22.6.2021

Castrén & Snellman’s Carbon Footprint Halved during Pandemic Year

Castrén & Snellman has completed its second annual carbon footprint calculation. The firm’s carbon footprint in 2020 was approximately 388 tonnes of carbon dioxide equivalent (CO2-e). The pandemic year nearly halved the firm’s carbon footprint, as the firm’s emissions were 750 tonnes in 2019.

‘This drastic drop in our footprint is mainly due to the pandemic. The end of business travel in March 2020 reduced our emissions from that source by 79% compared to 2019. It is important to keep in mind that the pandemic has had an extensive impact on how work is done in the legal services industry. Our emissions from heating also went down 22%’, says Anna Kuusniemi-Laine, head of sustainability at C&S.

The firm’s main sources of greenhouse gas emissions remain business travel and heating, which together correspond to approximately 67% of the total, making up 20% and 47% of emissions, respectively.

The most important role of the calculation is to spur the firm on in reducing its climate impact.

‘Calculating our footprint helps us focus reductions in the right places’, Kuusniemi-Laine continues.

The calculation is based on the GHG Protocol standards, which are the most widely used greenhouse gas accounting standards globally. Sustainable business consultancy Gaia Consulting advised the firm in the calculation.

Primary Reduction Targets: Business Travel and Heating

Based on our first calculation last year, the firm decided to reduce emissions by 25% by 2025 by reducing emissions from business travel and heating.

‘The pandemic sped up our adoption of new digital tools. We want to take what we have learned over the past year to continue to reduce business travel emissions. With the situation starting to return to normal, we are also adjusting the emissions target we set last year’, Kuusniemi-Laine continues.

The C&S office is located in central Helsinki, and a comprehensive energy renovation of the building was completed in the spring.

‘The renovation will reduce the building’s energy costs and environmental emissions by about 20%, which will also affect our firm’s future emissions. The property already buys only green energy, and we have an active dialogue with our landlord concerning new ways to reduce our firm’s emissions’, Kuusniemi-Laine says.

Carbon Footprint and Green Office Are Part of C&S’s Sustainability Work

As a member of the UN Global Compact, Castrén & Snellman is committed to the UN Sustainable Development Goals and to combating climate change. In addition to reducing its emissions, C&S also offsets its emissions each year.

As part of the WWF’s Green Office programme, the firm reports its paper and electricity consumption and its emissions from travel and sets new targets each year. In 2020, all three monitored numbers dropped, particular emissions from air travel.

Latest references

We advised Oomi Solar Oy on the sale of a solar power park and battery energy storage project to Tuulipolar Oy. The transaction concerned a 24 MWp solar power plant and a 36 MW / 70 MWh battery energy storage system (BESS) to be constructed in Tornio. Tuulipolar Oy will act as the owner and operator of the plant, while Oomi Solar Oy will be responsible for its design and construction. The project will form the world’s northernmost industrial hybrid power plant, contributing to Finland’s green energy transition by increasing renewable energy production and electricity storage capacity in Northern Finland. The hybrid solution enables optimization of production as well as active participation in electricity markets and reserve services, improving the project’s profitability and supporting the balance of the electricity system year-round. Electricity production from the hybrid plant is expected to begin in 2028. Oomi Solar Oy is a Finnish renewable energy expert with experience from nearly 200 MW of installed solar capacity. The company helps businesses and communities accelerate the green transition by offering comprehensive solutions, including solar power plants, energy storage systems, and related lifecycle services from project development to maintenance. Oomi Solar Oy employs more than 20 energy professionals and delivers solar power projects across Finland. The company’s vision is to be Finland’s most desired partner for solar energy and energy solutions.
Case published 5.6.2026
United Bankers – Sale of three care properties
We advised United Bankers on the sale of three care properties to Kinland AS. The buildings were completed between 2021 and 2022 and meet high technical and environmental standards. All three properties are fully leased. The portfolio has a weighted average unexpired lease term of 13 years.
Case published 1.6.2026
Hiab acquisition financing
We are advising Hiab Corporation in the financing for its USD 1,035 million acquisition of Labrie Environmental Group, a leading North American refuse collection vehicle (“RCV”) manufacturer, from Wynnchurch Capital, L.P. Hiab Corporation (Nasdaq Helsinki: HIAB) is a leading provider of smart and sustainable on-road load handling solutions, with 2025 sales of approximately EUR 1.6 billion and approximately 4,000 employees, operating through a global network spanning over 100 countries. Labrie Group is a leading North American provider of RCVs, employing approximately 1,200 people. 
Case published 1.6.2026
We advised an international bank syndicate in a EUR 300 million revolving credit facility (RCF) for ICEYE, the world leader in sovereign intelligence from space. The bank-syndicate comprised Nordic and global banks, with Citi and Danske Bank acting as Joint Global Coordinators and Mandated Lead Arrangers. The RCF will support the issuance of guarantees for customer contracts, enable continued business growth, and serve as a liquidity backstop. 
Case published 21.5.2026