Climate Change Data

Raisio plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:83,100 tCO2e (Scope 3)
Scope 1 Emissions:50 tCO2e
Scope 2 Emissions:0 tCO2e (market-based)
Scope 3 Emissions:83,100 tCO2e
Renewable Energy Share:99.7% (of energy used in 2023)
Total Energy Consumption:77,800 MWh
Water Consumption:170,000 m3
Waste Generated:2,910 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmentally Friendly Packaging
  • Healthy Food
  • Food Professionals
  • Environment & Climate Action
  • Sustainable Food Chain

Environmental Achievements

  • Achieved 99.7% carbon-neutral energy solutions in own production facilities by the end of 2023.
  • 100% of consumer packaging is recyclable by the end of 2023.
  • Härkis® products received new packaging using 85% less plastic than the old packaging.
  • Elovena® snack biscuits' wrapping replaced with cardboard-recyclable material.

Social Achievements

  • Employee Net Promoter Score (eNPS) rose to 39.5.
  • Launched ‘In the Heart of Raisio’ training course to strengthen company culture.
  • Improved traceability of raw materials.

Governance Achievements

  • Launched a project to comprehensively identify and assess human rights risks in the supply chain.

Climate Goals & Targets

Long-term Goals:
  • Do away with plastic packaging altogether.
Medium-term Goals:
  • Report Scope 3 CO2 emissions and set targets to reduce them.
Short-term Goals:
  • All Raisio’s own production carbon neutral (achieved in 2023)
  • Increase recycling rate to 85% by the end of 2025 (achieved 87% in 2023)
  • At least 80% of products to be healthy alternatives by the end of 2025 (83% in 2023)

Environmental Challenges

  • Impact of climate change on harvests, affecting grain quality, availability, and price.
  • Impact of climate change and global situation on energy prices.
  • Serious workplace accidents and the stability and availability of competent employees.
  • Rising costs and weakening demand for consumer products.
  • Human rights risks in the supply chain, particularly in sourcing countries and raw materials associated with high risk of labor rights violations.
Mitigation Strategies
  • Investing in renewable energy and using production side streams for energy production.
  • Expanding the procurement area geographically in Finland and encouraging contract farmers to adopt practices that increase yield security.
  • Developing occupational safety and company culture, promoting well-being at work, and managing skills.
  • Implementing a project to identify and assess human rights risks in the supply chain and develop an action plan to manage them.
  • Procuring responsibility-certified soy, palm oil, and cocoa to minimize risks related to workers’ rights and environmental responsibility.

Supply Chain Management

Supplier Audits: Regular audits and supplier self-assessments.

Responsible Procurement
  • Raisio Supplier Code of Conduct, responsible sourcing principles, use of certified raw materials.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather phenomena impacting harvests.
Transition Risks
  • Changes in energy prices.
Opportunities
  • Development of energy-efficient products.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, BRC or FSSC 22000, Organic production, Kosher, Halal, RSPO Supply Chain, Certified Gluten Free

Third-party Assurance: EY

UN Sustainable Development Goals

  • Goal 3
  • Goal 9
  • Goal 10
  • Goal 12
  • Goal 13

Objectives of responsibility program are linked to these SDGs.

Sustainable Products & Innovation

  • New plant protein products (Härkis® Oat Balls and Härkis® Oat Mince Bolognese), new packaging for Härkis® and Elovena® products.

Awards & Recognition

  • Not disclosed