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 57 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 reported total carbon emissions of approximately 3,897,000 kg CO2e, all of which fall under Scope 1 emissions. This marks a decrease from 2023, where total emissions were about 124,487,000 kg CO2e, comprising 4,354,000 kg CO2e from Scope 1, 17,983,000 kg CO2e from Scope 2, and 111,934,000 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030 from a 2021 baseline. Furthermore, Nippon Building Fund is committed to achieving net-zero emissions by 2050, with a target to reduce total emissions (Scope 1, 2, and 3) by 90% from the same baseline year. These targets have been validated through the Science Based Targets initiative (SBTi), ensuring alignment with the 1.5°C climate goal. The company’s reduction initiatives include a specific focus on energy-based CO2 emissions, targeting a 46% reduction from 2013 levels by 2030. Nippon Building Fund's commitment to sustainability reflects its proactive approach to addressing climate change within the real estate sector in Japan.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 144,852,000 | 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.