Acquired Third-Party Verification of FY2021 Greenhouse Gas Emissions
Achieved a single fiscal year reduction of 4% (compared with FY2019) and three-year average reduction of 6% (compared with the period from FY2018 to FY2020)

February 28, 2023
Mitsui Fudosan Co., Ltd.

Tokyo, Japan, February 28, 2023 - Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo (hereinafter “Mitsui Fudosan”), announced today that the company has acquired an independent third-party verification from Deloitte Tohmatsu Sustainability Co., Ltd. regarding its FY2021 greenhouse gas emissions. In the initial year of FY2021, a single fiscal year reduction of 4% (compared with FY2019) and three-year average reduction of 6% from FY2019 to FY2021 (compared with the period from FY2018 to FY2020) were achieved.

Since the Group’s greenhouse gas (GHG) emissions fluctuate greatly depending on the lineup of properties completed and sold each fiscal year, we disclose the three-year average emissions together with the single fiscal year results.

We will continue working on initiatives toward the medium- to long-term goals for GHG emissions (GHG emission reduction target of 40% by FY2030 (46.2% for Scopes 1 and 2) and net zero by FY2050, both compared with FY2019) based on the Group Action Plan to Realize a Decarbonized Society formulated in November 2021.

< GHG emissions over time >

*In line with the acquisition of the third-party verification, we have revised the GHG emissions for each fiscal year announced on June 29, 2022.

< Breakdown of FY2021 GHG emissions >

■ Mitsui Fudosan Group’s contribution to SDGs

https://www.mitsuifudosan.co.jp/english/esg_csr/
The Mitsui Fudosan Group aims for a society that enriches both people and the planet under the principles of coexisting in harmony with society, linking diverse values and achieving a sustainable society, and advances business with an awareness of the environment (E), society (S) and governance (G), thus promoting ESG management. By further accelerating its ESG management, the Group will realize Society 5.0, which the Japanese government has been advocating, and contribute significantly to achieving the SDGs.

*The initiatives covered in this press release are contributing to three of the UN’s SDGs.