Public Profile

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.

19

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.

15

Industry Benchmark

Olav Thon Eiendomsselskap's score of 19 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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 a significant 143,256,600 kg CO2e, with notable contributions from purchased goods and services (about 123,746,500 kg CO2e) and business travel (approximately 3,420,000 kg CO2e). In 2022, the company's total emissions were reported at approximately 10,301,900 kg CO2e, with Scope 1 emissions at about 56,400 kg CO2e, Scope 2 emissions at approximately 5,402,300 kg CO2e, and Scope 3 emissions reaching around 4,790,500 kg CO2e. For 2021, total emissions were approximately 9,149,400 kg CO2e, with Scope 1 emissions of about 72,000 kg CO2e, Scope 2 emissions at approximately 4,521,600 kg CO2e, and Scope 3 emissions totalling around 4,556,800 kg CO2e. In 2020, the company reported total emissions of about 8,219,000 kg CO2e, with Scope 1 emissions at approximately 73,800 kg CO2e, Scope 2 emissions at around 4,702,000 kg CO2e, and Scope 3 emissions of about 3,443,200 kg CO2e. Despite the increasing trend in emissions over the years, there are currently no specific reduction targets or climate pledges disclosed by Olav Thon Eiendomsselskap. The company continues to monitor and report its emissions across all scopes, reflecting its commitment to transparency in its environmental impact.

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Add to project
2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Olav Thon Eiendomsselskap's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Olav Thon Eiendomsselskap is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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