Report on Operations and Financial Statements

The report presents the Ilmarinen Group's first ESRS-compliant sustainability report for 2024, supported by a double materiality assessment. The company reports gross location-based GHG emissions of 1,468,255 tCO2e and gross Scope 3 emissions of 1,454,061 tCO2e. It also reports that the carbon intensity of its direct listed equity portfolio fell 62% from the 2020 reference year, while its corporate bond portfolio fell 51%.