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.
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.
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.
Reitan Eiendom AS's score of 42 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. Notably, the Scope 3 emissions are primarily driven by purchased goods and services, which account for about 48,594,000 kg CO2e. In 2023, the company recorded total emissions of about 42,417,000 kg CO2e, with Scope 1 emissions at approximately 12,000 kg CO2e, Scope 2 emissions of around 5,448,000 kg CO2e (market-based), and Scope 3 emissions of about 36,963,000 kg CO2e. The 2022 emissions were higher, at approximately 75,612,000 kg CO2e, with Scope 1 emissions of about 13,000 kg CO2e and Scope 2 emissions of around 159,000 kg CO2e. Despite the fluctuations in emissions, Reitan Eiendom AS has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates as a current subsidiary of Reitan Eiendom AS, inheriting emissions data from its parent organisation. Overall, Reitan Eiendom AS's emissions profile reflects a significant reliance on Scope 3 emissions, particularly from purchased goods and services, highlighting an area for potential improvement in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
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.
