Public Profile

Tvo

Tvo, officially known as Tvo Oy, is a prominent player in the Finnish energy sector, headquartered in Finland. Established in 1997, Tvo has made significant strides in the production and distribution of electricity, primarily focusing on nuclear energy and renewable sources. With a strong operational presence in the Nordic region, the company is committed to sustainable energy solutions that meet the growing demands of modern society. Tvo's core offerings include electricity generation from its nuclear power plants, which are renowned for their safety and efficiency. The company has achieved notable milestones, including advancements in energy technology and a commitment to reducing carbon emissions. As a leader in the Finnish energy market, Tvo continues to innovate, ensuring a reliable and sustainable energy future for its customers.

DitchCarbon Score

How does Tvo'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.

47

Industry Average

Mean score of companies in the Business 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.

9

Industry Benchmark

Tvo's score of 47 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Tvo's reported carbon emissions

In 2023, Tvo reported total carbon emissions of approximately 79,221,000 kg CO2e, comprising 1,976,000 kg CO2e from Scope 1, 34,559,000 kg CO2e from Scope 2, and 79,221,000 kg CO2e from Scope 3 emissions. This reflects a decrease in Scope 1 emissions from 2,421,000 kg CO2e in 2022 and a reduction in Scope 2 emissions from 63,843,000 kg CO2e in the same year. Tvo has committed to near-term emissions reduction targets, although specific numerical targets have not been disclosed. The company is not currently committed to a net-zero target. Tvo operates within the Electric Utilities and Independent Power Producers sector, focusing on sustainable energy practices. Overall, Tvo's emissions data indicates a proactive approach to managing carbon outputs, with a clear focus on reducing emissions across all scopes.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
2020202120222023
Scope 1
3,254,000
0,000,000
0,000,000
0,000,000
Scope 2
29,677,000
00,000,000
00,000,000
00,000,000
Scope 3
89,290,000
000,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tvo's primary industry is Other business services (74), which is very 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. Tvo 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.

Tvo 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?

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