30.9.2020

Castrén & Snellman to Compensate Carbon Footprint through Safe Water Project in Rwanda

Castrén & Snellman will compensate its 2019 carbon footprint by buying emissions reductions through a clean water project in Rwanda that will reduce the burning of wood. Compensating its carbon footprint is part of Castrén & Snellman’s work to reduce its climate impact.

‘The Rwanda Boreholes project is part of the UN’s emissions compensation system. The system focuses on developing countries that do not have their own emissions reduction targets. By compensating our emissions through these projects, we are helping to more fairly distribute the burden of fighting climate change’, says Castrén & Snellman’s Head of Sustainability Anna Kuusniemi-Laine.

‘Our personnel voted on what compensation project to support’, Kuusniemi-Laine says. The firm has previously compensated its air travel emissions and has now expanded compensation to cover its other emissions sources, as well.

Along with reducing and compensating its emissions, Castrén & Snellman is launching a climate project in Finland later this autumn.

Safe Water Reduces the Burning of Wood and Promotes Health

The Rwanda Boreholes project restores and repairs boreholes in the least developed parts of Rwanda, removing the need for communities to burn wood to boil their water for purification. The reduction in emissions comes directly from reduced wood burning. The project also has significant health impacts.

This Gold Standard certified emissions reduction project is carried out by South Pole, a sustainable development expert organisation with experience from over 700 emissions reduction projects.

Read more about the project on South Pole’s website.

Targeting a 25% Carbon Footprint Reduction by 2025

Castrén & Snellman completed its first carbon footprint calculation this summer. Based on the calculation, the firm set itself the goal of reducing its carbon footprint by 25% from its 2019 level by 2025.

As a member of the UN Global Compact, Castrén & Snellman is committed to the UN’s sustainable development goals and to taking action against climate change. The Global Compact is the world’s largest corporate sustainability initiative.

Carbon Footprint Mapping, Reduction and Compensation Part of C&S’s Sustainability Work

The mapping, reduction and compensation of its carbon footprint are now a part of Castrén & Snellman’s annual sustainability work. The firm will continue to refine its picture of its climate impact and follow-up on its emissions reduction targets to make sure they remain ambitious.

Read more about sustainability at Castrén & Snellman.

Latest references

We advised Nala Renewables on the Finnish law aspects of the development, acquisition and financing of its battery energy storage system (BESS) project in Vuolijoki, Finland. The project comprises a 125 MW / 250 MWh battery energy storage system. Our advice extended beyond financing to the transaction’s legal due diligence and the acquisition of the project company. We also advised on key project contracts and financing documentation for the project finance facilities provided by Coöperatieve Rabobank U.A. The project is part of Nala Renewables’ growing portfolio of battery storage assets in Finland and the wider Nordic region, supporting the integration of renewable energy and contributing to the flexibility and stability of the Finnish electricity grid.
Case published 3.11.2026
We advised Foundation Clinic in connection with its funding round backed by a group of prominent Finnish technology entrepreneurs and investors, including founders behind Supercell and Wolt. Foundation Clinic is a Finnish healthcare company developing a new approach to private healthcare focused on preventive, data-driven and continuous care. The company aims to combine comprehensive health data with ongoing medical care to identify and address health risks at an early stage.
Case published 29.10.2026
We advised Delta Capacity AG in a project financing of two battery energy storage systems (BESS). The financed projects are among the largest BESS developments in Finland to enter construction with 250 MW / 600 MWh combined capacity. The financing was provided by Société Générale with support from Finnvera. Construction of both projects, located in Lapinlahti and Teuva, has already begun and the commercial operations are targeted to commence in late 2027 with partial tolling agreements already in place for both assets. The project in Lapinlahti is executed in partnership with Covenergo, while the project in Teuva is executed in partnership with Strioga Family Foundation. Delta Capacity is a Swiss developer of utility-scale battery storage systems. The projects strengthen Delta Capacity’s growing Nordic portfolio and support the flexibility of Finland’s electricity system by adding energy storage capacity, enabling production optimization as well as participation in electricity markets and reserve services.
Case published 28.10.2026
We acted as legal adviser to Martela Corporation in its directed share issue, through which Martela raised gross proceeds of approximately EUR 7.2 million to strengthen the company’s financial position and liquidity and to create headroom for continuing the necessary development and efficiency measures. In connection with the directed share issue, Martela’s unlisted series K shares, which carried greater voting rights, were combined with its listed series A shares. Following the combination, the company has only one share series, which is traded on the regulated market maintained by Nasdaq Helsinki Ltd, with each share carrying one vote and otherwise identical rights. Martela is a Nordic leader specialising in user-centric working and learning environments. With over 80 years of experience, Martela creates the best places to work and offers its customers the Martela Lifecycle solutions which combine furniture and related services into a seamless whole.
Case published 27.10.2026