Environmental metrics and targets

Climate change now requires effective action also from businesses, and we want to contribute to the faster achievement of a carbon neutral society. In addition to our own energy efficiency measures, we can impact the change right now, with certified offset credits. Emission reduction has been part of our strategy for more than 10 years. This represents one step on the journey aiming to make our entire energy consumption carbon neutral. 

The metrics and targets used to assess and manage relevant environmental sustainability related risks and opportunities, where such information is material; Disclose the metrics and targets used to assess and manage relevant climate-related and and increasingly also nature related dependencies, impacts, risks and opportunities where such information is material.

Environmental sustainability related science-based targets

We disclose the metrics used by Elisa to assess and manage climate-related and increasingly also nature-related risks and opportunities in line with its strategy and risk management process, as recommended in TCFD & TNFD - Metrics & targets, A.

Since 2009, reducing carbon emissions has been part of our business strategy process. Currently, we have several key performance indicators that measure our success in enabling a low-carbon society, in line with our business strategy.

Elisa was among the first Finnish companies in 2018 to adopt goals prepared in accordance with the requirements of the Science Based Targets initiative and confirmed as being in line with the Paris Agreement. In 2020, Elisa became the first Nordic telco to go carbon neutral.

Elisa is also one of the leading companies to have ambitious goals in line with limiting global warming to 1.5 degrees by 2025:

  • We will reduce our emissions (Scopes 1 and 2) by 50% compared to 2016.
  • We will reduce emissions related to travelling and waste, as well as emissions from the supply chain (Scope 3) by 12% compared to 2016.

Elisa’s carbon footprint (Scope 1 and 2) has decreased by more than 78% compared to 2016. The measures include the use of carbon-free electricity, network optimisation and increasingly energy efficient new technologies as well as the utilisation of data centres’ waste heat in the district heating network. Elisa is a pioneer of flexible work in Finland. The Elisa Ideal Work operating model and opportunities for location- independent work have reduced personnel’s travel and emissions to a significant degree.

Elisa achieved carbon neutrality in 2020, by implementing both energy reduction measures and acquiring carbon Gold Standard-certified carbon emission offset credits (for energy use that cannot yet be fully based on renewable options, personnel’s commutes and mobility, as well as the network’s backup power).

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Environmental sustainability related performance measurements

We disclose Elisa’s climate-related Scope 1, Scope 2, and Scope 3 greenhouse gas emissions, and related risks, as well as metrics used to assess and build understanding on how to manage direct, upstream, and downstream dependencies and impacts on nature, as recommended in TCFD & TNFD - Metrics & targets, B.

Our services help our customers to reduce their carbon footprint

In addition to reducing carbon footprint the carbon handprint when utilising mobile technologies can have even ten times positive impact*, and the services taking advantage of Elisa’s digitalisation, e.g. virtual meetings, reduce the climate burden of our customers’ operations. We also provide our customers with the efficient recycling of, and repair service for, devices as well as with new, environmentally friendly device options. 

*) GSMA: The Enablement Effect report

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Environmental sustainability related strategy deployment targets

We describe the targets used by Elisa to manage climate-related and increasingly also nature-related dependencies, impacts, risks and opportunities, and performance against targets, as recommended in TCFD & TNFD - Metrics & targets, C.

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Synergies between nature and climate related targets

We build understanding on how targets on nature and climate are aligned and contribute to each other, and any trade-offs, as recommended in TNFD - Metrics & targets, D.

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