What Company is This?
YIT’s history goes back to 1910 when Lemminkäinen was established, and two years later, Allmänna ingeniörsbyrån was founded. More than a century later, these two merged to form the company that YIT is today. YIT is operating in the construction of both homes and commercial buildings and infrastructure, as well as the renovation of the former in eight countries, employing around 4,000 people and reaching a revenue of EUR 1.8 billion in 2025. YIT is headquartered in Finland and listed on the Helsinki stock exchange.
What Are the Results?
YIT improves its total score by two percentage points to 16%, raising its General Supply Chain Sustainability score from 26% to 27%, and likewise its Steel Supply Chain Sustainability score by one percentage point, from 3% to 4%. Nevertheless, this modest improvement still leaves YIT as the weakest-performing of the four Finnish companies on the Scoreboard. YIT’s scores are identical across all categories to those of its construction-sector peer, Veidekke, the only Norwegian company on the Scoreboard.
What Are the Highlights?
YIT earns partial points in the General Supply Chain Sustainability category for its science-based climate targets and is likely to score higher in future editions, as it prepares its climate transition plan, after which it will be able to consider setting a science-based net-zero target. The company also earns partial points for requiring suppliers to set targets to reduce greenhouse gas emissions and for favouring low-carbon, energy-efficient, and biodiversity-supporting alternatives when alternatives are otherwise equal. In the Steel Supply Chain category, YIT scores partial points for disclosing the share of recycled steel in its annual production cycle.
Where Can the Company Improve?
The low total score indicates that YIT has significant room for improvement. In the General Supply Chain Sustainability category, YIT scores zero for lacking a commitment or policy to halt deforestation and the conversion of natural ecosystems, and for having no specific requirements for suppliers regarding either deforestation prevention or water management. In the Steel Supply Chain category, YIT scores partial points for only one indicator: the share of recycled steel in its annual production cycle.
