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Kesko Corporation, headquartered in Finland (FI), is a prominent player in the wholesale trade and commission trade services sector, specifically excluding motor vehicles and motorcycles. Founded in 1940, Kesko has established itself as a leader in the industry, with a strong presence across the Nordic and Baltic regions.
The company primarily focuses on the wholesale distribution of food, building and technical trade products, and home and speciality goods. Kesko's unique approach combines a robust supply chain with innovative digital solutions, ensuring efficient service delivery to its diverse clientele.
With a commitment to sustainability and customer satisfaction, Kesko has achieved significant milestones, including numerous awards for its operational excellence. As a key market player, Kesko continues to shape the wholesale landscape, driving growth and setting industry standards.
99
DitchCarbon score
+72 vs industry average
Kesko’s score of 99 is higher than 99% 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
Low
Wholesale Trade has below-average carbon intensity
Industry performance
0.134
20182025
The Wholesale Trade industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
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.
Kesko's reported carbon emissions
Kesko, headquartered in Finland and operating in Wholesale trade and commission trade services, except of motor vehicles and motorcycles, reported its latest total carbon emissions in 2024 as approximately 7.36 billion kg CO2e. This includes Scope 1 emissions of approximately 59.75 million kg CO2e and Scope 2 emissions (market-based) of about 31.39 million kg CO2e. Scope 3 emissions, which represent the largest portion, totalled around 14.21 billion kg CO2e, with significant contributions from purchased goods and services (approximately 5.84 billion kg CO2e) and use of sold products (about 1.10 billion kg CO2e).
Looking ahead to 2025, Kesko projects its total emissions to be approximately 8.16 billion kg CO2e, with Scope 1 emissions at about 55.24 million kg CO2e, Scope 2 (market-based) at around 18.97 million kg CO2e, and Scope 3 at roughly 15.85 billion kg CO2e.
Kesko has established ambitious climate commitments and reduction targets. The company has near-term Science Based Targets initiative (SBTi) approved goals:
- To reduce absolute Scope 1 and 2 GHG emissions by 58.8% by 2034 from a 2024 base year.
- To reduce absolute Scope 3 GHG emissions from purchased goods and services and use of sold products by 35.0% by 2034 from a 2024 base year.
- To reduce absolute Scope 3 FLAG GHG emissions by 42.4% by 2034 from a 2024 base year.
Additionally, Kesko has a long-term SBTi commitment to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. This includes reducing absolute Scope 1, 2 and 3 GHG emissions by 90.0% by 2050 from a 2024 base year, and Scope 1 and 3 FLAG GHG emissions by 72.0% by 2050 from a 2024 base year. The company is also committed to no deforestation across its primary deforestation-linked commodities by December 31, 2025.
Earlier commitments include:
- Achieving carbon neutrality in 2025 and making its own operations emission-free by the end of 2030 (Scope 1 and 2).
- Reducing direct and indirect (Scope 1 and 2) emissions by 18% by 2025 from a 2015 base year.
- Reducing absolute Scope 1 and 2 GHG emissions by 90% by 2030 from a 2020 base year.
- Reducing absolute Scope 3 GHG emissions from the use of sold products by 17% by 2026 from a 2020 base year.
- Ensuring that 67% of its suppliers by spend, covering purchased goods and services, will have science-based targets by 2026.
- A target to reduce Scope 1 and 2 operational emissions by approximately 30% from the 2024 baseline by the end of 2030.
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Kesko’s Climate Goals (2030 & 2050)
8 goals2050
90% reduction in Scope 2
Kesko Corporation commits to reduce absolute scope 2 GHG emissions 90.0% by 2050 from a 2024 base year.
On track90%
2034
58.8% reduction in Scope 2
Kesko Corporation commits to reduce absolute scope 2 GHG emissions 58.8% by 2034 from a 2024 base year.
On track58.8%
2034
35% reduction in scope 3 upstream
Kesko Corporation also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 35.0% wit…
At risk35%
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Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
2034 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Kesko1 month ago
99
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Frequently asked questions
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