- Climate change risks (physical and transition)
- Potential for stranded assets due to climate change
- Flood risks
- Maintaining high occupancy rates
Japan Real Estate Investment Corporation
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Japan Real Estate Investment Corporation disclosed greenhouse gas emissions of 25.5K 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
25.5K t-CO2e (FY2023)
2023-04 to 2024-03
Renewable Energy
63.31% (FY2023)
of total energy
Water Usage
780.6K m3 (FY2023)
2023-04 to 2024-03
Energy Use
239.3K MWh (FY2023)
2023-04 to 2024-03
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 25.5K t-CO2e (FY2023) |
| 2021-04 to 2022-03 | 71.6K t-CO2 (FY2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 75.25% (vs FY2019)
- Reduced CO2 intensity by 75.49% (vs FY2019)
- Increased renewable energy rate to 63.31% (FY2023)
- 76.4% of portfolio green certified (as of March 2024)
- Achieved an 'A-' rating in CDP Climate Change Program
- Net-zero targets approved by SBTi
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption intensity by 20% by FY2030 (vs FY2019)
- Reduce CO2 emissions by 80% by FY2030 (vs FY2019)
- Achieve 85% renewable energy rate by FY2025
- Own 5-10 Net Zero Energy Buildings by FY2030
📅 Medium-term
- Achieve 90% renewable energy rate by FY2030
🔭 Long-term
- Achieve net-zero GHG emissions by FY2050
- Achieve 100% renewable energy rate by FY2050
🌱 ESG Focus Areas
Climate ChangeResource ConservationBiodiversityTenant Well-beingWorkforce DiversityGovernance