- Climate change risks (transitional risks from policy changes, market shifts, and physical risks from extreme weather events).
- Reputation risks from potential declines in value and confidence from investors.
GLP J-REIT
Greenhouse gas emissions & sustainability report data
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.
Renewable Energy
35% (common area)
of total energy
Energy Use
36.3K MWh/year (renewable energy)
2022-03 to 2023-02
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021-03 to 2022-02 | 341.3K t-CO2e (2020) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased number of solar power generation facilities to 26, with annual generation increased to about 36,000 MWh.
- Increased facilities with environmental certification to 65 (81% of portfolio), exceeding the 2024 target of 80%.
- Increased facilities with BELS certification to 20 and ZEB rating to 9.
- Achieved 100% data coverage for facilities under GLP J-REIT control.
- Transitioned to 100% LED lighting in common areas in all facilities.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implement green lease clause in all fixed-term building lease contracts by FY2023.
- Obtain environmental certifications for at least 90% of the portfolio by FY2025.
📅 Medium-term
- Obtain environmental certifications for at least 80% of the portfolio by FY2024.
🔭 Long-term
- GLP Group committed to achieve carbon neutrality by 2050.
🌱 ESG Focus Areas
Climate ChangeRenewable EnergyEnergy SavingWater ResourcesRecyclingLocal CommunitiesBCPTenant Employee InitiativesEmployee InitiativesCSR ActivitiesGovernance StructureUnitholder InterestsInformation DisclosureBiodiversity