Nasdaq OMX Helsinki goes carbon neutral

Nasdaq OMX Helsinki has calculated and compensated its carbon emission footprint in 2011 for its office in Helsinki.

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The footprint of NASDAQ OMX Helsinki was calculated by Pöyry Management Consulting Ltd. The carbon emission footprint of NASDAQ OMX Helsinki in 2011 was 169 tons. The carbon footprint comprises the energy consumption of the office, business travel and commuting. Some 70 per cent of the carbon footprint derives from business travel, while commuting represents approximately 18 per cent and energy consumption 12 per cent.

The calculation and compensation of the carbon footprint is a continuation for the environmental program launched in 2010 when NASDAQ OMX Helsinki was granted the right to use the WWF Green Office label. Lauri Rosendahl, President of NASDAQ OMX Helsinki, considers compensating the CO2 footprint as a natural step:"We are committed to continuously decrease our environmental impact of our operations, and we have put a lot of effort in this program. To neutralize the carbon footprint is one further step in the right direction. Carbon footprint is a clear indicator, and our target is to lower the emission every year. We are proud to be able to contribute to the sustainable development, the effort of which also many of our listed companies and members are committed to."

According to Senior consultant Minna Jokinen of Pöyry Management Consulting Ltd "NASDAQ OMX Helsinki has paid attention to lowering carbon footprint in its operations by using carbon neutral electricity and by motivating personnel to bike or walk commute during the summer months."

NASDAQ OMX Helsinki compensates its carbon footprint by purchasing EUA CO2 emission certificates at the NASDAQ OMX Commodities marketplace, and the purchased certificates will be invalidated.

The NASDAQ OMX Commodities marketplace was migrated into the Genium INET trading platform on March 5, 2012. The marketplace is now open also for members of Financial Derivatives through the same trading platform. 

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