- Climate change related physical risks (damage to buildings from extreme weather)
- Climate change related transition risks (carbon taxes, emission reduction obligations)
- Structural changes in the Japanese economy (declining birthrate, aging population)
ORIX JREIT Inc.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, ORIX JREIT Inc. disclosed greenhouse gas emissions of 101.0K t-CO2e/year. By scope: Scope 1: 789 t-CO2e/year; Scope 2: 18.6K t-CO2e/year; Scope 3: 80.8K 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
101.0K t-CO2e/year
2023-04 to 2024-03
Renewable Energy
12.2%
of total energy
Water Usage
280.0K m3/year
2023-04 to 2024-03
Waste
8.4K tons/year
2023-04 to 2024-03
Energy Use
246.1K MWh/year
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). | 789 t-CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 18.6K t-CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 80.8K t-CO2e/year |
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 to 2024-03 | 101.0K t-CO2e/year |
| 2022-04 to 2023-03 | 107.5K tCO2e/year (FY2022) |
| 2020-04 to 2021-03 | 78.9K t-CO2 (2020) |
| 2019-04 to 2020-03 | 51.2K tCO2 (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 12.8% reduction in GHG emissions (Scopes 1, 2, and parts of Scope 3 under OJR management) compared to the 2021 baseline year.
- 82% green building certification acquisition rate exceeding the 80% target.
- 12.2% renewable energy share of total electricity consumption.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions by 14% compared to 2021 levels by 2024.
- Achieve a landfill disposal rate of 1% or less by 2030.
- Maintain water usage in common areas at or below 2023 levels.
📅 Medium-term
- Reduce GHG emissions by 42% compared to 2021 levels by 2030.
- Achieve a 50% renewable energy share of electricity consumption by 2030.
- Achieve an 80% green building certification acquisition rate by 2030.
- Achieve a sustainable finance ratio of 50% or more by March 2030.
🔭 Long-term
- Achieve net-zero GHG emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeGovernanceSocial InitiativesHuman Resources