Mitsubishi Estate

Mitsubishi Estate, headquartered in Japan, reported total emissions of approximately 2.08 billion kg CO2e in 2024. This included Scope 1 emissions of around 99.14 million kg CO2e, Scope 2 emissions of about 115.96 million kg CO2e, and Scope 3 emissions of approximately 1.87 billion kg CO2e.

Looking back, Mitsubishi Estate's total emissions have shown a downward trend from 2019, when they were approximately 4.04 billion kg CO2e. In 2023, total emissions were about 2.28 billion kg CO2e, comprising around 93.03 million kg CO2e for Scope 1, 131.21 million kg CO2e for Scope 2, and 2.05 billion kg CO2e for Scope 3.

Mitsubishi Estate has set several climate commitments and reduction targets. The company has near-term Science Based Targets initiative (SBTi) approved goals to reduce absolute Scope 1 and 2 GHG emissions by 70% by FY2030 from a FY2019 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 50% by FY2030 from a FY2019 base year. For the long term, Mitsubishi Estate is committed to achieving net-zero greenhouse gas emissions across the entire value chain by FY2050 from a FY2019 base year, with a long-term SBTi target to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2050 from the same base year. The company is also committed to switching to 100% renewable energy for the electricity they use by 2050 as part of the RE100 initiative.