1 emissions intensity of 9.66 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2024, YIT ranked 15 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into YIT's Total Carbon Footprint

In 2024, YIT reported a total carbon footprint of 908,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.39% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to YIT's total carbon footprint was Scope 3 emissions, accounting for 97.23% of the company's total carbon footprint, followed by Scope 1 emissions at 2.01%.a

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