Report of the Board of Directors and Financial Statements

Overview

The report describes Varma's 2025 sustainability performance, including an 81% reduction in own-operations Scope 1 and 2 emissions from the 2021 level, SBTi-approved climate targets and an updated double materiality assessment. It also reports 569 average employees and extensive workforce, customer and investment-responsibility disclosures. The group sustainability statement was externally assured by Ernst & Young Oy through limited assurance.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2025
Period: 1 January 2025 – 31 December 2025
Language: English
Pages
File size
Restatement: Disclosed

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GRI
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GHG Protocol
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UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status

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Overview