- Rising biodiversity needs of customers
- Increased natural disasters due to climate change
- Maintaining high employee engagement scores
- Maintaining low employee turnover
Daiwa House REIT Investment Corporation
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Daiwa House REIT Investment Corporation disclosed greenhouse gas emissions of 162.1K t-CO2e/year (FY2024). By scope: Scope 1: 364 t-CO2e/year (FY2024); Scope 2: 0 t-CO2e/year (FY2024); Scope 3: 161.7K t-CO2e/year (FY2024). 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
162.1K t-CO2e/year (FY2024)
2023-04 to 2024-03
Renewable Energy
9.2% (FY2024)
of total energy
Water Usage
2.0M m3/year (FY2024)
2023-04 to 2024-03
Waste
24.7K tons/year (FY2024)
2023-04 to 2024-03
Energy Use
332.6K MWh/year (FY2024)
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 364 t-CO2e/year (FY2024) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 t-CO2e/year (FY2024) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 161.7K t-CO2e/year (FY2024) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced total GHG emissions (Scope 1+2) by 97.4% compared to FY2020 in FY2023
- Achieved 73.7% environmental certification acquisition ratio (based on gross floor area) as of March 31, 2024
- Achieved 99.7% green lease agreements signed (based on gross floor area) as of March 31, 2024
- Reduced water consumption intensity to 0.5693 m3/m2 in FY2023
- Improved recycling rate to 71.5% in FY2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption intensity by 10% in FY2027 (FY2017 as base year)
- Reduce water consumption intensity to below FY2017 levels by FY2027
- Improve recycling rate to exceed FY2017 levels by FY2027
📅 Medium-term
- Reduce total GHG emissions (Scope 1+2) by 42% by FY2030 (FY2020 as base year)
- Increase the number of properties with biodiversity-related certification to five or more by FY2030
- Increase the percentage of properties with environmental certification (based on gross floor area) to 75% or higher by FY2030
- Increase the percentage of green lease agreements signed (based on gross floor area) to 100% by FY2030
- Improve eNPS score to -8 or higher by FY2030
🔭 Long-term
- Achieve net zero total GHG emissions (value chain) by FY2050
🌱 ESG Focus Areas
Climate ChangeBiodiversityHuman RightsDiversity, Equity, and Inclusion