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Real Estate Services
SE
updated 2 months ago

Castellum Sustainability Profile

Company website

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.

75

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.

29

Industry Benchmark

Castellum's score of 75 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Castellum's reported carbon emissions

In 2023, Castellum reported total carbon emissions of approximately 86,250,000 kg CO2e, comprising 292,000 kg CO2e from Scope 1, 10,260,000 kg CO2e from Scope 2 (market-based), and 75,697,000 kg CO2e from Scope 3 emissions. 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 target aligns with the Science Based Targets initiative (SBTi) and reflects Castellum's commitment to achieving net-zero emissions across its value chain by 2040. Castellum's near-term targets include a 46% reduction in in-use operational GHG emissions per square metre of owned and leased buildings by 2030 from a 2023 base year. Additionally, the company aims to reduce upfront embodied Scope 3 emissions of new buildings by 45.4% per square metre within the same timeframe. Castellum has also committed to not installing any new fossil fuel equipment in its property portfolio from May 1, 2025. Overall, Castellum's climate strategy demonstrates a robust approach to reducing its carbon footprint and contributing to global climate goals, with a clear focus on both immediate and long-term sustainability targets.

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Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
Scope 1
639,000
000,000
0,000,000
000,000
000,000
000,000
000,000
000,000
000,000
Scope 2
10,720,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
Scope 3
-
-
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
000,000,000
00,000,000

How Carbon Intensive is Castellum's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Castellum's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Castellum's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Castellum is in SE, which has a very low grid carbon intensity relative to other regions.

Castellum's Scope 3 Categories Breakdown

Castellum's Scope 3 emissions, which decreased by 29% last year and decreased by approximately 77% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 72% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
72%
Downstream Leased Assets
22%
Fuel and Energy Related Activities
5%
Business Travel
<1%
Employee Commuting
<1%
Waste Generated in Operations
<1%
Upstream Transportation & Distribution
<1%

Castellum's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Castellum has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Castellum's Emissions with Industry Peers

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Balder

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•
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Sagax

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•
Real estate services (70)
Updated 9 days ago

Prosegur

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•
Other business services (74)
Updated 13 days ago

Akademiska Hus AB (publ)

SE
•
Real estate services (70)
Updated 19 days ago

Frequently Asked Questions

Common questions about Castellum's sustainability data and climate commitments

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Where does DitchCarbon data come from?

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