Mitsui Fudosan Co., Ltd. Sustainability Profile
Mitsui Fudosan Co., Ltd., a leading real estate development firm based in Japan, has established itself as a key player in the global property market since its founding in 1941. Headquartered in Tokyo, the company operates extensively across Japan and has expanded its reach to various international markets, including North America and Asia. Specialising in residential, commercial, and mixed-use developments, Mitsui Fudosan is renowned for its innovative urban planning and commitment to sustainability. The company’s core offerings include high-quality residential complexes, office buildings, and retail spaces, distinguished by their design and functionality. With a strong market position, Mitsui Fudosan has achieved numerous accolades, reflecting its dedication to excellence and community enhancement in the real estate sector.
DitchCarbon Score
How does Mitsui Fudosan Co., Ltd.'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
Mitsui Fudosan Co., Ltd.'s score of 58 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitsui Fudosan Co., Ltd.'s reported carbon emissions
In 2023, Mitsui Fudosan Co., Ltd. reported total carbon emissions of approximately 3,941,000,000 kg CO2e. This includes Scope 1 emissions of about 437,000 kg CO2e, Scope 2 emissions of approximately 1,545,000 kg CO2e, and significant Scope 3 emissions totalling around 75,133,000 kg CO2e. The company has set ambitious climate commitments, aiming for net zero emissions across all scopes by 2050. For the near term, Mitsui Fudosan has committed to reducing absolute Scope 1 and 2 GHG emissions by 46.2% and Scope 3 emissions by 39.2% by FY2030, using FY2019 as the baseline year. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the real estate sector. The emissions data shows a slight decrease from 2022, where total emissions were about 5,503,000,000 kg CO2e, indicating progress towards their reduction goals. The company is on track to meet its five-year targets, demonstrating a proactive approach to addressing climate change.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 90,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 395,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,636,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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Mitsui Fudosan Co., Ltd.'s Scope 3 Categories Breakdown
Mitsui Fudosan Co., Ltd.'s Scope 3 emissions, which decreased by 1% last year and decreased by approximately 97% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 2068% of Scope 3 emissions.
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Mitsui Fudosan Co., Ltd.'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.
Mitsui Fudosan Co., Ltd. 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.
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Frequently Asked Questions
Common questions about Mitsui Fudosan Co., Ltd.'s sustainability data and climate commitments