Public Profile

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.

38

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.

11

Industry Benchmark

Stockmann's score of 38 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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 1,566,000 kg CO2e from franchises and 57,380,000 kg CO2e from purchased goods and services. Over the years, Stockmann has shown fluctuations in its emissions. For instance, in 2021, total emissions were about 24,705,000 kg CO2e, with Scope 1 at 413,000 kg CO2e and Scope 2 at 17,324,000 kg CO2e. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Stockmann's emissions data reflects its operational impact and highlights the importance of addressing Scope 3 emissions, which represent the majority of its carbon footprint. The company operates within a challenging industry context, where retail and service sectors are increasingly scrutinised for their environmental impact.

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Add to project
20152016201720192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Stockmann's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Stockmann is headquartered in FI, which has a rank of very low, indicating very low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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