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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 18,300a | 19,400a | N/A | |
Total Scope 2 | ||||
Market-Based | 5,800a | 7,800a | N/A | |
Location-Based | 6,900a | 10,100a | N/A | |
Total Scope 3 | 883,700a | 779,200a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 9.6625a | 8.1034a | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of YIT amounted to 25,200 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 YIT decreased by 14.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of YIT were 18,300 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, YIT reported Scope 2 greenhouse gas (GHG) emissions of 5,800 tCO₂e using the market-based method and 6,900 tCO₂e using the location-based method.a
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
In 2024, YIT reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, YIT reported 883,700 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 YIT includes a breakdown across 5 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
In 2024, YIT reported total Scope 3 emissions of 883,700 metric tons of CO₂ equivalent (tCO₂e).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
Since 2019, YIT's Scope 3 emissions have 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
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.
In 2024, the largest contributors to YIT's Scope 3 emissions were:a
In 2024, YIT reported Scope 1 greenhouse gas (GHG) emissions of 18,300 tCO₂e and total revenues of USD 1,894 millions. This translates into an emissions intensity of 9.66 tCO₂e per millions USD.a
In 2024, YIT reported a Scope 1 emissions intensity of 9.66 tCO₂e per millions USD. Compared to the peer group median of 6, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, YIT ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, YIT reported a total carbon footprint of 908,900 metric tons of CO₂ equivalent (tCO₂e) 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