GOOD PLACE Co., Ltd.

GOOD PLACE Co., Ltd., headquartered in Japan and operating in the Commercial and Institutional Building Construction industry, has established robust climate commitments, aiming for net zero GHG emissions by FY2050.

The company is committed to a significant reduction in its environmental impact. For Scope 1 and Scope 2 emissions, GOOD PLACE Co., Ltd. is targeting net zero by FY2050. This long-term goal is underpinned by an intermediate target to halve emissions by FY2030, achieved through portfolio restructuring, including divesting from thermal power assets. These targets, derived from the "MC Shared Value (共創価値)" initiative, are aligned with the Paris Agreement and the 1.5°C pathway.

Furthermore, the company's approach to emissions calculation includes relevant affiliated companies, adhering to the equity share approach of the GHG Protocol. This ensures a comprehensive view of its carbon footprint.

In addition to these overarching goals, JRE (Japan Real Estate Investments) has set a separate reduction target for its entire portfolio of 35% compared to 2013 levels, to be achieved by 2030, covering both Scope 1 and Scope 2 emissions. While GOOD PLACE Co., Ltd.'s direct emissions data is not provided in this report, these commitments highlight a strategic direction towards decarbonisation within the commercial and institutional building construction sector.