The FIVE:FIFTY ambition is Thylander’s carbon emission reduction framework towards 2027

Thylander is unveiling its new CO2 -reduction strategy, FIVE:FIFTY, with the goal of reducing CO2 equivalents by 50% across three different scopes by 2027 (using 2022 as baseline year). This strategy entails decreasing carbon emissions resulting from both daily operations and investment activities. Scope 1 and 2 specifically target a 50% reduction in carbon emissions stemming from Thylander’s offices and company cars. In addition to Scope 1 and 2, Thylander’s new CO2 -reduction strategy includes Scope 3, reducing carbon emissions by 50% across standing assets and new developments (as well as business travel and employee commutes). Specifically, with our new ESG strategy, we would like to reduce our CO2 equivalent emissions on standing assets from 9 to 4.5 kg CO2 equivalent per square meter per year. Similarly, for new developments, we aim to reduce emissions from 11 to 5.5 kg CO2equivalent per square meter per year (50-year average).

The implementation of FIVE:FIFTY was made possible by our dedicated ESG team, which will be responsible for ensuring that the company is able to achieve its sustainability objectives. The FIVE:FIFTY strategy sets out to position Thylander as a leader in the real estate industry, working towards a more sustainable future in Denmark. This approach aligns with our corporate values and identity, as we strive to improve people’s lives by creating real estate that stands the test of time.