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.
30.9.2020
Castrén & Snellman to Compensate Carbon Footprint through Safe Water Project in Rwanda
Anna Kuusniemi-Laine
‘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.
Latest news
Latest references
Finnish Construction Management Consultancy — District Court Dismisses charge in occupational safety offence case concerning a safety coordinator
We successfully represented a Finnish construction management consultancy and a safety coordinator employed by the company in criminal proceedings concerning an alleged occupational safety and health offence. The prosecutor sought a penalty for an alleged breach of occupational safety regulations. The charge arose from a fall accident at a construction site where our client acted as the safety coordinator appointed by the developer. We assessed the scope of the safety coordinator’s duties in relation to the responsibilities of the main contractor, as well as how our client had fulfilled their obligations in practice. We demonstrated that our client had acted with due care and in full compliance with their duties throughout the planning, preparation and execution of the construction project. The District Court of Eastern Uusimaa dismissed the charge against our client. The Court held that our client, in their capacity as safety coordinator, had duly fulfilled the occupational safety obligations incumbent on the developer during the planning and preparation phases of the construction project and had not been aware of the fall protection deficiency identified at the site. The judgment is final insofar as our client is concerned.
Case published 22.6.2026
Efima – Sale of financial management services business
We advised Efima Oyj on the sale of its financial management services business to Rantalainen as part of its strategic focus on fully concentrating on the delivery of business applications as well as data and AI solutions. As a result of the transaction, customer contracts related to financial management services and 65 experts working in these services will transfer to Rantalainen. The transaction will be carried out as a transfer of business, and the experts will move to the new owner as existing employees. Efima is a Finnish digital company that supports the sustainable growth of large and mid-sized companies by streamlining their business processes and by creating competitive advantage through the innovative use of artificial intelligence and data. The company has nearly 200 experts based in Helsinki and Tampere.
Case published 12.6.2026
Ugly Duckling Ventures – EUR 6.5 million funding round of Skyfora
We advised lead investor Ugly Duckling Ventures on the EUR 6.5 million funding round of Skyfora. The round also included Eviny Ventures, LUMO Labs and EIC Fund, alongside non-dilutive funding from Business Finland. The investment will support the commercial scale-up of Skyfora’s weather intelligence solutions, the expansion of partnerships with telecom operators, forecasting providers and meteorological institutions, and the continued growth of the team. Skyfora is a Finnish company developing high-resolution weather data solutions using patented technology that extracts atmospheric data from GNSS receivers embedded in existing infrastructure, such as telecom networks. By unlocking previously untapped data sources, Skyfora enables the next generation of AI-driven weather forecasting and supports improved decision-making across weather-sensitive industries. Ugly Duckling Ventures is a Copenhagen-based venture capital firm focused on early-stage Nordic B2B technology companies, with an emphasis on medtech, resilience tech and business services.
Case published 10.6.2026
General Atlantic – ICEYE’s EUR 1 Billion Series F Funding Round
We advised General Atlantic as the lead investor on ICEYE’s EUR 1 billion series F funding round, valuing the company at over EUR 10 billion. ICEYE raised EUR 450 million (USD 520 million) in a primary Series F funding round led by General Atlantic. Additional investors included Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, Nokia, Qatar Investment Authority (QIA) and TCV. Together with a secondary placement, the total fundraising exceeds EUR 1 billion. ICEYE is the world leader in sovereign intelligence from space, providing continuous monitoring capabilities to detect and respond to changes in any location on Earth. The company operates the world’s largest and most advanced Synthetic Aperture Radar satellite constellation. General Atlantic is a leading global investor with more than four and a half decades of experience providing capital and strategic support for over 885 companies throughout its history. As of March 31, 2026, General Atlantic manages approximately USD 126 billion in assets across its investment strategies. We advised General Atlantic on this transaction in collaboration with the international law firm Paul, Weiss, Rifkind, Wharton & Garrison.
Case published 9.6.2026