Yit
YIT Corporation, commonly referred to as YIT, is a leading Finnish construction and real estate company headquartered in Helsinki, Finland. Established in 1912, YIT has grown to become a prominent player in the Nordic and Baltic regions, focusing on residential, commercial, and infrastructure projects. The company is renowned for its commitment to sustainable development and innovative construction solutions, offering a diverse range of services including project development, construction management, and property maintenance. YIT's unique approach integrates modern technology and eco-friendly practices, setting it apart in the competitive construction industry. With a strong market position, YIT has achieved significant milestones, including numerous awards for excellence in construction and sustainability. Its dedication to quality and customer satisfaction continues to drive its success in the evolving real estate landscape.
DitchCarbon Score
How does Yit's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Yit's score of 61 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yit's reported carbon emissions
In 2024, YIT Oyj reported total carbon emissions of approximately 907,800,000 kg CO2e, with Scope 1 emissions at about 18,300,000 kg CO2e, Scope 2 emissions (market-based) at around 5,800,000 kg CO2e, and significant Scope 3 emissions of approximately 883,700,000 kg CO2e. This represents an increase from 2023, where total emissions were about 806,500,000 kg CO2e, with Scope 1 at 19,400,000 kg CO2e, Scope 2 (market-based) at 7,800,000 kg CO2e, and Scope 3 at approximately 779,200,000 kg CO2e. YIT has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 30% by 2030, using 2019 as the baseline year. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The company’s commitment includes land-related emissions and removals from bioenergy feedstocks. Overall, YIT's emissions data reflects a significant challenge, particularly in Scope 3 emissions, which constitute the majority of their carbon footprint. The company is actively working towards its reduction targets to enhance its sustainability profile in the construction and engineering sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 171,427,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 54,060,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000 | - | 0,000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Yit is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
