03/01/2012 09:15:00

Sponda revamps waste recycling at its properties

Sponda Plc Press Release 3 January 2012 11:15 a.m.

Sponda revamps waste recycling at its properties

Property investment company Sponda Plc has signed an agreement with Lassila &

Tikanoja to develop waste management procedures and to increase the rate of

waste recycling at its properties. Following this agreement the CO2 emissions

of Sponda’s properties will be reduced by approximately 300 tonnes per month,

bringing the recycling rate up to around 90 per cent. At the same time the

volume of waste requiring disposal will decrease significantly to some 10 per

cent of the current level.

Waste sorting at Sponda’s properties will be simplified in the beginning of the

year 2012. This notably improves the utilisation of waste and facilitates waste

sorting for customers operating in premises owned by Sponda. The greater part

of the waste which previously ended up in landfills can be now processed for

utilisation at L&T’s modern waste processing plant in Kerava. According to

L&T’s analysis, the majority of the waste stemming from Sponda’s properties

consists of packaging material, which can be processed for reutilisation.

Sponda simplifies waste management for customers

Following this agreement, the mixed waste containers will disappear from the

most of Sponda’s properties. In those properties the mixed waste and energy

fraction will be sorted as II-quality energy fraction and bio waste will be

sorted separately. The change will decrease the amount of waste sorting and

thus also the rate of sorting faults at the properties. II-quality energy

fraction will be processed at L&T’s new production line mainly into industrial

dual fuel and recycling material.

- We wish to make waste processing easy for our customers. Assigning waste

sorting to the L&T recycling facility saves time for our customers and

maximises the recycling rate of waste stemming from our properties. This sits

well with Spondability i.e. our sustainability mindset and complements our

energy efficiency programme, which seeks to achieve energy savings in

collaboration with customers, says Ossi Hynynen, Senior Vice President.

- With this cooperation agreement, we can benefit from modern technology by

sorting a portion of customers’ waste mechanically at the plant. This measure

will maximise the waste utilisation rate. Our goal is to be able to offer

progressive solutions for companies just like Sponda, whose central values

include developing environmental friendliness as a part of their business

operations, says Petri Salermo, Business Director at L&T.

Sponda Plc

Further information:

Kari Inkinen, President and CEO, tel. +358 400 402653

Sponda Plc is a property investment company that specialises in commercial

properties in the largest cities in Finland and Russia. Sponda’s business

concept is to own, lease and develop office, retail and logistics properties

into environments that promote the business success of its clients. The fair

value of Sponda’s investment properties is approximately EUR 3.1 billion and

the leasable area is around 1.5 million m².

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