Castellum
Castellum AB, a prominent player in the real estate sector, is headquartered in Sweden (SE) and operates extensively across the Nordic region. Founded in 1994, Castellum has established itself as a leader in commercial property management, focusing on office, retail, and logistics spaces. The company is renowned for its commitment to sustainability and innovation, offering unique solutions that enhance tenant experiences and operational efficiency. With a diverse portfolio of properties, Castellum has achieved significant milestones, including recognition for its environmentally friendly practices and strategic acquisitions that bolster its market position. As a key contributor to the Nordic real estate market, Castellum continues to set benchmarks in property development and management, making it a trusted name in the industry.
DitchCarbon Score
How does Castellum's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Castellum's score of 71 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Castellum's reported carbon emissions
In 2023, Castellum reported total carbon emissions of approximately 86,250,000 kg CO2e, with emissions distributed across various scopes: 292,000 kg CO2e (Scope 1), 10,260,000 kg CO2e (Scope 2, market-based), and 75,697,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming for a 100% reduction in absolute Scope 1, 2, and 3 greenhouse gas emissions by 2030, using 2017 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and is consistent with the goal of limiting global warming to 1.5°C. Castellum's near-term targets include a 46% reduction in in-use operational GHG emissions per square metre by 2030 from a 2023 base year, alongside significant reductions in upfront embodied emissions from new buildings. The company also pledges to cease the installation of new fossil fuel equipment in its properties from May 1, 2025. Long-term, Castellum aims to achieve net-zero emissions across its value chain by 2040, with specific targets for reducing emissions from various scopes, including a 96.6% reduction in upfront embodied emissions of new buildings and a 97% reduction in other Scope 3 emissions per square metre by 2040. These initiatives reflect Castellum's commitment to sustainability and its proactive approach to addressing climate change, positioning the company as a leader in the real estate sector in Sweden.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,122,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,133,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 322,279,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Castellum is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
