We have set two ambitious key targets for minimizing our greenhouse gas emissions.
- We reduce CO2 equivalent emissions in our own operations by 50% by the end of 2025 from 2018 level (scope 1 & 2 without compensation actions).
- We reduce carbon intensity in our value chain (scope 1 & 2 & 3) by 50% by the end of 2030 from 2020.
Effective land use reduces emissions
Currently 87% of Neova Group’s emissions in Finland are soil emissions. Our main efforts for reducing emissions from our own operation focus in implementing effective next land use for closed peat production areas.
Towards renewable electricity
Our main goals in reducing CO2 emissions in factory operations are increasing energy efficiency and reducing use of fossil fuels. Our aim is to move towards renewable electricity totally by 2025.
We have implemented CO2 emission reporting in our Group logistics and based on that data created an action plan for logistics CO2 reduction.
Emissions are counted according to international protocol
Neova Group greenhouse gas emissions are counted according to GHG Protocol and validated by external party. The carbon footprint calculation includes Neova Group and all its subsidiaries.