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 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
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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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 2023
a. Olav Thon Eiendomsselskap's Sustainability Report 2023

Insights into Olav Thon Eiendomsselskap's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Olav Thon Eiendomsselskap amounted to 3,486.9 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 2022, the total operational greenhouse gas (GHG) emissions of Olav Thon Eiendomsselskap decreased by 33.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Olav Thon Eiendomsselskap's Scope 1 Emissions Over Time

2019202220230255075100tCO2e-4%-27%
  • Total Scope 1
  • Year-over-Year Change

What are Olav Thon Eiendomsselskap's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Olav Thon Eiendomsselskap were 66.9 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 29.8%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Olav Thon Eiendomsselskap's Scope 1 emissions decreased by 26.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Olav Thon Eiendomsselskap's Scope 2 emissions?

In 2023, Olav Thon Eiendomsselskap reported Scope 2 greenhouse gas (GHG) emissions of 3,420 tCO₂e without specifying the calculation method. a

Has Olav Thon Eiendomsselskap reduced its Scope 2 emissions over time?

Since 2019, Olav Thon Eiendomsselskap's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 41.58%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Olav Thon Eiendomsselskap's Scope 2 emissions (Unspecified Calculation Method) fell by 33.73% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

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

In 2023, Olav Thon Eiendomsselskap reported its Scope 2 emissions using an unspecified methodology. a

Olav Thon Eiendomsselskap's Scope 2 Emissions Over Time

20192022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Olav Thon Eiendomsselskap's Value Chain Emissions

In 2023, Olav Thon Eiendomsselskap reported 143,256.6 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 2023 disclosure of Olav Thon Eiendomsselskap includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Olav Thon Eiendomsselskap's Scope 3 Emissions Over Time

201920222023040 k80 k120 k160 ktCO2e+12%+95%
  • Total Scope 3
  • Year-over-Year Change

What are Olav Thon Eiendomsselskap's Scope 3 emissions?

In 2023, Olav Thon Eiendomsselskap reported total Scope 3 emissions of 143,256.6 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 90.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.18% 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 increased by 117.61%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Olav Thon Eiendomsselskap's Scope 3 emissions increased by 94.54%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2023, Olav Thon Eiendomsselskap reported emissions for 6 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 2023, the largest contributors to Olav Thon Eiendomsselskap's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 123,746.5 tCO₂e (86.38%)
  • Downstream Leased Assets (Cat. 13): 13,153.7 tCO₂e (9.18%)
  • Waste Generated in Operations (Cat. 5): 4,221.5 tCO₂e (2.95%)

Olav Thon Eiendomsselskap's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(86.4%)Waste Generated inOperations (Cat. 5)(2.9%)Downstream LeasedAssets (Cat. 13)(9.2%)

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

In 2023, Olav Thon Eiendomsselskap reported Scope 1 greenhouse gas (GHG) emissions of 66.9 tCO₂e and total revenues of USD 475 millions. This translates into an emissions intensity of 0.14 tCO₂e per millions USD. a

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

2050020,000500,00010,000,000Scope 1 Emissions (tCO2e)502005002,0005,000Revenues (Millions of USD)CBKFortressYear: 2023Scope 1: 2,380 tCO2eRevenue: $M 201Scope 1 Intensity: 11.85 tCO2e/$MPSP Swiss PropertyYear: 2024Scope 1: 5,753 tCO2eRevenue: $M 407Scope 1 Intensity: 14.15 tCO2e/$MVGPYear: 2023Scope 1: 924 tCO2eRevenue: $M 133Scope 1 Intensity: 6.95 tCO2e/$MPlatzer Fastigheter HoldingYear: 2024Scope 1: 216 tCO2eRevenue: $M 152Scope 1 Intensity: 1.43 tCO2e/$MAdler GroupYear: 2024Scope 1: 37,047 tCO2eRevenue: $M 408Scope 1 Intensity: 90.77 tCO2e/$MInternational Workplace GroupYear: 2024Scope 1: 136,640 tCO2eRevenue: $M 2,743Scope 1 Intensity: 49.81 tCO2e/$MAllosYear: 2023Scope 1: 20,623 tCO2eRevenue: $M 559Scope 1 Intensity: 36.88 tCO2e/$MNyfosaYear: 2023Scope 1: 845 tCO2eRevenue: $M 352Scope 1 Intensity: 2.40 tCO2e/$MIntershop HoldingYear: 2024Scope 1: 3,926 tCO2eRevenue: $M 117Scope 1 Intensity: 33.52 tCO2e/$MCentral China New LifeYear: 2023Scope 1: 1,075 tCO2eRevenue: $M 438Scope 1 Intensity: 2.46 tCO2e/$MRMR GroupYear: 2023Scope 1: 2,394,468 tCO2eRevenue: $M 962Scope 1 Intensity: 2,488.23 tCO2e/$MHysan DevelopmentYear: 2023Scope 1: 1,754 tCO2eRevenue: $M 411Scope 1 Intensity: 4.27 tCO2e/$MWihlborgs FastigheterYear: 2024Scope 1: 510 tCO2eRevenue: $M 379Scope 1 Intensity: 1.35 tCO2e/$MDeutsche EuroShopYear: 2023Scope 1: 4,756 tCO2eRevenue: $M 302Scope 1 Intensity: 15.72 tCO2e/$MRed Star Macalline GroupYear: 2024Scope 1: 61,525 tCO2eRevenue: $M 1,072Scope 1 Intensity: 57.41 tCO2e/$MCCCencosud ShoppingYear: 2024Scope 1: 1,669 tCO2eRevenue: $M 355Scope 1 Intensity: 4.70 tCO2e/$MPandoxYear: 2024Scope 1: 6,659 tCO2eRevenue: $M 648Scope 1 Intensity: 10.28 tCO2e/$MAllreal HoldingYear: 2024Scope 1: 4,000 tCO2eRevenue: $M 464Scope 1 Intensity: 8.62 tCO2e/$MAroundtownYear: 2024Scope 1: 12,962 tCO2eRevenue: $M 1,229Scope 1 Intensity: 10.55 tCO2e/$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: 2023Scope 1: 3,749 tCO2eRevenue: $M 418Scope 1 Intensity: 8.96 tCO2e/$MOlav Thon EiendomsselskapYear: 2023Scope 1: 67 tCO2eRevenue: $M 475Scope 1 Intensity: 0.14 tCO2e/$M

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

In 2023, Olav Thon Eiendomsselskap reported a Scope 1 emissions intensity of 0.14 tCO₂e per millions USD. Compared to the peer group median of 9.62 , 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 2023, Olav Thon Eiendomsselskap ranked 1 out of 22 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 2023, Olav Thon Eiendomsselskap reported a total carbon footprint of 146,743.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 86.01% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Olav Thon Eiendomsselskap's total carbon footprint was Scope 3 emissions, accounting for 97.62% of the company's total carbon footprint, followed by Scope 2 emissions at 2.33%. a

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