Advance Residence Investment Corp

Common Name
Advance Residence Investment
Country
Japan
Sector
Real Estate
Industry
REIT - Residential
Employees
N/A
Ticker
3269
Exchange
TOKYO STOCK EXCHANGE
Description
Advance Residence Investment Corporation, a real estate investment trust (REIT), primarily focuses on residential property investments across Japan. It aims to provide stable dividends and long-term c...

Advance Residence Investment's Climate Target Data Preview

As of 2024, Advance Residence Investment has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Advance Residence Investment ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Advance Residence Investment’s Climate Targets Data

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a. Advance Residence Investment's ESG Report 2024
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Insights into Advance Residence Investment's Greenhouse Gas Emissions Pathways

As of 2024, Advance Residence Investment has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Advance Residence Investment have a target to reduce the emissions from its operations?

As of 2024, Advance Residence Investment has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Advance Residence Investment's most ambitious operational target is to reduce these emissions by 51% by 2030, compared to a baseline of 7,757 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

Advance Residence Investment has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Advance Residence Investment's Operational (Scope 1+2) Emissions Pathway

20182023203002 k4 k6 k8 kBaselineCurrent (-98%)Target 2030 (-51%)
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