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.
-10 vs industry average
Stockmann’s score of 25 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Stockmann's reported carbon emissions
In 2023, Stockmann reported total carbon emissions of approximately 260.9 million kg CO2e. This figure includes Scope 1 emissions of about 446,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 20.6 million kg CO2e, mainly from purchased heat and electricity. The majority of their emissions, approximately 239.8 million kg CO2e, fall under Scope 3, which encompasses various categories such as purchased goods and services, use of sold products, and downstream transportation and distribution. Comparatively, in 2022, Stockmann's total emissions were about 296.1 million kg CO2e, indicating a reduction of approximately 35.2 million kg CO2e year-on-year. This trend reflects their ongoing commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Stockmann has not reported any specific science-based targets (SBTi) or climate pledges, and there are no documented reduction initiatives at this time. The company operates independently without cascading emissions data from a parent organization. Overall, Stockmann's emissions data highlights their significant carbon footprint, particularly in Scope 3 emissions, while also showcasing a positive trend in emissions reduction from the previous year.
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Stockmann’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Stockmann yet.
Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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