- Increased interest rates resulted in higher interest costs.
- Increased interest rates, inflation, and market turmoil led to increased yield requirements for properties.
- Inflation, increased prices, and interest rates weakened consumer purchasing power and created uncertainty in the outlook for retail.
Aurora Eiendom AS
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Aurora Eiendom AS disclosed greenhouse gas emissions of 287.6 tCO2e (location-based). By scope: Scope 1: 62.8 tCO2e; Scope 2: 224.8 tCO2e (location-based), 5026 tCO2e (market-based). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
287.6 tCO2e (location-based)
2022
Renewable Energy
15% (electricity), 98.6% (DH&C), 10% (fuels)
of total energy
Water Usage
59.9K m3
2022
Waste
2.4K tons
2022
Energy Use
12.8M kWh
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 62.8 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 224.8 tCO2e (location-based), 5026 tCO2e (market-based) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Two shopping centers are well on their way to establishing solar panels on the roof.
- 6 of the 10 shopping centers in Aurora's portfolio have well-developed EV charging stations.
- 17 of the remaining 28 centers under Alti Forvaltning's management have established EV charging stations.
🎯 Climate & Sustainability Targets
🔜 Short-term
- All assets to be BREEAM In-Use re-certified in 2023 to a minimum of “Very Good”.
🌱 ESG Focus Areas
Energy managementMarketing strategiesPurchases and suppliersHealth and safetyCommunity engagement