Mitsubishi Estate Sustainability Profile
Mitsubishi Estate Co., Ltd., a prominent player in the real estate industry, is headquartered in Tokyo, Japan. Established in 1937, the company has evolved into a leading developer and manager of commercial and residential properties, primarily operating in Japan and expanding its reach internationally. Mitsubishi Estate is renowned for its diverse portfolio, which includes office buildings, retail spaces, and urban development projects. The company’s commitment to sustainability and innovative design sets it apart in a competitive market. Notable achievements include the development of landmark properties such as the Marunouchi district in Tokyo, which exemplifies its influence in urban planning and real estate development. With a strong market position, Mitsubishi Estate continues to shape the landscape of modern living and working environments.
DitchCarbon Score
How does Mitsubishi Estate'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.
Industry Average
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.
Industry Benchmark
Mitsubishi Estate's score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitsubishi Estate's reported carbon emissions
In 2024, Mitsubishi Estate reported total greenhouse gas emissions of approximately 2,083,884,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 215,096,000 kg CO2e and Scope 3 emissions contributing approximately 1,868,788,000 kg CO2e. The company has set ambitious targets to reduce its emissions significantly. By 2030, Mitsubishi Estate aims to achieve a 70% reduction in Scope 1 and 2 emissions and a 50% reduction in Scope 3 emissions, both compared to the fiscal year 2019 levels. Furthermore, the company has committed to a long-term goal of reducing absolute Scope 1, 2, and 3 emissions by 90% by 2050 from the same base year. Mitsubishi Estate is also a member of the RE100 initiative, pledging to transition to 100% renewable energy for its electricity consumption by 2050. This commitment aligns with its broader climate strategy, which includes a net-zero target across all scopes by 2050. The company’s emissions data and reduction targets are sourced directly from Mitsubishi Estate Co., Ltd., with no data cascaded from a parent organization.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 120,634,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | - |
| Scope 2 | 575,262,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | - |
| Scope 3 | 2,573,679,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Mitsubishi Estate's Climate Goals (2030 & 2050)
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.
Mitsubishi Estate has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Mitsubishi Estate's sustainability data and climate commitments