Nevel Oy

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Nevel Oy disclosed greenhouse gas emissions of 160.5K tCO2e/year. By scope: Scope 1: 160.5K tCO2e/year; Scope 2: 17.5K tCO2e/year (market-based). 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
160.5K tCO2e/year
2023
⚡
Renewable Energy
83% (2021), 72% biofuel in 2023
of total energy
💧
Water Usage
1.0M m3/year (approx)
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).160.5K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.17.5K tCO2e/year (market-based)

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

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023160.5K tCO2e/year
2022128.1K tCO2e (Scope 1)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Scope 1 carbon neutrality in Real Estate solutions by 2030
  • Transforming and decarbonising industrial customers’ energy value chains by 2035 (Finland) and 2045 (Sweden)

🔭 Long-term

  • Carbon-neutral energy production across businesses

🌱 ESG Focus Areas

Climate changeHealth and safetyEnvironmental complianceSustainable supply chain

⚠️ Challenges & Risks +

  • Energy crisis significantly impacted the availability and cost of biofuel.
  • Increased need to use peat as an energy source.
  • Slowdown in industries like the forest sector impacted the availability of forest residuals.
  • Total Scope 1 emissions intensity per unit of sold energy increased from 81 to 88 g CO2e/kWh.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI