Localtapiola
LocalTapiola, officially known as LocalTapiola Group, is a prominent Finnish mutual insurance company headquartered in Finland. Established in 1990, it has grown to become a key player in the insurance and financial services industry, primarily serving the regions of Southern and Western Finland. The company offers a diverse range of products, including life insurance, property insurance, and investment services, distinguished by its customer-centric approach and commitment to local communities. LocalTapiola's unique model integrates insurance and asset management, providing tailored solutions that resonate with its clientele. With a strong market position, LocalTapiola has achieved notable milestones, including recognition for its sustainable practices and community engagement initiatives. As a trusted partner in risk management and financial security, LocalTapiola continues to uphold its reputation for reliability and innovation in the Finnish insurance landscape.
DitchCarbon Score
How does Localtapiola'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 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
Localtapiola's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Localtapiola's reported carbon emissions
In 2023, Localtapiola reported total carbon emissions of approximately 121,650,000 kg CO2e. This figure includes 170,000 kg CO2e from Scope 1 emissions, 670,000 kg CO2e from Scope 2 emissions, and a significant 120,810,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from investments (76,680,000 kg CO2e) and purchased goods and services (15,250,000 kg CO2e). Comparatively, emissions in 2022 were about 129,660,000 kg CO2e, indicating a reduction in total emissions year-on-year. The company has not specified any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for clearer climate action strategies. Localtapiola's emissions data reflects a commitment to transparency in reporting, although the absence of defined reduction targets highlights an area for potential improvement in their climate strategy. The company continues to monitor and report its emissions across all three scopes, aligning with industry standards for climate accountability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 12,975,526,920 | 00,000,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 13,120,905,920 | 00,000,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | -6,567,858,940 | -0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Localtapiola is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
