Tokyo Tatemono

In fiscal year 2024, Tokyo Tatemono, a real estate services company headquartered in Japan, reported total carbon emissions of approximately 1.4 billion kg CO2e. This figure comprises Scope 1 emissions of about 13.8 million kg CO2e, Scope 2 emissions of approximately 29.6 million kg CO2e, and substantial Scope 3 emissions totalling around 1.36 billion kg CO2e. The largest contributors within Scope 3 were the use of sold products (over 801 million kg CO2e) and purchased goods and services (about 334 million kg CO2e).

Looking at previous years, Tokyo Tatemono's total emissions were approximately 984 million kg CO2e in fiscal year 2023, down from about 1 billion kg CO2e in fiscal year 2022, and around 1 billion kg CO2e in fiscal year 2021. In fiscal year 2020, emissions were approximately 921 million kg CO2e, while in fiscal year 2019, they stood at about 987 million kg CO2e.

Tokyo Tatemono has established several ambitious climate commitments. The company aims for a 46.2% reduction in Scope 1 and 2 CO2 emissions by fiscal year 2030, compared to fiscal year 2019 levels. Additionally, they are targeting a 40% reduction in Scope 3 CO2 emissions by the same year, also relative to fiscal year 2019. Furthermore, Tokyo Tatemono has committed to achieving net-zero CO2 emissions across all scopes (1, 2, and 3) by fiscal year 2050. This aligns with Science Based Targets initiative (SBTi) commitments, which include a 46.2% reduction in absolute Scope 1 and 2 GHG emissions by FY2030 from a FY2019 base year, and a 40% reduction in absolute Scope 3 GHG emissions from use of sold products and downstream leased assets within the same timeframe.