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 GHG Emissions Data Preview

In 2023, Orix JREIT 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).

Orix JREIT has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Orix JREIT amounted to 23,981 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Orix JREIT decreased by 0.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Orix JREIT's Scope 1 Emissions Over Time

20182019202020212022202305001 k1.5 k2 ktCO2e-51%+19%+123%+14%-21%
  • Total Scope 1
  • Year-over-Year Change

What are Orix JREIT's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Orix JREIT were 1,576 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Orix JREIT reduced its Scope 1 emissions over time?

Since 2018, Orix JREIT's Scope 1 emissions have increased by 16.91%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Orix JREIT's Scope 1 emissions decreased by 21.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Orix JREIT's Scope 2 emissions?

In 2023, Orix JREIT reported Scope 2 greenhouse gas (GHG) emissions of 18,570 tCOâ‚‚e using the market-based method, and 22,405 tCOâ‚‚e using the location-based method.

Has Orix JREIT reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Orix JREIT's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Orix JREIT 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Orix JREIT use for Scope 2 reporting?

In 2023, Orix JREIT reported its Scope 2 emissions using the market-based method and using the location-based method.

Orix JREIT's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Orix JREIT's Value Chain Emissions

In 2023, Orix JREIT reported 80,842 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Orix JREIT includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Orix JREIT's Scope 3 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e-4%+38%+2%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Orix JREIT's Scope 3 emissions?

In 2023, Orix JREIT reported total Scope 3 emissions of 80,842 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 28.58% of these emissions originated from upstream activities such as purchased goods and capital goods, while 71.42% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Orix JREIT's Scope 3 emissions remained relatively stable, indicating that Orix JREIT 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Orix JREIT disclose?

In 2023, Orix JREIT reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Orix JREIT's Scope 3 emissions?

In 2023, the largest contributors to Orix JREIT's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 57,598 tCOâ‚‚e (71.25%)
  • Capital Goods (Cat. 2): 8,660 tCOâ‚‚e (10.71%)
  • Purchased Goods and Services (Cat. 1): 6,905 tCOâ‚‚e (8.54%)

Orix JREIT's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(8.5%)Capital Goods(Cat. 2)(10.7%)Downstream LeasedAssets (Cat. 13)(71.2%)

Insights into Orix JREIT's Total Carbon Footprint

In 2023, Orix JREIT reported a total carbon footprint of 104,823 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.78% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Orix JREIT's total carbon footprint was Scope 3 emissions, accounting for 77.12% of the company's total carbon footprint, followed by Scope 2 emissions at 21.37%.