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Public Profile
Maritime Transport
FI
updated 2 months ago

RELEX Solutions Sustainability Profile

Company website

RELEX Solutions, headquartered in Finland, is a leading provider of supply chain and retail optimisation solutions. Founded in 2005, the company has established a strong presence across Europe and North America, serving a diverse range of industries including retail, wholesale, and manufacturing. RELEX's innovative software suite focuses on demand forecasting, inventory management, and space optimisation, setting it apart with its advanced machine learning capabilities. The company has achieved significant milestones, including partnerships with major retailers and recognition for its contributions to supply chain efficiency. With a commitment to enhancing operational performance, RELEX Solutions continues to solidify its market position as a trusted partner for businesses seeking to streamline their supply chain processes and improve customer satisfaction.

DitchCarbon Score

How does RELEX Solutions'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.

22

Industry Average

Mean score of companies in the Maritime Transport 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.

8

Industry Benchmark

RELEX Solutions's score of 22 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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RELEX Solutions's reported carbon emissions

In 2024, RELEX Solutions reported total carbon emissions of approximately 9,751,700 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 9,642,800 kg CO2e. Within this, business travel was a major factor, contributing approximately 4,633,000 kg CO2e. Scope 1 emissions were about 87,500 kg CO2e, and Scope 2 emissions totalled around 21,300 kg CO2e. In 2023, the company’s total emissions were approximately 8,855,700 kg CO2e, with Scope 1 emissions at about 87,700 kg CO2e and Scope 2 emissions at approximately 28,900 kg CO2e. The Scope 3 emissions for that year were around 8,739,000 kg CO2e. RELEX Solutions has committed to setting near-term science-based targets for emission reduction by 2026, having joined the Science-Based Targets initiative (SBTi) in 2024. This commitment focuses on reducing Scope 3 emissions, reflecting the company's proactive approach to addressing its carbon footprint. The emissions data is sourced directly from RELEX Solutions, with no cascaded data from parent or related organizations. The company operates from its headquarters in Finland and is part of the Software and Services sector.

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20232024
Scope 1
87,700
00,000
Scope 2
28,900
00,000
Scope 3
8,739,000
0,000,000

How Carbon Intensive is RELEX Solutions's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. RELEX Solutions's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is RELEX Solutions's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for RELEX Solutions is in FI, which has a very low grid carbon intensity relative to other regions.

RELEX Solutions's Scope 3 Categories Breakdown

RELEX Solutions's Scope 3 emissions, which increased by 10% last year and increased by approximately 10% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 48% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
48%
Purchased Goods and Services
41%
Employee Commuting
7%
Fuel and Energy Related Activities
3%
Upstream Leased Assets
2%

RELEX Solutions'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.

RELEX Solutions 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare RELEX Solutions's Emissions with Industry Peers

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•
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Updated about 2 months ago

Sas Institute

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•
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Updated 4 days ago

Ibm

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•
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Updated 2 days ago

Manhattan Associates

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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