Finnair Plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2018, 2009

In its 2023 reporting, Finnair Plc disclosed greenhouse gas emissions of 3.0M tons CO2 (flight emissions). 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
3.0M tons CO2 (flight emissions)
2023
♻️
Waste
2.3K tons (total waste at Helsinki hub)
2023
⚙️
Energy Use
22.3K MWh (electricity consumption of facilities)
2023

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20233.0M tons CO2 (flight emissions)
20183.2M tCO2e
20092.2M tCO2e (direct from flying)

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

  • Submit short-term CO2 intensity reduction targets to SBTi for validation in the first quarter of 2024.
  • Achieve carbon neutrality for its own on-site ground operations in the Helsinki-Vantaa area (Scope 1 and 2) starting from 2023.
  • Improving the fuel efficiency of flying by 1% annually.

📅 Medium-term

  • Achieve a 10 per cent level in SAF uptake by 2030.
  • Achieve a comparable operating profit margin of 6% by the end of 2025.

🔭 Long-term

  • Carbon neutral flying by the end of 2045

🌱 ESG Focus Areas

Energy Consumption and Greenhouse Gas (GHG) EmissionsBiodiversity AspectsCommunity ImpactEmployee ExperienceConsumer ExperienceSupply Chain ManagementBusiness ConductAircraft NoiseCircular EconomicsClimate Change Adaptation

⚠️ Challenges & Risks +

  • The closure of Russian airspace to EU carriers clearly affected Finnair’s traffic to Asia.
  • The impacts of inflation and rising interest rates on demand and costs remain elevated, causing uncertainty in the operating environment.
  • The prevailing situation in the Middle East causes uncertainty in the operating environment.
  • Risks related to the impacts of inflation and rising interest rates on demand and costs remain elevated, causing uncertainty in the operating environment.
  • International conflicts and global political instability also cause uncertainty in the operating environment.

📋 Report Information

Reporting Period: 2023
Frameworks: ESRS, SBTi