Nippon Building Fund, also known as NBF, is a prominent player in the Japanese real estate investment trust (REIT) sector, headquartered in Tokyo, Japan. Established in 2003, NBF has steadily built a robust portfolio, focusing on the acquisition and management of high-quality commercial properties across major urban regions in Japan, including Tokyo and Osaka. Specialising in office buildings and retail spaces, NBF distinguishes itself through its commitment to sustainable development and tenant satisfaction. The company has achieved notable milestones, including consistent dividend payouts and a strong market position, making it a trusted choice for investors seeking exposure to Japan's dynamic real estate market. With a reputation for excellence, Nippon Building Fund continues to shape the landscape of property investment in Japan.
How does Nippon Building Fund'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 Construction Work 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.
Nippon Building Fund's score of 56 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Nippon Building Fund (NBF) reported carbon emissions of approximately 3,897,000 kg CO2e, exclusively from Scope 1 sources. In 2023, the total emissions were about 124,487,000 kg CO2e, with Scope 1 emissions at approximately 134,270,000 kg CO2e and Scope 3 emissions from downstream leased assets at about 111,934,000 kg CO2e. The previous year, 2022, saw total emissions of around 151,484,000 kg CO2e, with Scope 1 at approximately 157,713,000 kg CO2e, Scope 2 at about 17,983,000 kg CO2e, and Scope 3 emissions from downstream leased assets at approximately 131,952,000 kg CO2e. NBF has set ambitious climate commitments, aiming to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030 from a 2021 base year. Additionally, the company has pledged to achieve net-zero emissions by 2050, targeting a 90% reduction in total emissions across all scopes (1, 2, and 3) from the same base year. These targets have been validated by the Science Based Targets initiative (SBTi) and are aligned with the 1.5°C climate goal. Overall, NBF's commitment to sustainability is reflected in its significant reduction targets and ongoing efforts to measure and mitigate its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 191,606,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
Scope 2 | 138,323,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | - | - |
Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | - |
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.
Nippon Building Fund is participating in some of the initiatives that 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.