Orix JREIT Inc

Common Name
Orix JREIT
Country
Japan
Sector
Real Estate
Industry
REIT - Office
Employees
N/A
Ticker
8954
Exchange
TOKYO STOCK EXCHANGE
Description
Orix Jreit Inc. is a Japanese real estate investment trust specializing in the investment and management of a diversified portfolio of real estate assets. Its primary function is to generate stable in...

Orix JREIT's Climate Target Data Preview

As of 2024, Orix JREIT has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 8 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 Orix JREIT ’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, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2050
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030

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 Orix JREIT's Greenhouse Gas Emissions Pathways

As of 2024, Orix JREIT 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 Orix JREIT have a target to reduce the emissions from its operations?

As of 2024, Orix JREIT has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Orix JREIT's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 21,145 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

Instead of reducing operational emissions, Orix JREIT has increased them, with 2022 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

Orix JREIT's Operational (Scope 1+2) Emissions Pathway

20212022203005.5 k11 k16.5 k22 kCurrent (+1%)Target 2030 (-42%)

Does Orix JREIT have a target to reduce its total carbon footprint?

As of 2024, Orix JREIT has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Orix JREIT's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 105,472 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 90% by 2050.

As of 2023, Orix JREIT is lagging behind on its total carbon footprint reduction target, having achieved 4.72% of the planned reduction.

Orix JREIT's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202120232050030 k60 k90 k120 kCurrent (-4%)Target 2050 (-90%)
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