Japan Real Estate Investment, commonly referred to as JREI, is a prominent player in the real estate sector, headquartered in Tokyo, Japan. Established in 2005, the company has rapidly expanded its operations across major urban regions, including Osaka and Yokohama, focusing on both residential and commercial properties. JREI offers a diverse range of services, including property management, investment consultancy, and market analysis, distinguished by its commitment to leveraging local market insights and innovative strategies. The firm has achieved notable recognition for its sustainable development initiatives and has positioned itself as a trusted partner for both domestic and international investors. With a strong market presence and a reputation for excellence, Japan Real Estate Investment continues to shape the landscape of real estate investment in Japan, making it a key player in the industry.
How does Japan Real Estate Investment'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.
Mean score of companies in the Real Estate 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.
Japan Real Estate Investment's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Japan Real Estate Investment Corporation (JRE) reported total carbon emissions of approximately 25,483,000 kg CO2e. This includes Scope 1 emissions of about 1,202,000 kg CO2e, Scope 2 emissions of approximately 892,000 kg CO2e, and Scope 3 emissions amounting to around 9,609,000 kg CO2e. JRE has set ambitious climate commitments, aiming for an 80% reduction in Scope 1 and Scope 2 emissions by FY2030 compared to FY2019 levels. Additionally, the corporation has achieved significant reductions, reporting a 75.25% decrease in total CO2 emissions from its portfolio in FY2023 compared to FY2019. Looking towards the future, JRE is committed to reaching net-zero emissions by 2050, with a target to reduce all scopes of emissions (Scope 1, 2, and 3) by 100% from 2019 levels. Furthermore, they aim to transition to renewable energy for 90% of their electricity usage by FY2030 and 100% by FY2050. These targets align with the Science Based Targets initiative (SBTi), which has validated JRE's near-term goal of a 46% reduction in Scope 1 and Scope 2 emissions by 2030. The corporation's proactive approach to sustainability reflects its commitment to addressing climate change within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 1,893,000 | 0,000,000 |
Scope 2 | 1,019,000 | 000,000 |
Scope 3 | 12,207,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Japan Real Estate Investment is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.