Public Profile

R8 Property ASA

R8 Property ASA, a prominent player in the Norwegian real estate sector, is headquartered in Norway and operates extensively across the Nordic region. Founded in 2006, the company has established itself as a leader in property development and management, focusing on commercial and residential projects that enhance urban living. R8 Property ASA is renowned for its commitment to sustainability and innovative design, offering unique solutions that cater to modern lifestyles. The company’s portfolio includes a diverse range of properties, from cutting-edge office spaces to vibrant residential communities, all characterised by high-quality standards and environmental responsibility. With a strong market position, R8 Property ASA has achieved significant milestones, including numerous awards for its projects and a reputation for excellence in the industry. As it continues to expand, the company remains dedicated to shaping the future of real estate in Norway and beyond.

DitchCarbon Score

How does R8 Property ASA'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.

26

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.

15

Industry Benchmark

R8 Property ASA's score of 26 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

R8 Property ASA's reported carbon emissions

In 2021, R8 Property ASA reported total carbon emissions of approximately 591,800 kg CO2e. This figure includes 47,200 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 418,900 kg CO2e from Scope 2 emissions, mainly related to purchased electricity and heat. Additionally, Scope 3 emissions accounted for about 126,000 kg CO2e, with significant contributions from waste generated in operations (117,400 kg CO2e) and business travel (9,500 kg CO2e). In 2020, the company's total emissions were slightly higher at about 616,900 kg CO2e, with Scope 1 emissions at 35,700 kg CO2e, Scope 2 emissions at 471,900 kg CO2e, and Scope 3 emissions at 87,700 kg CO2e. This indicates a reduction in total emissions of approximately 25,100 kg CO2e from 2020 to 2021. Despite these figures, R8 Property ASA has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company appears to be in the early stages of establishing comprehensive climate commitments, which are essential for aligning with industry standards and addressing climate change effectively.

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Add to project
20202021
Scope 1
35,700
00,000
Scope 2
471,900
000,000
Scope 3
87,700
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. R8 Property ASA's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. R8 Property ASA is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

R8 Property ASA 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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