GOTHENBURG, Sweden, Sept. 12, 2022 /PRNewswire/ — Castellum has met all of the circumstances for securing the Green Equity Designation on Nasdaq Stockholm and has now turn out to be the primary massive property firm within the Nordics to be permitted and categorized as such.
Today, at 9:30 a.m. ET, Castellum’s President and CEO Rutger Arnhult will take part within the bell-ringing ceremony at Nasdaq Tower in New York to spotlight the inexperienced designation of the corporate’s share on Nasdaq Stockholm.
“It is extremely gratifying that Castellum has received this designation in light of how long and how earnestly the company has worked with all kinds of sustainability issues. The company is thoroughly committed, and its goals are set high. By designating Castellum’s equity as green, we clearly show the investor market that Castellum’s operations are leading the way and making a difference in the greatest challenge of our time, and help investors to make sensible, sustainable decisions,” says Rutger Arnhult, Chief Executive Officer of Castellum AB.
“The fact that Castellum’s sustainability performance already exceeds the set requirements by a good margin does not mean in any way that going forward, we will slacken the pace in terms of reaching our own long-term goal of becoming climate-neutral by 2030 at the latest. It is natural for Castellum to always be a driving force for new long-term, climate-positive solutions even outside our own industry,” says Rutger Arnhult.
The goal of Nasdaq’s Green Equity Designation is to offer elevated visibility for traders who’re in search of sustainable investments. To meet the factors for a inexperienced share, at the very least 50 per cent of gross sales and 50 per cent of investments have to be thought-about inexperienced, and fewer than 5 per cent of property will be linked to fossil fuels.
Castellum has engaged the analysis firm Cicero Shades of Green as an exterior get together for the assessment of the appliance course of. Cicero stories that 60 per cent of gross sales and 62 per cent of investments meet the necessities for being thought-about inexperienced.
“As one of the first major property companies, we are incredibly proud that our share has now received Nasdaq’s Green Equity Designation and can thereby be classified as green. Interest in investing sustainably has increased markedly over the last several years, and going forward green investments will be crucial in reaching our shared sustainable development goals and achieving a climate-neutral world,” says Filip Elland, Chief Sustainability Officer at Castellum AB.
For additional info, please contact:
Rutger Arnhult, CEO Castellum AB, +46 704-58 24 70
Filip Elland, Chief Sustainability Officer Castellum AB, +46 70-320 63 26
About Castellum
Castellum is likely one of the largest listed property corporations within the Nordic area that develops versatile workplaces and sensible logistics options. As of 30 June 2022, the property worth totalled roughly SEK 185 billion, together with the possession share of the Norwegian firm Entra ASA. We are lively in enticing Nordic development areas. One of our sustainability targets is to turn out to be completely local weather impartial by 2030 on the newest. Castellum is the one Nordic property and building firm elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.
Beyond expectations.
www.castellum.se
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