- Climate change risks (transition and physical risks)
- Water resource scarcity
- Maintaining safety and dignity in the face of natural disasters
- Ensuring physical and mental health of stakeholders
- Revitalizing local communities
- Strengthening corporate governance
- Ensuring legal compliance
- Managing risks to the soundness of management and business continuity
Nomura Real Estate Master Fund, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023-03 to 2024-02 reporting, Nomura Real Estate Master Fund, Inc. disclosed greenhouse gas emissions of 91.7K t-CO2e/year (2023). By scope: Scope 1: 1.2K t-CO2e/year (2023); Scope 2: 18.4K t-CO2e/year (2023); Scope 3: 72.1K t-CO2e/year (2023). 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
91.7K t-CO2e/year (2023)
2023-03 to 2024-02
Renewable Energy
varies by property subsector (e.g., 13.6% for office, 2% for retail, 6.6% for logistics in 2023)
of total energy
Water Usage
683.3K m3/year (2023)
2023-03 to 2024-02
Waste
6.0M kg/year (2023)
2023-03 to 2024-02
Energy Use
52.1K Kl/year (2023)
2023-03 to 2024-02
📊 Emissions by Scope (2023-03 to 2024-02)
| 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). | 1.2K t-CO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 18.4K t-CO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 72.1K t-CO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved a -16.7% reduction in GHG emissions intensity in 2023 compared to 2022.
- Achieved a -12.1% reduction in energy consumption intensity in 2023 compared to 2022.
- Increased the ratio of properties with green certification (3 stars or more) to 57.6% in 2023.
- Reduced water use intensity by -12.5% in 2023 compared to 2016.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water use per floor area by 10% by 2030 (compared to 2016).
📅 Medium-term
- Achieve 80% reduction in GHG emissions by 2030 (compared to 2019).
- Increase the ratio of properties with green certification (3 stars or more) to 70% by 2030.
🔭 Long-term
- Achieve net-zero GHG emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeWater ResourcesSafety and DignityPhysical and Mental HealthAffluent EconomyAttractive CommunitiesGovernanceComplianceRisk Management