Stockmann plc, commonly known as Stockmann, is a prominent Finnish retail company headquartered in Helsinki. 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 experience, Stockmann distinguishes itself through its unique product offerings and exceptional service. 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. Stockmann's strong market position is underscored by its reputation for innovation and a loyal customer base, making it a staple in the Nordic retail landscape.
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.
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.
Stockmann's score of 38 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Stockmann reported total carbon emissions of approximately 261,000 tonnes CO2e. This figure includes 446 tonnes from Scope 1 emissions, 20,648 tonnes from Scope 2, and a significant 239,798 tonnes from Scope 3 emissions, which encompass various categories such as purchased goods and services, employee commute, and waste generated in operations. Over the years, Stockmann has demonstrated a commitment to reducing its carbon footprint. For instance, in 2021, the company achieved a total emission reduction to about 24,705 tonnes CO2e, down from 33,704 tonnes in 2020. This trend reflects ongoing efforts to improve operational efficiency and sustainability practices. Stockmann is actively engaged in global climate initiatives, including the "Business Ambition for 1.5°C" and the "Climate Ambition Accelerator," showcasing its dedication to aligning with international climate goals. The company is also a participant in the UN Global Compact, reinforcing its commitment to sustainable business practices. Overall, Stockmann's emissions data and climate commitments illustrate a proactive approach to addressing climate change within the retail sector, aiming for continuous improvement in reducing carbon emissions across all scopes.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 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 |
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 committed to some 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.