Valio

Valio, a dairy products company based in Finland, is committed to reducing its greenhouse gas (GHG) emissions. In 2023, Valio reported total emissions of approximately 1.87 billion kg CO2e, comprising 48.9 million kg CO2e for Scope 1, approximately 112.4 million kg CO2e for Scope 2 (market-based), and approximately 1.82 billion kg CO2e for Scope 3.

Valio has set ambitious climate targets. According to its Science Based Targets initiative (SBTi) commitments, the company aims to reduce absolute Scope 1 and 2 GHG emissions by 47% by 2030, using 2019 as the base year. Additionally, Valio is targeting a 28% reduction in absolute Scope 3 GHG emissions from upstream transportation and distribution by 2030, also from a 2019 base year. Further, Valio aims to reduce its Scope 3 GHG emissions from purchased goods and services by 50% per kg of raw milk over the same period.

In terms of progress, for the year 2025, Valio reported Scope 1 emissions of approximately 40.1 million kg CO2e and Scope 2 emissions of approximately 33.0 million kg CO2e (market-based). For 2024, the company reported Scope 1 emissions of approximately 42.9 million kg CO2e and Scope 2 emissions of approximately 59.4 million kg CO2e (market-based). Valio's climate targets are aligned with keeping global warming to 1.5°C, and they are on track for their near-term Scope 1 and Scope 2 targets as assessed by SBTi.

Valio's commitment to sustainability is further demonstrated through its reporting, which includes detailed breakdowns of its emissions across different scopes and categories, as seen in its sustainability reports for years including 2023 and 2024.