Biodiversity

Policy

Tokyu Fudosan Holdings Group's business activities rely heavily on ecosystem services for land development and materials procurement. Given this, we are strongly aware that biodiversity conservation represents an important environmental issue.
The loss of biodiversity would make it difficult for us to reap the benefits of ecosystem services that until now have benefited our businesses in terms of land use and construction materials procurement, which carries with it the risk of much higher costs. Furthermore, the loss of biodiversity is an extremely critical issue that could threaten the very existence of society and human life.
The development and operation of housing, office buildings, commercial facilities and resorts that help to conserve biodiversity will create business opportunities and enhance the competitiveness of the Group. At Tokyo Port City Takeshiba, the largest office building in which Tokyu Land Corporation is involved, we are working on biodiversity conservation as Takeshiba Shinpachikei.

• https://tokyo-portcity-takeshiba.jp/skip-terrace/

commitment

Our group respects the international goal of becoming "nature positive'' as set out in the "Kunming Montreal Biodiversity Framework (GBF),'' and works with stakeholders such as business partners, customers, and local communities to improve biodiversity. We will promote initiatives to avoid and minimize negative impacts on diversity and expand positive impacts.

1. We aim to understand the dependence and impact on biodiversity in our group's business throughout the value chain, reduce and prevent negative impacts, and aim to have a positive impact on nature.
2. In the development, operation, and management of real estate, we understand the local ecosystem, avoid and minimize the loss of ecosystems due to business activities, and strive to create ecological networks in cities and conduct conservation initiatives tailored to local characteristics. We aim to use land in harmony with preserving and regenerating biodiversity and improving the comfort of visitors and facility users.
3. We will respect the GBF target of conserving 30% of land/sea areas and promote forest conservation.
4. We work with stakeholders to procure sustainable resources that are considerate of the environment and human rights, and strive to improve resource use efficiency based on the idea of a circular economy.
5. We will actively engage with diverse stakeholders regarding biodiversity, including business partners, local communities, governments, customers, and employees, and reflect this in our initiatives.
6. In order to integrate the perspective of biodiversity into business decision-making, we will strive to educate and enlighten our diverse stakeholders, including employees, to improve their literacy regarding biodiversity and ecosystem services.

Management Structure

The Group has established the Sustainability Committee headed by the President & Representative Director, and to address climate change issues, the Sustainability Council, established as a subcommittee, leads relevant management activities across the entire Group.

The Sustainability Council, comprised of environmental and sustainability managers from each group company, manages the results of group-wide efforts on biodiversity issues and shares information based on a shared policy. This ensures biodiversity conservation is addressed throughout all business activities.

Goals, Initiatives, and Achievements

Quantified time-specific targets to address biodiversity impact ~ KPI Targets for Fiscal 2030

Quantity targets in urban areas

We believe that urban greening is important for addressing biodiversity issues. Therefore, in the wide-area Shibuya area, which the Group has designated as a priority development area, we are actively greening our business bases in order to conserve the ecosystem. We are working to form an ecological network in the wide-area Shibuya area by connecting the surrounding greenery and acting as a relay base for the creatures that live there.

Green buildings(roofs,walls,etc)*   Fiscal 2023 Results 100% , Fiscal 2030 Targets 100%

• *Tokyu Land Corporation new large office buildings and commercial facilities.

Quantity targets in resort areas, etc.

Tokyu Land Holdings Group will conserve 40% of the land and sea area in its wellness business areas, including hotels and resorts and healthcare business, in order to achieve the goal of halting and restoring biodiversity loss by 2030 (Nature Positive), exceeding the 30by30 target of effectively conserving at least 30% of the land and sea as healthy ecosystems by 2030. The "conserved" area refers to (1) the area of land subject to OECM certification and other environmental certifications for biodiversity and green space conservation systems, (2) the area falling within the area of national parks, national parks, and natural parks, and (3) forests subject to the preparation of forest management plans under the Forest Law.

Creation of “Invasive Alien Species Response Manual”

According to the Invasive Alien Species Act (Ministry of the Environment), an invasive alien species is a species of fauna or flora that did not originally reside in Japan and was brought to Japan intentionally or unintentionally by human actions and that may cause damages to local ecosystems. The Group has created a manual that outlines ways to deal with an invasive alien species if it is found in order to protect the community's ecosystem.

(Non-native fauna)
Nettle caterpillar

(Non-native flora)
Annual fleabane

Biodiversity risk assessment(Disclosure of biodiversity habitat) ~ Conducting ecosystem studies and conserving biodiversity using greenery in the project

《New project》The Group is actively greening condominiums, office buildings, commercial facilities, and other buildings to connect the surrounding greenery and preserve local biodiversity by working to create an ecological network that takes biodiversity into consideration.

Obtained the highest rank (AAA) of "JHEP Certification

The FUTAKO TAMAGAWA Rise integrated commercial and residential complex that is a joint venture between Tokyu Land Corporation and Tokyu Corporation acquired the top rank (AAA) for JHEP Certification, which is Ecosystem Conservation Society - Japan's system for certification of biodiversity assessments. We developed the building's roof garden into an open space containing water and greenery as a large-scale roof garden with features such as a vegetable garden and a killifish pond in an aim to create a community that is in harmony with the abundant natural environment in the surroundings.

FUTAKO TAMAGAWA Rise

Killifish pond created
as part of the roof garden