Olvi Sustainability Profile
Olvi plc, commonly referred to as Olvi, is a prominent Finnish beverage company headquartered in Iisalmi, Finland. Established in 1878, Olvi has grown to become a key player in the Nordic beverage industry, with a strong presence in Finland, Estonia, Latvia, and Lithuania. The company is renowned for its diverse product range, which includes beers, soft drinks, and mineral waters, all crafted with a commitment to quality and tradition. Olvi's unique offerings, such as its innovative craft beers and refreshing non-alcoholic beverages, have garnered a loyal customer base. With a focus on sustainability and local sourcing, Olvi has achieved notable market recognition, positioning itself as a leader in the Finnish beverage sector. The company continues to thrive, driven by its rich heritage and dedication to excellence.
DitchCarbon Score
How does Olvi'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 Beverage Manufacturing 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
Olvi's score of 76 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Olvi's reported carbon emissions
In 2024, Olvi Plc reported total carbon emissions of approximately 422,566,000 kg CO2e, with Scope 1 emissions at about 11,460,000 kg CO2e, Scope 2 emissions at approximately 27,174,000 kg CO2e, and significant Scope 3 emissions of around 398,380,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 431,514,000 kg CO2e, with Scope 1 at 11,544,000 kg CO2e, Scope 2 at 28,019,000 kg CO2e, and Scope 3 at approximately 403,601,000 kg CO2e. Olvi has set ambitious climate commitments, aiming for a 40% reduction in the value chain's CO2e emissions by 2030 compared to 2021 levels, with a long-term goal of achieving a carbon-neutral value chain by 2040. These targets encompass all scopes of emissions, particularly focusing on Scope 3, which constitutes the majority of their emissions profile. The company is committed to aligning its operations with industry standards for greenhouse gas reductions, although it has not yet established near-term targets under the Science Based Targets initiative (SBTi). Olvi's emissions data is sourced directly from Olvi Oyj, ensuring transparency and accountability in their climate reporting.
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| 2015 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Olvi's Industry?
How Carbon Intensive is Olvi's Location?
Olvi's Scope 3 Categories Breakdown
Olvi's Scope 3 emissions, which decreased by 1% last year and increased by approximately 43% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 81% of Scope 3 emissions.
Top Scope 3 Categories
Olvi'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.
Olvi has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Olvi's sustainability data and climate commitments