Cibus Nordic Real Estate Ab Publ Sustainability Profile
Cibus Nordic Real Estate Ab Publ, commonly referred to as Cibus, is a prominent player in the Nordic real estate sector, headquartered in Sweden (SE). Established in 2017, the company has rapidly positioned itself as a leader in the acquisition and management of grocery store properties across the Nordic region, including Sweden, Finland, and Norway. Cibus focuses on high-quality, essential retail properties, primarily anchored by grocery chains, which ensures stable cash flows and long-term value. Its unique investment strategy centres on acquiring properties with strong tenant covenants, providing a resilient portfolio that thrives even in fluctuating market conditions. With a commitment to sustainable growth and a robust operational framework, Cibus has achieved significant milestones, including a successful listing on the Nasdaq First North Growth Market. The company continues to enhance its market presence, making it a noteworthy entity in the Nordic real estate landscape.
DitchCarbon Score
How does Cibus Nordic Real Estate Ab Publ's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cibus Nordic Real Estate Ab Publ's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Cibus Nordic Real Estate Ab Publ's reported carbon emissions
In 2023, Cibus Nordic Real Estate AB (publ) reported total carbon emissions of approximately 302,000 kg CO2e from its operations in Sweden. This includes 112,000 kg CO2e from Scope 1 emissions, 7,000 kg CO2e from Scope 2 emissions, and 183,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2022 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. Cibus is also focused on measuring and reducing its Scope 3 emissions, which represent a significant portion of its carbon footprint. The company has committed to achieving climate neutrality by 2030, reflecting its dedication to sustainable practices within the real estate sector. The emissions data is not cascaded from any parent organization, ensuring that these figures are specific to Cibus Nordic Real Estate AB (publ).
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 6,600 | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 00,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 |
How Carbon Intensive is Cibus Nordic Real Estate Ab Publ's Industry?
How Carbon Intensive is Cibus Nordic Real Estate Ab Publ's Location?
Cibus Nordic Real Estate Ab Publ's Scope 3 Categories Breakdown
Cibus Nordic Real Estate Ab Publ's Scope 3 emissions, which decreased by 7% last year and decreased by approximately 7% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Cibus Nordic Real Estate Ab Publ's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cibus Nordic Real Estate Ab Publ has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Cibus Nordic Real Estate Ab Publ's sustainability data and climate commitments