Climate Change Data

Vapo Group

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:1.2 million tonnes CO2 (2018)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:12,466 tonnes CO2e (Finland)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:1,304,284 m3 (2019)
Waste Generated:22,567 tons (2019)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Employee well-being

Environmental Achievements

  • Reduced impact on watercourses from peat production significantly (63% less solid matter, 70% less nitrogen, 60% less phosphorus)
  • 453 hectares of peat production areas moved to next land use: 356 hectares to afforestation and 97 hectares to wetlands
  • 100% of peat stockpile plastic recycled in Estonia in 2020
  • Minimized delivery of ash to landfill

Social Achievements

  • Launched a new Safety First! e-learning course, compulsory for all employees
  • Improved accident frequency rate (lost time accidents over million working hours) to 6.7 (from 6.9 in 2018)
  • Participated in the Great Place to Work survey for the first time, achieving a Trust Index of 63%
  • Created six new e-learning courses covering safety, sustainability, and ethics

Governance Achievements

  • Renewed and approved the Group’s corporate responsibility policy by the Board of Directors
  • Updated Vapo Group Supplier Code of Conduct

Climate Goals & Targets

Long-term Goals:
  • Net positive impact in operations and product/service use
Medium-term Goals:
  • Zero waste by 2030
  • Most inspiring/attractive workplace (Great Place To Work top quartile in Europe) by 2030
Short-term Goals:
  • 50% reduction in CO2 emissions in own operations by 2025
  • 75% renewable energy production by end of 2021 (Nevel)

Environmental Challenges

  • Decreasing demand for energy peat due to the price of emissions allowances and energy tax
  • Warm weather conditions in November-December reducing heating needs and fuel deliveries
Mitigation Strategies
  • Decided to discontinue energy peat production at 92 production sites
  • Investing in renewable fuels and digital services
  • Seeking emission reductions in logistics and production, improving energy efficiency of facilities
  • Implementing next land use for peat production areas

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Vapo Group Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Decreasing demand for energy peat
Opportunities
  • Growth in renewable fuels and digital services
  • New uses for land assets released from peat production

Reporting Standards

Frameworks Used: GRI Standards core scope

Certifications: ISO 9001, ISO 14001, PEFC, FSC, RHP, RPP, OHSAS 18001, Good Soil, BRL 9335-4/9341

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Activated carbon
  • Humic products
  • Growing media products

Awards & Recognition

  • Not disclosed