Helen Sustainability Profile
Helen Ltd, headquartered in Helsinki, Finland, is a leading energy company that has been at the forefront of sustainable solutions since its establishment in 1909. With a strong presence in the Nordic region, Helen focuses on providing innovative energy services, including district heating, electricity, and renewable energy solutions. The company is renowned for its commitment to sustainability, leveraging cutting-edge technology to reduce carbon emissions and enhance energy efficiency. Notable achievements include significant investments in renewable energy sources, positioning Helen as a key player in Finland's transition to a greener economy. With a diverse portfolio of services tailored to meet the evolving needs of its customers, Helen continues to set industry standards, making it a trusted name in the energy sector.
DitchCarbon Score
How does Helen'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 Petroleum Electricity 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
Helen's score of 35 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Helen's reported carbon emissions
In 2023, Helen Oy reported total carbon emissions of approximately 2,410,074,000 kg CO2e, comprising 1,656,084,000 kg CO2e from Scope 1, 118,542,000 kg CO2e from Scope 2 (market-based), and 635,448,000 kg CO2e from Scope 3 emissions. This marked a decrease from 2022, where total emissions were about 3,421,457,000 kg CO2e, with Scope 1 emissions at 2,680,478,000 kg CO2e. Helen has set ambitious climate commitments, aiming to reduce Scope 1 emissions by 80% by 2025 from a 1990 baseline. Additionally, they plan to achieve a 77% reduction in Scope 1 and Scope 2 emissions per MWh of electricity and heat produced by 2030, also from a 2019 base year. The company is targeting carbon neutrality in energy production by 2030 and plans to phase out coal use by 2040. Helen's initiatives include converting the coal-powered boiler at the Salmisaari heating plant to a pellet-powered boiler, which is expected to significantly reduce emissions for both the company and the city of Helsinki. They are committed to using only sustainably certified or origin-controlled biomass by 2030. Overall, Helen Oy is actively working towards substantial emissions reductions and a sustainable energy future, reflecting its commitment to climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,237,626,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 7,353,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 808,128,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Helen's Industry?
How Carbon Intensive is Helen's Location?
Helen'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.
Helen has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
