Latvijas Finieris Group, commonly referred to as Finieris, is a leading manufacturer in the furniture and other manufactured goods sector, headquartered in Latvia (LV). Established in 1997, the company has made significant strides in the industry, focusing on the production of high-quality plywood and veneer products that cater to diverse applications, including furniture, construction, and interior design.
With a strong operational presence across Europe and beyond, Latvijas Finieris Group is renowned for its commitment to sustainability and innovation. The company’s core offerings include a wide range of plywood solutions that stand out for their durability and aesthetic appeal. As a key player in the market, Finieris has achieved notable recognition for its environmentally friendly practices and superior product quality, solidifying its position as a trusted partner in the furniture manufacturing industry.
0 vs industry average
Latvijas Finieris Group’s score of 26 is lower than 49% 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
Furniture Manufacturing has typical carbon intensity
Industry performance
The Furniture Manufacturing industry has reduced its overall emissions by 35% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Latvijas Finieris Group's reported carbon emissions
**Latvijas Finieris Group: Carbon Emissions and Climate Commitments** Latvijas Finieris Group, headquartered in LV and operating within the Furniture; other manufactured goods n.e.c. (36) industry, has reported its carbon emissions for recent years. **2024 Emissions:** In 2024, the Group reported a total of approximately 188.2 million kg CO2e. This comprised Scope 1 emissions of approximately 23.4 million kg CO2e, Scope 2 emissions of approximately 14.5 million kg CO2e, and Scope 3 emissions of approximately 135.7 million kg CO2e. Key contributors to their Scope 3 emissions in this year included purchased goods and services (approximately 80.8 million kg CO2e) and downstream transportation and distribution (approximately 40.3 million kg CO2e). **2023 Emissions:** For 2023, Latvijas Finieris Group's total emissions were approximately 1,564.6 million kg CO2e. Scope 1 emissions accounted for approximately 21.1 million kg CO2e, Scope 2 emissions for approximately 13.8 million kg CO2e, and Scope 3 emissions for approximately 121.5 million kg CO2e. Purchased goods and services were the largest component of their Scope 3 emissions, totalling approximately 83.4 million kg CO2e. **2022 Emissions:** In 2022, the Group's total emissions were approximately 106.0 million kg CO2e. This breakdown included Scope 1 emissions of approximately 21.4 million kg CO2e, Scope 2 emissions of approximately 13.0 million kg CO2e, and Scope 3 emissions of approximately 71.6 million kg CO2e. Notably, there was a mention of missing data for Scope 3/purchased goods and services for this reporting year. **Climate Commitments:** Latvijas Finieris Group is actively engaged in sustainability efforts within its industry. While specific reduction targets and SBTi commitments were not detailed in the provided information, the company does provide production emission factors. For instance, in 2022, the production of 1 m³ of plywood generated approximately 353.0 kg CO2e, falling under the "WOOD AND ARTICLES OF WOOD; WOOD CHARCOAL" category. The company's sustainability reports are the primary source for detailed information on their climate initiatives and future goals.
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Latvijas Finieris Group’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Latvijas Finieris Group yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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