GLP J-REIT, or GLP Japan Real Estate Investment Trust, is a prominent player in the Japanese real estate investment sector, headquartered in Tokyo, Japan. Established in 2010, the trust focuses primarily on logistics and industrial properties, catering to the growing demand for efficient supply chain solutions in the region. With a diverse portfolio that includes modern logistics facilities and warehouses, GLP J-REIT stands out for its commitment to sustainability and innovation. The trust has achieved significant milestones, including strategic acquisitions that enhance its market position and operational efficiency. Recognised for its robust performance, GLP J-REIT continues to attract investors seeking exposure to Japan's dynamic real estate market, solidifying its reputation as a leader in the logistics real estate industry.
How does Glp J Reit'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.
Glp J Reit's score of 28 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, GLP J-REIT reported total carbon emissions of approximately 73,846,000 kg CO2e. This figure represents a slight increase from the previous year, 2020, when emissions were about 73,011,000 kg CO2e. The emissions data does not specify the breakdown into Scope 1, 2, or 3 categories. GLP J-REIT has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. Additionally, the company is committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not been detailed. These initiatives reflect GLP J-REIT's commitment to sustainability and its proactive approach to addressing climate change within the real estate sector in Japan.
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.
Glp J Reit 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.