Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change

Governance Achievements

• Established a governance system for addressing climate-related risks and opportunities, including roles for CEO, Chief Investment Officer, and Sustainability Secretariat.

Climate Goals & Targets

Environmental Challenges

• Transition risks (policy & regulatory, technology, market, reputational) related to decarbonization.
• Physical risks (acute and chronic) from climate disasters like typhoons, floods, and extreme temperatures.

Mitigation Strategies

• Identifying, assessing, and managing climate-related risks and opportunities.
• Developing processes for risk identification, assessment, and management.
• Setting metrics and targets for managing climate-related risks and opportunities.
• Integrating climate-related risk management into overall risk management programs.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Floods
• Extreme temperatures

Transition Risks

• Policy and regulatory changes
• Technological advancements
• Market fluctuations
• Reputational risks

Reporting Standards

Frameworks Used: TCFD

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Achieved a 30% reduction in GHG emissions (Scope 1-3 combined, on a per unit basis) by 2030 compared to the base year (2019).
• LED lighting upgrades implemented to improve energy efficiency.
• Introduction of water-saving toilets and faucets to reduce water consumption.
• Promotion of greening on walls and rooftops to contribute to biodiversity conservation.
• Reduction of waste through tenant collaboration (recycling food waste, promoting paper recycling).

Social Achievements

• Held annual clothing donation events in collaboration with the NPO Japan Relief Clothing Center.
• Implemented various social contribution events at properties.
• Implemented barrier-free improvements at properties for accessibility.
• Distributed sustainability guides to tenants to promote collaboration on environmental initiatives.
• Conducted annual employee satisfaction surveys to improve workplace environment.

Governance Achievements

• Established a Sustainability Committee chaired by the President and CEO.
• Implemented a comprehensive compliance program including regular training.
• Established anti-social force exclusion measures.
• Developed a conflict of interest prevention policy.
• Conducted internal audits twice a year.

Climate Goals & Targets

Environmental Challenges

• Climate change risks (extreme weather events, sea-level rise, increased energy costs).
• Transition risks (regulatory changes, market shifts towards environmentally friendly buildings).

Mitigation Strategies

• Developed a climate change response guideline.
• Implemented building diagnostics for long-term decarbonization planning.
• Implemented measures to reduce energy consumption, GHG emissions, water consumption, and increase waste recycling rates.
• Introduced green lease clauses in rental agreements.
• Collaboration with tenants on energy data sharing and environmental initiatives.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• ESG factors considered in selecting business partners and suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (typhoons, floods)
• Sea-level rise
• Increased energy costs

Transition Risks

• Regulatory changes
• Market shifts towards environmentally friendly buildings
• Increased costs associated with carbon tax or carbon credits

Opportunities

• Reduced energy costs through energy-efficient upgrades.
• Increased rental income from environmentally friendly properties.

Reporting Standards

Frameworks Used: GRI Standards

Certifications: DBJ Green Building, CASBEE

Third-party Assurance: KPMG AZSA Sustainability

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• GRESB 4 Stars rating
• Green Star rating (9 consecutive years)
• Health Management Excellent Company 2023 (Small and Medium-sized Enterprise Division)