CapMan Real Estate Oy

CapMan Real Estate Oy reported Scope 2 emissions of approximately 224,000 kg CO2e in 2025. In 2024, their Scope 2 emissions were around 339,000 kg CO2e, and in 2023, they were approximately 412,000 kg CO2e. There were no reported Scope 1 emissions for these periods.

CapMan Real Estate Oy has Science Based Targets initiative (SBTi) approved targets. The company commits to reach net-zero greenhouse gas emissions across the value chain by 2040.

Near-term targets (by 2032 from a 2021 base year):

• Reduce Scope 1, 2, and 3 in-use operational GHG emissions of owned and leased buildings (covering downstream leased assets) by 77.6% per m².
• Reduce upfront embodied Scope 3 GHG emissions of new buildings (covering capital goods) by 63.0% per m².
• Reduce Scope 3 GHG emissions from purchased goods and services by 58.2% per m² unit.
• The company also commits to install no new fossil fuel equipment that is owned or financially controlled in its buildings portfolio from 1st June 2025.

Long-term targets (by 2040 from a 2021 base year):

• Reduce Scope 1, 2, and 3 in-use operational GHG emissions of buildings (covering downstream leased assets) by 90.9% per m².
• Reduce upfront embodied Scope 3 GHG emissions of new buildings (covering capital goods) by 96.6% per m².
• Reduce Scope 3 GHG emissions from purchased goods and services by 99.8% per m².

These targets are consistent with reductions required to keep warming to 1.5°C. Emissions data and SBTi targets are reported directly by CapMan Real Estate Oy.