Castellum will be one of Europe’s most sustainable property companies. Not because we should benefit from it, but because the Earth deserves it. Fortunately, sustainable business is also profitable business. That is why Castellum can go in wholeheartedly for sustainability in all its investments.
1. Accounting policies can be found on page
Focus area: Well-being.
2. Measured annually.
3. Well under the target of 1.3 kg CO2e/sq. m.
4. To be reported for the first time at the end of 2021.
5. In the “like-for-like” portfolio.
6. Project on hold due to coronavirus pandemic.
We will responsibly and efficiently reduce resource use and carbon emissions that cause global warming.
We will create a sustainable asset portfolio in a changing world.
We will promote health, wellness and productivity.
We will conduct business in a responsible manner in relation to the community as well as to our stakeholders.
One of the most sustainable property companies in Europe
Castellum’s sustainability efforts are a natural, integrated part of its operations. Over time, Castellum will be the most sustainable property company in Europe and will actively promote sustainable development. The company regards society’s requirements under laws and regulations as minimum requirements and strives for continual improvements with clear goals aimed at promoting sustainable development. As a responsible agent of societal progress, Castellum will be part of driving this development forward.
Sustainability efforts permeate the entire business
Our operations should promote sustainable development, and its sustainability targets should be integrated into its operations, yielding tangible results. This work permeates the entire business from ownership, property management and asset portfolio development to customer relationships, employees and financing. Corporate social responsibility is crucial to the company’s success and drives profitability and long-term shareholder value. Castellum’s actions should be marked by a high level of expertise, good business ethics and accountability.
Focus areas and ambitious goals
Castellum’s sustainability agenda, “The sustainable city,” is divided into four areas of focus: The Planet, Future-proofing, Well-being and Social Responsibility. These areas of focus ensure that Castellum conducts its operations responsibly and create long-term solutions from an economic, ecological and social perspective. Read more about the focus areas on Focus areas.
Castellum has established a total of 18 measurable interim targets that are monitored and reported annually. During the year, a unanimous Board additionally gave the go-ahead to implement tangible road maps with clear milestones and actions for reaching zero carbon emissions by 2030.
The outcome of the goals linked to the respective focus areas are presented on the following page.
At the UN Summit in September 2015, 17 global goals were adopted that will lead the world toward a sustainable and equitable future by 2030. A survey and analysis were conducted at the company using external experts to map out which of the UN Sustainable Development Goals that Castellum has the strongest points of contact with. The relevant goals were deemed to be 3, 4, 5, 6, 7, 10, 11, 12 and 13. In 2017, these goals were implemented in Castellum’s sustainability strategy, “Castellum’s Agenda for the Sustainable City 2030”.
Goal 1: No Poverty
End poverty in all its forms everywhere
Goal 2: Zero Hunger
End hunger, achieve food security and improved nutrition and promote sustainable agriculture
Goal 6: Clean Water and Sanitation
Ensure availability and sustainable management of water and sanitation for all
Goal 8: Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Goal 9: Industry, Innovation and Infrastructure
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Goal 14: Life Below Water
Conserve and sustainably use the oceans, seas and marine resources for sustainable development
Goal 15: Life on Land
Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
Goal 16: Peace, Justice and Strong Institutions
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
Goal 17: Partnerships for the goals
Strengthen the means of implementation and revitalize the global partnership for sustainable development