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 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 Scope 1 emissions of about 629,000 kg CO2e, primarily from mobile combustion and fugitive emissions, and Scope 2 emissions of about 83,000 kg CO2e, mainly from purchased electricity. The majority of their emissions, approximately 25,912,000 kg CO2e, fall under Scope 3, which encompasses capital goods, business travel, upstream leased assets, purchased goods and services, and fuel and energy-related activities. Cibus has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2022 as the baseline year. This target has been approved by the Science Based Targets initiative (SBTi) and reflects their commitment to align with the 1.5°C climate goal. Additionally, Cibus is focused on measuring and reducing its Scope 3 emissions as part of its broader climate strategy. The company is also working towards achieving climate neutrality by 2030, as outlined in their near-term targets. These initiatives demonstrate Cibus Nordic Real Estate AB's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 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 |
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 participating in some of the initiatives that 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.
