Veikkaus Oy Sustainability Profile
Veikkaus Oy, the leading gaming company in Finland, is headquartered in Helsinki. Established in 2017 through the merger of three state-owned gaming entities, Veikkaus has since solidified its position in the gaming industry, operating primarily across Finland. The company offers a diverse range of products, including lottery games, sports betting, and online casino services, all designed to provide a unique and engaging experience for players. With a strong commitment to responsible gaming, Veikkaus Oy stands out for its innovative approach to game development and customer engagement. The company plays a crucial role in funding Finnish society, contributing to various social and cultural initiatives. As a market leader, Veikkaus continues to adapt to evolving consumer preferences while maintaining its reputation for integrity and trustworthiness in the gaming sector.
DitchCarbon Score
How does Veikkaus Oy'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.
Industry Average
Mean score of companies in the Hospitality 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.
Industry Benchmark
Veikkaus Oy's score of 60 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veikkaus Oy's reported carbon emissions
In 2024, Veikkaus Oy reported total carbon emissions of approximately 55,388,000 kg CO2e, with Scope 1 emissions at about 217,000 kg CO2e, Scope 2 emissions at approximately 1,089,000 kg CO2e, and Scope 3 emissions reaching about 54,081,000 kg CO2e. This represents a significant increase from 2023, where total emissions were about 44,657,000 kg CO2e, with Scope 1 at approximately 281,000 kg CO2e, Scope 2 at about 1,998,000 kg CO2e, and Scope 3 at around 42,377,000 kg CO2e. Veikkaus Oy has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2022 base year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, capital goods, and upstream transportation and distribution, also by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Veikkaus Oy's commitment to sustainability reflects its recognition of the importance of addressing climate change within the gaming and leisure sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 744,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 50,053,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 47,512,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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Veikkaus Oy's Scope 3 Categories Breakdown
Veikkaus Oy's Scope 3 emissions, which increased by 28% last year and increased by approximately 14% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 49% of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
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Veikkaus Oy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Veikkaus Oy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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