Castellum’s agenda for the sustainable city 2030
By 2030, Castellum will be entirely climate neutral. Castellum’s sustainability strategy, “The sustainable city 2030”, consists of three areas of focus: Future-proofed assets, Sustainable workplaces and Sound business. This strategy will ensure that the sustainability goals are achieved and that the company is both successful and relevant – not just today, but for a long time to come.
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We create the sustainable cities of the future
Castellum works sustainably. We are reducing our environmental impact, we work on energy efficiency, and we certify our properties for sustainability. We are a long-term community developer. Sustainability is integrated into everything we do. And in all of our investments. We regard laws and regulations as minimum requirements, and strive for continual improvements. Castellum is a responsible community developer, and we drive development forward. “The sustainable city 2030” consists of three areas of focus: Future-proofed assets, Sustainable workplaces and Sound business. Based on these areas of focus, Castellum conducts its operations responsibly and creates long-term solutions from an economic, ecological and social perspective. By 2030, Castellum will have net-zero carbon emissions. In 2017, the Board of Directors adopted a concrete sustainability strategy – The sustainable city 2030 – with 22 measurable targets that are revised and updated annually. The majority of the targets are monitored and reported quarterly. The climate-related goals that Castellum has adopted have been approved by the Science Based Targets initiative (SBTi).
Agenda for the sustainable city 2030
Ongoing targets
- 1 per cent water conservation per year*
- 2.5 per cent energy efficiency enhancements per year*
- The green appendix shall always be used for all new tenancy agreements unless special cir-cumstances apply
- Net positive increase of ecosystem services in major projects
- Re-use in all projects
- <2 per cent short-term sick leave
- <3 per cent long-term sick leave
- Increased share of anonymised recruitments
- Zero workplace injuries and work-related illnesses among employees and suppliers
- 10 per cent of Castellum's employees annually shall be apprentices from education and apprentices outside the labour market
- Castellum's engagement index shall be higher than the external benchmark
* In the like-for-like portfolio
Target 2025
- 11 per cent reduction in energy consumption compared with 2021*
- 70 per cent of Castellum’s properties must have an energy performance lower than 100 kWh/sq. m. per year
- 40 to 60 per cent gender equality among all occupational categories
- 20 per cent of Castellum’s employees to have international backgrounds
Target 2030
- Net zero carbon emissions, validated by the Science Based Targets initiative. Achieved using the following road maps:
- Net zero in road map property management (Scope 1 & 2)
- Net zero in road map project development (Scope 3)
- Net zero in road map customer journey (Scope 3)
- 100 per cent non-fossil fuel energy
- 75 per cent of the portfolio is to be sustainability certified
- Re-use and renewable materials must be a significant element in all projects
Long-term targets
- 100 per cent of Castellum’s properties must have an energy performance lower than 50 kWh/sq. m. per year
- No properties will have serious climate risks
- All large and critical suppliers will be screened for material business and sustainability risks
Sustainability initiatives are integrated into everything we do
Castellum should promote sustainable development, and its sustainability goals should be integrated into its operations, yielding tangible results. This work permeates the entire business. Corporate social responsibility is crucial to the company’s success and drives profitability and the development of long-term shareholder value. Key starting points for our sustainability initiatives are the ten principles of the UN Global Compact – which we support and have signed on to – as well as the Paris Agreement, and we actively promote the efforts to realise the UN Sustainable Development Goals.
Historical targets and outcome
|
2023 |
2022 |
2021 |
2020 |
2019 |
|
| Annual goals | |||||
| 1% water conservation per year (in the like-for-like portfolio) | -5% | (+)1% | -13% | -3% | -1% |
| 2.5% energy savings per square metre per year (in the like-for-like portfolio) | -4% | 4% | 0% | -12% | -8% |
| The green appendix shall always be used for all new tenancy agreements unless special circumstances apply (implemented 2024) | - | - | - | - | - |
| Net positive increase of ecosystem services in larger projects1) | Required | Required | 100% | 100% | 100% |
| Re-use in all projects2) | Required | Required | - | - | - |
| <2% short-term sick leave | 1.0% | 1.30% | 1.10% | 0.9% | 1.00% |
| <3% long-term sick leave | 1.4% | 1.60% | 1.80% | 1.10% | 1.90% |
| Increased share of anonymised recruitments (implemented 2023)3) | 70% | - | - | - | - |
| Zero workplace injuries and work-related illnesses among employees and suppliers (implemented 2022) | 19 | 41 | - | - | - |
| 10% of all employees must be apprentices4) | 9% | 2% | 4% | 2% | 5% |
| Castellum's engagement index shall be higher than the external benchmark (implemented 2024) | - | - | - | - | - |
| Goals 2025 | |||||
| 11 per cent reduction in energy consumption per square metre compared with 20215) | -4% | -2% | -11% | -15% | -8% |
| 70% of Castellum’s properties must have an energy performance lower than 100 kWh/sq. m. per year | 64% | 63% | 67% | - | - |
| 100 solar PV systems in the “100 on Solar” programme | 106 | 76 | 55 | 39 | 26 |
| 40 to 60% gender equality among all occupational categories (see breakdown per category further down) | women 41%, men 59% | women 42%, men 58% | women 43%, men 57% | women 40%, men 60% | women 39%, men 61% |
| 20% of Castellum’s employees to have an international background | 12% | 10% | 9% | 8% | 6% |
| Goals 2030 | |||||
| Net-zero carbon emissions by 2030, validated by the SBTi, according to these road maps: | |||||
| Net-zero in property management (Scope 1 & 2). 1.7 kg CO2e/sq. m. 2023 and 0 kg CO2e/sq. m. 2030 |
1.9 kg CO2e/kvm | 2.3 kg/sq.m. | 1.5 kg/sq.m. | 1.0 kg/sq.m. | 1.5 kg/sq.m. |
| Net-zero in project development (Scope 3). 15% reduction in CO2e/sq. m. from projects |
-37% | -29% | -15% | - | - |
| Net-zero in customer journey (Scope 3). 3.9 kg CO2e/sq. m. 2023 and 0 kg CO2e/sq. m. 2030 (implemented 2023) |
3.9 kg/kvm | - | - | - | - |
| 100% non-fossil energy | 97% | 95% | 95% | 95% | 96% |
| 75% of the property portfolio is to be sustainability certified6) | 50% | 45% | 48% | 39% | 36% |
| Re-use and renewable materials must be a significant element in all projects (implemented 2022)7) | Ongoing | - | - | - | - |
| Long-term targets | |||||
| 100% of Castellum’s properties must have an energy performance lower than 50 kWh/sq. m. per year8) | 27% | 28% | 31% | - | - |
| No properties will have severe climate risks8) | Ongoing | - | - | - | - |
| All large and critical suppliers will be screened for material business and sustainability risks (implemented 2024) | - | - | - | - | - |
- Target edited 2022. Previous target: "Provision of ecosystem services in major projects"
- Implementation completed in the end of 2022. Since then, re-use is emplyed in all Castellum's projects. Follow up starts in 2023.
- Refers to the proportion of anonymised recruitments in 2023.
- Interns from education and interns outside the labour market.
- Target edited 2022, due to consolidation of Kungsleden. Previous target: "22% lower energy consumption cf. 2015"
- Target edited 2024. Previous target: "50% of the property portfolio is to be sustainability certified".
- Target implemented 2022. Follow up and reporting will begin in the coming years.
- Target not set for a specific year. It is managed as a long-term goal.
Equality per occupational category
|
2023 |
2022 |
||||
| Women | Men | Women | Men | ||
| Customer relations/property management | 36% | 64% | 35% | 65% | |
| Project and business development | 32% | 68% | 34% | 66% | |
| Support functions | 64% | 36% | 63% | 37% | |
| Executives | 40% | 60% | 42% | 58% | |
| Regional management groups | 39% | 61% | 44% | 56% | |
| Executive management | 37% | 63% | 48% | 52% | |
