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Helen Ltd, widely known as Helen, is a prominent Finnish energy company with its headquarters in Helsinki. Established in 1909 as Helsinki City Electricity Works and rebranded in 2015, Helen has a long-standing history in energy production, including from petroleum and other oil derivatives, serving the Helsinki metropolitan area.
Today, Helen is a leading provider of electricity, district heating, and district cooling. The company is committed to an ambitious transition towards a carbon-neutral energy future by 2030, offering innovative and sustainable energy solutions such as smart energy systems and heat pump technologies. Helen’s dedication to reliable and environmentally responsible energy positions it as a key player in Finland’s evolving energy landscape.
+24 vs industry average
Helen’s score of 36 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petroleum Electricity is among the most carbon-intensive industries
The Petroleum Electricity industry has reduced its overall emissions by 30% since 2018
Scope 3 accounts for ••• of total emissions.
Helen, headquartered in Finland, operates in the Electricity by petroleum and other oil derivatives sector.
Helen reported its Scope 1 emissions for 2026 as 330,000,000 kg CO2e. For 2025, Scope 1 emissions were 400,000,000 kg CO2e. In 2024, Scope 1 emissions were 1,300,000,000 kg CO2e, and for 2023, they were 1,700,000,000 kg CO2e. In 2022, Helen's Scope 1 emissions were 2,700,000,000 kg CO2e, and in 2021, they were 2,800,000,000 kg CO2e. For 2020, Helen's Scope 1 emissions were 2,724,969,000 kg CO2e, Scope 2 market-based emissions were 6,231,000 kg CO2e, and Scope 3 emissions were 781,781,000 kg CO2e. Helen reported total emissions of 3,294,087,000 kg CO2e for 2019, though individual scope data for that year was not specified.
Helen has committed to several reduction targets. The company aims for carbon-neutral energy production by 2030 and targets net-zero greenhouse gas emissions across its value chain by 2040. Helen is also committed to reducing its Scope 1 and Scope 2 GHG emissions from power and heat generation by 77.0% per MWh by 2030 from a 2019 base year. Additionally, it aims to reduce its absolute Scope 3 GHG emissions from fuel- and energy-related activities by 70.0% by 2030 from a 2019 base year, and by 90.0% by 2040 within the same category. Helen also has a long-term goal to reduce Scope 1 and 2 GHG emissions from power and heat generation by 97.0% per MWh by 2040 from a 2019 base year. The company aims to reduce its Scope 1 emissions by 80% by 2025 from a 1990 base year. Helen has verified near-term and long-term Science Based Targets initiative (SBTi) commitments, consistent with a 1.5°C trajectory.
2040
97% reduction in Scope 1
Helen Ltd commits to reduce scope 1 GHG emissions from power and heat generation 97.0% per MWh by 2040 from a 2019 base year.
2040
97% reduction in Scope 2
Helen Ltd commits to reduce scope 2 GHG emissions from power and heat generation 97.0% per MWh by 2040 from a 2019 base year.
2040
90% reduction in scope 3 total
Helen Ltd further commits to reduce absolute scope 3 GHG emissions from fuel- and energy-related activities 90.0% within the same timeframe.
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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Common questions about Helen’s sustainability data and climate commitments
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