Olav Thon Eiendomsselskap, a prominent player in the real estate services sector, is headquartered in Norway. Established in 1982, the company has built a robust portfolio primarily focused on property management, development, and investment, with a significant presence in major Norwegian cities.
Renowned for its innovative approach, Olav Thon Eiendomsselskap offers a diverse range of services, including shopping centre management and commercial property leasing, setting itself apart through a commitment to sustainability and community engagement.
With a strong market position, the company has achieved notable milestones, including the development of several landmark properties across Norway. Its dedication to quality and customer satisfaction has solidified its reputation as a leader in the real estate industry.
+2 vs industry average
Olav Thon Eiendomsselskap’s score of 31 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Olav Thon Eiendomsselskap's reported carbon emissions
Olav Thon Eiendomsselskap ASA, a real estate services company based in Norway (NO), reported total carbon emissions of approximately 146.7 million kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In 2023, their Scope 1 emissions were about 66,900 kg CO2e, while Scope 2 emissions amounted to approximately 3.4 million kg CO2e. The majority of their reported emissions in 2023 fell under Scope 3, totalling about 143.3 million kg CO2e.
Prior to this, in 2021, Olav Thon Eiendomsselskap ASA reported total emissions of approximately 9.1 million kg CO2e. This included Scope 1 emissions of about 72,000 kg CO2e, Scope 2 emissions of approximately 4.5 million kg CO2e, and Scope 3 emissions of about 4.6 million kg CO2e. In 2020, their total emissions were around 8.2 million kg CO2e, with Scope 1 at approximately 73,800 kg CO2e, Scope 2 at about 4.7 million kg CO2e, and Scope 3 at approximately 3.4 million kg CO2e.
In 2019, the company reported significantly higher total emissions of approximately 71.8 million kg CO2e, with Scope 1 at around 95,300 kg CO2e, Scope 2 at about 5.9 million kg CO2e, and Scope 3 at approximately 65.8 million kg CO2e.
Olav Thon Eiendomsselskap ASA is part of Olav Thon Gruppen AS, a corporate family. While specific reduction targets for Olav Thon Eiendomsselskap ASA are not detailed, their sustainability reporting for 2023 indicates a focus on emissions across all scopes. The company has not publicly disclosed SBTi, Climate Pledge, or RE100 commitments.
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Olav Thon Eiendomsselskap’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Olav Thon Eiendomsselskap yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Olav Thon Eiendomsselskap
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