Oulun Energia takes care of the environment
Oulun Energia has assessed its impact on climate change and biodiversity, and has set targets to reduce these effects. Developing the circular economy is also important to us. Learn more about the actions we are taking to address environmental challenges.
Committed to midigating climate change
Our strategic objective is to achieve the net zero target by 2040, in line with the Science Based Targets (SBT) framework. The net zero target replaces our previous goal of achieving carbon neutrality by 2030. In accordance with the net zero target, we will reduce our total emissions by at least 90% from the 2022 baseline by 2040. We will offset the residual emissions that cannot be reduced. Read more about our objective and actions to midigate climate change.
Promoting biodiversity
We created the first biodiversity roadmap for the Oulun Energia Group in early 2024. The purpose of Oulun Energia Group’s biodiversity roadmap is to describe the objective and concrete actions with which we are responding to preventing the deteriorating state of biodiversity.
Developing of circular economy
One of Oulun Energia’s priorities is the development of circular economy solutions. Our subsidiary Syklo Oy aims to increase the amount of recyclable waste we use, and new ways are being developed to achieve this. Syklo´s vision is to grow and expand nationally and internationally, creating sustainable values for our customers and society. Read more about Syklo.
Key figures 2024
We have already achieved major results with our sustainability efforts. We have steadily increased the share of renewable energy, reaching 77% in 2024. We have reduced our carbon footprint by 41% in the last three years, and the in-scope emissions from our own operations totalled 225,871 tonnes in 2024.
We produce district heating using various sources of energy. In our district heating production, we utilise forest industry side streams, waste that is unsuitable for recycling and surplus heat. Specific emissions of CO₂ in district heating decreased by 43% in 2024. Over the last three years, they have already come down 52%.
To improve biodiversity, we formed 97 hectares of new wetlands in 2024 alone (64 hectares in 2023) and used ash to fertilise 385 hectares of former peat production areas (1,000 hectares in 2023). A total of 836 migratory fish traversed the Merikoski fish pass (876 in 2023).
