Hulic Co Ltd

Common Name
Hulic
Country
Japan
Sector
Real Estate
Industry
Real Estate Services
Employees
2,828
Ticker
3003
Exchange
TOKYO STOCK EXCHANGE
Description
Hulic Co., Ltd. is a prominent player in the real estate industry, primarily involved in property development, leasing, and management. The company specializes in developing urban commercial propertie...

Hulic's GHG Emissions Data Preview

In 2023, Hulic completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Hulic has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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0000000
Unspecified Calculation Method
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a
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Hulic’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hulic’s data sources below and access millions more through our Disclosure Search.

a. Hulic's Integrated Report 2024
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b. Hulic's Sustainability Report 2023
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Insights into Hulic's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hulic amounted to 18,364 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hulic decreased by 46.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Hulic's Scope 1 Emissions Over Time

2019202020212022202304 k8 k12 k16 ktCO2e-30%+8%+16%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Hulic's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hulic were 13,259 metric tons of CO₂ equivalent (tCO₂e). a

Has Hulic reduced its Scope 1 emissions over time?

Since 2019, Hulic's Scope 1 emissions have decreased by 11.2%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Hulic's Scope 1 emissions remained relatively stable, indicating that Hulic's emissions have plateaued with no significant change in its operational footprint. a

What are Hulic's Scope 2 emissions?

In 2023, Hulic reported Scope 2 greenhouse gas (GHG) emissions of 5,105 tCO₂e without specifying the calculation method. a

What methodology does Hulic use for Scope 2 reporting?

In 2023, Hulic reported its Scope 2 emissions using an unspecified methodology. a

Hulic's Scope 2 Emissions Over Time

2019202020212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hulic's Value Chain Emissions

In 2023, Hulic reported 261,152 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Hulic includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Hulic's Scope 3 Emissions Over Time

20192020202120222023070 k140 k210 k280 ktCO2e+18%-22%+14%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Hulic's Scope 3 emissions?

In 2023, Hulic reported total Scope 3 emissions of 261,152 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 40.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 59.81% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Hulic reduced its Scope 3 emissions over time?

Since 2019, Hulic's Scope 3 emissions have increased by 14.04%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Hulic's Scope 3 emissions remained relatively stable, indicating that Hulic 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Hulic disclose?

In 2023, Hulic reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hulic's Scope 3 emissions?

In 2023, the largest contributors to Hulic's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 123,000 tCO₂e (47.31%)
  • Capital Goods (Cat. 2): 62,000 tCO₂e (23.85%)
  • Purchased Goods and Services (Cat. 1): 34,000 tCO₂e (13.08%)

Hulic's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(47.3%)Purchased Goods andServices (Cat. 1)(13.1%)Capital Goods(Cat. 2)(23.8%)

Insights into Hulic's Total Carbon Footprint

In 2023, Hulic reported a total carbon footprint of 279,516 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Hulic's total carbon footprint was Scope 3 emissions, accounting for 93.43% of the company's total carbon footprint, followed by Scope 1 emissions at 4.74%. a

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