Tokyu Fudosan Holdings
Tokyu Fudosan Holdings Corporation, commonly referred to as Tokyu Fudosan, is a prominent player in the real estate industry, headquartered in Tokyo, Japan. Founded in 1953, the company has established itself as a leader in property development, management, and investment, primarily operating in the Kanto region and expanding its influence across Japan. Specialising in residential, commercial, and mixed-use developments, Tokyu Fudosan is renowned for its innovative approach to urban living and sustainable design. The company has achieved significant milestones, including the successful launch of various large-scale projects that enhance community living. With a strong market position, Tokyu Fudosan continues to set benchmarks in the real estate sector, focusing on quality and customer satisfaction.
DitchCarbon Score
How does Tokyu Fudosan Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tokyu Fudosan Holdings's score of 57 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tokyu Fudosan Holdings's reported carbon emissions
In 2023, Tokyu Fudosan Holdings reported total carbon emissions of approximately 1,860,800,000 kg CO2e for Scope 3 and about 85,900,000 kg CO2e for combined Scope 1 and 2 emissions. This marks a slight increase in Scope 3 emissions from 2022, which were about 1,739,000,000 kg CO2e, while Scope 1 and 2 emissions decreased from approximately 139,800,000 kg CO2e in the previous year. The company has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 emissions by fiscal 2023 compared to fiscal 2019 levels. Additionally, Tokyu Fudosan Holdings is targeting to become carbon negative by fiscal 2025. Long-term goals include achieving net-zero greenhouse gas emissions across the value chain by fiscal 2050, with interim targets of a 46.2% reduction in Scope 1 and 2 emissions and a 46% reduction in Scope 3 emissions by fiscal 2030, both from a fiscal 2019 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change within the real estate sector. The emissions data and reduction targets are sourced directly from Tokyu Fudosan Holdings Corporation, with no data cascaded from a parent organization.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - | - | - | - | - |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tokyu Fudosan Holdings is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
