Tokyu Fudosan Holdings
Tokyu Fudosan Holdings Corporation, commonly referred to as Tokyu Fudosan, is a prominent player in the real estate industry, headquartered in Tokyo, Japan. Founded in 1953, the company has established itself as a leader in property development, management, and investment, primarily operating in the Kanto region and expanding its influence across Japan. Specialising in residential, commercial, and mixed-use developments, Tokyu Fudosan is renowned for its innovative approach to urban living and sustainable design. The company has achieved significant milestones, including the successful launch of various large-scale projects that enhance community living. With a strong market position, Tokyu Fudosan continues to set benchmarks in the real estate sector, focusing on quality and customer satisfaction.
DitchCarbon Score
How does Tokyu Fudosan Holdings'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 Business 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
Tokyu Fudosan Holdings's score of 57 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tokyu Fudosan Holdings's reported carbon emissions
In 2023, Tokyu Fudosan Holdings reported total carbon emissions of approximately 186,080,000 kg CO2e from Scope 3 and about 85,900,000 kg CO2e from combined Scope 1 and 2 emissions. This marks a slight increase in Scope 3 emissions from 2022, which were about 173,900,000 kg CO2e, while Scope 1 and 2 emissions decreased from approximately 139,800,000 kg CO2e in the previous year. The company has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 emissions by fiscal 2023 compared to fiscal 2019 levels. Additionally, Tokyu Fudosan Holdings has committed to becoming carbon negative by fiscal 2025. Long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions, which encompass emissions from purchased goods and services, capital goods, and the use of sold products. These targets align with the Science Based Targets initiative (SBTi), which has classified them as consistent with the reductions required to limit global warming to 1.5°C. The company is also committed to achieving net-zero greenhouse gas emissions across its entire value chain by fiscal 2050. Overall, Tokyu Fudosan Holdings is actively working towards significant emissions reductions while adhering to industry standards and climate commitments.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - | - | - | - | - |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Tokyu Fudosan Holdings 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.
