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The Olav Thon Group’s sustainability strategy

With a large company comes great responsibility. The Olav Thon Group has several thousand employees, tenants, customers, guests and suppliers. This makes it important for us to work with concrete sustainability initiatives, set a good example and set ambitious goals for the future.

The sustainability strategy is based on three pillars

To clarify the level of ambition and further increase the group’s efforts, our sustainability strategy has three main pillars. Under each pillar, we have drawn up long-term ambitions and several sub-goals to achieve these.

Our goals include

  • Reach zero emissions by 2050
  • Become at least 70% circular by 2030
  • Introduce nature-positive solutions – especially for property development

In the long term, we will also have full insight into the value chain, as well as representative management with an even gender distribution.

How we work with sustainability

The three pillars of the sustainability strategy are based on the UN’s Sustainable Development Goals. Below you can read more about how we work with the different sustainability themes.

Moderne bygning på kaiområde som speiler seg i vannflaten, med utendørs sauna nedenfor og grønne fjell i bakgrunnen.

Status of sustainability work

By 2030, we will reduce our greenhouse gas emissions by 60%. This is the status as of 2023 on a selection of important points. The figures are updated annually in the first quarter.

  • 7 Reduction in energy consumption in hotels

    Per square meter in hotels we own and operate. Compared to energy consumption in 2019.

  • 23 Reduction in energy consumption at shopping centres

    Based on shopping centres we own and operate. Compared to energy consumption in 2019.

  • 61 Garbage sorting degree

    Applies to the entire Olav Thon Group in 2023.

  • 42 Reduction in emissions

    Emissions in scope 1 and 2 compared to 2019 in the Olav Thon Group.

Energy optimisation

The Olav Thon Group works systematically with energy to reduce negative impact on the climate and the environment. Our sustainability strategy focuses on reducing energy consumption and producing renewable energy.

See how they do it at Ski Storsenter

Questions about sustainability?

Talk to me!

portrettbilde av Anders Nandrup Rylander
Anders Nandrup Rylander Sustainability Adviser

Read more about sustainability

See different approaches to sustainability work within all three pillars.