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 72% 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, comprising 2,658,000 kg CO2e from Scope 1, 13,216,000 kg CO2e from Scope 2, and 9,609,000 kg CO2e from Scope 3. This data reflects a commitment to transparency in emissions reporting, with all relevant scopes disclosed. JRE has set ambitious reduction targets, aiming for an 80% reduction in Scope 1 and Scope 2 emissions by FY2030 compared to FY2019 levels. Additionally, the corporation has committed to achieving net-zero emissions by 2050, with a specific target to reduce total emissions (Scope 1, 2, and 3) by 100% from the 2019 baseline. Significantly, JRE has reported a reduction of approximately 75.25% in total CO2 emissions from its portfolio in FY2023 compared to FY2019, demonstrating substantial progress towards its climate commitments. Furthermore, the corporation aims to transition to renewable energy sources, targeting 90% renewable electricity usage by FY2030 and 100% by FY2050 for its Scope 2 emissions. These initiatives align with the Science Based Targets initiative (SBTi), under which JRE has committed to reducing Scope 1 and Scope 2 GHG emissions by 46% by 2030 from a 2019 base year, while also measuring and addressing Scope 3 emissions.
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.
