The environmental impacts of business operations are taken into account
The Group’s wholly owned operating companies—A-Katsastus, Lehtipiste, Onni and Restel—and Tradeka’s administration have prepared climate roadmaps. The Group-level roadmap brings together the company-specific plans and assesses the impact of the measures through to 2050. The roadmaps are used to refine emissions-reduction measures and support decision-making.
Reduction targets have also been set for the carbon intensity of the investment operations’ equity and fixed-income portfolios. The aim is to build a portfolio that supports the goal of achieving global net-zero emissions by 2050. The interim target of halving the carbon intensity of listed equity and fixed-income investments from the 2020 level by 2027 was achieved as early as 2023.
The scope of the calculations improves each year
The first carbon footprint calculations for the 2019 base year were launched at Osuuskunta Tradeka and Restel in autumn 2020. The calculations have been repeated annually and have now been carried out several times in all Group companies.
In addition to carbon dioxide, the carbon footprint calculations include other significant greenhouse gases, such as methane and nitrous oxide. The Tradeka Group’s greenhouse gas emissions have been calculated in accordance with the GHG Protocol. Emissions from purchased energy have been calculated using both methods specified in the GHG Protocol reporting principles.
The 2025 carbon footprint calculations for the Tradeka Group subsidiaries were carried out mainly by UseLess Company Oy. The exceptions were Onni, whose carbon footprint calculation was designed and carried out internally, and Tradeka’s investment operations, whose investment-related emissions calculations were carried out by Suomen Sijoitustutkimus.
In 2025, the carbon footprint of the Tradeka Group’s own operations (Scope 1 and Scope 2) was 14,961 tCO2e on a market-based basis (2024: 14,764 tCO2e) and 8,974 tCO2e on a location-based basis (2024: 10,262 tCO2e). Some emissions factors were updated in the 2025 calculations. As a result, the carbon footprint for the 2024 comparison year was also updated to ensure comparability. The 2024 figures presented here therefore differ from those previously reported.
The carbon footprint of the Group’s own operations decreased year on year, particularly when calculated on a location-based basis, as the Group has invested in reducing emissions from its own operations. The Group’s carbon intensity—its carbon footprint relative to revenue—also decreased from the comparison year. The revenue used in the calculation includes the revenue of the associated company Suomen Sairaalalaitepalvelu Oy, although the company has not yet calculated its carbon footprint. In addition, approximately 10% of Restel’s restaurants, measured by revenue, were excluded from the calculation.
Scope 1 emissions consisted of the companies’ own heat production, direct emissions from vehicles controlled by the companies and refrigerant leaks from restaurant operations. Scope 2 emissions resulted from the production of purchased electricity and heat. The boundaries applied to Scope 3 calculations vary between subsidiaries. Sources of these emissions include purchased products and services, transport, employee business travel and investment activities.
The calculation of value-chain emissions involves uncertainties. This is partly because the manufacturers of purchased products and providers of services have not calculated the carbon footprints of their own products and services. The Tradeka Group subsidiaries have therefore identified a need to assess value-chain operators from a carbon-footprint perspective and engage in active dialogue to find lower-emission solutions.
Examples of emissions-reduction measures in the company-specific roadmaps
Restel’s largest source of emissions is the procurement of ingredients for its restaurant operations. The company’s roadmap identifies the following key measures: increasing plant-based options, reducing food waste, replacing refrigerants and transitioning to lower-emission energy.
Lehtipiste’s largest source of emissions is transport. The company’s roadmap identifies measures including changing the fuels used in line-haul and distribution transport, improving transport efficiency, making lower-impact material choices for purchased products and packaging, and reducing waste from returned products.
Onni’s main sources of emissions are vehicles and energy use in its premises. The company’s roadmap includes replacing operational vehicles and company cars with electric and hybrid vehicles when their leasing agreements expire, transitioning to lower-emission ambulances as technology and infrastructure develop, considering green electricity and heat in new agreements, and reducing the carbon footprint of procurement.
The most significant sources of emissions from A-Katsastus’s own operations are related to energy use in its premises. The company’s roadmap identifies measures including changing heating systems, installing LED lighting, air-source heat pumps and air curtains, and taking climate criteria into account when making decisions on leased properties.
Tradeka’s investment operations monitor the weighted carbon intensity of their listed equity and fixed-income investments and have set reduction targets for this indicator. The 2025 results, calculation baselines and scope of monitoring are described in the Annual and Sustainability Report.