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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Olav Thon Eiendomsselskap were 51 metric tons of CO₂ equivalent (tCO₂e).a
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
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
In 2024, Olav Thon Eiendomsselskap reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to Olav Thon Eiendomsselskap's Scope 3 emissions were:a
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
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
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
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