Nippon Building Fund Inc

Common Name
Nippon Building Fund
Country
Japan
Sector
Real Estate
Industry
REIT - Office
Employees
N/A
Ticker
8951
Exchange
TOKYO STOCK EXCHANGE
Description
Nippon Building Fund Inc. is a real estate investment trust (REIT) that primarily focuses on investing in and managing high-quality office buildings in central urban areas of Japan. The REIT's primary...

Nippon Building Fund's Climate Target Data Preview

As of 2023, Nippon Building Fund has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target 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 Nippon Building Fund ’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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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Nippon Building Fund's Greenhouse Gas Emissions Pathways

As of 2023, Nippon Building Fund 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.

Does Nippon Building Fund have a target to reduce the emissions from its operations?

As of 2023, Nippon Building Fund has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Nippon Building Fund's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 27,370 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Nippon Building Fund is ahead of schedule on its operational emissions reduction target, having achieved 97.36% of the planned reduction.

Nippon Building Fund's Operational (Scope 1+2) Emissions Pathway

20212023203007 k14 k21 k28 kBaselineCurrent (-41%)

Does Nippon Building Fund have a target to reduce its total carbon footprint?

As of 2023, Nippon Building Fund has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Nippon Building Fund's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 147,900 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 90% by 2050.

As of 2023, Nippon Building Fund is ahead of schedule on its total carbon footprint reduction target, having achieved 17.59% of the planned reduction.

Nippon Building Fund's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202120232050040 k80 k120 k160 kBaselineCurrent (-16%)Target 2050 (-90%)
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