Climate – environment
“Our goal is to be a leader in sustainability in the discount retail sector in Northern Europe.”
We are progressing in our climate work according to plan.
Sirpa Huuskonen, Chief People, Culture and Sustainability Officer, Tokmanni Group
Tokmanni Group is in the first wave of companies publishing report based on EU’s CSRD regulation. The most material environmental impacts for the Group are related to climate and circular economy. We particularly focus on reducing greenhouse gas emissions from our own operations and logistics, improving energy efficiency, and transitioning to renewable or carbon-free energy. We also collaborate with our suppliers to reduce emissions in our supply chain. We report on our climate change mitigation and energy consumption goals and measures in section E1 of the ESRS report.
We aim to promote circular economy primarily through material efficiency. We strive to optimize the amount of packaging materials, reduce food waste, and ensure that as much of the generated waste as possible is recycled or reused. We discuss these efforts in section E5 of the ESRS report.
Due to businesses acquired in 2023, Tokmanni Group is in a transition phase in the integration of Dollarstore and Big Dollar as well as Click Shoes and Shoe House operations into its sustainability target setting and reporting. Tokmanni Group consists of Tokmanni and Dollarstore segments. Tokmanni segment operates in Finland and consists of Tokmanni stores, Click Shoes stores and Shoe House stores, as well as Tokmanni and Click Shoes online stores. When referring to Shoe House and Click Shoes store chains, name Shoe House is used to cover both shoe store chains, unless otherwise stated. Dollarstore segment operates in Sweden and Denmark and consists of Dollarstore and Big Dollar stores.
Our work is guided by ambitious climate targets in line with the Paris Agreement
At the end of 2024, Tokmanni segment achieved its 2020 climate target validated by the Science Based Targets initiative (SBTi) and reduced emissions from its own operations by 71.5% compared to the 2015 baseline year. This goal was achieved through
- long-term efforts to improve energy efficiency
- increase the use of renewable heating
- transition to carbon dioxide-free electricity
- acquire certificates for emission-free energy, such as guarantees of origin for electricity.
In addition, we purchase fossil-free electricity for our Tokmanni stores, and the store ligthning in our Tokmanni stores is implemented with LED technology.
We have decided to set a new SBTi commitment for the entire Tokmanni Group covering both our own operations and our value chain. Since a significant part of our emissions comes from our supply chain, it is very important for our suppliers to participate in climate work. By the end of 2024, 48% of the Tokmanni segment’s suppliers, based on purchases, were committed to SBTi-compliant climate targets. Therefore, we did not yet achieve the 80% target for supplier commitment, but our journey continues, and we believe that the goal can be reached during the next strategic period.
Starting from 2024, we will report on our sustainability impacts and the risks and opportunities related to climate change in our sustainability report in accordance with CSRD. We have also participated in the international CDP climate assessment already six times. We received a grade of B for the publication concerning the Tokmanni variety discount retail chain made in 2024.
When we talk about Climate,
we are talking about these topics in particular:
We combat climate change together with our suppliers
We take climate change seriously, and reducing emissions is one of our key sustainability priorities at Tokmanni Group. Since we do not manufacture the goods we sell, it is particularly important that we encourage our suppliers to set ambitious science-based climate targets.
Which sustainability topics would you like us to tell more about?
Tell us, for example, via Tokmanni’s customer service, we would like to hear from you!