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 51 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Yit's reported carbon emissions
In 2023, YIT Oyj reported total carbon emissions of approximately 837,600,000 kg CO2e, with emissions distributed across various scopes: 19,400,000 kg CO2e (Scope 1), 7,800,000 kg CO2e (Scope 2, market-based), and 837,600,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 90% and Scope 3 emissions by 30% by 2030, using 2019 as the base year. This commitment aligns with the Science Based Targets initiative, ensuring that their targets are consistent with the goal of limiting global warming to 1.5°C. In previous years, YIT's emissions have varied significantly, with 2022 emissions at approximately 1,219,500,000 kg CO2e (Scope 3), and 2021 emissions at about 11,192,000 kg CO2e (Scope 3). The company has demonstrated a proactive approach to sustainability, with a clear focus on reducing its carbon footprint across all scopes. YIT's headquarters is located in Finland, and it operates within the construction and engineering sector, which is increasingly prioritising sustainability and carbon reduction initiatives.
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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 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.
