Cibus Nordic Real Estate Ab Publ, commonly referred to as Cibus, is a prominent player in the Nordic real estate sector, headquartered in Stockholm, Sweden. Founded in 2017, the company has rapidly established itself as a leader in the acquisition and management of grocery-anchored retail properties across Finland and Sweden. Cibus focuses on providing high-quality, sustainable retail spaces that cater to essential consumer needs, setting itself apart with a robust portfolio of strategically located assets. The company’s commitment to long-term value creation and tenant satisfaction has earned it a strong market position, recognised for its innovative approach to real estate investment. With a growing presence in the Nordic region, Cibus continues to drive growth through its unique business model and dedication to operational excellence.
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.
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.
Cibus Nordic Real Estate Ab Publ's score of 50 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cibus Nordic Real Estate AB (publ) reported total carbon emissions of approximately 26.9 million tonnes CO2e. This figure includes 888,000 tonnes CO2e from Scope 1 emissions, 83,000 tonnes CO2e from Scope 2 emissions, and a significant 25.9 million tonnes CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a target to decrease Scope 1 and Scope 2 emissions by 42% 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 Nordic Real Estate is also focused on achieving climate neutrality across all scopes by 2030, as part of its long-term climate strategy. The company aims to measure and reduce its Scope 3 emissions, which represent the largest portion of its total emissions. In 2022, total emissions were reported at approximately 30.8 million tonnes CO2e, indicating a need for significant reductions moving forward. The company’s GHG emissions intensity was recorded at about 21,200 kg CO2e per square metre in 2023, reflecting its ongoing efforts to improve sustainability in its operations.
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Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | 0,000 | 000,000 | 000,000 |
Scope 2 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 |
Scope 3 | 11,958,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cibus Nordic Real Estate Ab Publ is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.