LaSalle LOGIPORT REIT
Climate Impact & Sustainability Data (2020, 2021)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Green Buildings
- Energy Efficiency
Environmental Achievements
- Obtained 19 third-party green building certifications for 14 owned properties by 2020.
- Set a goal of reducing energy usage intensity of owned properties by 5% over a five-year period (by 2021).
Social Achievements
- Not disclosed
Governance Achievements
- Established a risk management system to identify and manage environmental and social risks.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Potential for unintentional negative environmental and social outcomes (workers' health and safety, environmental impacts related to construction, biodiversity loss, land use change).
Mitigation Strategies
- Established a risk management system; conducts sustainability risk review prior to property acquisitions; monitors progress of sustainability measures and related data on properties.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Green Bond Principles 2018 (GBP), Japan’s Green Bond Guidelines 2017
Certifications: CASBEE for Real Estate, DBJ Green Building Certification Program, BELS
Third-party Assurance: Sustainalytics
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 9 (Industry, Innovation and Infrastructure)
Green buildings and energy efficiency contribute to these goals.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:27,465 t-CO2
Scope 1 Emissions:152 t-CO2
Scope 2 Emissions:5,234 t-CO2
Scope 3 Emissions:22,078 t-CO2
Total Energy Consumption:63,003,785 kWh
Water Consumption:114,548,000 L
Waste Generated:8,073,910 kg
Carbon Intensity:0.014 t-CO2/㎡ in 2021
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced portfolio CO2 emissions by 30% from 2017 levels (per unit basis) by 2021.
- Achieved 100% acquisition rate of environmental certifications (CASBEE and BELS) for owned properties by August 31, 2022 (excluding land with leasehold interest).
Governance Achievements
- Established a Sustainability Promotion Committee chaired by the President and Representative Director.
- Integrates ESG targets into the annual goals of the personnel performance management system, impacting bonus assessments.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050 (group-wide target).
Medium-term Goals:
- Reduce CO2 emissions by 30% by 2030 (compared to 2017 levels).
Short-term Goals:
- Achieve 100% acquisition rate of environmental certifications by 2025.
Environmental Challenges
- Transition risks (new regulations, taxation, technologies for decarbonization)
- Physical risks (climate change impacts like flooding, extreme temperatures)
- Potential loss of reputation and competitiveness if failing to adapt to tenant needs and investor expectations.
Mitigation Strategies
- Achieving/revising CO2 emission reduction targets
- Conducting environmental assessments when acquiring new properties
- Reducing CO2 emissions and raising awareness of energy conservation by collaborating with tenants
- Implementing capital investments (e.g., LED lighting, solar panels)
- Utilizing renewable energy
- Maintaining high ranking of environmental certifications
- Improving ESG evaluation and promoting communication with investors and lenders
- Using green financing and sustainability-linked financing
- Conducting flooding risk assessments
- Implementing disaster countermeasures
- Formulating and periodically reviewing BCP measures through collaboration with tenants
- Introducing/promoting high-efficiency air conditioning equipment
- Implementing measures for appropriate temperature control through collaboration with tenants
Supply Chain Management
Responsible Procurement
- Evaluation of sustainability risks (soil contamination, flooding risk, energy efficiency, environmental certifications, water efficiency, waste management, safety of building materials) during due diligence for new asset acquisitions.
Climate-Related Risks & Opportunities
Physical Risks
- Severe flooding
- Increased average temperatures
Transition Risks
- Regulatory pressure (carbon tax, emission control measures)
- Technological changes (new equipment, renewable energy transition)
Opportunities
- Increased demand for environmentally certified/low-carbon properties
- Cost reductions through operation of facilities with high environmental performance and use of low-carbon energy
- Increased demand for disaster-resistant properties
Reporting Standards
Frameworks Used: TCFD
Third-party Assurance: Ernst & Young ShinNihon LLC (for 2020 and 2021 data, excluding waste in 2020)