CapMan Real Estate Oy

CapMan Real Estate Oy, headquartered in Finland, operates in the "Other business services (74)" industry. While specific emissions data in kg CO2e is not provided, the company has established comprehensive climate commitments through the Science Based Targets initiative (SBTi). These targets are cascaded from its ultimate parent, CapMan Oyj.

CapMan Real Estate Oy is committed to reaching net-zero greenhouse gas emissions across its entire value chain by 2040. The company's near-term targets, with a 2021 base year, include:

• A 77.6% reduction per m² in Scope 1, Scope 2, and Scope 3 in-use operational GHG emissions of owned and leased buildings (covering downstream leased assets) by 2032.
• A 63.0% reduction per m² in upfront embodied Scope 3 GHG emissions of new buildings (covering capital goods) by 2032.
• A 58.2% reduction per m² in Scope 3 GHG emissions from purchased goods and services by 2032.
• A commitment to install no new fossil fuel equipment that is owned or financially controlled by the company in its buildings portfolio from 1st June 2025.

For its long-term targets by 2040, also from a 2021 base year, CapMan Real Estate Oy aims for:

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

These Science Based Targets are classified as consistent with reductions required to keep global warming to 1.5°C.