Tieto, a prominent digital services and software company, is committed to achieving net-zero carbon emissions by 2025, demonstrating its dedication to reducing greenhouse gas (GHG) emissions. The company is actively implementing measures across its operations to reach this ambitious target and contribute to addressing climate change. In 2022, Tieto reported GHG emissions, with scope 1 amounting to 232 tCO2e, scope 2 GHG emissions (both location-based and market-based) totaling 7,803 and 2,785 tCO2e, respectively, and scope 3 emissions reaching 232,507 tCO2e.

Tieto aims to achieve an 80% reduction in market-based energy-related GHG emissions by 2023, with progress well on track. There has already been a 70% reduction from the base year 2020. By 2023, the goal is to use 100% renewable and carbon-free electricity in the company's offices and own data centers (Scope 2). In 2022, this target was nearly achieved at 95%, attributed to the increased use of renewable electricity in offices globally. It is worth noting that the company is focused on reducing its CO2 emissions as part of its Environmental, Social, and Governance (ESG) initiatives. The inclusion of CO2 emissions as a performance criteria in the company's Performance Share Plan highlights its commitment to addressing climate change.

Tieto has proactively initiated steps to reduce emissions and is poised to sustain these efforts in the future. The company has established a robust absolute reduction target, aiming for a 90% decrease in CO2 emissions within scope 1 and 2 by 2026, measured from the 2020 base year. Additionally, there is a commitment to reduce scope 3 GHG emissions from business travel by 47% per full-time employee by 2030 from a 2019 base year. Tieto is dedicated to achieving a renewable energy target, aspiring to elevate the annual sourcing of renewable electricity from 80% in 2020 to 100% by 2026. These commitments underline the company's active pursuit of reducing its carbon footprint.

In conclusion, Tieto is committed to achieving net-zero targets and reducing its GHG emissions. The company's focus on CO2 emissions in its Performance Share Plan demonstrates its dedication to sustainability and social responsibility. As Tieto continues its efforts towards emission reduction, it is expected to make further progress in aligning its operations with a low-carbon future.

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