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 GHG Emissions Data Preview

In 2023, Nippon Building Fund 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).

Nippon Building Fund 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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nippon Building Fund’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 Nippon Building Fund’s data sources below and access millions more through our Disclosure Search.

a. Nippon Building Fund's Webpage captured from company’s website 2023
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b. Nippon Building Fund's Environmental Progress Report 2021
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Insights into Nippon Building Fund's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nippon Building Fund amounted to 16,178 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 Nippon Building Fund decreased by 20.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Nippon Building Fund's Scope 1 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e-7%-9%-59%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Nippon Building Fund's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nippon Building Fund were 4,354 metric tons of CO₂ equivalent (tCO₂e). a

Has Nippon Building Fund reduced its Scope 1 emissions over time?

Since 2019, Nippon Building Fund's Scope 1 emissions have decreased by 68.58%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Nippon Building Fund's Scope 1 emissions decreased by 9.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nippon Building Fund's Scope 2 emissions?

In 2023, Nippon Building Fund reported Scope 2 greenhouse gas (GHG) emissions of 11,824 tCO₂e without specifying the calculation method. a

Has Nippon Building Fund reduced its Scope 2 emissions over time?

Since 2019, Nippon Building Fund's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 91.84%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Nippon Building Fund's Scope 2 emissions (Unspecified Calculation Method) fell by 24.49% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Nippon Building Fund use for Scope 2 reporting?

In 2023, Nippon Building Fund reported its Scope 2 emissions using an unspecified methodology. a

Nippon Building Fund's Scope 2 Emissions Over Time

20192020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nippon Building Fund's Value Chain Emissions

In 2023, Nippon Building Fund reported 108,309 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 Nippon Building Fund includes a breakdown across 1 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

Nippon Building Fund's Scope 3 Emissions Over Time

20222023035 k70 k105 k140 ktCO2e-17%
  • Total Scope 3
  • Year-over-Year Change

What are Nippon Building Fund's Scope 3 emissions?

In 2023, Nippon Building Fund reported total Scope 3 emissions of 108,309 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

Compared to the previous year (2022), Nippon Building Fund's Scope 3 emissions decreased by 17.33%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Nippon Building Fund disclose?

In 2023, Nippon Building Fund 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 Nippon Building Fund's Scope 3 emissions?

In 2023, the largest contributors to Nippon Building Fund's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 108,309 tCO₂e (100%)

Nippon Building Fund's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Nippon Building Fund's Total Carbon Footprint

In 2023, Nippon Building Fund reported a total carbon footprint of 124,487 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.82% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Nippon Building Fund's total carbon footprint was Scope 3 emissions, accounting for 87% of the company's total carbon footprint, followed by Scope 2 emissions at 9.5%. a

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