Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employee well-being
• Diversity and inclusion
• Environmental impact
• Sustainable business practices
• Circular economy

Environmental Achievements

• Reduced carbon emissions per employee by 36% compared to 2019 (primarily due to reduced business travel during the COVID-19 pandemic).
• Developed and launched Flow by Pinja, a material management and tracking system for the circular economy.

Social Achievements

• Improved Quality of Working Life (QWL) index to 70%, 10% higher than the Finnish average.
• Employee satisfaction score of 4 out of 5.
• eNPS (recommendation index) of 13.
• Launched Junior Business Intelligence Academy to provide training and employment opportunities.
• Established Pinjattaret group to support female employees' career development and promote diversity.

Governance Achievements

• Acquisition of PiiMega Oy to enhance customer service and drive sustainability development.
• Compliance with Finnish and international laws and regulations.

Climate Goals & Targets

Environmental Challenges

• Increased challenges in supervisor work due to remote work, including managing ergonomics and social contact decline.

Mitigation Strategies

• Adapting supervisory practices to address the challenges of remote work.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol (GHG Protocol)

Sustainable Products & Innovation

• Flow by Pinja

Environmental Metrics

ESG Focus Areas

• Digitalization & AI for Sustainability
• Green Transition & Compliance
• Cybersecurity
• Employee Well-being
• Responsible Business Practices

Environmental Achievements

• Reduced Scope 2 emissions by 51%
• Reduced greenhouse gas intensity by 36%
• Reduced Scope 3 emissions by 14%
• Increased share of renewable electricity to 49%

Social Achievements

• Maintained low employee turnover
• Onboarded 62 new employees with high satisfaction (eNPS >50)
• Employee satisfaction rating of 4.1/5
• Zero accidents reported

Governance Achievements

• Implemented ISO 27001-based Information Security Management System (ISMS)
• Updated supplier management and procurement instructions
• Ensured compliance with EU Sanctions policy and foreign trade export restrictions
• Conducted Code of Conduct and security awareness trainings
• 44% of revenue is Taxonomy eligible and aligned according to Position Green analysis

Climate Goals & Targets

Environmental Challenges

• Scope 3 emissions data collection still under development
• Competition for professionals
• Keeping up with evolving sustainability regulations (CSRD, EUDR, RED-III)

Mitigation Strategies

• Collaboration with independent party for greenhouse gas reporting
• Focus on employee well-being and flexible work arrangements
• Developing products and services to comply with regulatory requirements
• Building capabilities to meet CSRD reporting requirements

Supply Chain Management

Responsible Procurement

• Updated supplier management and procurement instructions

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, UN Guidelines, Norvestor reporting guidelines, Finnish Accounting Act

Certifications: EcoVadis Supply Chain Sustainability Assessment

Third-party Assurance: Independent party for greenhouse gas reporting

UN Sustainable Development Goals

• SDG 8
• SDG 9
• SDG 12
• SDG 13
• SDG 7
• SDG 4
• SDG 5
• SDG 16

Pinja's digitalization services and solutions enable customers to operate more efficiently, improve business sustainability, and reduce environmental footprint. They also contribute to socio-economic impact by increasing safety and efficiency. Pinja serves energy and circular economy companies, improving plant efficiency and work productivity. They strive to reduce their own environmental footprint and promote responsible, ethical conduct.

Sustainable Products & Innovation

• Industry specific sustainability solutions