Nippon Steel Kowa Real Estate Sustainability Profile
Nippon Steel Kowa Real Estate Co., Ltd., commonly referred to as NSKRE, is a prominent player in the Japanese real estate industry, headquartered in Tokyo, Japan. Established in 1959, the company has built a strong reputation for its expertise in property development, management, and investment, primarily focusing on residential, commercial, and industrial sectors. With a commitment to innovation and sustainability, NSKRE offers a diverse portfolio of services, including real estate leasing, property management, and urban development. The company is recognised for its unique approach to integrating advanced technology and eco-friendly practices into its projects, setting it apart in a competitive market. Nippon Steel Kowa Real Estate has achieved significant milestones, solidifying its position as a leader in the industry, and continues to contribute to the evolving landscape of urban development in Japan.
DitchCarbon Score
How does Nippon Steel Kowa Real Estate'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
Nippon Steel Kowa Real Estate's score of 22 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nippon Steel Kowa Real Estate's reported carbon emissions
In 2022, Nippon Steel Kowa Real Estate reported total carbon emissions of approximately 55,951,000 kg CO2e, comprising 8,312,000 kg CO2e from Scope 1 and 47,639,000 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2021, where total emissions were about 230,155,000 kg CO2e, with Scope 1 emissions at 79,896,000 kg CO2e and Scope 2 emissions at 150,258,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, which includes indirect emissions from the value chain. However, in 2019, it reported Scope 1 emissions of approximately 78,384,000,000 kg CO2e and Scope 2 emissions of about 11,878,000,000 kg CO2e, indicating a substantial overall reduction in emissions over the years. Nippon Steel Kowa Real Estate has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from parent or related organizations. The absence of formal commitments suggests a need for further development in their climate strategy. The company continues to focus on transparency in its emissions reporting, aligning with industry standards for sustainability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 81,099,000,000 | 00,000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 12,563,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 21,191,000,000 | 00,000,000,000 | - | - | - |
How Carbon Intensive is Nippon Steel Kowa Real Estate's Industry?
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Nippon Steel Kowa Real Estate's Scope 3 Categories Breakdown
Nippon Steel Kowa Real Estate's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 1% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 19% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 81% of Scope 3 emissions.
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Nippon Steel Kowa Real Estate'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.
Nippon Steel Kowa Real Estate has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
