This study aims to investigate the organizational and interorganizational challenges of an SME in achieving climate objectives in medium-sized tenant adaptation projects. In order to answer this research question, the study has used three qualitative methods: documentation analysis, direct observation and nine semi-structured interviews. Furthermore, the framework used for guiding this research utilizes the concepts of institutional logic, stakeholder theory and boundary object. This study identifies seven challenges: 1) different views on value creation, 2) balancing short-and long-term objectives, 3) the company’s strategy, 4) client demands, 5) stakeholder cooperation, 6) initial construction meeting, and 7) implementation of a new boundary object. In addition, this study also identifies five institutional logics (sustainability/customer/regulation/risk/business) within the SME which aids in interpreting the aforementioned challenges.