Enento contributes to a sustainable economy in society by enabling responsible lending and preventing excessive debt incursion through our credit information services. In addition, we make continuous efforts to reduce emissions from our own operations.
“In March, we launched a more comprehensive sustainability report than earlier as part of our Annual and Sustainability Review for 2024. The report, and the related double materiality analysis conducted in 2024, build a strong foundation for our sustainability strategy and action plan to contribute to a more sustainable society and reach our targets,” comments our Chief Financial Officer Elina Stråhlman.
Our current emissions
The carbon footprint of our operations is low, with total emissions of 2 026,0 tons CO2e (location-based) and 1 992,8 tons CO2e (market-based). As a data and intelligence company, our emissions are low and primarily related to purchased goods and services, such as IT and data vendor services, which represent around 85 percent of our total market-based CO2e emissions. Other significant European Sustainability Reporting Standards (ESRS) Scope 3 emission sources include business travel and employee commuting (9%). Our ability to directly influence these emissions is limited, but we continue active work internally and externally with our partners and suppliers to reduce emissions while balancing customer and business needs.
Our efforts and areas to reduce emissions
Our Environmental policy guides us in our commitment to reduce our emissions for example by promoting sustainable business travel and purchasing of goods and services. The policy also covers our partners and suppliers.
Emission of our suppliers
For 2024, our reported emissions for suppliers are primarily based on emissions factors sourced from global databases. Moreover, we also use actual supplier data when feasible. To reduce emissions in the future, it is very important to obtain actual emissions data from our suppliers. This will require strong collaboration with suppliers, updating supplier contracts accordingly and engaging with suppliers who can provide us with their emissions data.
Sustainable offices
Our largest offices, located in Helsinki (headquarters), Stockholm, and Oslo, operate using renewable energy. These main offices are designed to be energy-efficient, with optimized use of space. Our ability to influence energy consumption and sources is limited, as it depends on the energy supply conditions in each location and for some of our office premises on the decisions made by the landlords.
Commuting and business travelling
Our offices are strategically located in areas with excellent public transport options, supporting sustainable commuting. To reduce emissions from employee commuting, we have allowed remote work several days a week. Our Travel policy also encourages our personnel to use public transportation, instead of commuting by car.
Business flights are a significant source of emissions, along with other types of business travel such as transportation by taxi or private vehicles, and accommodation.
Our Travel policy also guides us to prefer, when possible, airlines that offer third-party certified Sustainable Aviation Fuel (SAF) tickets when business-critical travelling is needed. SAF is a liquid fuel currently used in commercial aviation which reduces CO2 emissions by up to 80 percent. Use of SAF is an emerging market trend that requires greater demand to thrive. By supporting the use of SAF, we send a strong message to the aviation industry and are supporting the European Green Deal target to increase the share of SAF in aviation fuel.
From 2025 onwards, all our company cars will be leased. Our leasing car policy emphasizes vehicle options with lower environmental impact such as electric cars.
Using IT equipment in a smarter way
Our IT equipment policy emphasizes environmental requirements, circularity and energy efficiency criteria for future purchases. By prioritizing the reuse, refurbishment and recycling of electronic devices, and educating people about efficient IT resources usage, the IT department has advanced in our efforts to minimize e-waste and contribute to environmental conservation.
The policy has also led to the adoption of energy-efficient hardware and software solutions, along with cost savings achieved through bulk shipments. In cooperation with vendors, our IT department focuses on sustainable and ethically sourced hardware materials.
Further information
You can read more about our a double materiality assessment conducted in 2024 and its results in our Annual and Sustainability Review 2024.
Our finance team lead by our CFO Elina Ståhlman coordinates our sustainability strategy and reporting.
