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) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.
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.
In 2023, the total Scope 1 emissions of Orix JREIT were 1,576 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
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.
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.
In 2023, Orix JREIT reported its Scope 2 emissions using the market-based method and using the location-based method.
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
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.
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.
In 2023, the largest contributors to Orix JREIT's Scope 3 emissions were:
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%.