Corporate social responsibility

VVO's rent development was as predicted. VVO seeks steady and predictable rent development through systematic and long-term repair and maintenance activities, among other things. In its operations, VVO complies with the Fair Rental Conduct (Hyvä vuokratapa) rules jointly drawn up by the industry, as well as the VVO rental conduct defining issues such as the maximum amounts of rent adjustments.

The criteria for determining rents are discussed annually on the Resident Board and in regional economic theme events.

In the fight against the shadow economy, many aspects of the operating models used by VVO exceed the requirements stipulated by law.

The energy-saving target set for 2016 in the Rental Property Action Plan (VAETS) is already achieved and, regarding property electricity consumption, exceeded. Temperature-corrected consumption has decreased by 8.6 per cent from 2009 and electricity consumption by 8.1 per cent. Our improvement in energy efficiency has largely been achieved through operating and maintenance measures.

Efficiencies in energy use in VVO’s housing stock are mainly carried out through maintenance and operating measures. In 2013, VVO used 390 (412) GWh of heating energy; overall property electricity consumption was 50.7 (51.3) GWh, and overall water consumption was 3.6 (3.6) million cu m. Temperature-corrected consumption of heating energy decreased by 2.2 (2.2) per cent on the previous year. 2013 was clearly warmer than 2012. This largely explains the significant decrease in overall heating energy consumption.

A rise in the total consumption of heating energy and a decrease in the coal-free electricity supply increased our carbon dioxide emissions to approximately 68,000 (79,000) tonnes. VVO seeks to alleviate the environmental impacts of energy consumption by using carbon-neutral energy for property electricity. District heating is used in 99 per cent of VVO’s properties.