Orix Jreit, officially known as Orix Real Estate Investment Corporation, is a prominent player in Japan's real estate investment trust (REIT) sector. Headquartered in Tokyo, Japan, the company primarily operates within the Japanese real estate market, focusing on the acquisition and management of income-generating properties. Founded in 2003, Orix Jreit has achieved significant milestones, including a robust portfolio that spans various asset classes such as residential, commercial, and logistics properties. The company distinguishes itself through its strategic investment approach and commitment to sustainable practices, ensuring long-term value for its stakeholders. With a strong market position, Orix Jreit has garnered recognition for its consistent performance and innovative asset management strategies, making it a trusted name in the Japanese REIT landscape.
How does Orix Jreit'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 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.
Orix Jreit's score of 62 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Orix JREIT reported total greenhouse gas emissions of approximately 1,116,285,000 kg CO2e, comprising 981,519,000 kg CO2e from Scope 1, 139,766,000 kg CO2e from Scope 2, and 39,000,000 kg CO2e from Scope 3 emissions. This reflects their ongoing commitment to transparency in emissions reporting. Orix JREIT has set ambitious climate targets, committing to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. Additionally, they aim to achieve net-zero emissions by 2050, with a target to reduce total emissions (Scope 1, 2, and 3) by 90% from the same base year. These targets have been validated by the Science Based Targets initiative (SBTi), aligning with the goal of limiting global warming to 1.5°C. The company has demonstrated a proactive approach to climate action, focusing on both direct emissions (Scope 1 and 2) and indirect emissions (Scope 3), which include business travel and downstream leased assets. Orix JREIT's commitment to sustainability is evident in their strategic initiatives aimed at reducing their carbon footprint and enhancing their overall environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 225,599,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 158,652,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 3 | - | - | - | 00,000,000 | - | 00,000,000 | 000,000,000 | 00,000,000 |
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.
Orix Jreit is committed to some reduction initiatives 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.