Lumo Kodit Oyj is a private residential real estate investment company headquartered in Helsinki, Finland. The company owns and operates a diversified portfolio of residential apartments and commercia... Lumo Kodit Oyj is a private residential real estate investment company headquartered in Helsinki, Finland. The company owns and operates a diversified portfolio of residential apartments and commercial properties throughout Finland, with a strong presence in major urban centers including Helsinki, Tampere, Turku, Kuopio, Lahti, Oulu, and Jyväskylä. The company operates through two segments: Lumo, which manages market-rate apartments free from state-subsidized housing restrictions, and VVO, which operates rent-controlled apartments subject to government housing regulations. In addition to apartment rentals, Lumo Kodit Oyj provides supplementary housing services to tenants and offers ancillary services including broadband internet connections and car sharing options. Founded in 1969, the company serves as a significant participant in Finland's private rental housing market, balancing commercial and socially-oriented housing objectives through its dual operational segments.
In 2024, Lumo Kodit was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Lumo Kodit has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Lumo Kodit are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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7.7 CCM/CCA - Acquisition and ownership of buildings
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2023
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Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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7.7 CCM/CCA - Acquisition and ownership of buildings
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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7.7 CCM/CCA - Acquisition and ownership of buildings
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Limited Data Preview
You are viewing a limited preview of Lumo Kodit’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2021.
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Verified Sources Behind Lumo Kodit’s EU Taxonomy Data
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a. Lumo Kodit's Financial Report 2024
b. Lumo Kodit's Financial Report 2023
c. Lumo Kodit's Financial Report 2022
Insights into Lumo Kodit's Revenues from Sustainable Activities
In 2024, Lumo Kodit reported EU Taxonomy-eligible revenues of EUR 453.40 million, representing 100% of its total turnover. Of this amount, EUR 135.60 million of Lumo Kodit's revenues was classified as EU Taxonomy-aligned, indicating that 30% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Lumo Kodit's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Lumo Kodit's revenues become more sustainable over time?
Compared to the previous year (2023), Lumo Kodit's taxonomy-aligned revenues increased by 2.74%,highlighting Lumo Kodit's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Lumo Kodit's revenue is eligible under the EU Taxonomy?
In 2024, Lumo Kodit reported that EUR 453.40 million of its revenue was eligible under the EU Taxonomy, representing 100% of the company's total turnover. Of this amount, EUR 135.60 million (30% of total revenue) was classified as Taxonomy-aligned. This means that 70% of Lumo Kodit's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Lumo Kodit's eligible revenue is aligned with the EU Taxonomy?
In 2024, Lumo Kodit reported that EUR 135.60 million of its revenue was aligned under the EU Taxonomy, representing 30% of its total turnover.a
This moderate level of alignment indicates that Lumo Kodit has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Lumo Kodit's Eligibility & Alignment Overview
Lumo Kodit's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Lumo Kodit's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Lumo Kodit reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 30%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Lumo Kodit earn from selling climate-related solutions ?
In 2024, Lumo Kodit reported that EUR 135.72 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 30% of the company's total revenue,indicating that Lumo Kodithas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Lumo Kodit's CAPEX from Sustainable Activities
In 2024, Lumo Kodit reported EU Taxonomy-eligible CAPEX of EUR 12.10 million,representing 99.5% of its total CAPEX. Of this amount, EUR 7.70 million of Lumo Kodit's CAPEX was classified as EU Taxonomy-aligned, indicating that 63.3% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Lumo Kodit's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Lumo Kodit's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Lumo Kodit's taxonomy-aligned CAPEX increased by 54.77%,highlighting Lumo Kodit's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Lumo Kodit's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Lumo Kodit reported that EUR 12.10 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 99.5% of the company's total CAPEX. Of this amount, EUR 7.70 million (63.3% of total CAPEX) was classified as Taxonomy-aligned. This means that 36.2% of Lumo Kodit's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Lumo Kodit's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Lumo Kodit reported that EUR 7.70 million of its CAPEX was aligned under the EU Taxonomy, representing 63.3% of its total capital investment.a
This strong alignment suggests that Lumo Kodit is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Lumo Kodit's Eligibility & Alignment Overview
Lumo Kodit's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Lumo Kodit's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Lumo Kodit reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 63.3%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Lumo Kodit is investing in climate-related solutions?
In 2024, Lumo Kodit allocated EUR 7.60 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 63.3% of the company's total capital expenditure,indicating that Lumo Koditis prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Lumo Kodit's OPEX from Sustainable Activities
In 2024, Lumo Kodit reported EU Taxonomy-eligible OPEX of EUR 156.30 million,representing 99.4% of its total operating expenses (OPEX). Of this amount, EUR 39.70 million of Lumo Kodit's OPEX was classified as EU Taxonomy-aligned, indicating that 25.3% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Lumo Kodit's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Lumo Kodit's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Lumo Kodit's taxonomy-aligned OPEX increased by 10.48%,highlighting Lumo Kodit's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.a, b
How much of Lumo Kodit's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Lumo Kodit reported that EUR 156.30 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 99.4% of the company's total OPEX. Of this amount, EUR 39.70 million (25.3% of total OPEX) was classified as Taxonomy-aligned. This means that 74.1% of Lumo Kodit's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Lumo Kodit's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Lumo Kodit reported that EUR 39.70 million of its OPEX was aligned under the EU Taxonomy, representing 25.3% of its total operational expenditure.a
This moderate level of alignment indicates that Lumo Kodit is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Lumo Kodit's Eligibility & Alignment Overview
Lumo Kodit's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Lumo Kodit's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Lumo Kodit reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 25.3%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Lumo Kodit's operational budget supports climate-related solutions?
In 2024, Lumo Kodit allocated EUR 39.80 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 25.3% of the company's total OPEX,indicating that Lumo Koditis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a
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