Climate Change Data

Kenedix, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Contribution to a Sustainable Environment
  • Commitment to a Diverse Society
  • Stakeholder Engagement
  • Attractive Working Environment
  • Responsible Organization

Environmental Achievements

  • Installed solar panels at multiple properties
  • Converted lightings to LED in common and tenant areas
  • Implemented remote surveillance of road heating, reducing fuel costs
  • Installed secure lockers for deliveries, reducing transportation emissions
  • Achieved 100% renewable energy for electricity consumed by group REITs by the end of FY2025
  • Installed solar power generation system on the roof of “Kolet”, single-family properties for rent

Social Achievements

  • Invested in healthcare facilities to meet growing demand
  • Improved resilience through emergency kits, manuals, and disaster relief vending machines
  • Implemented initiatives for an aging society with fewer children, including investments in healthcare and childcare facilities
  • Provided work experience opportunities for high school students
  • Provided J-REIT study session for university students
  • Supported the activities of Japan for UNHCR
  • Held an event to create a Christmas tree using local tenryu cedar trees

Governance Achievements

  • Established a robust compliance system with a Compliance Officer and committees
  • Developed a comprehensive Compliance Manual and training programs
  • Implemented measures against money laundering and terrorist financing
  • Established an anti-bribery and anti-corruption policy
  • Implemented a risk management system with defined risk categories and reporting procedures
  • Established crisis and disaster response systems with emergency response plans and drills
  • Implemented strong information security measures, including an Information Security Officer and training programs

Climate Goals & Targets

Long-term Goals:
  • Achieve Net Zero GHG emissions
Medium-term Goals:
  • Increase the percentage of female employees in management positions to at least 15% by the end of 2025, with a view to achieving 20% by the end of 2030.

Environmental Challenges

  • Climate change impacts on water supplies
  • Growing limitations on natural resources
  • Potential conflicts of interest due to the scale of operations
  • Need to balance protecting biodiversity with real estate development
Mitigation Strategies
  • Introduced water-saving toilets and rainwater tanks
  • Promoted 3R (reduce, reuse, recycle) activities
  • Implemented policies and training to prevent conflicts of interest
  • Considered biodiversity in real estate projects, including greening initiatives

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Awards & Recognition

  • Yokohama Global Warming Prevention Award
  • GRESB Green Star (12 consecutive years)
  • GRESB 5 Stars (2 consecutive years)
  • GRESB A rating