Veikkaus Oy

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Veikkaus Oy disclosed greenhouse gas emissions of 2.3K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 281 tCO2e/year; Scope 2: 2.0K tCO2e/year (market-based) 1420 tCO2e/year (location-based); Scope 3: 42.4K 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.

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GHG Emissions
2.3K tCO2e/year (Scope 1 & 2)
2023
⚙️
Energy Use
8.7K MWh/year (electricity) 6679 MWh/year (heat)
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).281 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.0K tCO2e/year (market-based) 1420 tCO2e/year (location-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).42.4K 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
20232.3K tCO2e/year (Scope 1 & 2)
202214.3K tCO2e (market-based)

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

  • Full identification for all games (including scratchcards) by 2024.
  • Further enhance safer gambling using data and AI in 2024.

📅 Medium-term

  • Reduce absolute scope 1 and 2 GHG emissions by 42% by 2030.
  • Reduce absolute scope 3 GHG emissions by 25% by 2030.

🔭 Long-term

  • Achieve carbon neutrality by 2035.

🌱 ESG Focus Areas

Responsible gamblingEmployee well-beingEnvironmental responsibilityClimate change mitigationEthical conduct

⚠️ Challenges & Risks +

  • Decreasing profitability of Veikkaus' own gaming venues due to changes in consumer behavior, digitalization, and identification requirements.
  • Gambling industry criticism and debate in Europe and elsewhere.
  • Transition to a partial multi-license system in 2026.
  • Increased lottery tax.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (GRI 1: Foundation 2021)