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OrganisationsHulic
Hulic logo

Hulic

Real Estate ServicesJapanPNK: HULCF
Last verified 6 days agohulic.co.jp

Hulic Co., Ltd., a prominent player in the real estate services sector, is headquartered in Tokyo, Japan. Established in 1963, the company has built a strong reputation for its comprehensive range of services, including property management, development, and leasing. With a focus on urban redevelopment and sustainable practices, Hulic has successfully transformed numerous properties across major Japanese cities.

The firm is recognised for its innovative approach to real estate, offering unique solutions that cater to the evolving needs of clients. Notable achievements include significant contributions to urban revitalisation projects, positioning Hulic as a leader in the industry. With a commitment to quality and sustainability, Hulic continues to shape the landscape of Japan's real estate market.

44
DitchCarbon score

+15 vs industry average

Hulic’s score of 44 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Real Estate Services is among the least carbon-intensive industries

Industry performance

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

Emissions trajectory 2020 – 2026

000.0M000M000M00M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hulic's reported carbon emissions

Hulic's total carbon emissions for 2023 were approximately 280 million kg CO2e. This breaks down into approximately 13.26 million kg CO2e for Scope 1, about 5.11 million kg CO2e for Scope 2, and approximately 261.15 million kg CO2e for Scope 3. In 2022, total emissions were approximately 274 million kg CO2e, with Scope 1 at about 13.15 million kg CO2e, Scope 2 at approximately 20.97 million kg CO2e, and Scope 3 at around 239.4 million kg CO2e.

Hulic has set ambitious climate commitments. They have had their near-term emissions reduction targets (by 2030) approved by the Science Based Targets initiative (SBTi) as being consistent with the goals of the Paris Agreement. Specifically, Hulic commits to reducing absolute Scope 1 and 2 greenhouse gas emissions by 70% by 2030, using 2019 as a base year. Additionally, they aim to increase their sourcing of renewable electricity to 100% by 2024. For Scope 3 emissions, Hulic has committed to a 30% reduction by 2030 from a 2019 base year, focusing on emissions from the use of sold products and downstream leased assets. Hulic also aims for substantially zero Scope 1, 2, and 3 emissions by 2050.

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Hulic’s Climate Goals (2030 & 2050)

4 goals

2030

70% reduction in Scope 2

Hulic Co. , Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 70% by 2030 from a 2019 base year. Hulic Co. , Ltd. commits to incre…

At risk70%

2030

70% reduction in Scope 1

Hulic Co. , Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 70% by 2030 from a 2019 base year. Hulic Co. , Ltd. commits to incre…

Behind target70%

2030

30% reduction in scope 3 total

Hulic Co. , Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 70% by 2030 from a 2019 base year. Hulic Co. , Ltd. commits to incre…

Behind target30%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

9 of 15 categories disclosed
Downstream Leased Assets47%
Capital Goods24%
Purchased Goods & Services13%
Use of Sold Products12%
Fuel & Energy Activities2%
Waste Generated in Operations2%
End-of-Life Treatment0%
Employee Commuting0%
Downstream Leased Assets47%
Capital Goods24%
Purchased Goods & Services13%
Use of Sold Products12%
Fuel & Energy Activities2%
Waste Generated in Operations2%
End-of-Life Treatment0%
Employee Commuting0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

2024 targetSee details
Active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hulic logoHulic
JPReal Estate Services
6 days ago
44
Kddi logoKddi
JPPost and Telecommunications Services
4 days ago
100
View
Panasonic logoPanasonic
JPElectrical Machinery Manufacturing
6 days ago
100
View
Toyota logoToyota
JPMotor Vehicle Manufacturing
6 days ago
93
View
Ntt Data logoNtt Data
JPComputer Services
6 days ago
83
View
Daiwa House Industry Co logoDaiwa House Industry Co
JPBusiness Services
6 days ago
79
View
Hitachi logoHitachi
JPElectrical Machinery Manufacturing
6 days ago
78
View

Frequently asked questions

Common questions about Hulic’s sustainability data and climate commitments

Hulic's estimated total carbon emissions for 2024 are approximately 279.5 million kg CO₂e. This figure combines emissions from Scope 1, Scope 2, and Scope 3, with Scope 3 accounting for the largest share at roughly 264.5 million kg CO₂e. The company reports these emissions based on direct data, reflecting its environmental impact within Japan's real estate sector. Tracking these figures helps stakeholders understand Hulic's carbon footprint and progress toward its climate commitments, including its target to reduce overall emissions by around 2030.

Data year: 2024

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