Sustainability

VVO Group plc’s task is to create better urban housing. The goal is to create more offering and new service solutions in rental housing and to make it easier to acquire rental apartments and to live in them.

The anti-grey economy models used by the company exceed legislative requirements in many respects. We continuously monitor the fulfilment of contractor obligations for all of the companies in our supplier network through the Reliable Partner service on the tilaajavastuu.fi website.

VVO Group’s estimated taxes and tax-like charges in 2016 amount to approximately EUR 100 million. As estimated on the basis of the 2014 performance in RT’s/VTT’s report, the share of taxes and tax-like charges in VVO Group’s EUR 235 million in-vestments in 2015 was 41 per cent; in the entire procurement chain, this amounts to approximately EUR 96 million. VVO Group’s tax footprint was published in the 2015 Annual Report.

VVO Group will continue its climate partnership agreement with the City of Helsinki. VVO Group has also committed to following the Rental Property Action Plan (VAETS), which has set a 2016 heating energy savings target of seven per cent compared to 2009. The Rental Property Action Plan savings targets for 2016 have already been achieved and, with regard to property electricity consumption, have even been exceeded. VVO decided to join the VAETS II agreement after the review period on 14 October 2016. During this agreement period, the housing investment company pursues energy savings of 7.5% by 2025.

The Responsible Summer Job campaign again rewarded the most responsible summer job employers in Finland. VVO Group plc came third in the major employer category.

The Virkeä programme is a cooperation programme between VVO Group and promising young athletes that supports young talents financially. This year, the programme covers not only individual sports but also team sports. The recipients of Virkeä team sponsorship for the 2016–2017 season are the FC Honka women’s championship team and four girls’ teams. In 2016, the Virkeä athletes are Lassi Etelätalo (athletics), Henry Manni (wheelchair racing), Nooralotta Neziri (athletics), Venla Paunonen (athletics), Tommi Pulli (speed skating), Mimosa Jallow (swimming) and Jenni Saarinen (figure skating). Under the Virkeä programme, sponsorships were again awarded to 25 promising athletes in the application round of autumn 2016. The sponsorship grant may be awarded to a young athlete of 12–20 years of age who has shown commitment and desire to succeed in his/her sport. A total of 225 grants have been awarded since 2012.

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