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Lumo Kodit Oyj

Common Name
Lumo Kodit
Country
Finland
Sector
Real Estate
Industry
Real Estate Services
Employees
253
Ticker
LUMO
Exchange
Nasdaq Helsinki
Website
kojamo.fi
Description
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's GHG Emissions Data Preview

In 2023, Lumo Kodit completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Lumo Kodit has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020-2019
Total Scope 1
0a
0a
0a
Total Scope 2
Market-Based
33,304a
38,695a
42,671a
Location-Based
38,197a
36,454a
54,626a
Total Scope 3
5,415a
2,638a
2,556a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0a
0a
0a
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Verified Sources Behind Lumo Kodit’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lumo Kodit’s data sources below and access millions more through our Disclosure Search.

a. Lumo Kodit's Annual Report 2023

Insights into Lumo Kodit's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lumo Kodit amounted to 38,197 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Lumo Kodit increased by 4.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Lumo Kodit's Scope 1 Emissions Over Time

2019202020212022202301234tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Lumo Kodit's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lumo Kodit were 0 metric tons of CO₂ equivalent (tCO₂e).a

What are Lumo Kodit's Scope 2 emissions?

In 2023, Lumo Kodit reported Scope 2 greenhouse gas (GHG) emissions of 33,304 tCO₂e using the market-based method and 38,197 tCO₂e using the location-based method.a

Has Lumo Kodit reduced its Scope 2 emissions over time?

Since 2019, Lumo Kodit's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 35.18%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2022), Lumo Kodit's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Lumo Kodit's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Lumo Kodit use for Scope 2 reporting?

In 2023, Lumo Kodit reported its Scope 2 emissions using the market-based method and using the location-based method.a

Lumo Kodit's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Lumo Kodit's Value Chain Emissions

In 2023, Lumo Kodit reported 5,415 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Lumo Kodit includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Lumo Kodit's Scope 3 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e-2%+3%+105%
  • Total Scope 3
  • Year-over-Year Change

What are Lumo Kodit's Scope 3 emissions?

In 2023, Lumo Kodit reported total Scope 3 emissions of 5,415 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2022), Lumo Kodit's Scope 3 emissions increased by 105.27%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Lumo Kodit disclose?

In 2023, Lumo Kodit reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Lumo Kodit's Scope 3 emissions?

In 2023, the largest contributors to Lumo Kodit's Scope 3 emissions were:a

  • Upstream Leased Assets (Cat. 8): 3,059 tCO₂e (56.49%)
  • Fuel- and Energy-Related Services (Cat. 3): 2,338 tCO₂e (43.18%)
  • Business Travel (Cat. 6): 18 tCO₂e (0.33%)

Lumo Kodit's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(56.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(43.2%)

Insights into Lumo Kodit's Total Carbon Footprint

In 2023, Lumo Kodit reported a total carbon footprint of 43,612 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.56% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Lumo Kodit's total carbon footprint was Scope 2 emissions, accounting for 87.58% of the company's total carbon footprint, followed by Scope 3 emissions at 12.42%.a

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