Environmental Initiatives
Environmental Targets and Performance
The Investment Corporation is striving to improve environmental performance by establishing environmental targets for the reduction of energy consumption, CO2 emissions, and water consumption across the entire portfolio and monitoring its performance with respect to achieving them.
Environmental Targets
Energy Consumption
Reduction of 5% in energy consumption across the entire portfolio on an intensity basis by FY2022 compared to the baseline year
CO2 Emissions
Reduction of 5% in CO2 emissions across the entire portfolio on an intensity basis by FY2022 compared to the baseline year
Water Consumption
Reduction of 1% in Water Consumption across the entire portfolio on an intensity basis by FY2022 compared to the baseline year
- ※The above reduction target is based on FY2017 and covers the 5 fiscal years until FY2022. Of the assets under management, "residence" is targeted.
Performance
In conjunction with the medium- to long-term targets formulated for its ESG initiatives, the Investment Corporation is working to keep track of energy consumption, CO2 emissions, water consumption.
The reduction targets and actual results of energy consumption, CO2 emission and water consumption for the residence (common area and part of the exclusive area) are as follows.
We are working to grasp the data and we have disclosed actual results of energy consumption, CO2 emission and water consumption for the healthcare facilities since FY2021, with the cooperation of the operators of each facility. The results are as follows.
Construction of Environmental Management System
In order to pursue energy-saving, CO2 emissions reduction, and efficient use of water resources, the Investment Corporation has established an environmental management system. Focusing on energy consumption, CO2 emissions, and water usage, it sets targets, tracks performance, manages budgets, and executes countermeasures (PDCA cycle), contributing to the realization of a sustainable society through the reduction of its environmental footprint.
Implementing Eco-Friendly Initiatives via Real Estate Investment
Efforts for environmental consideration
Introduction and renovation of LED lighting
For environmental conservation, the Investment Corporation has been switching to LED lights in the common areas of properties. This will help reduce power consumption and environmental impact.
（TK Flats Shibuya）
| Efforts | Sep 2021 | Mar 2022 |
| LED lighting | 693 units | 518 units |
Installation and renovation of environment-friendly equipment
For environmental conservation, the Investment Corporation has been installation and renovation of environment-friendly equipment in the exclusive areas of properties.
| Efforts | Sep 2021 | Mar 2022 |
| energy-saving air conditioners | 639 units | 579 units |
| water-saving showers | 157 units | 159 units |
| water-saving toilets | 22 units | 33 units |
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| （TK Flats Shibuya） | （Gala Place Shinjuku Gyoen） | （Joy Oyamadai） |
Posting a call for power saving / water saving
Posting digital signage to encourage tenants of rental housing residents to save electricity and water.
（Prospect Glarsa Hiroo）
Installation of solar panels
Some healthcare facilities owned by the Investment Corporation have solar panels installed on the roof. It covers a part of the electricity used in the facility.
（Mumin Omiya-kita）
Installation of Delivery Box
A delivery box is installed in the rental housing owned by the Investment Corporation.
Since this initiative will not only improve the convenience of tenants of rental housing, but will also lead to reduction of redelivery rate and CO2 reduction. the Investment Corporation promotes the installation of the delivery box.
（Gran Casa Omori-Kaigan）
The ratio of installation of delivery boc in rental housing (based on the number of buildings)
| Efforts | Sep 2021 | Mar 2022 |
| Installation of delivery box | 85.0% | 85.7% |
- ※14buildings such as a single-tenant property and compartmentalized ownership property are excluded.
Environmental Pollution Countermeasures
When acquiring new properties, the Investment Corporation strives to avoid risks by checking in advance for environmental and social risks to ensure there are no problems, including hazardous substances (PCB, asbestos, etc.) and soil contamination, in addition to conducting site inspections and surveys. If hazardous substances or the like are present at a property that it owns, it will implement appropriate countermeasures, management, and disposal in compliance with the laws and regulations.
Eco-Friendly Initiatives with Stakeholders
Supply Chain Management
In order to promote environmental and social initiatives in its supply chain, the Investment Corporation has established a Sustainable Procurement Policy. When selecting new property management companies, suppliers, etc. or evaluating existing counterparties, the status of their sustainability-related initiatives is included in the criteria, along with their facilities management services, lease operation and management services, leasing services, etc., and they are required to understand and cooperate with the Investment Corporation's environmental and social initiatives.