Orix Jreit
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.
DitchCarbon Score
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.
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
Orix Jreit's score of 52 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Orix Jreit's reported carbon emissions
In 2023, Orix JREIT reported total greenhouse gas emissions of approximately 18,570,000 kg CO2e, comprising 789,000 kg CO2e from Scope 1, 18,570,000 kg CO2e from Scope 2, and 57,598,000 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 from a 2021 baseline. Additionally, they aim to achieve a 90% reduction in total emissions across all scopes (1, 2, and 3) by 2050, also from a 2021 baseline. 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 is actively measuring and working to reduce its Scope 3 emissions, which include significant contributions from business travel and downstream leased assets. Orix JREIT's commitment to net-zero emissions by 2050 underscores its dedication to sustainable practices within the real estate sector in Japan.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 784,000 | 000,000 | 000,000 |
| Scope 2 | 17,644,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 60,508,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
