Hulic Reit

Hulic Reit's reported carbon emissions

Hulic REIT Plc, headquartered in Japan, has reported its carbon emissions for several recent years, with the most recent data available for 2024. In 2024, the company reported total GHG emissions of approximately 73.5 million kg CO2e. This comprised approximately 6.6 million kg CO2e for Scope 2 emissions and approximately 66.6 million kg CO2e for Scope 3 emissions, with downstream leased assets accounting for a significant portion of the Scope 3 total. For the year 2023, Hulic REIT's total GHG emissions were approximately 76.4 million kg CO2e, including approximately 11.1 million kg CO2e for Scope 2 and approximately 65.3 million kg CO2e for Scope 3, with downstream leased assets being the largest contributor to Scope 3. In 2022, the company's total emissions were approximately 71.6 million kg CO2e, with Scope 2 emissions at approximately 11.6 million kg CO2e and Scope 3 emissions at approximately 67.5 million kg CO2e. Hulic REIT has established climate commitments, including near-term targets set for 2030, using 2022 as the base year. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by the end of 2030. Furthermore, Hulic REIT has committed to reducing absolute Scope 3 GHG emissions, specifically from downstream leased assets, by 25% by the same deadline. These targets are recognised as being consistent with a 1.5°C warming pathway.