Japanese Real Estate Investment Trust (J-REIT) is a prominent player in the real estate investment sector, headquartered in Tokyo, Japan. Established in 2001, J-REIT has rapidly evolved, focusing on the acquisition and management of income-generating properties across major urban regions, including Tokyo, Osaka, and Nagoya. Specialising in diversified real estate portfolios, J-REIT offers investors access to a range of assets, including commercial, residential, and industrial properties. Its unique approach combines rigorous market analysis with a commitment to sustainable practices, setting it apart in a competitive landscape. With a strong market position, J-REIT has achieved significant milestones, including consistent dividend payouts and a robust growth trajectory, making it a trusted choice for both domestic and international investors seeking exposure to Japan's dynamic real estate market.
How does Japanese Real Estate Investment Trust'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.
Japanese Real Estate Investment Trust's score of 28 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Japanese Real Estate Investment Trust (J-RE) reported total carbon emissions of approximately 26,580,000 kg CO2e from Scope 1, 13,216,000 kg CO2e from Scope 2, and 96,090,000 kg CO2e from Scope 3. The total emissions from Scope 1 and 2 combined reached about 22,860,000 kg CO2e. Notably, J-RE achieved a significant reduction in total CO2 emissions from its portfolio, with a decrease of 75.25% in FY2023 compared to FY2019 levels. For Scope 1 emissions, J-RE's total was approximately 2,658,000 kg CO2e in 2023, down from about 2,785,000 kg CO2e in 2022. Scope 2 emissions also saw a reduction, from approximately 16,046,000 kg CO2e in 2022 to 13,216,000 kg CO2e in 2023. Scope 3 emissions, which include a variety of indirect emissions, were reported at approximately 96,090,000 kg CO2e in 2023, with significant contributions from downstream leased assets (about 231,973,000 kg CO2e) and capital goods (approximately 56,056,000 kg CO2e). J-RE has set ambitious long-term climate commitments, aiming for 90% of its electricity used in buildings to come from renewable sources by FY2030, and 100% by FY2050. These targets reflect a commitment to net-zero emissions, particularly in Scope 2 emissions. The emissions data for J-RE is cascaded from its parent organization, KJR Management, indicating a corporate family relationship that influences its sustainability reporting and targets. Overall, J-RE's proactive approach to reducing carbon emissions and its commitment to renewable energy positions it as a leader in climate responsibility within the real estate sector in Japan.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 23,230,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 228,985,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 |
Japanese Real Estate Investment Trust's Scope 3 emissions, which increased by 12% last year and increased by approximately 12% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 46% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Japanese Real Estate Investment Trust has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
