Japan Logistics Fund, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03

In its 2023-04 to 2024-03 reporting, Japan Logistics Fund, Inc. disclosed greenhouse gas emissions of 25.0K t-CO2e/year. By scope: Scope 1: 0 t-CO2e/year; Scope 2: 623 t-CO2e/year; Scope 3: 24.4K t-CO2e/year. 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
25.0K t-CO2e/year
2023-04 to 2024-03
💧
Water Usage
123.8K m3/year
2023-04 to 2024-03
♻️
Waste
10.6K tons/year
2023-04 to 2024-03
⚙️
Energy Use
62.6K MWh/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0 t-CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.623 t-CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).24.4K t-CO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Acquire green building certifications in 90% of portfolio by FY2025.
  • Implement green leases in 70% of portfolio by FY2025.
  • Achieve 75% usage of paid leave days by 2025.

📅 Medium-term

  • Reduce Scope 1 & 2 GHG emissions by 42% by FY2030 (compared to FY2021).
  • Achieve net zero Scope 1 & 2 GHG emissions by FY2050.

🔭 Long-term

  • Net zero emissions by FY2050

🌱 ESG Focus Areas

Climate ChangeResource CirculationGreen BuildingStakeholder EngagementDiversity, Equity & Inclusion (DEI)ComplianceGovernance

⚠️ Challenges & Risks +

  • Intensifying natural disasters and climate change impacts on portfolio profitability.
  • Transitional risks from strengthened energy regulations, potential carbon tax, and evolving renewable energy technologies.
  • Market risks from lower tenant demand and asset values at facilities with low environmental performance.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Standards
Assurance: Ernst & Young ShinNihon LLC (FY2022), Japan Audit and Certification Organization for Environment and Quality (FY2023)