- Lower than expected production volumes in the second half of 2023 due to modest customer order books and optimized stock levels
- Decreased factory utilization rates negatively impacting production efficiency and profitability
- Industry-specific wage agreements, prolonged scheduled maintenance, and ramp-up of new high-volume products impacting profitability
- Challenges with quality in Karkkila foundry leading to greater energy use
- Financing company responsible for factoring services had repeated delays in payments
- Average market prices of electricity remained at a fairly high level with high daily and hourly price fluctuations
- Geopolitical situation causing uncertainties in raw material availability
- Global challenges with component availability for customers potentially leading to production disruptions
Componenta Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Componenta Corporation disclosed greenhouse gas emissions of 9.2K t CO2e/year (Scope 1 & 2). By scope: Scope 1: 1.7K tCO2e/year; Scope 2: 7.5K tCO2e/year. 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
9.2K t CO2e/year (Scope 1 & 2)
2023
Renewable Energy
23% of total energy use
of total energy
Waste
22.2K tons/year
2023
Energy Use
77.5 GWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 9.2K t CO2e/year (Scope 1 & 2) |
| 2022 | 9.4K tCO2e/year (Scope 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased heat recovery in Karkkila
- Improved energy efficiency through service provider
- Developed new recycled scrap varieties to reduce pig iron use
- Ramping up raw material supply chains from local markets to shorten logistics
- Forge improved production efficiency and reduced heat loss through furnace modernization
- Acquired an energy-efficient pipe cutting line for the tube service unit
- Total energy consumption decreased by 4.1%
🌱 ESG Focus Areas
SustainabilityPersonnelOperational renewalInorganic growth