Climate change mitigation is one of our strategic targets. Get to know our climate goals for 2030.
We updated our climate targets in 2022 and created a carbon roadmap to reduce emissions. The carbon roadmap contains four sets of measures covering the entire construction lifecycle, from sales and design control to procurement and site operations.
The built environment and construction consume around half of the world's natural resources and account for around 40% of energy consumption. Around a third of greenhouse gas emissions are caused by the use and construction of buildings.
* The target boundary includes land-related emissions and removals from bioenergy feedstocks.
In addition to committing SBTi targets, YIT aims to be carbon neutral in its own operations (scope 1-2). Therefore after reducing 90 of Scope 1 and 2 emission the remaining emissions are planned to be offset with nature based solutions that promote biodiversity.
In terms of its own operations, YIT has already succeeded in reducing emissions by 58% compared to 2019 by transitioning to renewable electricity with guarantees of origin. Carbon neutrality also requires switching to carbon neutral energy sources for our fleet and for the heating and cooling of our own properties. We urge our partners in the supply chain to contribute to achieving substantial emission reductions. For building materials, this applies in particular to concrete and steel products. The roadmap further covers developing our personnel's environmental expertise and updating the company's decision making and incentives system criteria.