Our Annual Review FY-2026 is now published
Our Annual Review FY-2026 covers Greenstep’s financial year from June 2025 to May 2026. In this article, we share the most important milestones of the year.
The review has been prepared in alignment with the 2026 Voluntary Standard (VS), covering both the Basic and Comprehensive Modules. FY-2026 also serves as our new baseline year, against which we will measure our progress in the years ahead.
Read the reportWhat’s new in this year’s report
Compared to last year’s report
- We published our first sustainability agenda, with 12 measurable targets across environmental, social and governance topics, each reported against an FY-2026 result.
- Every material sustainability topic now has defined practices, targets, future initiatives and named accountability.
- We conducted our first biodiversity footprint assessment, a new section in the report.
- We improved our data collection processes and increased our share of supplier-specific data, and the report includes uncertainty ranges and a new annex on calculation principles.
- We introduced a new job grade model to support the EU Pay Transparency Directive.
- A new chapter describes how we protect the people whose data we process on behalf of our customers, and how concerns can be raised.
General Highlights
FY-2026 marked Greenstep’s 15th anniversary. In September, more than 500 Greenstepers gathered in Helsinki to celebrate the milestone at Greenstep Gala.
Our community continued to grow as well, with 138 new colleagues joining us. Today, we are 846 professionals in seven countries and 23 offices, serving more than 4 500 customers. Our customers continue to value our work: 92% are satisfied or very satisfied, with an overall score of 3,5 out of 4.
During the year, we also took important strategic steps. We acquired Rundit, an AI-powered portfolio management and investor reporting platform, and together we are building a highly automated fund services platform for Europe. We launched our CIO services and started a partnership with Lovable to help our customers put AI to work in their business.
We advanced our technology: Bezala launched a new time tracking system, BI Book added MCP support so customers can query their financial data through AI, and we hosted our largest external event to date, a Finance Hackathon with Light and Lovable.
In November, we were honoured to receive the first-ever Growth Award from the Finland Chamber of Commerce, recognising how we have turned our international growth strategy into reality in a sustainable way.
We also refreshed our brand with a modern Nordic look and a new tagline that captures what we do: Finance, people and technology clarified.
Economic & Governance
- We reached a turnover of €86 million, achieved a net profit of €5,7 million and paid €29,6 million in taxes, no active tax planning.
- We maintained our ISO/IEC 27001 certification, registered as an operator under the NIS2 Directive and continued our work towards ISO 9001 certification.
- We published our new Code of Conduct in autumn 2025, and 94–96% of employees completed mandatory training in the Code of Conduct, information security, anti-money laundering and GDPR.
- There were zero convictions or fines for corruption or bribery, and we have no revenue from controversial weapons, tobacco, fossil fuels or chemicals production.
Social Responsibility
- We kept employee engagement strong, with an eNPS of 55 and an average weekly pulse score of 4 out of 5, while sick leave stayed at 2,81% and voluntary turnover at 12,89%, both within our targets.
- We rewarded success with €1,1 million in “Together” bonuses and €3,1 million in individual performance bonuses.
- Our workforce consisted of 73% women and 27% men, and our management team of 11 women and 5 men
- We monitor pay equity regularly within comparable employee groups in each country, and compensation decisions are based on objective criteria such as expertise, experience and performance.
- We invested in learning and development, with an average of 24,3 training hours per employee, 407 internal training events and around 2 300 external participants trained. We also launched the Green Growth Leadership Programme and continued our partnerships with universities.
- Carestep continued its social mission, employing 22 people and providing career opportunities for people facing barriers to entering the labour market.
Environmental Impact
- Our total greenhouse gas emissions were approximately 1 542 tCO₂e. Of this, 93% were indirect emissions from our value chain (Scope 3), mainly from purchased goods and services, employee commuting and business travel. FY-2026 is our new baseline year for tracking emissions.
- Our carbon intensity averaged 1,82 tCO₂e per employee and 17,93 tCO₂e per €1 million turnover.
- In FY-2026, carbon-free electricity contracts covered 64% of our office electricity, and renewable heating contracts covered 60% of our heating energy. Our target is 100% carbon-free electricity by 2030.
- We conducted our first biodiversity footprint assessment, joined the Turku Climate Team and began developing a practical LEAP assessment methodology for small and medium-sized enterprises.
- We continued developing our climate transition plan, and a new climate risk assessment is planned for FY-2027.
Our first full financial-year report reflects 15 years of growth and a clear step forward in how we measure and manage our sustainability work.
“I won’t pretend the past year was easy. Many businesses stayed cautious, and we felt real pricing pressure in several areas. Still, Greenstep held strong,” says Tore Teir, Founder and Chairman of the Board.
“The first 15 years have been remarkable, and I can’t wait to see what we’ll achieve together next.”
We thank our employees, customers and partners for being part of this journey. Together, we will continue to grow sustainably and create lasting value for our customers, our people and society!
Read the report