Talouselämä is the first journalistic print publication in Finland to go carbon neutral

Alma Media Corporation            Press release 18 September 2020

TALOUSELÄMÄ IS THE FIRST JOURNALISTIC PRINT PUBLICATION IN FINLAND TO GO CARBON NEUTRAL

The largest financial magazine in the Nordic countries, Talouselämä, published by Alma Talent, will be Finland’s first journalistic print publication to turn carbon neutral on Friday, 25 September 2020. The carbon footprint from printing Talouselämä (11.7 tonnes of CO2-eq per issue on average) will be fully compensated in cooperation with PunaMusta printing house. The climate project related to the compensation is an afforestation project in Ethiopia.The project partner is Nordic Offset and the project is verified through the Gold Standard certification programme. The delivery of Talouselämä magazine is also carbon neutral, since Posti has compensated the emissions caused by delivery in Finland since 2011 (2.1 tonnes CO2-eq per issue).

– The key role of the media in mitigating climate change is to create awareness and build discourse as well as to accelerate action towards more sustainable choices and more sustainable investments. Every little concrete act counts. At Talouselämä, we want to lead the way towards carbon neutrality as well,” says Jussi Kärki, Editor-in-Chief of Talouselämä. 

Financial media Talouselämä, established in 1938, reaches in print and online more than 360,000 professionals in the fields of economics, finance, entrepreneurship and investment every week (KMT 2019). Talouselämä is part of Alma Talent, which publishes 18 financial and trade media, including Kauppalehti, Talouselämä, Tekniikka&Talous and Tivi.

Making Talouselämä carbon neutral is part of Alma Media’s long-term environmental responsibility efforts, which have continued for more than a decade.

– At Alma Media, we have developed our corporate responsibility systematically for years and accept our responsibility for mitigating climate change. A few years ago, we were the third media company in the world to set science-based SBTi-environmental objectives. In addition to the environment, Alma Media’s corporate responsibility efforts are based on topics specific to this line of business, including responsible utilisation of data, responsible journalism and marketing,” says Kai Telanne, Alma Media’s CEO.

Alma Media’s target is to reduce the direct CO2 emissions arising from its operations by 21 per cent by 2025 and the indirect CO2 emissions from its subcontracting chain by 10 per cent by 2023, through energy efficiency improvement of properties and developing logistics and the use of materials, for example. In 2019, for example, Alma Media’s operations in Finland transferred to emission-free electricity. Alma Media is listed on NASDAQ Helsinki Stock Exchange’s sustainability index OMX Sustainability Finland.

For further information: Elina Kukkonen, Senior Vice President, Communications and Brand, tel. + 358 10 665 2333

Alma Media in brief

Alma Media is a dynamic digital service business and media company with a strong capacity for renewal. The company’s best-known brands are Kauppalehti, Talouselämä, Iltalehti, Etuovi.com and Monster. Alma Media builds sustainable growth expanding its offering from media to related digital services fulfilling the needs of users’ everyday life as consumers and as professionals in business. Alma Media operates in 11 countries in Europe. Alma Media employs approximately 1,500 professionals. Alma Media’s revenue from continuing operations was EUR 250.2 million in 2019. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com 

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