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Sustainability

Sustainability is at the core of not only Geonova's own operations but also the services it provides. In developing its responsibility efforts, Geonova considers the environment, people, and society, as well as good governance (ESG framework)

Geonova's sustainability policies and principles

The following policies and principles guide our responsibility work:

Code of Conduct

Sustainability principles

 

Materiality analysis

 

Principles of stakeholder participation

 

Health and safety principles

 

Code of Conduct for Suppliers and Subcontractors 

 
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Key sustainability topics for Geonova

As a result of our materiality analysis, we have identified the following key responsibility topics for Geonova:

Environment

  • Greenhouse gas emissions and carbon neutrality
  • Climate risks and resilience
  • Energy consumption
  • Biodiversity
  • Emissions (air, water, land)
  • Use of natural resources, resource efficiency and waste management
  • Noise pollution

Social

  • Human rights
  • Health, well-being and safety at work
  • Workers' rights
  • Diversity, equality, inclusion (DEI)
  • Stakeholder involvement
  • Community development and local employment

Governance

  • Prevention of corruption and bribery
  • Information security and privacy
  • Responsible procurement and supply chain management
  • Remuneration policies
  • Transparency and reporting
Geonovan Scope 1 and Scope 2

Our goal is to be a significant influencer in our industry

We strive for the largest possible carbon handprint and the smallest possible carbon footprint.

We have calculated our Scope 1 and Scope 2 emissions and are currently working on calculating our Scope 3 emissions.

Based on our emissions calculations, a reduction target and an implementation plan will be finalized by the end of 2025.

Together with our customers, we have so far

Increased energy efficiency

15 159 MWh

Saved energy costs

1 218 400 €

Reduced emissions

2 439 t CO₂

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Sustainability of the services provided by Geonova

Our carbon handprint is best reflected in the positive environmental impacts and emission reductions achieved by our customers.

Going forward, Geonova will provide its customers with an annual report on the environmental impact of the services provided. The report will include, among other aspects:

  • CO₂ emission reduction

  • Energy consumption (produced energy)

  • COP (Coefficient of Performance for heat production efficiency)

Contact Us

Are you interested in learning how your property could switch to geothermal heating with no upfront investment? Leave us a message, and we’ll get back to you as soon as possible!

  • +358 29 7031 0950
  • Valimotie 17-19, 00380 Helsinki