Sustainability initiatives are deeply embedded in Castellum’s business model. Green financing plays a crucial role in advancing these initiatives. Since establishing its first Green Bond Framework in 2016, Castellum has continuously evolved its approach to green financing. This updated Green Financing Framework reflects Castellum’s net-zero roadmap and the sustainability strategy “The sustainable city”, as well as recent market developments. The Framework is aligned with the 2025 ICMA Green Bond Principles and the 2025 LMA Green Loan Principles and has been adapted to the EU Taxonomy. The updated Framework has been developed together with Handelsbanken.

S&P has performed an independent assessment, a Second Party Opinion, on the Framework and has awarded it a “Medium green shading”. In its Second Party Opinion S&P specifically highlights Castellum´s sustainability strategy, including the action plan for reducing greenhouse gas emissions across the value chain and the incorporation of reused and circular materials into Castellum´s projects as strengths.

“The updated green framework aligns the company’s sustainability efforts with its financing strategy. It enables us to further diversify our funding sources and strengthens our position in both the banking and capital markets”, says Jens Andersson, CFO of Castellum Aktiebolag.

The Framework and the Second Party Opinion are available in full on Castellum’s website.

For further information, please contact:
Jens Andersson, Chief Financial Officer, Castellum Aktiebolag, +46 76 855 67 02
Fredrik Elliot, Head of Treasury, Castellum Aktiebolag, +46 8 503 052 74