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 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Olav Thon Eiendomsselskap's reported carbon emissions
In 2023, Olav Thon Eiendomsselskap reported total carbon emissions of approximately 145,000,000 kg CO2e. This figure includes Scope 1 emissions of about 66,900 kg CO2e, Scope 2 emissions of approximately 2,959,600 kg CO2e, and significant Scope 3 emissions totalling around 143,256,600 kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 123,746,500 kg CO2e, alongside other categories such as capital goods and employee commuting. In comparison, the company's emissions in 2022 were approximately 10,301,900 kg CO2e, with Scope 1 emissions at about 56,400 kg CO2e, Scope 2 emissions around 5,402,300 kg CO2e, and Scope 3 emissions totalling approximately 4,790,500 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023, particularly in Scope 3 categories. Despite the lack of specific reduction targets or initiatives disclosed, Olav Thon Eiendomsselskap is actively monitoring its carbon footprint across all scopes. The company has committed to transparency in its emissions reporting, providing detailed insights into its operational impact on climate change.
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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 participating in any of the initiatives that 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.
