Stockmann
Stockmann plc, commonly known as Stockmann, is a prominent Finnish retail company headquartered in Helsinki, Finland. Established in 1862, Stockmann has evolved into a key player in the retail industry, primarily operating in Finland and the Baltic region. The company is renowned for its department stores, which offer a diverse range of products, including fashion, beauty, home goods, and gourmet food. With a commitment to quality and customer service, Stockmann distinguishes itself through its unique product offerings and exclusive brands. Over the years, the company has achieved significant milestones, including the expansion of its online presence and the revitalisation of its flagship store in Helsinki. As a market leader, Stockmann continues to adapt to changing consumer preferences while maintaining its reputation for excellence in retail.
DitchCarbon Score
How does Stockmann'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 Retail Trade Services 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
Stockmann's score of 34 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Stockmann's reported carbon emissions
In 2023, Stockmann reported total carbon emissions of approximately 261,000,000 kg CO2e. This figure includes 446,000 kg CO2e from Scope 1 emissions, 20,648,000 kg CO2e from Scope 2 emissions, and a significant 239,798,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions encompass various categories, including 15,660,000 kg CO2e from franchises, 10,962,000 kg CO2e from capital goods, and 57,380,000 kg CO2e from purchased goods and services. Over the years, Stockmann has shown fluctuations in its emissions. For instance, in 2022, the total emissions were about 261,000,000 kg CO2e, while in 2021, they were approximately 24,705,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Stockmann's emissions data reflects its operational impact and highlights the importance of addressing Scope 3 emissions, which constitute the majority of its carbon footprint. As the company continues to navigate its sustainability journey, establishing clear reduction targets could enhance its climate commitments and align with industry standards.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 170,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 50,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 14,200,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 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.
Stockmann 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.
