Kojamo Oyj
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Kojamo Oyj is a Finnish company that operates in the apartment owners and development sector. The company is committed to sustainability and decarbonisation, and has taken significant steps to reduce its carbon footprint and promote renewable energy.
Kojamo Oyj was founded in 1969 and is headquartered in Helsinki, Finland. The company is one of the largest residential real estate companies in Finland, with a portfolio of over 38,000 rental apartments in 70 cities across the country. Kojamo Oyj's mission is to provide high-quality, affordable housing for all, while also promoting sustainability and reducing its environmental impact.
One of the key ways that Kojamo Oyj is working towards decarbonisation is through its corporate energy strategy. The company has set ambitious targets to reduce its carbon emissions and increase its use of renewable energy sources. In 2020, Kojamo Oyj announced that it had achieved its target of reducing its carbon emissions by 30% compared to 2015 levels, two years ahead of schedule. The company has also committed to using 100% renewable electricity by 2023.
One of the ways that Kojamo Oyj is achieving these targets is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. This provides a stable revenue stream for the renewable energy provider, while also allowing the company to secure a reliable source of renewable energy.
Kojamo Oyj has signed several corporate PPAs with renewable energy providers in Finland, including wind and solar power projects. These agreements have helped the company to increase its use of renewable energy and reduce its reliance on fossil fuels. In 2020, Kojamo Oyj signed a 10-year PPA with a wind power project in Northern Finland, which will provide the company with 30 GWh of renewable energy per year.
In addition to its use of corporate PPAs, Kojamo Oyj is also investing in renewable energy projects of its own. The company has installed solar panels on several of its properties, which generate renewable energy to power the buildings. Kojamo Oyj is also exploring the use of geothermal energy to heat and cool its properties, which would further reduce its carbon emissions.
Kojamo Oyj's commitment to sustainability and decarbonisation extends beyond its energy strategy. The company is also working to reduce its environmental impact in other areas, such as waste management and water conservation. Kojamo Oyj has implemented a waste sorting system in its properties, which allows residents to separate their waste into different categories for recycling. The company is also exploring ways to reduce water consumption in its properties, such as by installing low-flow faucets and toilets.
Overall, Kojamo Oyj is a leader in the apartment owners and development sector in Finland, and is setting an example for other companies to follow in terms of sustainability and decarbonisation. The company's use of corporate PPAs and investment in renewable energy projects are helping to accelerate the transition to a low-carbon economy, while also providing affordable, high-quality housing for residents. Kojamo Oyj's commitment to sustainability is a testament to its values and its dedication to creating a better future for all.