- Increased operating costs due to rising electricity prices from increased renewable energy demand.
- Decreased asset value of properties located in coastal areas or flood-prone zones.
- Increased air conditioning costs due to rising average temperatures.
- Potential for physical damage to company facilities and assets due to increased frequency and intensity of typhoons and high tides.
- Changes in material costs due to plastic regulations and strengthened building recycling laws.
- Increased electricity prices due to changes in renewable energy policies and energy mixes.
- Strengthened regulations for energy-efficient buildings (ZEB, ZEH-M) increasing construction costs.
- Potential for carbon pricing on GHG emissions (Scope 1, 2) increasing operating costs.
- Decreased demand for properties that are not ZEH-M compliant, leading to vacancies and reduced rents.
Mugen Estate Group
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Mugen Estate Group disclosed greenhouse gas emissions of 236.4 t-CO₂ (2022). By scope: Scope 1: 26.8 t-CO₂ (2022); Scope 2: 209.7 t-CO₂ (2022). 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
236.4 t-CO₂ (2022)
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). | 26.8 t-CO₂ (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 209.7 t-CO₂ (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Introduced LED lighting and daylight sensors in fixed assets to promote energy saving.
- Considering the conversion to environmentally friendly materials for construction.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce emissions in 2023
📅 Medium-term
- Reduce GHG emissions per sales by 46% by 2030 (compared to 2021)
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate ChangeGovernanceHuman Capital