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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2023, the total Scope 1 emissions of Olav Thon Eiendomsselskap were 66.9 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2023, Olav Thon Eiendomsselskap reported Scope 2 greenhouse gas (GHG) emissions of 3,420 tCO₂e without specifying the calculation method. a
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
In 2023, Olav Thon Eiendomsselskap reported its Scope 2 emissions using an unspecified methodology. a
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
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
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
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.
In 2023, the largest contributors to Olav Thon Eiendomsselskap's Scope 3 emissions were: a
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
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
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
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