Kojamo’s first Green Bond Impact Report was published in May 2022. The report shows which projects Kojamo has financed with its first green bond and describes their climate and environmental impacts.
Kojamo responds to the challenges posed by climate change in line with the UN Sustainable Development Goals by improving the energy efficiency of its properties – the aim is to achieve carbon-neutral energy consumption for the entire property portfolio by 2030. The Green Finance Framework, published in 2021, links Kojamo’s sustainability targets and climate actions with the company’s investments and financing.
The Green Finance Framework is applied to investments that promote sustainable and low-carbon urban development. The Green Finance Framework sets out the criteria for investments that can be financed with green bonds, green loans or other green financial instruments.
The EUR 350 million green bond issued in May 2021 has been allocated to 19 projects aiming to improve the energy efficiency of Kojamo’s property portfolio. The projects include both older properties and one new construction project, the Lumo One skyscraper in Kalasatama, Helsinki. The projects are listed in more detail in the Green Bond Impact Report 2021. The report also includes the main environmental indicators of the selected projects, such as the properties’ E figures and carbon dioxide emissions (CO2e/m3).
Green Bond Impact Report 2021