Fingrid Sustainability Profile
Fingrid Oyj, commonly known as Fingrid, is a leading Finnish transmission system operator headquartered in Helsinki, Finland. Established in 1997, Fingrid plays a crucial role in the electricity market, ensuring the reliability and efficiency of the national grid across Finland and its major operational regions. Fingrid's core services include the management of high-voltage electricity transmission, grid maintenance, and the integration of renewable energy sources. The company is recognised for its innovative approach to energy management, particularly in enhancing grid stability and facilitating cross-border electricity trade. With a strong commitment to sustainability, Fingrid has achieved significant milestones in the transition to a low-carbon energy system, positioning itself as a key player in the Nordic energy landscape. Its dedication to operational excellence and customer service has solidified its reputation as a trusted partner in the energy sector.
DitchCarbon Score
How does Fingrid'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 Business Services 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
Fingrid's score of 47 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Fingrid's reported carbon emissions
In 2024, Fingrid Oyj reported total carbon emissions of approximately 1,082,348,000 kg CO2e. This figure includes Scope 1 emissions of about 6,955,000 kg CO2e, Scope 2 emissions of approximately 81,743,000 kg CO2e, and Scope 3 emissions totalling around 191,084,000 kg CO2e. Fingrid has set ambitious climate commitments, aiming to reduce its absolute Scope 1 GHG emissions by 42% and Scope 2 emissions by 53% by 2030, using 2022 as the base year. Additionally, the company targets a 25% reduction in Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. In 2023, Fingrid's emissions were approximately 877,792,000 kg CO2e, indicating a significant increase from the previous year. The company continues to focus on enhancing its sustainability practices and reducing its carbon footprint across all scopes of emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 6,500,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 225,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Fingrid's Industry?
How Carbon Intensive is Fingrid's Location?
Fingrid's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fingrid has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Public Joint Stock Company Interregional Distribution Grid Company of Siberia
Rheinisch Westfalisches Elektrizitatswerk
Frequently Asked Questions
Common questions about Fingrid's sustainability data and climate commitments