Advance Residence Investment Corporation, commonly referred to as ADR, is a prominent player in the Japanese real estate investment trust (REIT) sector. Headquartered in Tokyo, Japan, the company primarily focuses on residential properties across major urban regions, including Osaka and Nagoya. Founded in 2003, ADR has established itself as a leader in the market, boasting a diverse portfolio that includes high-quality rental apartments. The company’s unique approach to property management and investment strategy has enabled it to achieve significant milestones, including consistent growth in asset value and occupancy rates. With a commitment to sustainability and tenant satisfaction, Advance Residence Investment continues to enhance its market position, making it a trusted name in the Japanese real estate industry.
How does Advance Residence Investment'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.
Mean score of companies in the Real Estate 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.
Advance Residence Investment's score of 7 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Advance Residence Investment Corporation, headquartered in Japan, reported a greenhouse gas (GHG) emission intensity of approximately 20.8 tonnes CO2e per unit of revenue. This figure reflects their commitment to sustainability within the real estate sector. The company has set ambitious targets to reduce its GHG emissions, specifically aiming for a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline year. Additionally, they plan to measure and address their Scope 3 emissions, which encompass indirect emissions from their value chain. The reduction targets have been validated by the Science Based Targets initiative (SBTi), aligning with the global goal to limit temperature rise to 1.5°C. This commitment underscores Advance Residence Investment's proactive approach to climate action and its dedication to enhancing environmental performance in the real estate industry.
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.
Advance Residence Investment is committed to some reduction initiatives 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.