Castellum continues to meet Nasdaq's Green Equity criteria
Castellum has once again been confirmed as a green equity on Nasdaq Stockholm, reaffirming that the company continues to meet all the criteria required to maintain its Green Equity Designation. Castellum remains one of the few major property companies in the Nordics to consistently qualify for this important classification.
Nasdaq’s Green Equity Designation aims to enhance visibility for investors seeking sustainable investment opportunities. To be classified as green equity, at least 50 per cent of a company’s revenue and investments must be considered green, and less than 5 per cent of its assets can be linked to fossil fuels.
According to a recent review conducted by S&P Global Shades of Green, Castellum meets all these criteria. The review indicates that 55 per cent of the company’s revenue and 82 per cent of its investments must be considered green.
“Nasdaq's green classification of Castellum’s equity simplifies the process for investors to choose green investments without conducting extensive individual analyses. The market can trust that Castellum is making a significant impact on what is arguably the most important challenge of our time. We will continue to prioritise sustainability and are pleased to see the capital market is doing the same,” says Joacim Sjöberg, CEO of Castellum AB.
The growing interest in sustainable investments is a positive development that benefits both investors and society as a whole.
“It is encouraging to see the increased interest in sustainable investments. Green investments will be crucial in achieving our shared global climate goals,” says Filip Elland, Chief Sustainability Manager of Castellum AB.
For further information, please contact:
Joacim Sjöberg, CEO Castellum AB, +46 8 503 052 00
Filip Elland, Chief Sustainability Officer Castellum AB, +46 70 320 63 26
