Media release 17 October 2023 at 8:00 a.m.
Systematic development of sustainability can be seen in Kojamo's GRESB Sustainability Assessment
Kojamo participated in the real estate sector’s international GRESB Sustainability Assessment for the fourth time and achieved its best result ever.
Kojamo received a good result of 78 points out of 100 in its fourth GRESB Sustainability Assessment. The score improved by 6 points compared to the previous year. Kojamo’s score exceeded the average result of all the participants in the assessment (75) and Kojamo achieved full score e.g., in sustainability management. With this result, Kojamo earned once again Green Star designation and three stars out of five.
Full score in multiple assessment categories
Kojamo’s strengths in the GRESB Assessment were sustainability management, risk management and stakeholder engagement. Full score were also achieved for the measuring and management of the social responsibility.
“We’ve done a lot of systematic development work in sustainability, for instance in sustainability management and reporting. It’s great to see, that this development work is now also visible in our GRESB scoring,” says Niina Turri, Sustainability Manager at Kojamo.
Kojamo aims to continue its high-quality and comprehensive sustainability reporting going forward. The company will report in accordance with the GRESB, GRI and EPRA frameworks and continuously develop its reporting.
“Despite the good result, we will continue to work systematically on our sustainability. We want to further develop management of sustainability, but we also want to enhance our performance for instance in energy efficiency and emissions. The good result in GRESB gives a great boost for us to reach our main sustainability target of achieving carbon-neutral energy consumption for our property portfolio by 2030,” Turri explains.
GRESB Sustainability Assessment
GRESB (Global Real Estate Sustainability Benchmark) has assessed and benchmarked the sustainability of property portfolios and the development of sustainability annually since 2009. GRESB Assessments are used to measure the operations of property sector companies from the perspective of sustainable development. The assessment provides an internationally comparable result.
The GRESB Assessment extensively covers a wide range of areas of sustainability on both the company and property level: company-level management of sustainability, policies and principles, reporting, risk management, environmental performance of the property portfolio and stakeholder engagement.
In 2023, more than 2,000 companies and funds from 75 countries participated in the GRESB Assessment.
For more information: Niina Turri, Sustainability Manager, Kojamo plc, tel. +358 20 508 4018, niina.turri@kojamo.fi
Kojamo is Finland’s largest private residential real estate company and one of the biggest investors in Finland. Our mission is to create better urban living. Lumo offers environmentally friendly housing and services for the city dweller who appreciates quality and effortlessness. We actively develop the value of our investment properties by developing new properties and our existing property portfolio. We want to be the property market frontrunner and the number one choice for our customers. Kojamo’s shares are listed on the official list of Nasdaq Helsinki. For more information, please visit: https://kojamo.fi/en