Japan Logistics Fund

Japan Logistics Fund's reported carbon emissions

Japan Logistics Fund, Inc., headquartered in JP and operating within financial intermediation services, except insurance and pension funding services, has reported a total of approximately 24.36 million kg CO2e for the year 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2022, their total emissions were approximately 27.21 million kg CO2e, with Scope 2 accounting for around 753,000 kg CO2e and Scope 3 for approximately 26.45 million kg CO2e (total emissions minus Scope 2 to approximate Scope 3). For 2021, Japan Logistics Fund reported Scope 1 emissions of approximately 963,000 kg CO2e and Scope 3 emissions of approximately 31.45 million kg CO2e. Earlier data for 2020 indicated total emissions of about 29.87 million kg CO2e, and for 2019, total emissions were approximately 35.81 million kg CO2e. Japan Logistics Fund is committed to achieving net-zero emissions by FY2050 for both Scope 1 and Scope 2 emissions. Furthermore, they have set a near-term target to reduce Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions by 42% by 2030, using 2021 as the baseline year. These targets align with the Science Based Targets initiative (SBTi), which has approved their commitment to reduce Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2021 base year, and to measure and reduce Scope 3 emissions. They have also indicated progress as being "on track" for their Scope 2 near-term targets.