Olav Thon Eiendomsselskap

Olav Thon Eiendomsselskap, a real estate services company headquartered in Norway, reported total carbon emissions of approximately 146.7 million kg CO2e in 2023. This includes Scope 1 emissions of 66,900 kg CO2e, Scope 2 emissions of 3.42 million kg CO2e, and Scope 3 emissions of approximately 143.3 million kg CO2e. In 2022, the company reported Scope 1 and 2 emissions of approximately 5.25 million kg CO2e. For 2021, total emissions were approximately 9.15 million kg CO2e, with Scope 1 emissions at 72,000 kg CO2e (including 66,200 kg CO2e from mobile combustion and 5,800 kg CO2e from stationary combustion), Scope 2 emissions at approximately 4.52 million kg CO2e (including 552,800 kg CO2e from purchased heat and approximately 3.97 million kg CO2e from purchased electricity), and Scope 3 emissions at approximately 4.56 million kg CO2e (including 35,200 kg CO2e from business travel and approximately 4.52 million kg CO2e from waste generated in operations). In 2020, total emissions were approximately 8.22 million kg CO2e, comprising Scope 1 emissions of 73,800 kg CO2e (mobile combustion), Scope 2 emissions of 4.7 million kg CO2e (purchased electricity), and Scope 3 emissions of approximately 3.44 million kg CO2e (including 5,900 kg CO2e from business travel and approximately 3.44 million kg CO2e from waste generated in operations). In 2019, total emissions were approximately 71.78 million kg CO2e, with Scope 1 emissions of 95,300 kg CO2e, Scope 2 emissions of 5.85 million kg CO2e, and Scope 3 emissions of approximately 65.83 million kg CO2e.

Olav Thon Eiendomsselskap's reduction targets are cascaded from its parent company, Olav Thon Gruppen AS, for the Reforestation & Restoration initiative (RTZ) and Science Based Targets initiative (SBTi). Olav Thon Eiendomsselskap directly manages its CDP reporting.