Sanoma Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2020, 2013

In its 2022 reporting, Sanoma Corporation disclosed greenhouse gas emissions of 157.1K tCO2e/year. By scope: Scope 1: 3.8K tCO2e/year; Scope 2: 4.5K tCO2e/year; Scope 3: 148.7K 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
157.1K tCO2e/year
2022
⚡
Renewable Energy
57%
of total energy
💧
Water Usage
14.4K m3/year
2022
♻️
Waste
5.4K tons/year
2022
⚙️
Energy Use
43 GWh/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).148.7K 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 periodHeadline emissions figure reported
2022157.1K tCO2e/year
202099.3K tCO2e/year

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

🔜 Short-term

  • Carbon neutral electricity by end of 2023
  • All wood fibre in paper qualities used by Sanoma originates from trusted certified sources by end of 2023

📅 Medium-term

  • Reduce Scope 1 and 2 own operations GHG emissions 4.2% annually until 2030 (38% in total)
  • Reduce Scope 3 value chain GHG emissions 4.2% annually until 2030 (38% in total)
  • Achieve 50/50 gender balance in managerial positions by 2030
  • Achieve eNPS score above 10 by 2025

🔭 Long-term

  • Carbon neutral across value chain by 2030
  • Group net sales over 2bn€ by 2030, at least 75% from Learning

🌱 ESG Focus Areas

Inclusive learningSustainable mediaValued peopleTrustworthy dataVital environmentResponsible business practices

⚠️ Challenges & Risks +

  • Higher energy costs and increased paper and distribution costs due to the war in Ukraine
  • Inflationary cost increases impacting earnings
  • Volatile advertising demand in uncertain economic times
  • Data breaches
  • Maintaining a sufficient level of liquidity
  • Interest rate risks
  • Currency risks
  • Credit risks
  • Risk of impairment of goodwill, immaterial rights and other intangible assets
  • Seasonal fluctuation

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards, SASB Standards, TCFD guidelines, UN Global Compact
Assurance: PricewaterhouseCoopers Oy