Citycon Oyj

Common Name
Citycon
Country
Finland
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
142
Ticker
CTY1S
Exchange
NASDAQ HELSINKI LTD
Description
Citycon Oyj is a Finland-based real estate investment company primarily engaged in the ownership, management, and development of urban hubs and necessity-based shopping centers across the Nordic and B...

Citycon's Climate Target Data Preview

As of 2023, Citycon has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Citycon ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Citycon’s Climate Targets Data

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a. Citycon's Sustainability Report 2023
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Insights into Citycon's Greenhouse Gas Emissions Pathways

As of 2023, Citycon has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Citycon have a target to reduce the emissions from its operations?

As of 2023, Citycon has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Citycon's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 19,905 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

Citycon has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Citycon's Operational (Scope 1+2) Emissions Pathway

20202023203005 k10 k15 k20 kBaselineCurrent (-73%)Target 2030 (-42%)
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