Castellum AB

Office REITs / Industrial REITs

CAST.ST

SEK 108 (0.96)%

Share price

$ 4.8 bn

Market Cap

$ 11 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.02x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -8% weighted average for S&P 500

FY2022

Castellum AB aims to achieve net zero for Scope 1 + 2 by 2030

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Stronger than the -6.2% weighted average for S&P 500

FY2022

Castellum AB aims to achieve net zero for Scope 3 by 2030

1.5°C

GHG emissions and Carbon intensity

Castellum AB reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 5.7 Kt (+1.5/+34% y-o-y). Carbon intensity also was up at 7.7 t (+1.4/+22% y-o-y).

Castellum AB's Scope 3 emissions plunged to 86 Kt (-204 /-70.3% y-o-y). This is a higher rate of decline than over the period since 4Q'17 (-23.3% CAGR).

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -0.64 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for Scope 3 by 2030, which translates into the estimated reduction of -9.6 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	5.7	0.32	5.4	86	742	7.7
2020Q4	4.3	0.28	4	290	680	6.3
2019Q4	6.2	0.46	5.8	270	624	10
2018Q4	5	0.68	4.4	276	645	7.8
2017Q4	7.3	1.1	6.1	325	607	12
2016Q4	8.4	0.61	7.7		532	16
2015Q4	11	0.64	11
2014Q4	15	0.85	14