GlobalData offers a comprehensive analysis of Tokmanni Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Tokmanni Group‘s ESG performance. GlobalData’s company profile on Tokmanni Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Tokmanni Group, Finland's leading variety discount retailer, is committed to reducing its GHG emissions as part of its sustainability efforts. The company aims to achieve a 70% reduction in absolute Scope 1 and 2 emissions by 2025 (base year 2015). By the end of 2022, the company's own operations emissions decreased by 78% in comparison to the 2015 baseline, surpassing the targeted reduction of 70% set for 2025.
In 2022, there was a notable decrease of approximately 21.9% in location-based emissions from Tokmanni Group's properties, contrasting with the previous year's increase of 8.4%, while its market-based emissions decreased by 40.6% in 2022, compared to previous year's increase of 21.2%. The company acquired carbon-free energy certificates, covering 100% of the electricity consumed, which amounted to 25,000 MWh (compared to 100% renewable in 2021 totaling 66,022 MWh). Tokmanni Group reported Scope 1 emissions of 803 tCO2, Scope 2 market-based & location-based emissions of 3,308 & 12,989 tCO2 respectively, and Scope 3 emissions of 892,248 tCO2.
The company has been working towards reducing its GHG emissions systematically. The company's waste diversion efforts are part of its commitment to a circular economy, which indicates a focus on reducing waste-related impacts. Tokmanni Group has taken steps to reduce its emissions and has implemented science-based targets to guide its emission reduction efforts. It has also made investments in renewable fuel sources, such as biofuels, to reduce its reliance on non-renewable sources like oil and gas. Additionally, Tokmanni Group has been working towards waste diversion through recovery, recycling, and reuse methods.
In conclusion, Tokmanni Group is committed to reducing its GHG emissions and has implemented science-based targets to lower its carbon footprint. The company has made investments in renewable fuel sources and is working towards waste diversion through circular economy practices. Tokmanni Group's efforts demonstrate its commitment to sustainability and addressing climate change.
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