Yit
YIT Corporation, commonly referred to as YIT, is a leading Finnish construction and real estate company headquartered in Helsinki, Finland. Established in 1912, YIT has grown to become a prominent player in the Nordic and Baltic regions, focusing on residential, commercial, and infrastructure projects. The company is renowned for its commitment to sustainable development and innovative construction solutions, offering a diverse range of services including project development, construction management, and property maintenance. YIT's unique approach integrates modern technology and eco-friendly practices, setting it apart in the competitive construction industry. With a strong market position, YIT has achieved significant milestones, including numerous awards for excellence in construction and sustainability. Its dedication to quality and customer satisfaction continues to drive its success in the evolving real estate landscape.
DitchCarbon Score
How does Yit'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 Construction Work 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
Yit's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yit's reported carbon emissions
In 2023, YIT Oyj reported total carbon emissions of approximately 83,760,000 kg CO2e, comprising 19,400,000 kg CO2e from Scope 1, 7,800,000 kg CO2e from Scope 2, and about 837,600,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint significantly. YIT has set ambitious targets validated by the Science Based Targets initiative (SBTi), aiming for a 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, based on a 2019 baseline. Additionally, they plan to cut Scope 3 emissions by 30% within the same timeframe. These targets encompass all emissions categories, including land-related emissions and bioenergy feedstock removals. The company has demonstrated a proactive approach to sustainability, aligning its reduction goals with the global aim of limiting temperature rise to 1.5°C. YIT's commitment to these targets underscores its role in the construction and engineering sector's transition towards a more sustainable future.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 171,427,000 | 00,000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 54,060,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000 | 00,000,000 | 0,000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Yit is participating in some of the initiatives that 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.
