For many years, Baker McKenzie Stockholm has worked collectively and successfully to reduce our carbon footprint and overall environmental impact. We have continuously monitored and optimized focus areas such as travel, consumption of electricity/heating/cooling and the use of consumables. Our continuous improvements have resulted in our operations in 2020 having a very small environmental impact, which we chose to compensate through a voluntary carbon offset. Thus, Baker McKenzie Stockholm became climate neutral in 2020 achieving net-zero carbon dioxide emissions. Also, the Stockholm office has been environmentally certified in accordance with ISO 14001 since 2013.
Our voluntary carbon offset is handled in partnership with an organization specializing in carbon offsets and climate-related services to businesses, organizations and government agencies. Their projects are Gold Standard Certified and in-line with UN Framework Convention on Climate Change. We have invested in two projects: a tree planting project in Panama as well as a project in Ghana to replace wood stoves and thereby reduce both wood consumption and CO2 emissions. The project in Panama has resulted in more than 7.5 million trees being planted, which not only binds carbon dioxide but also binds and secures water, which reduces the risk of erosion. The project has so far contributed to a CO2e reduction of approximately 1,330,758 tones. The project in Ghana aims to replace old wooden stoves and thereby reduce the need for firewood by 50-60% which helps to preserve forests and thereby bind carbon dioxide.
Another important part of our efforts has been done in collaboration with our landlord Vasakronan. The building on Vasagatan 7, where our office is located, is one of Stockholm City's most modern office properties with a pronounced environmental and technology focus. It was the first LEED-certified building in Sweden.
Following a previous renovation, the building's use of energy has more than halved. Among the environmental measures are solar collectors on the roof to produce comfort cooling and domestic hot water, as well as sedum roofs that capture air pollution and rainwater. The ventilation and climate systems are demand-controlled and the lighting is presence-controlled.