Leopalace21 Corporation, commonly referred to as Leopalace21, is a prominent player in the Japanese real estate and housing industry, headquartered in Tokyo, Japan. Founded in 1973, the company has established itself as a leader in providing rental housing solutions, particularly for expatriates and students, across major urban regions in Japan. Specialising in the development and management of furnished apartments, Leopalace21 offers unique services such as flexible lease terms and comprehensive support for residents. The company has achieved significant milestones, including the expansion of its property portfolio and the introduction of innovative housing concepts. With a strong market position, Leopalace21 continues to be recognised for its commitment to quality and customer satisfaction in the competitive real estate landscape.
How does Leopalace21'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.
Leopalace21's score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Leopalace21 reported total carbon emissions of approximately 628,593,000 kg CO2e. This figure includes 6,390,000 kg CO2e from Scope 1 emissions, 46,966,000 kg CO2e from Scope 2, and a significant 575,237,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by the use of sold products, which accounted for about 522,681,000 kg CO2e. Comparatively, in 2023, the company recorded total emissions of about 503,180,000 kg CO2e, with Scope 1 emissions at 4,289,000 kg CO2e, Scope 2 at 7,458,000 kg CO2e, and Scope 3 at 491,433,000 kg CO2e. This indicates an increase in total emissions from 2023 to 2024. Leopalace21 has set ambitious reduction targets, achieving a 26% reduction in Scope 1 and 2 emissions by the end of fiscal year 2021, compared to fiscal year 2016. This target was established in 2020 and reflects the company's commitment to reducing emissions from electricity, gas, and vehicle fuel usage. The company has disclosed emissions data across all three scopes and has demonstrated a proactive approach to climate commitments, although no specific Science-Based Targets Initiative (SBTi) targets have been reported. Overall, Leopalace21's emissions data and reduction initiatives highlight its ongoing efforts to address climate change and improve sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,392,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,692,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 873,167,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Leopalace21's Scope 3 emissions, which increased by 17% last year and decreased by approximately 34% since 2016, 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 "Use of Sold Products" being the largest emissions source at 91% 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.
Leopalace21 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.

