Japan Real Estate Investment

Japan Real Estate Investment Corporation (JRE) reported approximately 24.16 million kg CO2e in 2024. The previous year, 2023, saw emissions of roughly 25.52 million kg CO2e, a decrease from approximately 31.04 million kg CO2e in 2022. In 2021, JRE's emissions were approximately 71.02 million kg CO2e, and in 2020, they stood at about 93.38 million kg CO2e. This demonstrates a significant reduction trend in their total carbon emissions over recent reporting years.

JRE has set ambitious climate targets, including an aim for an 80% reduction in CO2 emissions by FY2030, compared to the FY2019 level. Furthermore, JRE is committed to achieving net-zero emissions by FY2050. Under their Science Based Targets initiative (SBTi) commitments, JRE aims to reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 46% by 2030 from a 2019 base year, and to measure and reduce its Scope 3 emissions. The company also commits to reaching net-zero by 2050, with a specific goal to reduce Scope 1, 2, and 3 emissions by 100% by 2050 from a 2019 base year. Additionally, JRE plans to make 90% of the electricity used at its buildings renewable energy by FY2030 and 100% by FY2050.