Public Profile

Fingrid

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.

16

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.

9

Industry Benchmark

Fingrid's score of 16 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Fingrid's reported carbon emissions

In 2023, Fingrid reported total carbon emissions of approximately 195,000,000 kg CO2e. This figure includes 65,000,000 kg CO2e from Scope 1 emissions, 130,000,000 kg CO2e from Scope 2 emissions, and 195,000,000 kg CO2e from Scope 3 emissions, which encompasses business travel, purchased goods and services, waste generated in operations, and fuel and energy-related activities. Fingrid has demonstrated a commitment to reducing its carbon footprint over the years. In 2022, total emissions were about 195,000,000 kg CO2e, indicating a consistent level of emissions in recent years. The company has not specified any formal reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for clearer commitments in this area. Overall, Fingrid's emissions data reflects its operational impact, with significant contributions from both direct and indirect sources. The company continues to navigate the challenges of reducing its carbon emissions while maintaining its role in the energy sector.

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Add to project
2017201820192020202120222023
Scope 1
6,500,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
Scope 2
225,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
1,000,000
0,000,000
00,000,000
0,000,000
00,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fingrid's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Fingrid is headquartered in FI, which has a rank of very low, indicating very low grid carbon 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.

Fingrid is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers