OP Real Estate Asset Management Ltd Sustainability Review 2024: We focus on sustainability even in a challenging market situation

OP Real Estate Asset Management Ltd Sustainability Review 2024 brings together our responsibility activities in relation to real estate assets. In addition to updating the responsibility program, concrete actions last year included climate risk analyses and increasing recycling of materials and building components.

Although the challenging situation in the real estate market overshadowed 2024, during the past year OP Real Estate Asset Management was increasingly able to take concrete actions that had an impact on the investment target level.
– In 2024, all electricity and heat purchased by our properties was green energy backed by guarantees of origin, meaning that when calculated using market-based emissions calculations, we achieved our carbon neutrality target. We will continue our important work to improve energy efficiency and increase the production of renewable energy in our properties, says Markku Mäkiaho, CEO of OP Real Estate Asset Management Ltd. During 2024, OP Real Estate Asset Management updated its sustainability program for 2024–2027, after the previous sustainability program period had ended.
– In addition to updating the responsibility program, our concrete responsibility actions included climate risk analyses and the maintenance of properties based on them, as well as for example, the increasingly better recycling of materials and building components in demolition projects, says Mäkiaho.

Read the whole Sustainability Review here: OP Real Estate Asset Management Ltd Sustainability Review 2024.pdf