Mitsui Fudosan Co., Ltd.

Mitsui Fudosan Co., Ltd., a real estate services company headquartered in Japan, reported total emissions of approximately 4.61 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 209 million kg CO2e, Scope 2 emissions of 319 million kg CO2e, and Scope 3 emissions of 4.083 billion kg CO2e. In 2023, the company's total emissions were about 3.941 billion kg CO2e.

Mitsui Fudosan has committed to achieving Net Zero emissions for Scope 1 and Scope 2 by fiscal year (FY) 2050. The company also aims for overall Net Zero across all scopes by 2050. Near-term targets include a 40% decrease in Scope 1, Scope 2, and Scope 3 emissions by FY2030, compared to a FY2019 baseline. Furthermore, Mitsui Fudosan has Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by FY2030 from a FY2019 base year, and to reduce absolute Scope 3 GHG emissions by 39.2% within the same timeframe. These targets for Scope 1 and 2 are consistent with reductions required to keep warming to 1.5°C.