Nrep
Nrep, officially known as Nrep A/S, is a leading real estate investment and development firm headquartered in Denmark (DK). Established in 2005, the company has made significant strides in the Nordic property market, focusing on sustainable urban development and innovative asset management. With a strong presence in Denmark, Sweden, Norway, and Finland, Nrep has carved out a niche in the logistics, residential, and commercial sectors. Nrep is renowned for its commitment to sustainability, offering unique solutions that enhance the value of properties while minimising environmental impact. The firm’s core services include property development, investment management, and asset management, all underpinned by a forward-thinking approach. With numerous accolades and a robust portfolio, Nrep continues to solidify its position as a key player in the Nordic real estate landscape.
DitchCarbon Score
How does Nrep's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nrep's score of 38 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nrep's reported carbon emissions
In 2023, Nrep, headquartered in Denmark (DK), reported total carbon emissions of approximately 353,259,900 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the majority of their footprint. Specifically, Scope 1 emissions were about 36,000 kg CO2e, while Scope 2 emissions totalled approximately 57,800 kg CO2e (location-based). Nrep has committed to achieving net-zero emissions across all scopes by 2050, with interim targets set to align with the Science Based Targets initiative (SBTi). Their near-term targets cover 65% of their total investment and lending by gross asset value as of 2023, ensuring that their operations are consistent with the reductions required to limit global warming to 1.5°C. In 2022, Nrep's emissions were reported at approximately 230,210,800 kg CO2e for Scope 3, with Scope 1 and 2 emissions at about 11,000 kg CO2e and 60,600 kg CO2e, respectively. This indicates a substantial increase in emissions from 2022 to 2023, particularly in Scope 3 categories, which highlights the importance of their ongoing climate commitments and reduction strategies. Nrep's climate strategy is further supported by their membership in the BA1.5 initiative, demonstrating their commitment to ambitious climate action. The data reported is not cascaded from any parent organization, ensuring that Nrep's emissions and targets are independently assessed.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 11,000 | 00,000 |
| Scope 2 | 500 | 000 |
| Scope 3 | 230,210,800 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nrep is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
