Nippon Building Fund

Nippon Building Fund, a Japanese construction company, reported total carbon emissions of approximately 97,081,000 kg CO2e in 2024. This figure includes Scope 1 emissions of approximately 114,670,000 kg CO2e. In 2023, their total emissions were about 124,487,000 kg CO2e, with Scope 1 emissions at approximately 134,270,000 kg CO2e. For 2022, total emissions stood at around 151,484,000 kg CO2e, including Scope 1 emissions of approximately 157,713,000 kg CO2e.

Nippon Building Fund has committed to several ambitious climate targets. They aim to reduce Scope 1 and Scope 2 GHG emissions by 42% by 2030, using a 2021 base year. Furthermore, the company is committed to achieving net-zero emissions by 2050, with an overall target of reducing Scope 1, Scope 2, and Scope 3 emissions by 90% by 2050 from a 2021 base year. These targets have been approved by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C, through a streamlined validation route for small and medium-sized enterprises (SMEs). They have also set a specific target to reduce energy-based CO2 emissions (Scope 1 and Scope 2) by 46% or more by 2030, against a 2013 baseline.