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 37 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Orix JREIT Inc., headquartered in Japan, reported a significant commitment to reducing its carbon emissions, particularly focusing on its operational control properties. The company has set ambitious targets to reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2021 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects a broader strategy to achieve net-zero emissions by 2050. In previous years, Orix JREIT's emissions data has shown a consistent focus on improving energy efficiency within its real estate portfolio. For instance, in 2020, the total emissions were approximately 78,936,000 kg CO2e, with Scope 1 emissions at about 784,000 kg CO2e, Scope 2 at approximately 17,644,000 kg CO2e, and Scope 3 at around 60,508,000 kg CO2e. The company has also reported emissions intensity metrics, such as 89.0 kg CO2e per square metre in 2022, indicating a commitment to monitoring and reducing its carbon footprint. Orix JREIT's climate strategy includes a long-term goal to reduce total emissions (Scope 1, 2, and 3) by 90% by 2050, again using 2021 as the baseline. This comprehensive approach demonstrates the company's dedication to sustainability and its proactive stance in addressing climate change within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | |
|---|---|
| Scope 1 | 784,000 |
| Scope 2 | 17,644,000 |
| Scope 3 | 60,508,000 |
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 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.
