Climate Change Data

Vaisala Corporation

Climate Impact & Sustainability Data (1976 to 2013, 2016, 2020, 2021, 2022, 2023)

Reporting Period: 1976 to 2013

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:16,282 tCO2e/year (total)
Scope 1 Emissions:477 tCO2e/year
Scope 2 Emissions:1,257 tCO2e/year
Scope 3 Emissions:14,548 tCO2e/year
Renewable Energy Share:89.2%
Total Energy Consumption:20 GWh/year
Water Consumption:21,400 m3/year
Waste Generated:359 tons/year

ESG Focus Areas

  • Environmental Sustainability
  • Occupational Health and Safety
  • Supply Chain Management
  • Responsible Business Conduct
  • Community Outreach

Environmental Achievements

  • Reduced Scope 2 emissions by more than 80% or 5,279 metric tons of CO2-e compared to the 2014 baseline.
  • Maintained waste recovery rate at 98% in manufacturing sites.
  • 89% of electricity consumed originated from renewable energy sources.

Social Achievements

  • Launched Vaisala Giant Leap internship program.
  • Improved employee engagement index.
  • Reduced Total Recordable Injury (TRI) rate by 26% to a record low of 2.32 per 1 million hours worked.

Governance Achievements

  • Renewed International Anti-corruption Policy.
  • 90% of employees completed the new Code of Conduct training module.
  • Implemented a new EHS reporting system.

Climate Goals & Targets

Medium-term Goals:
  • Achieve 100% renewable electricity by 2020.
Short-term Goals:
  • Increase supplier coverage of ESG metrics to 90%.

Environmental Challenges

  • Weakening weather observation market conditions in EMEA and Latin America.
  • Slower than expected development and adaptation of Vaisala’s energy services.
  • Commoditization of certain products leading to deterioration of market prices.
  • Delays in new product ramp-ups and market acceptance of new offerings.
Mitigation Strategies
  • Reshaped Transportation business unit to simplify structure and improve profitability.
  • Focused Energy business unit on areas of more sustainable long-term competitive differentiation.
  • Strengthened business development capability by building a new team and launching agile business concept creation practices.
  • Continued investment in growth markets (life science and power transmission).

Supply Chain Management

Supplier Audits: 86% of suppliers rated on ESG-metrics (based on spend)

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Sustainability Self-assessment Questionnaire (SAQ)
  • Pre-assessment procedures
  • Guidance for suppliers
  • Audits and quarterly meetings with key suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Core

Certifications: ISO 14001

Third-party Assurance: Ernst & Young Oy

Sustainable Products & Innovation

  • Air Quality Transmitters
  • Optimus DGA Monitor

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:12,436 tCO2e/year (Scope 1-3)
Scope 2 Emissions:213 tCO2e/year (market-based)
Renewable Energy Share:100%
Total Energy Consumption:17.69 GWh/year
Waste Generated:340.9 tons/year
Carbon Intensity:33.9 tonnes CO₂e/MEUR net sales

ESG Focus Areas

  • Climate Change
  • Resource Efficiency
  • Renewable Energy
  • Occupational Health and Safety
  • Human Rights
  • Diversity and Equality
  • Anti-Corruption

Environmental Achievements

  • Reached target of utilizing 100% renewable electricity in facilities by the end of 2020.
  • Reduced Scope 2 emissions by 97% from 2014 baseline (market-based).

Social Achievements

  • Employee Engagement Index of 4.23/5.
  • Total Recordable Injuries rate (TRI) of 2.0 injuries per million working hours.
  • 83% of purchases from suppliers rated on ESG metrics.
  • 92% of purchases from suppliers who had signed the Supplier Code of Conduct.

Governance Achievements

  • 96% of employees completed Code of Conduct training by January 18, 2021.
  • No incidents of corruption, anti-competitive behavior, or other violations of laws or regulations identified.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacting order intake and slowing down project deliveries.
  • Challenges in the aviation industry decreasing demand for aviation weather solutions.
  • Larger austerity measures in the public sector than anticipated.
  • Industry consolidation and increased competition.
  • Slow growth of the remote wind sensing business.
  • Political, legislative, or regulatory changes.
  • Business continuity risks related to suppliers.
  • Cyber risk.
  • Long unavailability of IT systems.
  • Currency risk.
Mitigation Strategies
  • Adapting to the new global situation with new ways of working (remote work, virtual customer service).
  • Continued focus on product leadership, geographic and market diversity.
  • Highlighting the importance of investments in weather observations.
  • Developing project funding solutions.
  • Partnerships and local production in China.
  • Market and regulatory foresight.
  • Active supplier risk assessment and long-term supplier development plans.
  • Secured terms of payment.
  • ISO 27000 compliant Information Security Management System (ISMS).
  • Currency hedging.

Supply Chain Management

Supplier Audits: 21 suppliers audited during the year

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Sustainability Self-Assessment Questionnaire (SAQ)

Climate-Related Risks & Opportunities

Physical Risks
  • Exceptional weather conditions, storms, floods, and drought
Opportunities
  • Business opportunities from extreme weather conditions

Reporting Standards

Frameworks Used: GRI Standards: Core option, UN Global Compact

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Deloitte Oy

UN Sustainable Development Goals

  • SDG 7
  • SDG 9
  • SDG 11
  • SDG 12
  • SDG 13

Vaisala's solutions contribute to these goals through improved resource efficiency, safety, and informed decision-making.

Sustainable Products & Innovation

  • Indigo520 transmitter
  • HMP1 probe
  • Vaisala Jade Smart Cloud
  • Method for detecting power transformer air leaks
  • Vaisala Beacon weather station
  • Improved WindCube Nacelle
  • Wx Horizon road weather solution
  • Upgraded Global Lightning Dataset GLD360

Awards & Recognition

  • Finnish Quality Innovation Awards (MGP261 instrument)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:13,127 tCO2e
Scope 2 Emissions:143 tCO2e
Renewable Energy Share:100%
Total Energy Consumption:18,018 MWh
Waste Generated:436.7 tons
Carbon Intensity:30.0 tCO2e/MEUR

ESG Focus Areas

  • Climate change
  • Resource efficiency
  • Well-being and health

Environmental Achievements

  • Used 100% renewable electricity
  • Reduced emission intensity (Scope 1-3) to 30.0 tCO2e/MEUR (from 33.9 tCO2e/MEUR in 2020)
  • Achieved 55% waste recycling rate

Social Achievements

  • Employee engagement rate of 4.14/5
  • Total Recordable Injury Rate (TRI) of 2.2 injuries per million working hours
  • 90% of purchases from suppliers rated on ESG metrics

Governance Achievements

  • Ranked fifth out of 13,650 global companies in Sustainalytics' ESG comparison
  • Voted the most sustainable Finnish listed company by private investors

Climate Goals & Targets

Medium-term Goals:
  • Achieve an average annual net sales growth of 7% and an operating result margin (EBIT) of 15% during the next three years
Short-term Goals:
  • Increase waste recycling rate to 60% by 2022
  • Reduce Scope 3 emissions by 15% compared to 2019 by 2022

Environmental Challenges

  • Component shortage
  • COVID-19 pandemic
  • Geopolitical uncertainties
Mitigation Strategies
  • Active supplier management
  • Operational excellence
  • Remote work
  • Business continuity planning
  • Geographic diversity of business
  • Scenario planning and contingency planning

Supply Chain Management

Supplier Audits: 34

Responsible Procurement
  • Supplier Code of Conduct
  • ESG criteria for supplier selection

Climate-Related Risks & Opportunities

Physical Risks
  • Exceptional weather conditions, storms, floods, and drought
Opportunities
  • Business opportunities from climate change adaptation and mitigation

Reporting Standards

Frameworks Used: GRI Standards: Core option, Integrated Reporting Framework (IIRC)

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Deloitte Oy

UN Sustainable Development Goals

  • SDG 7
  • SDG 9
  • SDG 11
  • SDG 12
  • SDG 13

Vaisala's solutions contribute to these goals through improved resource efficiency, renewable energy, safer transportation, reduced waste, and climate change mitigation and adaptation.

Sustainable Products & Innovation

  • New multigas instrument for biogas upgrading
  • Next-generation humidity and temperature transmitter series
  • Wireless carbon dioxide measurement solution
  • Indigo510 Transmitter
  • Lidar ceilometer
  • Air quality sensor
  • Automatic weather station
  • State-of-the-art sounding system
  • Strike Damage Potential solution

Awards & Recognition

  • Financial Times’ listing of 300 European climate leaders
  • Sustainalytics’ global ESG comparison (5th place)
  • Voted most sustainable Finnish listed company by private investors

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:72,194 tCO2e/year
Scope 1 Emissions:481 tCO2e/year
Scope 2 Emissions:34 tCO2e/year (market-based), 2442 tCO2e/year (location-based)
Scope 3 Emissions:71,656 tCO2e/year
Renewable Energy Share:100%
Total Energy Consumption:18.66 GWh/year
Waste Generated:362.8 tons/year
Carbon Intensity:148 tCO2e/MEUR

ESG Focus Areas

  • Climate change
  • Renewable energy
  • Resource efficiency
  • Well-being and health
  • Diversity, Equity, and Inclusion (DEI)

Environmental Achievements

  • Committed to setting science-based targets to reduce greenhouse gas emissions aligned with the SBTi requirements.
  • Achieved 100% renewable electricity use.
  • Increased waste recycling rate to 66% (from 55%).
  • Reduced Scope 3 emissions (within the scope of the target) by 30% compared to 2019.

Social Achievements

  • Launched DEI strategy with ambitious targets for increasing diversity.
  • Employee engagement index of 4.2/5.
  • Donated EUR 100,000 to the Finnish Red Cross for humanitarian aid in Ukraine.
  • Donated USD 250,000 to the Community Foundation of Boulder County Wildfire Fund.

Governance Achievements

  • Renamed Remuneration and HR Committee to People and Sustainability Committee.
  • 96.2% of employees completed Code of Conduct training.
  • Two suspected violations of the Code of Conduct were investigated and resolved.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions (target year not specified).
Medium-term Goals:
  • Reduce greenhouse gas emissions (targets to be formulated in 2023, SBTi validation by 2024).
  • DEI targets (e.g., gender balance in management to 30% by 2026, 40% by 2030).
Short-term Goals:
  • Maintain 66% waste recycling rate.
  • Reduce the amount of waste generated.

Environmental Challenges

  • Challenging global market situation (energy and component shortages, inflation, war in Ukraine).
  • Global component shortage.
  • Uncertainty in the business environment.
Mitigation Strategies
  • Ceased all business in Russia and Belarus.
  • Focused on ensuring component availability.
  • Invested in the renewal of the Enterprise Resource Planning system.
  • Improved supply chain quality.
  • Added manufacturing capacity for high-growth products.
  • Revised travel policy to emphasize environmental aspects.

Supply Chain Management

Supplier Audits: 32/year

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Sustainability Self-Assessment Questionnaire (SAQ)
  • ESG risk assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters
Transition Risks
  • Changes in international trade policies
Opportunities
  • Solutions helping customers adapt to, mitigate, and increase understanding of climate change.
  • Solutions related to renewable energy.

Reporting Standards

Frameworks Used: GRI Standards, Integrated Reporting Framework (IIRC)

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Deloitte Oy

UN Sustainable Development Goals

  • Goal 7
  • Goal 9
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 3

Vaisala's solutions contribute to these goals through increased awareness, resource efficiency, and safety in societies.

Sustainable Products & Innovation

  • TMI100 immersion temperature transmitter
  • Indigo500 software
  • HMT370EX humidity and temperature transmitter
  • OPT100 multi-gas analyzer
  • C-band weather radar
  • WindCube Scan
  • Vaisala Xweather services (Wx Horizon, MapsGL, hyperlocal air quality forecast)

Awards & Recognition

  • Financial Times list of European Climate Leaders 2022 (5th place)
  • Carnegie Sustainability Award 2022

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:75,868 tCO2e/year (Scope 3)
Scope 1 Emissions:398 tCO2e/year
Scope 2 Emissions:80 tCO2e/year (market-based), 2,587 tCO2e/year (location-based)
Scope 3 Emissions:75,868 tCO2e/year
Renewable Energy Share:100%
Total Energy Consumption:21 GWh/year
Waste Generated:41.2 tons/year
Carbon Intensity:141 tCO2e/MEUR net sales

ESG Focus Areas

  • Climate change
  • Diversity, Equity, and Inclusion (DEI)
  • Responsible supply chains
  • Employee well-being
  • Environmental management
  • Occupational health and safety
  • Ethics and compliance

Environmental Achievements

  • Introduced new radiosonde models with 66% less plastic and biodegradable materials.
  • Used 100% renewable electricity.
  • Achieved a 67% waste recycling rate.
  • Finalized near-term science-based targets to reduce greenhouse gas emissions by 2030 (submitted to SBTi for validation).

Social Achievements

  • Employee engagement rate of 4.1/5.
  • Launched DEI training program and Employee Resource Groups.
  • Improved Helideck Monitoring System with real-time lightning data.
  • Launched new products addressing energy efficiency and sustainability in buildings (Vaisala GMD110).

Governance Achievements

  • Established a new whistleblowing channel.
  • 96% of employees completed Code of Conduct training.
  • Audited 22 suppliers for ESG compliance.
  • 91% of purchases from suppliers rated on ESG metrics.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (implied, not explicitly stated with a year).
Medium-term Goals:
  • Achieve 7% annual net sales growth and 15% EBIT margin (long-term targets).
Short-term Goals:
  • Reduce Scope 3 GHG emissions from value-added by 52% by 2030 (from 2021 baseline).

Environmental Challenges

  • Supply chain disruptions (though mitigated in 2023).
  • Market uncertainty, especially in Industrial Measurements.
  • Scope 3 emissions representing over 99% of total emissions.
  • Meeting DNSH criteria for pollution prevention and control in EU Taxonomy.
Mitigation Strategies
  • Developed alternative sourcing strategies.
  • Improved profitability in meteorology and aviation.
  • Finalized near-term science-based targets for emissions reduction.
  • Developed a preliminary emissions reduction plan and started implementation (e.g., piloting road transport instead of air).

Supply Chain Management

Supplier Audits: 22 audits/year

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Sustainability Self-Assessment Questionnaire (SAQ)
  • EcoVadis partnership for sustainability assessments
  • Monitoring of conflict minerals

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters
Transition Risks
  • Changes in regulations and trade policies
Opportunities
  • Increased demand for climate solutions
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, Integrated Reporting Framework (IIRC)

Certifications: ISO 14001, ISO 45001

Third-party Assurance: PricewaterhouseCoopers Oy (limited assurance)

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation, and infrastructure)
  • Goal 11 (Sustainable cities and communities)
  • Goal 13 (Climate action)
  • Goal 3 (Good health and well-being)
  • Goal 8 (Decent work and economic growth)
  • Goal 12 (Responsible consumption and production)

Vaisala's solutions contribute to these goals through improved resource efficiency, safety, and data-driven climate action (details in report).

Sustainable Products & Innovation

  • New radiosonde models with reduced plastic and biodegradable materials
  • Vaisala GMD110 carbon dioxide transmitter