Sustainablity strategy

The sustainability strategy 2022-24, approved in March 2022, sets clear sustainability targets for the operations of Kesko and its three divisions. The focus areas of the sustainability strategy are climate and nature, value chain, our people, and good governance.

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Vision

We enable sustainable choices for our customers and drive change throughout the value chain

Focus areas and key actions

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Key performance indicators

Topic

Target

KPI

Year 2022

Additional information

Climate

Achieve carbon neutrality in 2025 and make own operations emission-free by the end of 2030

Carbon dioxide emission in tCO2e

75,500
tCO2e

During 2025–2030, we will offset the emissions generated. We will continue to take measures to reduce emissions towards zero by the end of 2030, after which we will have no need for offsets.

Require 67% of our suppliers by spend to have science-based emissions reduction targets by the end of 2026

% of suppliers (CDP)

27.7%

In 2022, we called on our 364 suppliers and service providers to cut emissions and report on their climate targets and actions through the CDP Climate Change
Questionnaire. Out of the invited suppliers by spend 27.7% had approved, science-based emissions reductions targets.

Supply chain

Ensure social responsibility in the production of directly imported goods from high-risk countries by assuring them 100% with appropriate audits by 2024

% of audits

91.5%

Kesko’s grocery trade and building and technical trade require all of their direct
suppliers in risk countries to have an approved audit when the cooperation begins.
Social responsibility audits are used to assess the safety of working conditions in
production, the salaries and working hours of employees and their rights of
freedom of association and collective bargaining.

Sustainable products

Increase the share of sustainable products in net sales by 2024

% of sustainable products in net sales

39%*
grocery trade
21%
car trade

We have made our own classification of products and capital expenditure in each
division that are sustainable from a climate and/or biodiversity perspective. For the building and technical trade, the percentage of sustainable products in net sales is not yet available. Our own classification of sustainable products complements the turnover reported in accordance with the EU Taxonomy.


*excl. Kespro’s sales data

People

Conduct actions to support our people’s health, wellbeing and capabilities by the end of 2024

Wellbeing index

81*

The progress towards the target was measured by the renewed wellbeing index in the Our People survey, which we conducted in all operating countries in November 2022.
The index covers the various aspects which influence the personnel’s wellbeing and
job satisfaction.

*scale 0-100, Our People 2022 survey

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