Olvi Oyj

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Olvi Oyj disclosed greenhouse gas emissions of 422.5K t CO2e (2022); 2023 data not yet available. By scope: Scope 1: 3% of total emissions (2022); Scope 2: 4% of total emissions (2022); Scope 3: 93% of total emissions (2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
422.5K t CO2e (2022); 2023 data not yet available
2023
⚡
Renewable Energy
46% of total energy use (2023)
of total energy
💧
Water Usage
2.8 litres per litre of finished product (2023)
2023
♻️
Waste
Mixed waste 365,596 tons (2023)
2023
⚙️
Energy Use
Electricity consumption increased by 1.7% due to volume growth, but electricity consumption was 0.081 kWh per litre produced (same as 2022).
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3% of total emissions (2022)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4% of total emissions (2022)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).93% of total emissions (2022)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Impactful stakeholder work with each stakeholder group by 2025.
  • Measures to promote a responsible drinking culture in each product category by 2025.
  • 100% of employees confirm their commitment on compliance with the Code of Conduct annually and renews the training every two years by 2024.
  • 100% of indirect suppliers are committed to the Code of Conduct by 2025.
  • Reduce water consumption to less than 2.5 litres per litre produced by 2030.

📅 Medium-term

  • Carbon-neutral production (Scope 1 & 2) by 2030.
  • Reduce the value chain’s CO2e total emissions by 40% vs. 2021 (Scope 3) by 2030.
  • 100% green electricity and 100% renewable energy by 2030.
  • Sustainable product concepts for 100% of the product portfolio by 2030.
  • Zero accidents and accident-related absences by 2030.

🔭 Long-term

  • Carbon-neutral value chain by 2040.

🌱 ESG Focus Areas

EnvironmentPeopleProducts

⚠️ Challenges & Risks +

  • Geopolitical situation (war in Ukraine) impacted energy market, security, human rights, and supply chain operations.
  • Increase in prices of packaging materials, barley malt, sugar, and carbon dioxide.
  • Uncertainty in prices and availability of raw materials due to war and climate change.
  • Considerable fluctuations in energy prices and high logistics costs.
  • Rapid rise in consumer prices reduced consumers’ purchasing power.
  • Uncertainty related to Belarusian business operations due to weakening exchange rate, unpredictable operating environment, local legislation, trade sanctions, and financial transactions with Western countries.
  • Increased cybersecurity threats.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI