Japan Logistics Fund

Japan Logistics Fund's commitment to climate action is underpinned by a robust emissions reduction strategy. In 2023, the fund reported total emissions of approximately 24,360,000 kg CO2e, comprising 623,000 kg CO2e of Scope 2 emissions and 24,360,000 kg CO2e of Scope 3 emissions. Scope 1 emissions were reported as 0 kg CO2e for this year.

The previous year, 2022, saw total emissions of approximately 27,205,000 kg CO2e, with Scope 2 emissions at about 753,000 kg CO2e and Scope 3 emissions at approximately 27,205,000 kg CO2e. Scope 1 emissions were also 0 kg CO2e in 2022. In 2021, total emissions were approximately 32,410,000 kg CO2e, with Scope 1 emissions at 963,000 kg CO2e and Scope 3 emissions at 31,447,000 kg CO2e.

Japan Logistics Fund is working towards ambitious climate goals. The organisation aims for net-zero emissions by FY2050, encompassing both Scope 1 and Scope 2 emissions. Furthermore, a near-term target is in place to reduce Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions by 42% by 2030, using 2021 as the baseline year. These targets have been validated by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C. The fund is also committed to measuring and reducing its Scope 3 emissions.