Kojamo halfway to carbon neutrality target
Kojamo's Lumo homes have reduced their carbon footprint by 56 percent from 2020 to 2024. The company aims for carbon-neutral energy consumption in its properties by 2030.
Helsinki – Real estate investment company Kojamo Oyj has reported progress towards its carbon neutrality goals. According to the company, the carbon footprint per apartment in its Lumo homes has decreased by 56 percent from 2020 levels by the end of 2024. This signifies that Kojamo has achieved more than half of its journey towards the 2030 target for carbon-neutral energy consumption in its properties.
Kojamo, Finland's largest private landlord with over 40,000 apartments, emphasizes improving energy efficiency as a key measure for reducing environmental impact. The company's initiatives include the deployment of solar panels, heat pumps, and geothermal energy, alongside optimizing ventilation and water usage. District heating, in particular, represents a significant portion of the properties' carbon footprint, and Kojamo aims to reduce this through investments in renewable energy sources.
The company has also developed its own heating optimization concept, LumoHeat, which was expanded to 100 properties in 2024. Geothermal energy projects have been implemented in several locations, with new ones planned for 2025. In renovation projects, the goal for improving energy efficiency is at least a 30 percent enhancement at the entire building level.
Kojamo is also supporting residents in their sustainable daily lives by providing tools to reduce their own carbon footprint. These offerings include a service related to carbon-neutral heating and charging stations for electric vehicles. Kojamo's objective is to reduce energy consumption in its properties without compromising living comfort, while simultaneously supporting residents' environmental awareness.