Mitsubishi Estate Logistics REIT Investment Corp

Common Name

MEL REIT

Country

Japan

Sector

Real Estate

Industry

REIT - Industrial

Employees

N/A

Ticker

3481

Exchange

TOKYO STOCK EXCHANGE

Website

mel-reit.co.jp

Description

Mitsubishi Estate Logistics REIT Inc. is a Real Estate Investment Trust focusing on logistics facilities. Its primary function is to invest in and manage a diversified portfolio of logistics propertie... Show more

MEL REIT's GHG Emissions Data Preview

In 2023, MEL REIT 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).

MEL REIT has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Categories of Scope 3 (5 categories)
Purchased Goods and Services (Cat. 1) Emissions from the extraction, production, and transportation of goods and services purchased by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Capital Goods (Cat. 2) Emissions from the production and delivery of long-term capital assets such as buildings, machinery, and equipment.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Fuel- and Energy-Related Services (Cat. 3) Emissions related to the production of fuels and energy purchased by the company that are not included in Scope 1 or 2 (e.g. extraction, refining, transport).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Waste Generated in Operations (Cat. 5) Emissions from the treatment and disposal of waste generated in company operations, handled by third parties.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Downstream Leased Assets (Cat. 13) Emissions from the operation of assets owned by the company and leased to others (downstream).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into MEL REIT's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MEL REIT amounted to 1 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of MEL REIT decreased by 99.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

MEL REIT's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are MEL REIT's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MEL REIT were 1 metric tons of CO₂ equivalent (tCO₂e).

What are MEL REIT's Scope 2 emissions?

In 2023, MEL REIT reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method.

Has MEL REIT reduced its Scope 2 emissions over time?

Since 2021, MEL REIT's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), MEL REIT's Scope 2 emissions (Market-Based) fell by 100% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does MEL REIT use for Scope 2 reporting?

In 2023, MEL REIT reported its Scope 2 emissions using the market-based method.

MEL REIT's Scope 2 Emissions Over Time

Total Scope 2 Market-Based

Insights into MEL REIT's Value Chain Emissions

In 2023, MEL REIT reported 20,632 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of MEL REIT includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

MEL REIT's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are MEL REIT's Scope 3 emissions?

In 2023, MEL REIT reported total Scope 3 emissions of 20,632 metric tons of CO₂ equivalent (tCO₂e).

Approximately 32.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.35% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does MEL REIT disclose?

In 2023, MEL REIT reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

In 2023, the largest contributors to MEL REIT's Scope 3 emissions were:

Downstream Leased Assets (Cat. 13): 13,895 tCO₂e (67.35%)
Purchased Goods and Services (Cat. 1): 3,639 tCO₂e (17.64%)
Capital Goods (Cat. 2): 2,301 tCO₂e (11.15%)

MEL REIT's Scope 3 Emissions by Categories

Insights into MEL REIT's Total Carbon Footprint

In 2023, MEL REIT reported a total carbon footprint of 20,633 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,299.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to MEL REIT's total carbon footprint was Scope 3 emissions, accounting for 100% of the company's total carbon footprint, followed by Scope 1 emissions at 0%.

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