Environment

The successful execution of Alma Media’s digital transformation strategy has had a positive impact on the company’s environmental profile: the production and distribution of digital content and services is more cost-efficient than print products. In 2024, digital sources accounted for 84%, or over MEUR 263, of Alma Media’s business. At the same time, the transition to low-carbon society has created business opportunities for the company and increased resource efficiency. A positive impact on climate change mitigation is also sought in the form of media content that increases environmental awareness and by enabling sustainable choices in digital services, for example when purchasing a house or apartment or a car.

During the past seven years, Alma Media has halved the greenhouse gas emissions arising from its own operations and further increased the ambition of its environmental targets for its own operations and its subcontracting chain.

The carbon footprint of Alma Media’s own operations is small, and only 2% of the GHGs generated by the Group arise in the Group’s own operations, while 98% arise in the subcontracting chain.

Alma Media’s activities in relation to climate change are based on the Sustainability-Linked Finance Framework published by the company’s management in 2023. The framework identifies Alma Media’s commitments related to its own climate impacts as well as the opportunities arising from digital business and the change in Alma Media’s business operations. In formulating this policy, the company has taken into account the wishes of its stakeholders, such as customers, consumers and investors, with regard to climate action.

The company does not yet have a transition plan to reach climate neutrality by 2050.

The management of climate-related risks has been integrated into the Group’s risk management process and adheres to the same operating models as the management of other significant risks and uncertainties.

Only two per cent of the greenhouse gases arising from Alma Media arise in the Group’s own operations, while 98 per cent arise in the subcontracting chain.

In 2018, Alma Media was the third media company in the world to publish approved, science-based climate targets. Thanks to significant changes in the Group’s business operations, the SBTi target for 2025, which had a base year of 2016, was achieved ahead of schedule, and the company updated its climate targets in 2022. The SBT initiative aims to limit global warming to 1.5°C.

To achieve the SBTi-targets, the company has established action plans concerning the minimisation of the GHG emissions of its own operations and reducing the climate impacts of products, services and the supply chain.

The emission reductions are allocated particularly to reducing emissions arising from the use of company cars and the energy consumption of business premises and, in the subcontracting chain, reducing emissions arising from the procurement of printing and logistics services. The company is committed to transitioning to renewable energy and fossil-free fuels, supporting the transition and switching to fossil-free alternatives for its purchased electricity and heat in all of its operating countries. The company is also committed to the continuous improvement environmental efficiency and energy efficiency.

The company’s key suppliers are required to commit to Alma Media’s Supplier Code of Conduct, and they are encouraged to set GHG emission reduction targets in accordance with the Science Based Targets initiative, for example. Alma Media also engages in active dialogue with its key suppliers to manage environmental risks and support climate targets.