Sustainability

Geonova supports the clean transition of the energy industry by offering solutions that significantly reduce emissions compared to traditional fossil-based heating methods¹, such as oil and gas. 

At the same time, we are continuously developing our own operations toward climate neutrality and proactively preparing for the risks posed by climate change.

¹International Energy Agency (IEA): The Future ofHeat Pumps, 2022-2024

In 2025, we will focus on the following key actions:

1.  Calculating our emissions (Scope 1–3) and setting clear targets for their reduction.
2. Establishing a transition plan to achieve lower emissions.
3. Assessing climate-related risks, including changes in weather patterns and evolving legislation.

Geonova is committed to safeguarding biodiversity in all our operations. We recognize our responsibility as the principal and actively work to minimize the negative environmental impacts within our supply chain.

We see the transition to a circular economy as a key strategy for reducing the overconsumption of natural resources and slowing the loss of biodiversity².

²Sitra: Circular economy is the key to halting biodiversity loss, 2021

Between 2025 and 2026, we will focus on the following key actions:

1. Assessing the impacts of our operations and value chain on nature using the LEAP methodology.
2. Preparing an action plan to minimize harmful impacts on biodiversity.
3. Implementing a noise pollution mitigation process.
4. Replacing the refrigerants in our heat pumps with alternatives that have the lowest possible environmental impact.

We are creating a workplace where everyone has the opportunity to grow and make an impact. Our goal is to be a fair employer and a trusted partner, ensuring our work community is safe, diverse, and open.
 
We respect the human rights of every individual and are committed to promoting equality and fair working conditions. We expect the same commitment from our partners and suppliers.
 
Protecting the privacy of our employees, customers, and partners is a priority for us. We handle personal data responsibly, in compliance with GDPR and all relevant data protection laws.
 
Geonova is a member of the Zero Accidents Forum (“nollis”)³ and is dedicated to upholding the network’s principles.

³Occupational Health Institute: Zero Accident Forum - empowering development through the network

In 2025, we will focus on the following key actions:

1. Developing a training plan and launching a workplace development program.
2. Conducting a pay equity review.
3. Organizing occupational safety elections.
4. Updating safety guidelines and orientation for construction and operational phases.
5. Implementing an open reporting channel for safety and site observations across the supply chain.

Our aim is to build long-term partnerships by listening and developing together with customers, contractors, and other stakeholders.

We are committed to preventing corruption and bribery and promoting sustainable business practices throughout the entire value chain.

We comply with the Cybersecurity Directive (NIS2) and prepare for cybersecurity threats and risks.

Geonova’s goal is to make sustainability work and communication transparent, measurable, and comparable.

In 2025, we will focus on the following key actions:

1. Develop and implement a model to prevent corruption and bribery.
2. Establish a comprehensive reward policy for the entire organization.
3. Launch a secure whistleblowing channel for reporting misconduct.
4. Conduct cybersecurity assessments at all sites.
5. Assess and improve network and infrastructure security.
6. Launch a stakeholder engagement program to support sustainability efforts.
7. Define and implement sustainable procurement principles and guidelines in contract appendices.
8. Begin systematic ESG data collection from suppliers and subcontractors.
9. Enhance data collection and monitoring at sites by adopting Talotohtori.
10. Prepare for VSME reporting.