- Lowered evaluation by tenants and investors using sustainability as assessment basis
- Decreased tenant sales and increased property damage due to climate change
- Delay in response to tighter environmental regulations and increased energy costs
- Decreased tenant satisfaction
- Move-outs due to decline in tenant satisfaction, decrease in rental revenue
- Greater damage and increased recovery cost in the event of a disaster
- Decreased creditworthiness due to deteriorating relations with the community
- Reduced transparency fostering distrust
- Decline in operational capacity due to human resource outflow
- Decline in J-REITs status as an investment product
Heiwa Real Estate REIT, Inc.
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021-04 to 2022-03 | 7.6K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed shifting power used in all properties to renewable energy-derived (December 2021)
- Approved TCFD proposal (December 2021)
- Adopted FSC paper and vegetable oil-based ink (August 2021)
- Compliance with Eco Action 21 guidelines (May 2024)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve overall unit energy consumption for portfolio by at least 1% year on year
- Reduce average unit energy consumption over a 5 year period by at least 1%
📅 Medium-term
- Reduce total GHG (Scope 1 and Scope 2) emissions of the portfolio by 90% from 2018 by 2030
🔭 Long-term
- Achieve net-zero emissions by 2050
🌱 ESG Focus Areas
Environmentally friendly business operationsClimate change mitigationAdapting to climate changeTenant security and peace of mindContributing to local communitiesCreating a rewarding work environmentCorporate ethicsGovernance