Japan Logistics Fund

Japan Logistics Fund's reported carbon emissions

Japan Logistics Fund, Inc., headquartered in Japan and operating within the financial intermediation services sector, has outlined its carbon emissions and climate commitments. In 2023, the company reported total emissions of approximately 24.36 million kg CO2e. This figure encompasses Scope 2 emissions totalling about 623,000 kg CO2e and Scope 3 emissions of approximately 24.36 million kg CO2e. Scope 1 emissions were reported as 0.0 kg CO2e for this year. For 2022, Japan Logistics Fund, Inc. recorded total emissions of approximately 27.21 million kg CO2e, with Scope 2 emissions at around 753,000 kg CO2e and Scope 3 emissions at approximately 27.21 million kg CO2e. Scope 1 emissions were also 0.0 kg CO2e. In 2021, the company's emissions data includes Scope 1 at approximately 963,000 kg CO2e and Scope 3 at approximately 31.45 million kg CO2e. Japan Logistics Fund, Inc. is committed to achieving net-zero emissions by Fiscal Year 2050 for both Scope 1 and Scope 2. Furthermore, it has established 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. This near-term target aligns with a 1.5°C trajectory. The company also commits to measuring and reducing its Scope 3 emissions. These targets have been approved by the Science Based Targets initiative (SBTi) and are considered consistent with reductions required to keep warming to 1.5°C. The organisation is recognised as a small or medium-sized enterprise (SME) for the purpose of SBTi target validation.