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Olav Thon Eiendomsselskap ASA

Common Name
Olav Thon Eiendomsselskap
Country
Norway
Sector
Real Estate
Industry
Real Estate Services
Employees
265
Ticker
OLT
Exchange
OSLO BORS
Website
www.olt.no
Description
Olav Thon Eiendomsselskap ASA is a leading real estate company operating in Norway, primarily involved in the ownership, management, and development of commercial properties, including shopping center...

Olav Thon Eiendomsselskap's GHG Emissions Data Preview

In 2024, Olav Thon Eiendomsselskap completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Olav Thon Eiendomsselskap has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Olav Thon Eiendomsselskap’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Olav Thon Eiendomsselskap’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Olav Thon Eiendomsselskap’s data sources below and access millions more through our Disclosure Search.

a. Olav Thon Eiendomsselskap's Sustainability Report 2024
a. Olav Thon Eiendomsselskap's Sustainability Report 2024
b. Olav Thon Eiendomsselskap's Sustainability Report 2023
b. Olav Thon Eiendomsselskap's Sustainability Report 2023

Insights into Olav Thon Eiendomsselskap's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Olav Thon Eiendomsselskap amounted to 3,413 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Olav Thon Eiendomsselskap decreased by 2.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Olav Thon Eiendomsselskap's Scope 1 Emissions Over Time

20192022202320240255075100tCO2e-4%-27%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Olav Thon Eiendomsselskap's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Olav Thon Eiendomsselskap were 51 metric tons of CO₂ equivalent (tCO₂e).a

Has Olav Thon Eiendomsselskap reduced its Scope 1 emissions over time?

Since 2019, Olav Thon Eiendomsselskap's Scope 1 emissions have decreased by 46.48%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Olav Thon Eiendomsselskap's Scope 1 emissions decreased by 23.77%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Olav Thon Eiendomsselskap's Scope 2 emissions?

In 2024, Olav Thon Eiendomsselskap reported Scope 2 greenhouse gas (GHG) emissions of 41,201 tCO₂e using the market-based method and 3,362 tCO₂e using the location-based method.a

What methodology does Olav Thon Eiendomsselskap use for Scope 2 reporting?

In 2024, Olav Thon Eiendomsselskap reported its Scope 2 emissions using the market-based method and using the location-based method.a

Olav Thon Eiendomsselskap's Scope 2 Emissions Over Time

2019202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Olav Thon Eiendomsselskap's Value Chain Emissions

In 2024, Olav Thon Eiendomsselskap reported 20,512 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Olav Thon Eiendomsselskap includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, down from 6 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Olav Thon Eiendomsselskap's Scope 3 Emissions Over Time

2019202220232024040 k80 k120 k160 ktCO2e+12%+95%-86%
  • Total Scope 3
  • Year-over-Year Change

What are Olav Thon Eiendomsselskap's Scope 3 emissions?

In 2024, Olav Thon Eiendomsselskap reported total Scope 3 emissions of 20,512 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 29.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 70.04% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Olav Thon Eiendomsselskap reduced its Scope 3 emissions over time?

Since 2019, Olav Thon Eiendomsselskap's Scope 3 emissions have decreased by 68.84%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Olav Thon Eiendomsselskap's Scope 3 emissions decreased by 85.68%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Olav Thon Eiendomsselskap disclose?

In 2024, Olav Thon Eiendomsselskap reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Olav Thon Eiendomsselskap's Scope 3 emissions?

In 2024, the largest contributors to Olav Thon Eiendomsselskap's Scope 3 emissions were:a

  • Downstream Leased Assets (Cat. 13): 14,368 tCO₂e (70.04%)
  • Waste Generated in Operations (Cat. 5): 3,957 tCO₂e (19.29%)
  • Fuel- and Energy-Related Services (Cat. 3): 2,061 tCO₂e (10.05%)

Olav Thon Eiendomsselskap's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(10.0%)Waste Generated inOperations (Cat. 5)(19.3%)Downstream LeasedAssets (Cat. 13)(70.0%)

Insights into Olav Thon Eiendomsselskap’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Olav Thon Eiendomsselskap reported Scope 1 greenhouse gas (GHG) emissions of 51 tCO₂e and total revenues of USD 431 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD.a

Olav Thon Eiendomsselskap's Scope 1 Emissions Intensity Compared to Peers

21005,000200,00010,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)IGBKFortressYear: 2024Scope 1: 2,469 tCO2eRevenue: $M 241Scope 1 Intensity: 10.25 tCO2e/$MPSP Swiss PropertyYear: 2024Scope 1: 5,753 tCO2eRevenue: $M 407Scope 1 Intensity: 14.15 tCO2e/$MVGPYear: 2024Scope 1: 742 tCO2eRevenue: $M 131Scope 1 Intensity: 5.68 tCO2e/$MPlatzer Fastigheter HoldingYear: 2024Scope 1: 216 tCO2eRevenue: $M 152Scope 1 Intensity: 1.43 tCO2e/$MAdler GroupYear: 2024Scope 1: 37,047 tCO2eRevenue: $M 408Scope 1 Intensity: 90.77 tCO2e/$MAllosYear: 2023Scope 1: 20,623 tCO2eRevenue: $M 559Scope 1 Intensity: 36.88 tCO2e/$MNyfosaYear: 2024Scope 1: 777 tCO2eRevenue: $M 333Scope 1 Intensity: 2.33 tCO2e/$MIntershop HoldingYear: 2024Scope 1: 3,926 tCO2eRevenue: $M 117Scope 1 Intensity: 33.52 tCO2e/$MCentral China New LifeYear: 2023Scope 1: 1,075 tCO2eRevenue: $M 438Scope 1 Intensity: 2.46 tCO2e/$MIIIHS HoldingYear: 2024Scope 1: 868,011 tCO2eRevenue: $M 1,711Scope 1 Intensity: 507.25 tCO2e/$MRMR GroupYear: 2023Scope 1: 2,394,468 tCO2eRevenue: $M 962Scope 1 Intensity: 2,488.23 tCO2e/$MHysan DevelopmentYear: 2023Scope 1: 1,754 tCO2eRevenue: $M 411Scope 1 Intensity: 4.27 tCO2e/$MPatriziaYear: 2024Scope 1: 2 tCO2eRevenue: $M 264Scope 1 Intensity: 0.01 tCO2e/$MWihlborgs FastigheterYear: 2024Scope 1: 510 tCO2eRevenue: $M 379Scope 1 Intensity: 1.35 tCO2e/$MDeutsche EuroShopYear: 2023Scope 1: 4,756 tCO2eRevenue: $M 302Scope 1 Intensity: 15.72 tCO2e/$MGGGreenland HoldingsYear: 2024Scope 1: 70,680 tCO2eRevenue: $M 33,010Scope 1 Intensity: 2.14 tCO2e/$MBranicks GroupYear: 2023Scope 1: 269 tCO2eRevenue: $M 301Scope 1 Intensity: 0.89 tCO2e/$MRed Star Macalline GroupYear: 2024Scope 1: 61,525 tCO2eRevenue: $M 1,072Scope 1 Intensity: 57.41 tCO2e/$MPandoxYear: 2024Scope 1: 6,659 tCO2eRevenue: $M 648Scope 1 Intensity: 10.28 tCO2e/$MAllreal HoldingYear: 2024Scope 1: 4,000 tCO2eRevenue: $M 464Scope 1 Intensity: 8.62 tCO2e/$MEntraYear: 2024Scope 1: 281 tCO2eRevenue: $M 329Scope 1 Intensity: 0.85 tCO2e/$MBBBig Shopping CentersYear: 2023Scope 1: 2,428 tCO2eRevenue: $M 648Scope 1 Intensity: 3.75 tCO2e/$MKKKwg Living Group HoldingsYear: 2024Scope 1: 1,625 tCO2eRevenue: $M 536Scope 1 Intensity: 3.03 tCO2e/$MMultiplan Empreendimentos ImobiliariosYear: 2024Scope 1: 5,355 tCO2eRevenue: $M 412Scope 1 Intensity: 13.00 tCO2e/$MOlav Thon EiendomsselskapYear: 2024Scope 1: 51 tCO2eRevenue: $M 431Scope 1 Intensity: 0.12 tCO2e/$M

How does Olav Thon Eiendomsselskap's GHG emissions intensity compare to its peers?

In 2024, Olav Thon Eiendomsselskap reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 7.15, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Olav Thon Eiendomsselskap rank on GHG emissions intensity within its industry?

In 2024, Olav Thon Eiendomsselskap ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Olav Thon Eiendomsselskap among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Olav Thon Eiendomsselskap's Total Carbon Footprint

In 2024, Olav Thon Eiendomsselskap reported a total carbon footprint of 23,925 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 83.7% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Olav Thon Eiendomsselskap's total carbon footprint was Scope 3 emissions, accounting for 85.73% of the company's total carbon footprint, followed by Scope 2 emissions at 14.05%.a

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