Reitan Eiendom AS Sustainability Profile
Reitan Eiendom AS, headquartered in Norway, is a prominent player in the real estate industry, specialising in property development and management. Founded in 1996, the company has established a strong presence across various regions in Norway, focusing on creating sustainable and innovative real estate solutions. With a diverse portfolio that includes commercial properties, residential developments, and retail spaces, Reitan Eiendom is recognised for its commitment to quality and sustainability. The company has achieved significant milestones, including numerous successful projects that enhance urban living and contribute to local economies. As a leader in the Norwegian real estate market, Reitan Eiendom AS continues to set benchmarks for excellence, driven by a vision to create spaces that foster community and growth.
DitchCarbon Score
How does Reitan Eiendom AS'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
Reitan Eiendom AS's score of 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Reitan Eiendom AS's reported carbon emissions
In 2024, Reitan Eiendom AS reported total carbon emissions of approximately 71,802,000 kg CO2e. This includes Scope 1 emissions of about 6,000 kg CO2e, Scope 2 emissions of approximately 19,006,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 52,784,000 kg CO2e. The Scope 3 emissions breakdown reveals that purchased goods and services account for about 48,594,000 kg CO2e, while downstream leased assets contribute approximately 3,493,000 kg CO2e. In 2023, the company’s total emissions were about 42,417,000 kg CO2e, with Scope 1 emissions at 12,000 kg CO2e, Scope 2 emissions of approximately 5,448,000 kg CO2e (market-based), and Scope 3 emissions reaching around 36,963,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 75,612,000 kg CO2e, with Scope 1 emissions of 13,000 kg CO2e, Scope 2 emissions of about 159,000 kg CO2e, and Scope 3 emissions of approximately 75,440,000 kg CO2e. Despite these figures, Reitan Eiendom AS has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates as a current subsidiary of Reitan Eiendom AS, inheriting emissions data from its parent organisation without specific climate pledges or initiatives reported. Overall, Reitan Eiendom AS's emissions data reflects a significant carbon footprint, particularly in Scope 3 emissions, highlighting the need for strategic climate action and reduction commitments in the future.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 13,000 | 00,000 | 0,000 |
| Scope 2 | 159,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 75,440,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Reitan Eiendom AS's Industry?
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Reitan Eiendom AS's Scope 3 Categories Breakdown
Reitan Eiendom AS's Scope 3 emissions, which increased by 43% last year and decreased by approximately 30% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 92% of Scope 3 emissions.
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Reitan Eiendom AS's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Reitan Eiendom AS has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
