Oct 19 2015
Castellum – one of the largest listed real estate companies in Sweden – was awarded the World Green Building Council’s top distinction, Business Leadership in Sustainability, at a ceremony in Verona, Italy.
The award is part of the Council’s Europe Region Leadership Awards, and it promotes leading sustainable businesses and inspires best practice in sustainable construction, corporate engagement and sustainable projects.
The organization behind the award, The World Green Building Council, is a global network focused on sustainability issues in the real estate sector. The Council is represented in more than one hundred countries. National Green Building Councils across Europe have nominated companies who lead in sustainable development in their respective countries for the award now bestowed upon Castellum. Motivation for the award states that Castellum’s sustainability efforts, “are clearly integrated into the company’s business model both socially and economically, as well as environmentally, thus contributing to the transition to a sustainable environment.”
This is the second time in a short period that the company has been recognized for its sustainability efforts. Castellum was presented with the “Green Star 2015” sustainability award in September, which means that Castellum is one of the highest ranking companies in the world in the real estate sector. The distinction is awarded by GRESB (Global Real Estate Sustainability Benchmark), an international organization working to enhance and protect shareholders by evaluating and improving sustainability activities in the global real estate sector. More than 700 real estate companies participated in the evaluation.
Castellum has been working on sustainability issues since it was founded, in the mid 90s. Today, the company’s sustainability efforts are divided into four focus areas. It’s about: minimizing the use of resources such as energy and water; developing a sustainable real estate portfolio; forming sustainable partnerships with customers and suppliers; and deeply committed community outreach.
“It feels fantastic to receive these prestigious awards in such fierce competition”, says Henrik Saxborn, CEO of Castellum AB (publ), the parent company of six wholly owned subsidiaries with properties from Uppsala to Copenhagen. “The award spurs the entire Group to continue developing our sustainability efforts.”
“Castellum doesn’t choose between sustainability and economic growth – on the contrary, our sustainability efforts are a fundamental condition for creating long-term growth”, Saxborn continues.
Castellum AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 41 billion, and comprises premises for office, retail, warehouse and industrial purposes with a total lettable area of approx 3.4 million sq.m. The real estate portfolio is owned and managed by six wholly owned subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Mälardalen and Eastern Götaland.