As of 2025, Orix JREIT has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 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 Orix JREIT'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, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | -19%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | -23%a | 2026 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | -28%a | 2027 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | -33%a | 2028 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | -37%a | 2029 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | 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 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -42%a, b | 2030 |
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As of 2025, Orix JREIT has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.ab
As of 2025, Orix JREIT has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.ab
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.ab
As of 2024, Orix JREIT is lagging behind on its total carbon footprint reduction target, having achieved 3.79% of the planned reduction.ab