Olav Thon Gruppen
Olav Thon Gruppen, a prominent player in the Norwegian real estate and hospitality sectors, is headquartered in Oslo, Norway. Founded in 1951, the company has established itself as a leader in property management and development, with a diverse portfolio that includes shopping centres, hotels, and residential properties across Norway and Sweden. The group is renowned for its commitment to sustainability and innovation, offering unique services that enhance customer experiences in both retail and accommodation. With a strong market position, Olav Thon Gruppen has achieved significant milestones, including the development of some of Norway's largest shopping centres. Its dedication to quality and community engagement has solidified its reputation as a trusted name in the industry.
DitchCarbon Score
How does Olav Thon Gruppen'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 Business 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 Gruppen's score of 36 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Olav Thon Gruppen's reported carbon emissions
In 2023, Olav Thon Gruppen reported total carbon emissions of approximately 322,687,000 kg CO2e. This figure includes 136,000 kg CO2e from Scope 1 emissions, 3,586,000 kg CO2e from Scope 2 emissions, and a significant 217,062,000 kg CO2e from Scope 3 emissions. The previous year, 2022, also saw total emissions at approximately 322,687,000 kg CO2e, with Scope 1 emissions at 67,000 kg CO2e, Scope 2 at 3,420,000 kg CO2e, and Scope 3 emissions reaching 362,488,000 kg CO2e. In 2021, the company reported total emissions of about 22,496,000 kg CO2e, with Scope 1 emissions at 91,000 kg CO2e, Scope 2 at 5,160,000 kg CO2e, and Scope 3 at 220,970,000 kg CO2e. For 2020, emissions were significantly higher, totalling approximately 228,630,000 kg CO2e from Scope 3, alongside 66,000 kg CO2e from Scope 1 and 4,520,000 kg CO2e from Scope 2. Despite these figures, Olav Thon Gruppen has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction commitments suggests a need for further transparency regarding their climate strategies and future goals.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 66,000 | 00,000 | 00,000 | 000,000 |
| Scope 2 | 4,520,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 228,630,000 | 000,000,000 | 000,000,000 | 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 Gruppen 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.
