CLIMATE ACTIONS

CLIMATE ACTIONS

AIMING FOR CARBON NEUTRALITY BY THE END OF 2029

Climate change is a threat that affects the whole of humanity and the planet. We cannot turn back time and make it disappear but we should use all possible methods to mitigate it.

The goal of the international community is to limit climate warming to 1.5 degrees Celsius by reducing greenhouse gas emissions. The goal stated in the Paris Climate Agreement is reaching carbon neutrality by 2050. However, the current actions are not sufficient: success requires effort from all operators in society.

The shared climate goal of the entire Transmeri Group is to make its properties, transport and traffic carbon-neutral by 2035. The goal has been limited to include these three sections in line with the Climate Commitment of Finland Chamber of Commerce because decreasing the use of fossil fuels is the single most important way to stop climate change and in our operations these areas are the best ways to affect the use of fossil fuels.

Four Reasons aims to reach the carbon neutrality target faster than the speed of the Group, already by the end of 2029. Our primary action is always reducing the carbon dioxide emissions generated by our business operations but, if necessary, we will also compensate emissions caused by our operations or generate carbon offsets.

OUR ACHIEVEMENTS IN 2021

• We use 100% renewable energy at all of our premises and production facilities in Finland • We switched to renewable fuel in our vehicles, reducing emissions from company cars by 38%

OUR GOAL

Carbon neutrality of properties, transportation and traffic by the end of 2029

WHAT DOES CARBON NEUTRALITY MEAN?

Carbon neutrality means that the CO2 emissions that cannot be reduced by our own actions are removed from the atmosphere, for example by offsetting. The priority is to reduce emissions, for example by using renewable energy sources or by improving energy efficiency.

EMISSIONS REPORTING

According to the GHG Protocol (Greenhouse Gas Protocol) developed to calculate environmental impacts, emissions are divided into three scopes: Scope 1, Scope 2 and Scope 3. Finland Chamber of Commerce guides Finnish companies in reducing greenhouse gas emissions with the Climate Commitment, which focuses on direct emissions from the company’s operations, emissions from goods transport and emissions for personal transport.

SCOPE 1: DIRECT EMISSIONS

AIMING FOR CARBON NEUTRALITY BY THE END OF 2024

For the purposes of emissions reporting, Scope 1 includes direct greenhouse gas emission sources owned or controlled by the organisation.

Four Reasons is a sales and marketing organisation that does not own any property or handle its own manufacturing. As a result, the most significant action in line with Scope 1 to cut down the carbon dioxide emissions from our own operations is to decrease the emissions from vehicles owned by us.

In 2021, we switched to using biodiesel in cars owned by the company, and we recently started a gradual change towards electric cars. As a result of these measures, the CO2e emissions from our business travel decreased by 38% compared to last year. In 2022, we will continue the gradual transition to electric cars.

SCOPE 2: INDIRECT EMISSIONS FROM PURCHASED ENERGY

AIMING FOR CARBON NEUTRALITY BY THE END OF 2024

Scope 2 covers indirect emissions from purchased energy which refers to the emissions caused by electricity, steam, heating and cooling purchased for the organisation’s own use.

In 2021, we charted the purchased and used energy used in our facilities, or office and storage premises. All our premises use 100% renewable energy. The CO2e emissions from district heating also decreased by 19.8% compared to the previous year. As a result of these measures, the CO2 emissions from energy use in business premises decreased by a total of 22.9%. In order to achieve the carbon neutrality target, we will aim to negotiate the transition to renewable district heating or, alternatively, compensate for the emissions from heating in 2022.

SCOPE 3: OTHER INDIRECT EMISSIONS

AIMING FOR CARBON NEUTRALITY BY THE END OF 2029

Other indirect emissions, in other words Scope 3, include all emissions in the value chain caused indirectly by the production of the reporting organisation’s products or services.

In line with the policies of Transmeri Group, we commit to the carbon neutrality goal for the emissions of our goods transport and personal traffic. In 2021, we launched a survey of the emissions impacts of the transport companies we use and of our commuter traffic. In 2022, we will continue to identify transport companies that meet our service promises and support our sustainability goals. In order to reduce emissions from commuting, we are launching an incentive model for our field-working sales consultants.

CALCULATIONS AND BASELINE

Emissions expressed in tonnes of CO2 equivalent (tCO2e)

Scope Source of CO2 emission Emission Change

Scope 1 Fuels: Petrol Biodiesel Diesel Total 19.58 0 9.85 29.43 23.21% -68.59% -37.71% Scope 2 District heating Warehouse Office Electricity consumption Warehouse Office Total 60.55 9.58 0 0 70.14 -54.39% -5.94% -52.83% Scope 3 Transportation and distribution Business travel Commute Emissions have not yet been calculated Total 99.57 -57.00% CALCULATION PRINCIPLES:

Transmeri Group follows the calculation principles of the Greenhouse Gas Protocol. The operative limitation of emissions calculation includes only Scope 1 and Scope 2 emissions categories in line with the GHG Protocol but not yet the Scope 3 figures.

In our emissions calculation, we apply the precautionary principles, and we have utilised the services of an external consultancy to execute the emissions calculation.

Feel like giving feedback? Eager to learn more? Please feel free to contact us:

Sustainable products and packaging developed by: Pia Nurmi Head of Product Development + 358 44 775 7522 pia.nurmi@fourreasons.fi

Health and well-being promoted by: Johanna Strömsholm Head of Marketing & Communications + 358 44 011 1584 johanna.stromsholm@fourreasons.fi

Carbon-neutral business promoted and Finland's most inspiring beauty industry work community guided by: Jyrki Hakala CEO + 358 40 534 6434 jyrki.hakala@fourreasons.fi Illustration: Venla Vaattovaara @muijavaara

FOUR REASONS

Salomonkatu 17 A, 10th floor | 00100 Helsinki, Finland Tfn. 0201 410 410 | www.en.fourreasons.fi/