Japan Real Estate Investment, commonly referred to as JREI, is a prominent player in the real estate sector, headquartered in Tokyo, Japan. Established in 2005, the company has rapidly expanded its operations across major urban regions, including Osaka and Yokohama, focusing on both residential and commercial properties. JREI offers a diverse range of services, including property management, investment consultancy, and market analysis, distinguished by its commitment to leveraging local market insights and innovative strategies. The firm has achieved notable recognition for its sustainable development initiatives and has positioned itself as a trusted partner for both domestic and international investors. With a strong market presence and a reputation for excellence, Japan Real Estate Investment continues to shape the landscape of real estate investment in Japan, making it a key player in the industry.
How does Japan Real Estate Investment's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Japan Real Estate Investment's score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Japan Real Estate Investment Corporation (JRE) reported total carbon emissions of approximately 25,483,000 kg CO2e, with Scope 1 emissions at about 1,202,000 kg CO2e and Scope 2 emissions at approximately 892,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for an 80% reduction in Scope 1 and Scope 2 emissions by FY2030 compared to FY2019 levels. In the Japanese market, JRE's emissions for 2023 included Scope 1 emissions of about 2,658,000 kg CO2e, Scope 2 emissions of approximately 13,216,000 kg CO2e, and Scope 3 emissions at around 9,609,000 kg CO2e. This reflects a commitment to comprehensive emissions management across all scopes. JRE has achieved significant reductions, reporting a 75.25% decrease in total CO2 emissions from its portfolio in FY2023 compared to FY2019. The company is also committed to reaching net-zero emissions by 2050, with a target to reduce total emissions (Scope 1, 2, and 3) by 100% from 2019 levels. The reduction initiatives are supported by the Science Based Targets initiative (SBTi), which has validated JRE's targets, including a near-term goal of reducing Scope 1 and Scope 2 GHG emissions by 46% by 2030. The company aims to transition to renewable energy, targeting 90% renewable electricity usage by FY2030 and 100% by FY2050 for its Scope 2 emissions. Overall, JRE's climate commitments reflect a robust strategy to mitigate its environmental impact while aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 1,893,000 | 0,000,000 |
Scope 2 | 1,019,000 | 000,000 |
Scope 3 | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Japan Real Estate Investment is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.