Nrep Sustainability Profile
Nrep, officially known as Nrep A/S, is a leading real estate investment and development firm headquartered in Denmark (DK). Established in 2005, the company has made significant strides in the Nordic property market, focusing on sustainable urban development and innovative asset management. With a strong presence in Denmark, Sweden, Norway, and Finland, Nrep has carved out a niche in the logistics, residential, and commercial sectors. Nrep is renowned for its commitment to sustainability, offering unique solutions that enhance the value of properties while minimising environmental impact. The firm’s core services include property development, investment management, and asset management, all underpinned by a forward-thinking approach. With numerous accolades and a robust portfolio, Nrep continues to solidify its position as a key player in the Nordic real estate landscape.
DitchCarbon Score
How does Nrep'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
Nrep's score of 18 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nrep's reported carbon emissions
In 2023, Nrep reported operational greenhouse gas emissions of approximately 8,100 kg CO2e, although specific scopes of emissions (Scope 1, 2, or 3) were not disclosed. In 2022, the company’s emissions were significantly higher, with Scope 3 emissions from capital goods reaching about 111,629,000 kg CO2e and downstream leased assets contributing approximately 23,604,000 kg CO2e. Additionally, in the same year, Nrep reported in-use operational emissions of about 8,600 kg CO2e and construction-related embodied emissions of around 6,400 kg CO2e. Nrep is committed to achieving net-zero emissions across all scopes by 2050, with targets set through the Science Based Targets initiative (SBTi). The company has committed to covering 65% of its total investment and lending by gross asset value as of 2023, aligning its operations with the necessary reductions to limit global warming to 1.5°C. This commitment reflects Nrep's proactive approach to climate action within the real estate sector, demonstrating a long-term strategy to mitigate its carbon footprint.
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| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 135,233,000 |
How Carbon Intensive is Nrep's Industry?
How Carbon Intensive is Nrep's Location?
Nrep's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Capital Goods" being the largest emissions source at 83% of Scope 3 emissions.
Top Scope 3 Categories
Nrep'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.
Nrep 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.
