Climate services

Climate services

Our climate services cover a comprehensive range of tools and solutions to help your business to move towards a more sustainable business and build trust among investors and financing providers.

Our services include the following, tailored to your goals:

  • Net Zero or climate road maps and ESRS-aligned transition plans with emission reduction targets 
  • emissions accounting in accordance with the GHG Protocol 
  • product-specific carbon footprints or handprints 
  • climate scenarios and resilience analysis 
  • EU Taxonomy strategy and monitoring systems. 
Our specialised and experienced experts are ready to help. Let’s work together to design a plan for your company to help us to achieve sustainability goals efficiently and effectively.

Carbon footprint calculation is a process that measures the greenhouse gas emissions caused by an organisation, product or service. With the calculations, we help your organisation to identify emission sources, set reduction targets and develop strategies to reduce environmental impacts. Emissions calculations also enable other aspects of sustainability to be reviewed and optimised at the same time. For example, we can include value chain optimisation, resource efficiency or waste minimisation in the calculation. 

We use the GHG Protocol for emissions calculation. It is the most common standard used for emissions calculation. It provides a unified approach to emissions calculation and reporting and divides emissions into three main categories: Scope 1, Scope 2 and Scope 3. These allow organisations to assess and manage all of their own emissions and those of their value chain. 

Scope 1, 2 and 3 calculations refer to the assessment of emissions from different areas. Scope 1 covers direct emissions that arise from the organisation’s own operations (e.g. combustion of fuel in plants and vehicles owned and controlled by the companyScope 2 refers to purchased electricity, district heating and district cooling. Scope 3 is the broadest and covers all other indirect emissions, such as emissions from the operations of suppliers and clients in the value chain. 

We offer organisation-wide Scope 1, 2 and 3 emissions calculations and product-specific emissions calculations. Greenhouse gas emissions can also be calculated for an individual event, scenario or emission reduction target, for example. We also support your company in the monitoring of emissions and emission targets. 

Climate scenarios are the foundation of a company’s climate work. They help you to outline the future and assess how your company’s operating environment will change in different climate change situations, combined with the political ambition level you set.

We provide a tailored scenario analysis to help you to understand the risks and opportunities of climate change for your business. The analysis is based on the TCFD (2017) recommendations, is compatible with ESRS and supports double materiality analysis. We can also create your own scenarios to help you to answer your company’s specific questions and support your strategy development.

Climate change resilience analysis is a tool that helps you to understand how the pressures and risks posed by climate change affect your company’s ability to adapt to change. The analysis also helps you to identify actions to reduce financial losses and take advantage of opportunities. This is referred to as a resilience plan. The purpose of the plan is to analyse how well the company is able to protect its operations and assets from the risks related to climate change, how the financial risk can be reduced and what resources are needed to manage risks.

The resilience plan complements the scenario analysis and the transition to low-carbon operations, reducing risks and utilising opportunities that arise in different scenarios. The resilience analysis uses climate scenarios to foresee the future impacts of climate change and identify areas where resilience is weak. Climate scenarios, therefore, provide a basis for resilience analysis, as they help to identify potential risks and develop sustainable solutions that improve the company’s ability to adapt to the challenges of climate change. 

We help your company to carry out and monitor its resilience analysis. The analysis can be used, for example, when implementing new policies and planning climate strategies. An anticipated and avoided risk is the best kind of risk.  


We support your company in preparing a climate roadmap, or low-carbon roadmap, to achieve the carbon neutrality or Net Zero goal. 

Carbon neutrality refers to a state where the combined impact of greenhouse gas emissions and sinks is zero, i.e. a company’s operations do not change the greenhouse gas concentration in the atmosphere. This is achieved by reducing and offsetting emissions throughout the value chain. Often, this means optimising the value chain, which can involve various targets and, for example, aim to reduce operating costs and exploit new business opportunities. 

The transition plan required by the CSRD includes sector-specific emission reduction targets (e.g. energy, transport and industry) set on the basis of calculated emissions (Scopes 1, 2 and 3), which limit global warming to 1.5 degrees. The transition plan includes concrete measures, resources and a timetable for achieving the objectives. Whether your goal is to meet CSRD requirements or create a comprehensive climate strategy, we support you in meeting regulations, reducing climate risks and improving your competitiveness in a sustainability-based market. 

 


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Vesa Vuorinen

IFRS Country Leader
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