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 49 is higher than 92% 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 66,900 kg CO2e from Scope 1 emissions, primarily from direct operations, and 2,959,600 kg CO2e from Scope 2 emissions, which encompass purchased heat and cooling. The majority of their emissions, about 140,230,000 kg CO2e, fall under Scope 3, which includes significant contributions from capital goods, purchased goods and services, and employee commuting. In 2022, the company's total emissions were approximately 10,301,900 kg CO2e, with Scope 1 emissions at 56,400 kg CO2e and Scope 2 emissions at 5,402,300 kg CO2e. The Scope 3 emissions for that year were around 4,790,500 kg CO2e. Comparatively, in 2021, total emissions reached about 9,149,400 kg CO2e, with Scope 1 at 72,000 kg CO2e and Scope 2 at 4,521,600 kg CO2e, while Scope 3 emissions were approximately 4,556,800 kg CO2e. The 2020 emissions were reported at 8,219,000 kg CO2e, with Scope 1 emissions of 73,800 kg CO2e and Scope 2 emissions of 4,702,000 kg CO2e. Despite these figures, Olav Thon Eiendomsselskap has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions across all three scopes, reflecting its engagement with sustainability practices in the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
