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.
Our focus on our suppliers’ climate actions increased at the beginning of 2020 when our Tokmanni variety discount retail chain adopted climate targets that have been officially approved by the Science Based Targets initiative (SBTi). In accordance with these targets, which are based on the Paris Agreement, our Tokmanni variety discount retail chain (now Tokmanni segment) is committed to, for example, ensuring that 80% of its suppliers (by spend, covering purchased goods and services) will have science-based targets by 2025.
As Tokmanni Group does not manufacture any products, there is a clear need for active cooperation with different kind of suppliers concerning climate impacts.
Out of our total emissions, over 99% come from the products and services we sell and from our supply chain. The remainder of our emissions are generated by our own operations, originating from the heating of our stores, warehouses, and administration and logistics centres.
At Tokmanni variety discount retail chain, we have carried out acclaimed work for a long time to reduce emissions in our own operations in particular. However, this is not enough, because in order to continue to strongly develop our climate work, it’s essential that we encourage and convince our suppliers as well to set genuinely impactful climate targets. This work is now in progress.
Sinituote is an exemplary partner in combatting climate change
Our dialogue with numerous suppliers has borne fruit: by the end of 2024, 48% of the Tokmanni segment’s suppliers, based on purchases, were committed to SBTi-compliant climate targets.
A good example of the impacts of collaboration is Sinituote, one of Tokmanni variety discount retail chain’s long-term Finnish partners. In 2022, Sinituote set impactful climate targets approved by the SBTi. Sinituote committed to calculating its Scope 3 emissions (emissions from its value chain and product lifecycles) and reducing them so that the company can contribute to limiting global warming to 1.5°C. At that time, Sinituote was already carbon-neutral in its Scope 2 emissions, which originate from the production of purchased energy (e.g., electricity and heating).
Sinituote has also stated that it is committed to producing 100% of its products from recycled or biobased plastic by 2030 as well as finding new recycled materials for products other than those made from plastic.
Sinituote’s climate actions strengthen our joint efforts to mitigate climate change. It’s been great to see how Sinituote’s decision to set science-based climate targets has encouraged many of our other suppliers to follow suit.
Did you know?
The Science Based Targets initiative (SBTi) is a joint project of the CDP, the UN Global Compact initiative, the World Resources Institute and the WWF.
The initiative encourages companies to make a commitment to science-based climate targets. Targets adopted by companies to reduce greenhouse gas 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°C, preferably to 1.5°C compared to pre-industrial levels, and to take action accordingly.
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