Vieser Releases 2024 Sustainability Report

The 2024 report follows our first ever Sustainability Report 2023 and highlights our latest achievements in terms of Vieser’s sustainability targets and focus areas.

Highlights of 2024

In 2024, Vieser took steps forward to reach ambitious sustainability goals by e.g. reviewing the 2023 Double Materiality Assessment, developing Circular Economy practices and improving the quality and scope of CO2 emissions calculations data. In addition, Vieser significantly improved its Carbon Disclosure Project (CDP) scoring, exceeding the current SME standard.

Double Materiality Assessment

In the 2023 report we communicated about Vieser’s Double Materiality Assessment, conducted to identify, evaluate, and prioritize Vieser’s environmental and social sustainability impacts, risks, and opportunities on the medium-term horizon. As a result, six material topics were identified: climate change, resource use and circular economy, own workforce, workers in the value chain, consumers and end users, business conduct.

In 2024, the assessment and the six material topics were reviewed, and no changes were made.

In 2024, the assessment and the six material topics were reviewed, and no changes were made. The identified six material topics will guide Vieser’s sustainability efforts, and the 2024 report is also composed around the six material topics framework.

Vieser’s CO2 emissions calculations and CDP scoring

Since our previous and first Sustainability Report 2023, we have now improved the quality and the scope of CO2 emissions calculation data for 2024 reporting and aim to do so in the following years as well.

Vieser’s total carbon footprint in 2024 amounted to 809 tCO2e. Scope 1 & 2 generated 40 tCO2e (5%) and Scope 3 generated 769 tCO2e (95%). Scope 3 Category 1 stands for the majority of Vieser’s emissions (90%) . The newly added Purchased services stood for 21% of the Category 1 emissions. Purchased services were mainly calculated based on spend using NAICS 2024, as information was not available from the service providers. Vieser does not own any manufacturing facilities so Purchased goods CO2e were provided by its supply chain.

Vieser’s total carbon footprint in 2024 amounted to 809 tCO2e.

Based on our 2024 CO2 emissions calculations, we also reached a B scoring in CDP scoring for small and medium-sized enterprises, moving up from score D. This is the highest CDP scoring for SMEs in year 2024, and the most common CDP scoring for SMEs remains in the C to C- range.

CDP scoring is a system used by the Carbon Disclosure Project to evaluate and rank companies based on their environmental transparency and performance. CDP scores reflect how well companies disclose and manage their impact on climate change, water security, and deforestation.

Circular Economy

In 2024, Vieser started using recycled plastic for chosen products in production and switched to recycled plastic in packaging. Last year Vieser also launched a Circular Design handbook to influence the development of new products at an early stage when it is possible to have a major impact on the final product.

Own Workforce

The People Power Index, which offers an overall rating of the survey results, indicated an excellent performance for Vieser in 2024, reaching level seven (81.4/AAA) on a seven-point scale. Notably Vieser has outperformed the employers’ general norm in Finland for the past five years (2020–2024)*. In 2024, Vieser earned the “Most Inspiring Workplaces in Finland” recognition. This highlights our high level of employee dedication and the long-term, inclusive approach to operational development. The recognition is given annually to organizations that participate in the Eezy Flow PeoplePower® survey and achieve exceptional employee survey results.

In 2024, Vieser earned the “Most Inspiring Workplaces in Finland” recognition.

– I am pleased to report some concrete steps forward on our sustainability journey, including the significant improvement in our CDP ranking which, in quantitative measures, demonstrates that we’re on the right track towards a more climate-friendly business, says Janina Ollberg, Head of Portfolio, Supply Chain & Sustainability at Vieser.

Building a responsible business has been at the very heart of Vieser’s strategy for several years. Our ambition remains two-fold: We want to take every conceivable step to reduce our emissions to reach carbon neutrality by 2030 but also, crucially, dedicate time and effort into identifying true opportunities to create positive handprint by solving true problems.

– As a family company, we take our responsibility towards our stakeholders seriously and have a true will to create a lasting, positive legacy. I want to extend my heartfelt thanks to our sustainability team for their unwavering commitment to driving Vieser’s sustainability initiatives, including thorough sustainability reporting, forward, says Annika Jyllilä-Vertigans, CEO of Vieser.

Read the full Vieser Sustainability Report 2024

Read the full report

Vieser has a crucial role to play in prolonging the life cycle of buildings with first-in-class floor drain solutions. Vieser’s products have been manufactured in Finland since the beginning, 1973.

For more information, contact:

Tiina Pekola, Head of Marketing & Communications

+358 40 585 5107

tiina.pekola@vieser.fi