Tokmanni leads the way in climate work and encourages its suppliers to combat climate change – Finnish company Sinituote has taken up the challenge and has set science-based climate targets

Tokmanni     Press release     10 October 2022 at 5:00 p.m.

Sinituote, a Finnish company, is one of Tokmanni’s long-term partners. Following suit with Tokmanni, Sinituote has set science-based climate targets officially approved by the Science Based Targets initiative (SBTi).

In 2020, Tokmanni, Finland’s largest variety discount retailer, became a global pioneer by adopting climate targets that are officially approved by the Science Based Targets initiative (SBTi). Since then, Tokmanni has also encouraged its suppliers to set their own climate targets. Sinituote is one of the Finnish companies that have taken up the challenge.

Through its climate targets, which are based on the Paris Agreement, Tokmanni supports the Business Ambition for 1.5 °C campaign and is committed to limiting global warming to no more than 1.5 degrees Celsius in its own operations. Tokmanni is committed to reducing absolute emissions (Scope 1 and Scope 2, GHG Protocol) from its operations by 70% by 2025 compared with the 2015 base level. Tokmanni is also aiming to achieve carbon neutrality in its own operations (Scope 1 and 2 emissions) in 2025.

The international Science Based Targets initiative encourages companies to carry out their climate actions in accordance with the emissions reduction targets set out in the Paris Agreement. In Tokmanni’s case, the initiative confirms that the variety discount retailer’s emissions reduction targets are aligned with climate research and sufficiently contribute to limiting global warming to 1.5 degrees Celsius.

“By the end of 2021, we had reduced emissions from our own operations by 63% compared with 2015. Key measures included improvements in energy efficiency and the acquisition of renewable electricity,” says Emilia Koski, Head of Corporate Responsibility at Tokmanni.

The emissions from Tokmanni’s own operations currently arise from the heating of its stores, warehouses and administration and logistics centre.

“We believe we will achieve our science-based climate targets by increasing the use of renewable energy and improving the energy efficiency of our stores, warehouses and administrative and logistics centre, and by encouraging our suppliers to set science-based climate targets,” says Koski.

“Emissions can only be reduced through concrete action. We only purchase zero-emission electricity, and we have installed more solar panels on the roofs of our stores, most recently this autumn. We have also paid attention to our energy efficiency by switching off our outdoor and advertising lights earlier than before and controlling ventilation units more closely.”

Suppliers’ climate efforts are also important
– The Finnish company Sinituote is one of Tokmanni’s partners that have set science-based climate targets

In addition to reducing emissions from its own operations, Tokmanni is committed to ensuring that 80% of its suppliers by spend, covering purchased goods and services, will have science-based targets by 2025.

To achieve this goal, Tokmanni engages in active dialogue with its suppliers.

“Emissions related to Tokmanni’s supply chain and the products sold by Tokmanni constitute the majority of its total emissions. For this reason, it’s particularly important for us encourage our suppliers to set ambitious climate targets,” says Koski.

Of the suppliers covering purchased goods sold by Tokmanni, 43% (by spend) had set science-based climate targets by the end of 2021.

Sinituote, Tokmanni’s long-term partner in Finland, is one of the companies that have recently joined this group. Through its science-based climate targets, Sinituote is committed to determining its Scope 3 emissions (total emissions from its subcontracting chain and product life cycles) and reducing them so that the company can contribute to limiting global warming to 1.5 degrees Celsius. In terms of Scope 2 emissions, Sinituote is already carbon neutral.

In addition, Sinituote is committed to producing 100% of its products from recycled plastic or bio-based plastic by 2030 and finding new recycled materials for products other than those made from plastic.

“The global climate crisis concerns us all, and we must find more sustainable ways of consumption. The only way to balance the planet’s carrying capacity and control climate change is a transition to a circular economy where value is created in a carbon-neutral manner and materials are always either reused or composted,” says Johanna Hamro-Drotz, CEO of Sinituote.

According to Hamro-Drotz, Sinituote continuously seeks to innovate new ways to make its products more sustainable.

“For example, compared with traditional detergents, our new cleaning detergent tablet reduces carbon dioxide emissions from transport by 98.7% and plastic waste by 99.9%,” Hamro-Drotz points out. “The use of recycled plastic reduces a product’s climate emissions by 60%, and our concept of dish brushes and toilet brushes with replaceable heads has already reduced plastic waste by more than a million kilos in Finland.”

Sinituote is a widely known and respected company among Finns. Its work to promote sustainability is very practical and relevant, says Koski.

“Science-based climate targets are helping Sinituote reduce its greenhouse gas emissions while also contributing to our goals. We are certain that their decision will encourage our other Finnish and international suppliers to set science-based goals,” says Koski.

“The global climate crisis concerns us all, and we must find more sustainable ways of consumption,” says Johanna Hamro-Drotz (left), CEO of Sinituote. Emilia Koski (right), Head of Corporate Responsibility at Tokmanni, believes that Sinituote’s decision to set science-based climate targets will encourage Tokmanni’s other suppliers to follow suit.

Science Based Targets initiative in brief

• The Science Based Targets initiative is a joint project between the CDP (formerly the Carbon Disclosure Project), the UN Global Compact initiative, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
• The initiative encourages companies to make a commitment to science-based climate targets. Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered “science-based” if they are in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement. The goal of the Paris Agreement, which was adopted in 2015, is to limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared with pre-industrial levels, and pursue efforts accordingly.

More information about Tokmanni’s sustainability work is available at ir.tokmanni.fi/en/sustainability.


TOKMANNI


For further information, please contact:


Emilia Koski
Head of Corporate Responsibility
Tokmanni

Tel. +358 40 132 6847
emilia.koski(at)tokmanni.fi


Maarit Mikkonen
Head of IR and Communications
Tokmanni

Tel. +358 40 562 2282
maarit.mikkonen(at)tokmanni.fi


Marika Saarinummi
Marketing Manager
Sinituote

marika.saarinummi(at)sinituote.fi


Tokmanni is Finland’s leading variety discount retailer. Some 4,100 Tokmanni employees make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of Finnish and international brand-name products and other high-quality products at prices that are always affordable. With around 200 stores around Finland and an online store, Tokmanni is always close to its customers. In 2021, Tokmanni’s revenue was EUR 1,142 million, and its comparable EBIT amounted to EUR 106 million. Tokmanni’s shares are listed on Nasdaq Helsinki.