Castellum AB

Common Name
Castellum
Country
Sweden
Sector
Real Estate
Industry
Real Estate - Development
Employees
535
Ticker
CAST
Exchange
NASDAQ STOCKHOLM AB
Description
Castellum AB is a prominent real estate company based in Sweden, specializing in the acquisition, development, and management of commercial properties. With a focus on sustainable growth, Castellum op...

Castellum's GHG Emissions Data Preview

In 2024, Castellum completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Castellum has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Castellum’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Castellum’s data sources below and access millions more through our Disclosure Search.

a. Castellum's Annual Report 2024
a. Castellum's Annual Report 2024
b. Castellum's Annual Report 2022
b. Castellum's Annual Report 2022

Insights into Castellum's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Castellum amounted to 21,155 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Castellum decreased by 29.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Castellum's Scope 1 Emissions Over Time

20182019202020212022202320240200400600800tCO2e-32%-38%+13%+71%-47%+119%
  • Total Scope 1
  • Year-over-Year Change

What are Castellum's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Castellum were 639 metric tons of CO₂ equivalent (tCO₂e). a

Has Castellum reduced its Scope 1 emissions over time?

Since 2018, Castellum's Scope 1 emissions have decreased by 5.33%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Castellum's Scope 1 emissions increased by 118.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Castellum's Scope 2 emissions?

In 2024, Castellum reported Scope 2 greenhouse gas (GHG) emissions of 4,946 tCO₂e using the market-based method and 20,516 tCO₂e using the location-based method. a

Has Castellum reduced its Scope 2 emissions over time?

Since 2018, Castellum's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 57.1%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Castellum's Scope 2 emissions (Location-Based) fell by 30.86% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Castellum use for Scope 2 reporting?

In 2024, Castellum reported its Scope 2 emissions using the market-based method and using the location-based method. a

Castellum's Scope 2 Emissions Over Time

2018201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Castellum's Value Chain Emissions

In 2024, Castellum reported 52,060 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Castellum includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Castellum's Scope 3 Emissions Over Time

2018201920202021202220232024075 k150 k225 k300 ktCO2e-2%+8%-70%+23%-29%-31%
  • Total Scope 3
  • Year-over-Year Change

What are Castellum's Scope 3 emissions?

In 2024, Castellum reported total Scope 3 emissions of 52,060 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 94.89% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.11% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Castellum reduced its Scope 3 emissions over time?

Since 2018, Castellum's Scope 3 emissions have decreased by 81.13%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Castellum's Scope 3 emissions decreased by 31.23%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Castellum disclose?

In 2024, Castellum reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Castellum's Scope 3 emissions?

In 2024, the largest contributors to Castellum's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 32,408 tCO₂e (62.25%)
  • Capital Goods (Cat. 2): 10,281 tCO₂e (19.75%)
  • Fuel- and Energy-Related Services (Cat. 3): 5,626 tCO₂e (10.81%)

Castellum's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(19.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(10.8%)Purchased Goods andServices (Cat. 1)(62.3%)

Insights into Castellum’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Castellum reported Scope 1 greenhouse gas (GHG) emissions of 639 tCO₂e and total revenues of USD 888 millions. This translates into an emissions intensity of 0.72 tCO₂e per millions USD. a

Castellum's Scope 1 Emissions Intensity Compared to Peers

51002,00020,000500,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)CGRGCHighwealth ConstructionYear: 2024Scope 1: 3,726 tCO2eRevenue: $M 1,127Scope 1 Intensity: 3.31 tCO2e/$MCCChina South City HoldingsYear: 2023Scope 1: 419 tCO2eRevenue: $M 516Scope 1 Intensity: 0.81 tCO2e/$MSC AssetYear: 2024Scope 1: 647 tCO2eRevenue: $M 591Scope 1 Intensity: 1.09 tCO2e/$MAtrium LjungbergYear: 2024Scope 1: 297 tCO2eRevenue: $M 319Scope 1 Intensity: 0.93 tCO2e/$MGGGrandjoy Holdings GroupYear: 2023Scope 1: 11,876 tCO2eRevenue: $M 5,176Scope 1 Intensity: 2.29 tCO2e/$MJHSF ParticipacoesYear: 2023Scope 1: 939 tCO2eRevenue: $M 329Scope 1 Intensity: 2.86 tCO2e/$MSummarecon AgungYear: 2023Scope 1: 43,456 tCO2eRevenue: $M 432Scope 1 Intensity: 100.67 tCO2e/$MSime Darby PropertyYear: 2023Scope 1: 537 tCO2eRevenue: $M 748Scope 1 Intensity: 0.72 tCO2e/$MBrigade EnterprisesYear: 2025Scope 1: 12,801 tCO2eRevenue: $M 589Scope 1 Intensity: 21.73 tCO2e/$MSobhaYear: 2023Scope 1: 1,109 tCO2eRevenue: $M 399Scope 1 Intensity: 2.78 tCO2e/$MIOI Properties GroupYear: 2024Scope 1: 5,235 tCO2eRevenue: $M 623Scope 1 Intensity: 8.40 tCO2e/$MSansiriYear: 2023Scope 1: 1,371 tCO2eRevenue: $M 1,091Scope 1 Intensity: 1.26 tCO2e/$MDar Al ArkanYear: 2023Scope 1: 187,500 tCO2eRevenue: $M 722Scope 1 Intensity: 259.73 tCO2e/$MRRRedco Properties GroupYear: 2023Scope 1: 165 tCO2eRevenue: $M 820Scope 1 Intensity: 0.20 tCO2e/$MS P SetiaYear: 2023Scope 1: 457 tCO2eRevenue: $M 952Scope 1 Intensity: 0.48 tCO2e/$MGodrej PropertiesYear: 2024Scope 1: 542 tCO2eRevenue: $M 350Scope 1 Intensity: 1.55 tCO2e/$MRoad King InfrastructureYear: 2023Scope 1: 522 tCO2eRevenue: $M 1,675Scope 1 Intensity: 0.31 tCO2e/$MOberoi RealtyYear: 2025Scope 1: 2,807 tCO2eRevenue: $M 619Scope 1 Intensity: 4.54 tCO2e/$MPruksa HoldingYear: 2023Scope 1: 1,236 tCO2eRevenue: $M 702Scope 1 Intensity: 1.76 tCO2e/$MFarglory Land DevelopmentYear: 2023Scope 1: 84 tCO2eRevenue: $M 712Scope 1 Intensity: 0.12 tCO2e/$MGGGreenland Hong Kong HoldingsYear: 2024Scope 1: 1,083 tCO2eRevenue: $M 2,289Scope 1 Intensity: 0.47 tCO2e/$MCCChina Merchants ShekouYear: 2023Scope 1: 81,499 tCO2eRevenue: $M 24,624Scope 1 Intensity: 3.31 tCO2e/$MAnant RajYear: 2025Scope 1: 6 tCO2eRevenue: $M 241Scope 1 Intensity: 0.02 tCO2e/$MCiputra DevelopmentYear: 2023Scope 1: 2,962 tCO2eRevenue: $M 599Scope 1 Intensity: 4.94 tCO2e/$MCastellumYear: 2024Scope 1: 639 tCO2eRevenue: $M 888Scope 1 Intensity: 0.72 tCO2e/$M

How does Castellum's GHG emissions intensity compare to its peers?

In 2024, Castellum reported a Scope 1 emissions intensity of 0.72 tCO₂e per millions USD. Compared to the peer group median of 1.65 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Castellum rank on GHG emissions intensity within its industry?

In 2024, Castellum ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Castellum is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Castellum's Total Carbon Footprint

In 2024, Castellum reported a total carbon footprint of 73,215 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.71% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Castellum's total carbon footprint was Scope 3 emissions, accounting for 71.11% of the company's total carbon footprint, followed by Scope 2 emissions at 28.02%. a

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