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OrganisationsHelen
Helen logo

Helen

Petroleum ElectricityFinlandNASDAQ: HELE
Last verified 7 days agohelen.fi

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.

36
DitchCarbon score

+25 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.

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Industry Intensity

Very High

Petroleum Electricity is among the most carbon-intensive industries

Industry performance

1.761
20192025

The Petroleum Electricity industry has reduced its overall emissions by 38% since 2019

Emissions trajectory 2020 – 2029

0B0.0B0.0B0.0B0

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2020202120222023202420252026202720282029

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Helen's reported carbon emissions

In 2026, Helen reported Scope 1 emissions of approximately 330 million kg CO2e. This marks a significant reduction from previous years, where emissions were approximately 1.7 billion kg CO2e in 2023 and about 2.7 billion kg CO2e in 2022. Helen has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 80% by 2025 from a 1990 base year and achieve a 77% reduction per MWh of electricity and heat produced by 2030 from a 2019 base year. Furthermore, the company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2040. Helen's reduction targets include a long-term goal of reducing Scope 1 and 2 emissions by 97% per MWh by 2040, alongside a commitment to reduce absolute Scope 3 emissions from fuel- and energy-related activities by 90% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Helen's commitment to sustainable energy production and climate neutrality by 2030. The emissions data and targets are sourced from Helen Oy, with no cascaded data from a parent organization.

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Helen’s Climate Goals (2030 & 2050)

5 goals

2030

Tavoitteemme on hiilineutraali energiantuotanto vuoteen 2030…

Tavoitteemme on hiilineutraali energiantuotanto vuoteen 2030 mennessä.

On track0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 5 climate goals

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Helen logoHelen
FIPetroleum Electricity
7 days ago
36
Fortum logoFortum
FIElectricity from Other Sources
3 days ago
88
View
Electricite De France logoElectricite De France
FRElectricity Distribution
2 days ago
74
View
Vattenfall logoVattenfall
SEElectricity Transmission
8 days ago
50
View
Caruna logoCaruna
FIInsurance Services
7 days ago
39
View
Agder Energi logoAgder Energi
NOElectricity from Other Sources
3 days ago
39
View
E
Elenia Oy
FIElectricity Transmission
5 days ago
18
View

Frequently asked questions

Common questions about Helen’s sustainability data and climate commitments

In 2026, Helen reported Scope 1 emissions of approximately 330 million kg CO₂e, a significant reduction from about 1.7 billion kg CO₂e in 2023. This reduction reflects Helen's commitment to sustainability and its efforts to transition away from fossil fuels. The company aims for an 80% reduction in Scope 1 emissions by 2025 from a 1990 base year, demonstrating a proactive approach to minimizing its carbon footprint in the electricity sector.

Data year: 2026

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Ditchcarbonv260319.2
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