Mitsubishi Estate Logistics REIT Investment Corporation, commonly referred to as MEL, is a prominent player in the logistics real estate investment sector, headquartered in Tokyo, Japan. Established in 2018, MEL focuses on acquiring and managing high-quality logistics facilities across key operational regions in Japan, capitalising on the growing demand for efficient supply chain solutions. The company’s portfolio includes state-of-the-art logistics properties that cater to diverse industries, setting it apart with a commitment to sustainability and innovation. Notable achievements include strategic partnerships and a robust market position, making MEL a trusted name in the logistics REIT landscape. With a keen eye on market trends, Mitsubishi Estate Logistics REIT continues to enhance its offerings, ensuring long-term value for investors and stakeholders alike.
How does Mitsubishi Estate Logistics Reit 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.
Mitsubishi Estate Logistics Reit Investment's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mitsubishi Estate Logistics REIT Investment Corporation reported total greenhouse gas emissions of approximately 20,633,000 kg CO2e. This includes 600 kg CO2e from Scope 1 emissions, 2,811,900 kg CO2e from Scope 2 emissions, and a significant 19,701,900 kg CO2e from Scope 3 emissions. The company has made substantial commitments to reduce its carbon footprint, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, based on a 2021 baseline. Additionally, Mitsubishi Estate Logistics REIT has set a long-term goal to achieve net-zero emissions by 2050, with an ambitious target of reducing total emissions (Scopes 1, 2, and 3) by 90% from the same baseline year. These targets have been validated through the Science Based Targets initiative (SBTi), aligning with the global aim to limit warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | - | 000 | 000 | 000 | 000 | 000 |
Scope 2 | 13,754,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | - |
Scope 3 | 4,434,300 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Mitsubishi Estate Logistics Reit Investment is committed to some reduction initiatives 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.