Daiwa House Reit

In 2023, Daiwa House REIT Investment Corporation reported total greenhouse gas emissions of approximately 132,285,000 kg CO2e. This figure includes Scope 1 emissions of 195,000 kg CO2e, Scope 2 emissions of 20,000 kg CO2e, and significant Scope 3 emissions amounting to approximately 132,069,000 kg CO2e. The latter includes emissions from capital goods, downstream leased assets, and other categories.

Daiwa House REIT has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 42% by 2030 from a 2020 baseline. Additionally, the company is committed to achieving net-zero emissions across all scopes by 2050. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects a strong dedication to sustainability within the real estate sector.

The company also aims for a 70% reduction in Scope 1 and Scope 2 emissions by 2030 compared to 2015 levels, further demonstrating its proactive approach to climate action. These targets are part of a broader strategy to enhance energy efficiency and transition to renewable energy sources in its operations.