Tokmanni Group is taking its science-based climate work, which has achieved truly impressive results in Finland, to next level and extending it to all countries where it has stores. Tokmanni Group’s near-term climate targets, approved in November 2025 and extending to 2030, are based on the latest climate science and are aligned with the Paris Climate Agreement.
Tokmanni Group’s science-based near-term climate targets, officially validated by the Science Based Targets initiative (SBTi), apply to emissions from the Group's own operations (scope 1 and 2) and other indirect emissions from the Group’s operations (scope 3). The Group’s emission reduction targets for its own operations are in line with the Paris Climate Agreement and aim to contribute to limiting the increase in global temperature to 1.5 degrees.
In terms of its own operations, Tokmanni Group has committed to reduce its absolute scope 1 ja 2 CHG emissions with 42% by 2030 from a 2024 base year*. The climate targets for own operations cover business operations in all the Group’s current operating countries where the Group has stores. Currently, these are Finland, Sweden and Denmark.
The most significant emissions from the Group’s own operations originate from the consumption of heat and electricity in properties. The Group aims to reduce these emissions and other climate emissions from its own operations through various energy efficiency measures, by switching to the use of electricity from fossil-free sources in all its domestic markets, and by increasing the share of renewable energy in the company's energy use.
Tokmanni Group has already made impactful emission reductions in its own operations in Finland. In 2020, the company published its previous science-based emissions reduction target regarding its own operations. In its targets, the company was committed to reducing its absolute emissions from its own operations (Scope 1 and 2) by 70% by 2025 from a 2015 base year. At the time the target was announced, Tokmanni operated a discount retail chain in Finland. This Finnish business, now known as the Tokmanni segment, achieved its emission reduction target for its own operations in Finland. By the end of 2024, the Tokmanni segment had reduced emissions from its own operations by 71.5%. The target was achieved through long-term efforts to improve energy efficiency, increase the use of renewable heat, switch to fossil-free electricity in all Tokmanni stores and the logistics centres located in Mäntsälä, and obtain guarantees of origin for electricity.
Since the majority of Tokmanni Group’s emissions are generated during the life cycle of products purchased and sold in the company’s value chain, it is of utmost importance that the Group encourages its suppliers to set their own science-based climate targets. For this reason, Tokmanni Group has committed in its latest climate targets that 80.0% of its suppliers by spend covering purchased good and services and upstream transportation and distribution will have science-based targets by 2030.
In its previous goals set in 2020, Tokmanni, then operating a variety discount retail chain in Finland, committed to ensuring that 80% of Tokmanni’s product and service suppliers (by spend) would have science-based targets by 2025*. By the end of 2024, 47.6% of the suppliers in the current Tokmanni segment had set science-based climate targets.
Going forward, the Group will strengthen its collaboration with suppliers to achieve this goal. This effort is supported by the recent establishment of a unified sourcing and buying organisation, which enables more effective engagement and alignment across the supply chain.
“Companies have a significant opportunity and responsibility to combat global warming. Tokmanni Group has grown substantially after its previous climate targets were set in 2020. We have expanded into Sweden and Denmark through the acquisition of the Dollarstore variety discount retail chain. The growth has impacted our climate work. It is natural that our new science-based targets set at the end of 2025 now cover the Group’s operations in all countries where it has stores,” says Kaisa Mattson, Group Head of Sustainability at Tokmanni Group.
“By committing to ambitious, science-based climate targets across our entire company, we are reaffirming that we want to continue to play an active role in the fight against climate change,” she adds.
Since 2024, Tokmanni Group has reported its sustainability impacts, risks and opportunities related to climate change in its sustainability statement in accordance with CSRD. In addition, the Tokmanni variety discount retail chain has participated in the CDP climate assessment for six years. In the assessment conducted in 2024, the Tokmanni variety discount retail chain received a CDP score of B.
About the Science Based Targets initiative:
The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.
SBTi develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest.
The SBTi is incorporated as a charity, with a subsidiary which will host our target validation services. SBTi partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wildlife Fund (WWF).
* The near-term climate targets were approved by the Science Based Targets initiative in the original English language on 14 November 2025. “Near-term: Tokmanni Group commits to reduce absolute scope 1 ja 2 CHG emissions 42.0% by 2030 from a 2024 base year. Tokmanni Group also commits that 80.0% of its suppliers by spend covering purchased good and services and upstream transportation and distribution, will have science-based targets by 2030.”
Read more about Tokmanni Group’s sustainability work at tokmannigroup.com/sustainability and the Science Based Targets initiative at sciencebasedtargets.org.
TOKMANNI GROUP CORPORATION
For further information, please contact:
Kaisa Mattson
Group Head of Sustainability
Tel. +358 20 728 6765
kaisa.mattson(at)tokmanni.fi
Maarit Mikkonen
Head of IR and Communications
Tel. +358 40 562 2282
maarit.mikkonen(at)tokmanni.fi
In Finland, calls to a number beginning with +358 20 will be charged according to the local network charge or mobile phone fee defined in the subscription contract. Calls from abroad costs will be charged according to the normal international call fee defined in the subscription contract.
Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics. More than 6,000 employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of nordic and international brand-name products and other high-quality products at prices that are always affordable. With more than 380 Tokmanni, Dollarstore, Big Dollar, Click Shoes and Shoe House stores and online stores, the Group is always close to its customers. In addition, the Tokmanni Group has had exclusive rights to sell SPAR products and operate the SPAR brand in Finland since 2025. In 2024, the Group's revenue was EUR 1,675 million and comparable EBIT amounted to EUR 100 million. The Tokmanni Group Corporation's shares are listed on Nasdaq Helsinki.
