Japan Real Estate Investment Corp

Common Name
Japan Real Estate Investment
Country
Japan
Sector
Real Estate
Industry
REIT - Office
Employees
N/A
Ticker
8952
Exchange
TOKYO STOCK EXCHANGE
Description
Japan Real Estate Investment Corporation is a prominent entity in the realm of real estate investment trusts (REITs). As a REIT, its primary function is to invest in and manage a diversified portfolio...
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Japan Real Estate Investment's GHG Emissions Data Preview

In 2024, Japan Real Estate Investment 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).

Japan Real Estate Investment has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Japan Real Estate Investment’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 Japan Real Estate Investment’s data sources below and access millions more through our Disclosure Search.

a. Japan Real Estate Investment's Webpage captured from company’s website 2024
a. Japan Real Estate Investment's Webpage captured from company’s website 2024

Insights into Japan Real Estate Investment's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Japan Real Estate Investment amounted to 15,361 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 2023, the total operational greenhouse gas (GHG) emissions of Japan Real Estate Investment decreased by 3.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Japan Real Estate Investment's Scope 1 Emissions Over Time

20192020202120222023202408501.7 k2.55 k3.4 ktCO2e+3%-9%-8%-5%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Japan Real Estate Investment's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Japan Real Estate Investment were 2,627 metric tons of CO₂ equivalent (tCO₂e). a

Has Japan Real Estate Investment reduced its Scope 1 emissions over time?

Since 2019, Japan Real Estate Investment's Scope 1 emissions have decreased by 18.11%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Japan Real Estate Investment's Scope 1 emissions decreased by 1.2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Japan Real Estate Investment's Scope 2 emissions?

In 2024, Japan Real Estate Investment reported Scope 2 greenhouse gas (GHG) emissions of 12,734 tCO₂e using the market-based method. a

Has Japan Real Estate Investment reduced its Scope 2 emissions over time?

Since 2019, Japan Real Estate Investment's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 69.99%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Japan Real Estate Investment's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Japan Real Estate Investment 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Japan Real Estate Investment use for Scope 2 reporting?

In 2024, Japan Real Estate Investment reported its Scope 2 emissions using the market-based method. a

Japan Real Estate Investment's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Japan Real Estate Investment's Value Chain Emissions

In 2024, Japan Real Estate Investment reported 8,797 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 2024 disclosure of Japan Real Estate Investment includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Japan Real Estate Investment's Scope 3 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e-12%-29%-66%-21%-8%
  • Total Scope 3
  • Year-over-Year Change

What are Japan Real Estate Investment's Scope 3 emissions?

In 2024, Japan Real Estate Investment reported total Scope 3 emissions of 8,797 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Japan Real Estate Investment reduced its Scope 3 emissions over time?

Since 2019, Japan Real Estate Investment's Scope 3 emissions have decreased by 84.65%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Japan Real Estate Investment's Scope 3 emissions remained relatively stable, indicating that Japan Real Estate Investment 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Japan Real Estate Investment disclose?

In 2024, Japan Real Estate Investment reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Japan Real Estate Investment's Scope 3 emissions?

In 2024, the largest contributors to Japan Real Estate Investment's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 8,797 tCO₂e (100%)

Japan Real Estate Investment's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Japan Real Estate Investment’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Japan Real Estate Investment reported Scope 1 greenhouse gas (GHG) emissions of 2,627 tCO₂e and total revenues of USD 588 millions. This translates into an emissions intensity of 4.47 tCO₂e per millions USD. a

Japan Real Estate Investment's Scope 1 Emissions Intensity Compared to Peers

201,00020,000500,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)NJMitsui Fudosan Logistics ParkYear: 2022Scope 1: 15 tCO2eRevenue: $M 150Scope 1 Intensity: 0.10 tCO2e/$MNNNippon Building FundYear: 2024Scope 1: 3,897 tCO2eRevenue: $M 644Scope 1 Intensity: 6.05 tCO2e/$MFrontier Real EstateYear: 2024Scope 1: 239 tCO2eRevenue: $M 156Scope 1 Intensity: 1.53 tCO2e/$MDaiwa House IndustryYear: 2024Scope 1: 218,000 tCO2eRevenue: $M 34,356Scope 1 Intensity: 6.35 tCO2e/$MHulicYear: 2024Scope 1: 13,869 tCO2eRevenue: $M 3,768Scope 1 Intensity: 3.68 tCO2e/$MIIFYear: 2023Scope 1: 24,149 tCO2eRevenue: $M 254Scope 1 Intensity: 94.97 tCO2e/$MJJJapan Prime Realty InvestmentYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 252Scope 1 Intensity: 5.72 tCO2e/$MInvincible InvestmentYear: 2024Scope 1: 14 tCO2eRevenue: $M 297Scope 1 Intensity: 0.05 tCO2e/$MMEL REITYear: 2023Scope 1: 1 tCO2eRevenue: $M 100Scope 1 Intensity: 0.01 tCO2e/$MTokyu Fudosan HoldingsYear: 2023Scope 1: 52,100 tCO2eRevenue: $M 7,551Scope 1 Intensity: 6.90 tCO2e/$MGORYear: 2024Scope 1: 360 tCO2eRevenue: $M 96Scope 1 Intensity: 3.77 tCO2e/$MJMFYear: 2024Scope 1: 4,988 tCO2eRevenue: $M 564Scope 1 Intensity: 8.84 tCO2e/$MMitsui FudosanYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 15,737Scope 1 Intensity: 13.28 tCO2e/$MOpen House GroupYear: 2022Scope 1: 1,118 tCO2eRevenue: $M 6,596Scope 1 Intensity: 0.17 tCO2e/$MNomura Real Estate Master FundYear: 2023Scope 1: 1,196 tCO2eRevenue: $M 572Scope 1 Intensity: 2.09 tCO2e/$MDaiwa House REIT InvestmentYear: 2024Scope 1: 190 tCO2eRevenue: $M 427Scope 1 Intensity: 0.44 tCO2e/$MOrix JREITYear: 2023Scope 1: 1,576 tCO2eRevenue: $M 352Scope 1 Intensity: 4.48 tCO2e/$MMitsubishi EstateYear: 2024Scope 1: 99,135 tCO2eRevenue: $M 9,936Scope 1 Intensity: 9.98 tCO2e/$MAdvance Residence InvestmentYear: 2022Scope 1: 188 tCO2eRevenue: $M 257Scope 1 Intensity: 0.73 tCO2e/$MNomura Real Estate HoldingsYear: 2023Scope 1: 24,000 tCO2eRevenue: $M 4,915Scope 1 Intensity: 4.88 tCO2e/$MSekisui House ReitYear: 2023Scope 1: 50,371 tCO2eRevenue: $M 214Scope 1 Intensity: 235.81 tCO2e/$MJapan Real Estate InvestmentYear: 2024Scope 1: 2,627 tCO2eRevenue: $M 588Scope 1 Intensity: 4.47 tCO2e/$M

How does Japan Real Estate Investment's GHG emissions intensity compare to its peers?

In 2024, Japan Real Estate Investment reported a Scope 1 emissions intensity of 4.47 tCO₂e per millions USD. Compared to the peer group median of 4.48 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Japan Real Estate Investment rank on GHG emissions intensity within its industry?

In 2024, Japan Real Estate Investment ranked 11 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Japan Real Estate Investment is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Japan Real Estate Investment's Total Carbon Footprint

In 2024, Japan Real Estate Investment reported a total carbon footprint of 24,158 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.33% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Japan Real Estate Investment's total carbon footprint was Scope 2 emissions, accounting for 52.71% of the company's total carbon footprint, followed by Scope 3 emissions at 36.41%. a

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