Olav Thon Eiendomsselskap
Olav Thon Eiendomsselskap, commonly referred to as Thon Eiendom, is a prominent player in the Norwegian real estate industry, headquartered in Oslo, Norway. Founded in 1982, the company has established itself as a leader in property management and development, focusing primarily on shopping centres, hotels, and commercial properties across Norway and Sweden. With a diverse portfolio that includes over 100 properties, Thon Eiendom is renowned for its commitment to sustainability and innovative design. The company has achieved significant milestones, including the development of several award-winning shopping centres that enhance urban environments. As a key market participant, Olav Thon Eiendomsselskap continues to set benchmarks in the real estate sector, driven by a vision of creating vibrant spaces that foster community engagement.
DitchCarbon Score
How does Olav Thon Eiendomsselskap'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
Olav Thon Eiendomsselskap's score of 39 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Olav Thon Eiendomsselskap's reported carbon emissions
In 2023, Olav Thon Eiendomsselskap reported total carbon emissions of approximately 143,256,600 kg CO2e. This figure includes emissions from Scope 1, Scope 2, and Scope 3 sources. Specifically, Scope 1 emissions were about 66,900 kg CO2e, while Scope 2 emissions totalled approximately 2,959,600 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 143,256,600 kg CO2e, with significant contributions from purchased goods and services (approximately 123,746,500 kg CO2e) and business travel (around 3,420,000 kg CO2e). In previous years, emissions were recorded as follows: in 2022, total emissions were about 10,301,900 kg CO2e; in 2021, they reached approximately 9,149,400 kg CO2e; and in 2020, emissions were around 8,219,000 kg CO2e. Notably, the company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment to sustainability and emissions reduction. Olav Thon Eiendomsselskap's emissions profile highlights the importance of addressing Scope 3 emissions, which represent a significant portion of their overall carbon footprint. The absence of defined reduction initiatives suggests an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 73,800 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 4,702,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,443,200 | 0,000,000 | 0,000,000 | 000,000,000 |
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.
Olav Thon Eiendomsselskap is not committed to any 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.
