Pandox AB

Common Name
Pandox
Country
Sweden
Sector
Real Estate
Industry
Real Estate Services
Employees
1,486
Ticker
PNDX B
Exchange
NASDAQ STOCKHOLM AB
Description
Pandox AB (publ), a hotel property company, owns, develops, and leases hotel properties. The company operates in two segments, Leases and Own Operations. The Leases segment leases hotels to hotel oper...

Pandox's GHG Emissions Data Preview

In 2024, Pandox 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).

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data

Verified Sources Behind Pandox’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 Pandox’s data sources below and access millions more through our Disclosure Search.

a. Pandox's Annual Report 2024
a. Pandox's Annual Report 2024
b. Pandox's Annual Report 2023
b. Pandox's Annual Report 2023

Insights into Pandox's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Pandox amounted to 13,284 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 Pandox increased by 1.14%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Pandox's Scope 1 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e+2%-6%+23%
  • Total Scope 1
  • Year-over-Year Change

What are Pandox's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Pandox were 6,659 metric tons of CO₂ equivalent (tCO₂e). a

Has Pandox reduced its Scope 1 emissions over time?

Since 2021, Pandox's Scope 1 emissions have increased by 18.15%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Pandox's Scope 1 emissions increased by 22.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Pandox's Scope 2 emissions?

In 2024, Pandox reported Scope 2 greenhouse gas (GHG) emissions of 4,231 tCO₂e using the market-based method and 6,625 tCO₂e using the location-based method. a

Has Pandox reduced its Scope 2 emissions over time?

Since 2021, Pandox's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Pandox 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), Pandox's Scope 2 emissions (Location-Based) fell by 13.95% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Pandox use for Scope 2 reporting?

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

Pandox's Scope 2 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Pandox's Value Chain Emissions

In 2024, Pandox reported 87,870 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 Pandox includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Pandox's Scope 3 Emissions Over Time

2021202220232024030 k60 k90 k120 ktCO2e-12%+7%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Pandox's Scope 3 emissions?

In 2024, Pandox reported total Scope 3 emissions of 87,870 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 46.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.76% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Pandox reduced its Scope 3 emissions over time?

Since 2021, Pandox's Scope 3 emissions have decreased by 13.52%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Pandox's Scope 3 emissions remained relatively stable, indicating that Pandox 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Pandox disclose?

In 2024, Pandox reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Pandox's Scope 3 emissions?

In 2024, the largest contributors to Pandox's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 46,705 tCO₂e (53.76%)
  • Purchased Goods and Services (Cat. 1): 37,398 tCO₂e (43.05%)
  • Fuel- and Energy-Related Services (Cat. 3): 2,767 tCO₂e (3.19%)

Pandox's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(43.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(3.2%)Downstream LeasedAssets (Cat. 13)(53.8%)

Insights into Pandox’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Pandox reported Scope 1 greenhouse gas (GHG) emissions of 6,659 tCO₂e and total revenues of USD 648 millions. This translates into an emissions intensity of 10.28 tCO₂e per millions USD. a

Pandox's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)201002001,0005,000Revenues (Millions of USD)ABFortressYear: 2023Scope 1: 2,380 tCO2eRevenue: $M 201Scope 1 Intensity: 11.85 tCO2e/$MPlatzer Fastigheter HoldingYear: 2024Scope 1: 216 tCO2eRevenue: $M 152Scope 1 Intensity: 1.43 tCO2e/$MPlazaYear: 2024Scope 1: 3,038 tCO2eRevenue: $M 498Scope 1 Intensity: 6.10 tCO2e/$MAllosYear: 2023Scope 1: 20,623 tCO2eRevenue: $M 559Scope 1 Intensity: 36.88 tCO2e/$MNyfosaYear: 2023Scope 1: 845 tCO2eRevenue: $M 352Scope 1 Intensity: 2.40 tCO2e/$MHysan DevelopmentYear: 2023Scope 1: 1,754 tCO2eRevenue: $M 411Scope 1 Intensity: 4.27 tCO2e/$MSagaxYear: 2024Scope 1: 5 tCO2eRevenue: $M 459Scope 1 Intensity: 0.01 tCO2e/$MWihlborgs FastigheterYear: 2024Scope 1: 510 tCO2eRevenue: $M 379Scope 1 Intensity: 1.35 tCO2e/$MDeutsche EuroShopYear: 2023Scope 1: 4,756 tCO2eRevenue: $M 302Scope 1 Intensity: 15.72 tCO2e/$MOlav Thon EiendomsselskapYear: 2023Scope 1: 67 tCO2eRevenue: $M 475Scope 1 Intensity: 0.14 tCO2e/$MAlony HetzYear: 2022Scope 1: 1,273 tCO2eRevenue: $M 495Scope 1 Intensity: 2.57 tCO2e/$MGrand City PropertiesYear: 2023Scope 1: 9,235 tCO2eRevenue: $M 455Scope 1 Intensity: 20.29 tCO2e/$MWallenstamYear: 2024Scope 1: 477 tCO2eRevenue: $M 288Scope 1 Intensity: 1.66 tCO2e/$MFabegeYear: 2022Scope 1: 54 tCO2eRevenue: $M 319Scope 1 Intensity: 0.17 tCO2e/$MNivika FastigheterYear: 2024Scope 1: 55 tCO2eRevenue: $M 66Scope 1 Intensity: 0.84 tCO2e/$MAAArabian CentresYear: 2022Scope 1: 125,093 tCO2eRevenue: $M 543Scope 1 Intensity: 230.33 tCO2e/$MNP3 FastigheterYear: 2024Scope 1: 254 tCO2eRevenue: $M 181Scope 1 Intensity: 1.41 tCO2e/$MAroundtownYear: 2024Scope 1: 12,962 tCO2eRevenue: $M 1,229Scope 1 Intensity: 10.55 tCO2e/$MWharf Real Estate InvestmentYear: 2024Scope 1: 8,888 tCO2eRevenue: $M 1,663Scope 1 Intensity: 5.35 tCO2e/$MBBBig Shopping CentersYear: 2023Scope 1: 2,428 tCO2eRevenue: $M 648Scope 1 Intensity: 3.75 tCO2e/$MEvergrande Property Services GroupYear: 2023Scope 1: 8,585 tCO2eRevenue: $M 1,918Scope 1 Intensity: 4.48 tCO2e/$MLEG ImmobilienYear: 2024Scope 1: 234,416 tCO2eRevenue: $M 1,356Scope 1 Intensity: 172.84 tCO2e/$MPandoxYear: 2024Scope 1: 6,659 tCO2eRevenue: $M 648Scope 1 Intensity: 10.28 tCO2e/$M

How does Pandox's GHG emissions intensity compare to its peers?

In 2024, Pandox reported a Scope 1 emissions intensity of 10.28 tCO₂e per millions USD. Compared to the peer group median of 4.01 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Pandox rank on GHG emissions intensity within its industry?

In 2024, Pandox ranked 16 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Pandox is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Pandox's Total Carbon Footprint

In 2024, Pandox reported a total carbon footprint of 101,154 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.4% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Pandox's total carbon footprint was Scope 3 emissions, accounting for 86.87% of the company's total carbon footprint, followed by Scope 1 emissions at 6.58%. a

Want Full Access to Pandox's GHG Emissions Dataset?
Sign Up