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, 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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -42%a | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2050 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -46%a | 2030 |
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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.a
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.a
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.a
As of 2023, Nippon Building Fund is ahead of schedule on its operational emissions reduction target, having achieved 97.36% of the planned reduction.a
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.a
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.a
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.a