Climate Change Data

Oy Ahola Group Ab

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:27.69 grams CO2e/tkm (2022)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:18.7% (all market areas)
Total Energy Consumption:0.45 MJ per tkm (2022)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced greenhouse gas emissions in road transport to 27.69 grams CO₂e/tkm in 2022 (target was 27.39 grams CO₂e/tkm), a reduction of 0.26 grams compared to 2021. Ahola Transport’s road transport emissions have been reduced by 63% compared to 2005.
  • 28.3% bio-based fuels used in Nordic countries and 18.7% in all market areas.
  • Invested in an environmentally friendly washing station minimizing water consumption.

Social Achievements

  • Established a well-being forum with employee representatives from all segments.
  • Continued Ahola Driver Certificate program to improve drivers’ skills.
  • Conducted bi-annual employee satisfaction surveys (8.2/10 in latest survey).

Governance Achievements

  • Established a separate compliance department in 2021 to monitor compliance with laws and requirements.
  • Implemented a whistleblowing system.
  • Annual materiality assessments conducted in every segment.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce road transport emissions to 27.15 grams CO₂e/tkm in 2023.

Environmental Challenges

  • Shortage of drivers in the transport business.
  • Increased costs for fuel, transport services, and personnel.
  • Lack of capacity in transport markets during certain periods.
  • Indirect effects of the war in Ukraine on customers and partners.
  • Unpredictable accidents in road transport and vehicle damage.
Mitigation Strategies
  • Built-in price adjustment mechanisms in customer agreements.
  • Good cooperation partners to minimize impact of capacity issues.
  • Streamlining operations and flexible adaptation to prevailing circumstances.
  • Personnel training and safety regulations.
  • Vehicle equipment improving traffic safety.
  • Interest-rate swap agreement to hedge financial risks related to loans.

Supply Chain Management

Supplier Audits: Planned to begin auditing existing suppliers on human rights and ethics in 2023.

Responsible Procurement
  • Ahola Way training for new suppliers
  • Supplier ethics must match Ahola's

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Nine out of the 17 Principles of the UN Global Compact incorporated into company policies.

Sustainable Products & Innovation

  • Digital services optimizing load capacity and minimizing empty kilometers

Awards & Recognition

  • Not disclosed