YIT COMMITS TO CUT CO2 EMISSIONS BY 40%

YIT COMMITS TO CUT CO2 EMISSIONS BY 40%

YIT commits to cut its CO2 emissions by 40 per cent by 2020, which is twice the emission-cutting goal set by the EU. Reduction of emissions supports cost-efficiency and is part of YIT’s strategy of profitable growth. The objective was published on 17 April at a joint Climate Partners meeting of businesses and the City of Helsinki.

In order to reach the 40% emissions goal, YIT aims to minimise the environmental impacts of its activity by making its operations more efficient and utilising its services and solutions related to energy efficiency. Measures that influence the energy consumption of buildings include 24-hour monitoring of indoor conditions, LED illumination, heat recovery and continuous maintenance. In the future, emissions will also be reduced by increasingly using renewable energy sources and creating innovative CO2-efficient working methods.

“Such a high goal for emission reduction is a challenge, but we want to and can commit to it. We have competence and various solutions for our customers that we will utilise also ourselves. Emission cuts are, in the end, the sum of several small measures that can combined achieve great savings in the amount of emissions as well as operating costs," says Tomi Mäkipelto, development director in charge of energy-related matters at YIT.

As a large construction and real estate company, YIT is able to promote development in the industry as a whole and support its customers in their emission reduction targets. YIT has an in-house research and development centre in Aachen, Germany, developing new solutions to promote energy efficiency.

For additional information, please contact:
Tomi Mäkipelto, Development Director/ Energy, YIT Corporation, tel. +358 50 370 4092, tomi.makipelto@yit.fi
Sakari Toikkanen, Senior Vice President, Business development, YIT Corporation, tel. +358 40 532 2174, sakari.toikkanen@yit.fi

YIT CORPORATION
 

Kristina Broman
Acting Vice President, Corporate Communications

Distribution: Principal media, www.yit.fi

YIT celebrates its 100th anniversary in 2012. The company was established in the Grand Duchy of Finland in 1912. Today, YIT is a leading European service company in building systems, construction services and services for industry. Our 26,000 professionals serve customers in 14 countries in the Nordic and Baltic countries, Russia and Central Europe. We have grown together with our customers and developed our services in line with the changes taking place in different societies. We intend to continue on that track. Our vision is to lead the way in creating and maintaining good living environments. In 2011, YIT's revenue was approximately EUR 4.4 billion. YIT's shares are listed on NASDAQ OMX Helsinki. www.yit.fi

The Climate Partners network is a new cooperation network of businesses and the City of Helsinki, aiming to find new ways to curb climate change. Companies that join as climate partners agree on a climate commitment with the City of Helsinki, stating their climate objectives. For additional information on the climate Partners network, see www.ilmastokumppanit.fi