- Climate change risks (transition and physical risks), including increased tax burdens, renovation costs, funding costs, and potential damage from natural disasters.
- Maintaining high tenant satisfaction.
- Ensuring compliance with laws and regulations.
Mitsubishi Estate Logistics REIT Investment Corporation
Greenhouse gas emissions & sustainability report data
In its 2023-04-01 to 2024-03-31 reporting, Mitsubishi Estate Logistics REIT Investment Corporation disclosed greenhouse gas emissions of 22.5K t-CO2e (FY2023). By scope: Scope 1: 0.6 t-CO2e (FY2023); Scope 2: 2.8K t-CO2e (FY2023); Scope 3: 19.7K t-CO2e (FY2023). 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
22.5K t-CO2e (FY2023)
2023-04-01 to 2024-03-31
Renewable Energy
11.4% (FY2023)
of total energy
Water Usage
96.1K m3 (FY2023)
2023-04-01 to 2024-03-31
Waste
4.8K tons (FY2023)
2023-04-01 to 2024-03-31
Energy Use
143.7K MWh (FY2023)
2023-04-01 to 2024-03-31
📊 Emissions by Scope (2023-04-01 to 2024-03-31)
| 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). | 0.6 t-CO2e (FY2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.8K t-CO2e (FY2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 19.7K t-CO2e (FY2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04-01 to 2024-03-31 | 22.5K t-CO2e (FY2023) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved an 'A' rating on the CDP Climate Change Program in 2023.
- Received 5 Stars and Green Star in the 2024 GRESB Real Estate Assessment for the fifth and sixth consecutive years, respectively.
- Obtained SBTi certification (net-zero) for its total GHG emissions target for FY2050.
- Purchased non-fossil fuel certificates equivalent to entire Scope 2 emissions from FY2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions (Scope 1+2) by 42% by FY2030 (based on FY2021).
- Reduce energy consumption intensity by 15% by FY2030 (based on FY2017).
- Achieve a 70% or more waste recycling rate by FY2030.
- Increase the ratio of properties with Environmental Certifications to 100% by FY2030.
🔭 Long-term
- Achieve net-zero GHG emissions for the entire value chain by FY2050.
🌱 ESG Focus Areas
Climate ChangeBiodiversityWater ConservationResource RecyclingTenant SatisfactionCommunity ContributionEmployee Well-beingDiversity & InclusionComplianceRisk ManagementStakeholder Engagement