Tokyu Fudosan Holdings Sustainability Profile
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 61 is higher than 78% 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 1860800000 kg CO2e from Scope 3 and about 85900000 kg CO2e from combined Scope 1 and 2 emissions. This reflects a slight increase in Scope 3 emissions from 1739000000 kg CO2e in 2022, while Scope 1 and 2 emissions decreased from 139800000 kg CO2e in the same year. The company has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 emissions by FY2023 compared to FY2019 levels. Additionally, Tokyu Fudosan Holdings has committed to achieving net-zero greenhouse gas emissions across its entire value chain by FY2050. Near-term targets include a 46.2% reduction in absolute Scope 1 and 2 emissions by FY2030, alongside a similar reduction in Scope 3 emissions from purchased goods and services, capital goods, and the use of sold products. These targets align with the Science Based Targets initiative (SBTi) and are designed to keep global warming below 1.5°C. The company also aims to become carbon negative by FY2025, demonstrating a proactive approach to climate action.
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| 2013 | 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 |
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Tokyu Fudosan Holdings'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.
Tokyu Fudosan Holdings has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Common questions about Tokyu Fudosan Holdings's sustainability data and climate commitments