Japan Logistics Fund

Japan Logistics Fund's Carbon Emissions and Climate Commitments

Japan Logistics Fund reported total emissions of 24,360,000 kg CO2e in 2023. This included approximately 623,000 kg CO2e from Scope 2 emissions and 24,360,000 kg CO2e from Scope 3 emissions. There were no Scope 1 emissions reported for this year. In 2022, the company's total emissions were approximately 27,205,000 kg CO2e, with about 753,000 kg CO2e from Scope 2 and 27,205,000 kg CO2e from Scope 3. In 2021, Japan Logistics Fund reported approximately 963,000 kg CO2e in Scope 1 emissions and 31,447,000 kg CO2e in Scope 3 emissions. Earlier data shows total emissions of about 29,872,000 kg CO2e in 2020 and 35,807,000 kg CO2e in 2019, though specific scope breakdowns are not available for these years.

Japan Logistics Fund has committed to achieving net-zero emissions for both Scope 1 and Scope 2 by FY2050. As a near-term target, the company aims to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. These targets have been validated by the Science Based Targets initiative (SBTi) for small and medium-sized enterprises (SMEs) and are consistent with reductions required to limit global warming to 1.5°C. The company has also committed to measuring and reducing its Scope 3 emissions.