Our emissions mainly originate from heating our stores. We measure emissions precisely in our stores, administration and logistics centres, as well as in domestic and international transportation of products. 

For example, in 2024, the Tokmanni segment’s scope 1 emissions from its own operations decreased by 17.5% and market-based scope 2 emissions by 19.1% compared to 2023.

Key actions to achieve this goal included

• improving the energy efficiency of buildings
• installing solar power plants
• increasing the use of renewable energy.

For example, smart automation reduced gas procurement costs by over 30% in a pilot store, which corresponds to a reduction of 14 tCO2-eq in emissions. The energy efficiency of properties has also improved, and district heating consumption has decreased. The centralization of logistics warehouse operations in Mäntsälä in Finland, where our Tokmanni variety discount retail chain has two logistics centres, has also reduced the need for district heating. 

At the end of 2025, there were solar power plants installed in about 70 of our Tokmanni stores and on the roofs of our logistics centres in Mäntsälä, Finland. Whenever possible, we aim to install new solar panels when opening new Tokmanni stores or renovating old ones. For example, in 2025, we ordered the installation of new solar panels on the roof of one store. In 2025, the solar panels at our own sites produced 7,306 (2024: 5,208) MWh of solar electricity for our use and 1,197 (2024: 988) MWh for sale to the electricity grid. In 2025, the energy produced from the 34,595 solar panels on our own sites corresponded to 7.7% of our Group’s total electricity use.

To reduce energy and water consumption, our Tokmanni variety discount retail chain has increased building automation in stores. During 2024, we improved building automation in a total of 17 Tokmanni stores and also replaced the outdoor lighting with LED lights in 20 Tokmanni stores. Additionally, in 2024, we decided to implement the EG EnerKey energy management system. 

In addition to the solar electricity we produce and the carbon dioxide-free electricity we purchase, the carbon dioxide emissions from our Tokmanni segment’s electricity use were covered by carbon dioxide-free energy origin certificates in 2024. 

Aiming to keep the Tokmanni segment’s transport emissions at the 2015 level in relation to revenue  

In 2024, 17% (23%) of the Tokmanni segment’s product transport emissions were caused by Asian freight, 69% (61%) by domestic (Finnish) truck transport, and 14% (14%) by European sea and truck transport. We aim to centralize transport with long-term partners, with whom we continuously seek ways to reduce carbon dioxide emissions and other environmental impacts of transport. Centralization allows us to combine deliveries, optimize transport routes, and better utilize the carrying capacity of vehicles. 

Our Tokmanni segment’s goal is to keep transport greenhouse gas emissions at the 2015 level relative to revenue (11.5 t CO2 / M Eur) despite growth and expansion of the store network. The target was not achieved in 2024, as transport emissions were 14.3 t CO2 / M Eur. Domestic (Finnish) transport emissions increased, but emissions in international freight transport decreased. By transitioning to EcoDelivery transport, emissions from our Tokmanni segment’s Asian transport were 65% lower in 2024 compared to the previous year. 

Impactful climate work is based on climate targets in accordance with the Science Based Targets initiative (SBTi). 

Tokmanni Group has near-term climate targets, officially validated by the Science Based Targets initiative (SBTi) in November 2025. The targets extend to 2030 and are based on the latest climate science and aligned with the Paris Climate Agreement.

Scope 1 and 2 emissions

The most significant emissions from our Group’s own operations originate from the consumption of heat and electricity in properties. Our 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.

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.

In 2020, we published our previous science-based emissions reduction target regarding our own operations. In these targets, we were committed to reducing our absolute emissions from our 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 our Tokmanni segment, achieved its emission reduction target for its own operations in Finland. By the end of 2024, our 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 our Tokmanni stores and our logistics centres located in Mäntsälä, and obtain guarantees of origin for electricity.

Scope 3 emissions

The majority of our Tokmanni Group’s emissions are generated during the life cycle of products purchased and sold in the company’s value chain. Measuring production and use emissions is challenging, and our ability to influence them is limited. Therefore, we encourage our suppliers to engage actively in climate work and set their own science-based emission reduction targets.

For this reason, our 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 our previous goals set in 2020, Tokmanni, then operating a variety discount retail chain in Finland, committed to ensuring that 80% of its product and service suppliers (by spend) would have science-based targets by 2025. By the end of 2024, 47.6% of the suppliers in our current Tokmanni segment had set science-based climate targets.

Guided by our current climate goals, we continue discussions with our suppliers to reduce emissions in the supply chain.

amfori BEPI member

We are also developing the transparency and environmental responsibility of our supply chain as part of international initiatives. We are a member of the environmental program amfori BEPI and aim to encourage our suppliers in risk countries to join the program. BEPI’s environmental assessment is a good first step toward reducing factory-specific environmental impacts. 

* 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.”