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Olav Thon Gruppen, a prominent player in the Norwegian business landscape, is headquartered in Oslo, Norway. Established in 1951, the company has evolved within the "Other business services" sector, primarily focusing on real estate and hospitality. With a diverse portfolio that includes shopping centres, hotels, and property management, Olav Thon Gruppen stands out for its commitment to quality and sustainability.
Over the decades, the company has achieved significant milestones, including the expansion of its retail and hotel operations across Norway and parts of Sweden. Renowned for its innovative approach to property development, Olav Thon Gruppen has solidified its market position as a leader in the industry, consistently delivering exceptional value to its clients and stakeholders.
59
DitchCarbon score
+23 vs industry average
Olav Thon Gruppen’s score of 59 is higher than 71% 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
Very Low
Business Services is among the least carbon-intensive industries
Industry performance
0.146
20182025
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Olav Thon Gruppen's reported carbon emissions
Olav Thon Gruppen reported total carbon emissions of approximately 386.17 million kg CO2e in 2025. This includes Scope 1 emissions of around 5.18 million kg CO2e, Scope 2 market-based emissions of approximately 137.76 million kg CO2e, and Scope 3 emissions of about 245.15 million kg CO2e.
Looking back, in 2024, the total emissions were approximately 144.65 million kg CO2e, with Scope 1 at about 3.99 million kg CO2e, Scope 2 market-based at around 106.77 million kg CO2e, and Scope 3 at approximately 33.89 million kg CO2e. For 2023, the total emissions stood at around 322.69 million kg CO2e. This comprised Scope 1 emissions of approximately 4.89 million kg CO2e, Scope 2 emissions of about 9.33 million kg CO2e, and Scope 3 emissions of around 308.47 million kg CO2e.
Olav Thon Gruppen has committed to Science Based Targets initiative (SBTi) for Net-Zero, with a long-term target for all scopes by 2050. This commitment is inherited from its parent company, Olav Thon Gruppen AS.
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Olav Thon Gruppen’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Olav Thon Gruppen yet.
Scope 3 top emissions categories
13 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Olav Thon Gruppen20 days ago
59
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Frequently asked questions
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