Helen
Helen Ltd, headquartered in Helsinki, Finland, is a leading energy company that has been at the forefront of sustainable solutions since its establishment in 1909. With a strong presence in the Nordic region, Helen focuses on providing innovative energy services, including district heating, electricity, and renewable energy solutions. The company is renowned for its commitment to sustainability, leveraging cutting-edge technology to reduce carbon emissions and enhance energy efficiency. Notable achievements include significant investments in renewable energy sources, positioning Helen as a key player in Finland's transition to a greener economy. With a diverse portfolio of services tailored to meet the evolving needs of its customers, Helen continues to set industry standards, making it a trusted name in the energy sector.
DitchCarbon Score
How does Helen's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Petroleum Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Helen's score of 35 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Helen's reported carbon emissions
In 2023, Helen Oy reported total carbon emissions of approximately 2,410,074,000 kg CO2e, with Scope 1 emissions accounting for about 1,656,084,000 kg CO2e, Scope 2 emissions at approximately 118,542,000 kg CO2e (market-based), and Scope 3 emissions reaching about 635,448,000 kg CO2e. The previous year, 2022, saw total emissions of about 3,421,457,000 kg CO2e, indicating a significant reduction in emissions over the year. Helen has set ambitious climate commitments, aiming to reduce Scope 1 emissions by 80% by 2025 from a 1990 baseline. Additionally, they plan to achieve a 77% reduction in Scope 1 and Scope 2 emissions per MWh of electricity and heat produced by 2030, using 2019 as the base year. The company is also targeting carbon neutrality in energy production by 2030 and aims to phase out coal usage by 2025 through the conversion of coal-powered boilers to pellet-powered systems. These initiatives reflect Helen's commitment to sustainability and reducing its carbon footprint, aligning with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that Helen Oy independently reports its emissions and climate strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,237,626,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 7,353,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 808,128,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Helen is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
