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 31 is higher than 98% 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 19,400,000 kg CO2e for Scope 1 and about 7,800,000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions were around 837,600,000 kg CO2e. This data reflects a commitment to transparency in their carbon footprint across all scopes of emissions. YIT has set ambitious climate targets, committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2030, using 2019 as the base year. They also aim to achieve a 30% reduction in absolute Scope 3 emissions by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and include land-related emissions and removals from bioenergy feedstocks. Over the years, YIT has demonstrated a proactive approach to managing its carbon emissions, with significant reductions noted from 2019 to 2023. For instance, Scope 1 emissions decreased from approximately 28,000,000 kg CO2e in 2019 to about 19,400,000 kg CO2e in 2023, showcasing their commitment to sustainability in the construction and engineering sector.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 171,427,000 | 00,000,000 | 00,000,000 | 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 | - | - | 0,000,000,000 | 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.
