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Finnvera plc, headquartered in Finland, is a leading provider of financial intermediation services, excluding insurance and pension funding. Established in 1998, Finnvera has played a pivotal role in supporting Finnish businesses through various financial solutions, including loans, guarantees, and venture capital. With a strong focus on fostering entrepreneurship and innovation, the company operates primarily across Finland, catering to small and medium-sized enterprises (SMEs) and larger corporations alike.
Finnvera's unique offerings include tailored financing solutions that address the specific needs of businesses at different stages of growth. The company is renowned for its commitment to enhancing the competitiveness of Finnish firms in both domestic and international markets. Notable achievements include significant contributions to the Finnish economy and a robust market position as a trusted partner for businesses seeking financial support.
+8 vs industry average
Finnvera’s score of 45 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Finnvera, a financial intermediation services provider based in Finland, reported total greenhouse gas emissions of approximately 3.7 billion kg CO2e in 2024. This includes Scope 1 emissions of 42,000 kg CO2e, Scope 2 market-based emissions of 94,000 kg CO2e, and Scope 3 emissions of approximately 3.72 billion kg CO2e. The largest contributor to Scope 3 emissions was investments.
In 2023, Finnvera's total emissions were approximately 4.88 billion kg CO2e, comprising 61,000 kg CO2e from Scope 1, 151,000 kg CO2e from Scope 2 (market-based), and around 4.88 billion kg CO2e from Scope 3, with investments being the primary component. This indicates a decrease in total emissions between 2023 and 2024.
Looking further back, in 2022, the company's total emissions were approximately 5.74 billion kg CO2e, with 42,000 kg CO2e from Scope 1, 153,000 kg CO2e from Scope 2 (market-based), and roughly 5.74 billion kg CO2e from Scope 3. In 2021, Finnvera's total emissions stood at approximately 9.04 billion kg CO2e, including 42,000 kg CO2e from Scope 1, 359,000 kg CO2e from Scope 2, and around 9.04 billion kg CO2e from Scope 3.
Finnvera discloses all three scopes of emissions (Scope 1, 2, and 3) and provides transparent reporting through their annual financial statements and sustainability reports. The company does not currently have specific public reduction targets, SBTi reduction targets, or participate in the Climate Pledge.
No climate goals have been disclosed for Finnvera yet.
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