SATO Corporation, Press release 27th September 2019 at 13:45
The Sustainability Program of one of Finland's largest lessors, SATO, which was published today, emphasises carbon neutral cities and the well-being of residents and communities. The Sustainability Program, which covers the objectives and actions for 2019-2022, is based on an analysis of those areas of sustainability that were identified with different stakeholders as being of importance.
SATO has prioritised sustainability for many years now, basing its work on its sustainability policy and environmental program, among other things. We are now taking our corporate sustainability agenda comprehensively further under this program,” says Miia Eloranta, Director at SATO with responsibility for sustainability.
SATO's Sustainability Program has been developed through listening to the views of stakeholders, such as residents and various partners. According to Eloranta, carbon-neutral cities and thriving residents and communities are natural priorities in the program due to the very nature of the industry. In addition, carbon neutrality and the well-being of people in communities are priorities of many important partners, such as cities.
“Housing is one of the largest sources of our greenhouse gases. Most of this carbon footprint comes from heating, which we can help reduce by improving the energy efficiency of our homes. We also take into consideration the carbon footprint accumulated during the entire life cycle of houses in our construction and repair activities. Another important issue is the carbon footprint from waste, and it is our mission to ensure that our buildings have recycling opportunities. In addition, we support our residents in making sustainable choices in their daily lives,” says Eloranta.
According to Eloranta, the well-being of residents and communities are also a natural overarching theme for SATO. This includes housing security and housing health, promoting healthy community living and working with cities to prevent segregation.
The sustainability program for 2019-2022 and its objectives are published at https://www.sato.fi/en/sato-company/saton-vastuullisuusohjelma
For more information please contact:
SATO Corporation
Miia Eloranta, EVP, Marketing and Communications, phone: +358 50 441 4221
www.sato.fi/en
SATO is one of Finland's leading rental housing providers. SATO aims to offer a comprehensive choice of rental housing and an excellent customer experience. At year-end 2018 SATO owned around 25,900 apartments in Finland's largest growth centres and in St. Petersburg.
We promote sustainable development and initiative through our operations and work in open interaction with our stakeholders to generate added value. We operate profitably and with a long-term view. We increase the value of our housing stock through investments, divestments and repairs.
The SATO Group's net sales in 2018 were EUR 290 million, operating profit EUR 273 million and profit before taxes EUR 231 million. The value of SATO's investment properties was roughly EUR 3.9 billion.
