Cibus Nordic Real Estate Ab Publ
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 53 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cibus Nordic Real Estate Ab Publ's reported carbon emissions
In 2023, Cibus Nordic Real Estate AB (publ) reported total carbon emissions of approximately 26,882,000 kg CO2e. This figure includes 888,000 kg CO2e from Scope 1 emissions, 83,000 kg CO2e from Scope 2 emissions, and a significant 25,912,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2022 as the base year. Additionally, Cibus is committed to measuring and reducing its Scope 3 emissions as part of its broader climate strategy. Cibus has established a long-term goal of climate neutrality by 2030, aligning its targets with the Science Based Targets initiative (SBTi). This commitment reflects the company's dedication to sustainable practices within the real estate sector, focusing on reducing greenhouse gas emissions across all scopes. The company's efforts are part of a growing trend in the industry, where firms are increasingly held accountable for their environmental impact and are taking proactive steps to mitigate climate change.
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| 2018 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
