Fukuoka REIT Corporation Sustainability Profile
Fukuoka REIT Corporation, a prominent player in the Japanese real estate investment trust (REIT) sector, is headquartered in Fukuoka, Japan. Established in 2005, the company has rapidly developed a robust portfolio, primarily focusing on residential, commercial, and retail properties across the Fukuoka region and other key areas in Kyushu. Fukuoka REIT distinguishes itself through its strategic investments in high-quality assets, aiming to deliver stable returns to its investors. With a commitment to sustainable growth, the corporation has achieved notable milestones, including consistent dividend payouts and a strong market presence. As a leader in the regional REIT market, Fukuoka REIT Corporation continues to enhance its reputation through innovative property management and a focus on community development.
DitchCarbon Score
How does Fukuoka REIT Corporation'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 Services Auxiliary to Financial Intermediation 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
Fukuoka REIT Corporation's score of 33 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fukuoka REIT Corporation's reported carbon emissions
In 2023, Fukuoka REIT Corporation reported total emissions of approximately 8,768,000 kg CO2e, comprising 53,000 kg CO2e from Scope 1 and 8,715,000 kg CO2e from Scope 2. The company has set ambitious targets to reduce its carbon footprint, aiming for a 35% reduction in CO2 emissions by 2030 compared to 2019 levels for both Scope 1 and Scope 2 emissions. This commitment reflects Fukuoka REIT's dedication to sustainability and aligns with industry standards for climate action. The organization has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect operational emissions. Fukuoka REIT's climate initiatives are not cascaded from a parent organization, ensuring that their commitments are independently established.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 53,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 10,999,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Fukuoka REIT Corporation's Industry?
How Carbon Intensive is Fukuoka REIT Corporation's Location?
Fukuoka REIT Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fukuoka REIT Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Sogo & Seibu Co., Ltd.
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