Sustainable products

30.03.2022

We have classified the products and investments in each division that are sustainable from a climate and/or biodiversity perspective. We define sustainable products as those which have a significantly smaller impact on the climate or biodiversity than comparable products or which are important for adapting to climate change or preventing the loss of biodiversity. We report investments which decrease emissions from our own operations or emissions caused by our customers’ actions.

Sustain-
able
products
of the grocery
trade

Sustain-
able
products
of the building
and technical
trade

Sustain-
able
products
of the car trade

Although we are still developing our monitoring systems, we present the share of net sales of products that are compliant with our classification in the grocery and car trade divisions in 2021.

Sustainable investments in Finland

Investments in properties’ energy efficiency and solar power plants for own energy production
K Charge stations
Vehicles with low and zero emissions in K-Auto’s leasing fleet

Sustainable investments in 2021, total: 36 million euros.

EU Taxonomy

We report our own division-specific view of sustainable products and investments, which differs in part from the definitions of EU taxonomy. The EU taxonomy defines a set of criteria for a business activity that enables assessing to what extent the company’s activities support the attainment of environmental and climate objectives. The taxonomy does not currently specifically mention activities that are typical of the trading sector, meaning that trading sector companies report on the aforementioned activities within taxonomy scope if they engage in them. The sales of goods do not fall within taxonomy scope. Leasing operations in car trade have been identified as taxonomy-eligible.

Kesko reports information in line with the EU taxonomy as part of the Report by the Board of Directors in compliance with Regulation (EU) 2020/852 of the European Parliament and of the Council (18 June 2020).