Policy

In the real estate business involving the Tokyu Fudosan Holdings Group, since development and operation of houses, office buildings, commercial facilities, resort facilities, etc. are going on for a long time and many stakeholders are involved, we recognize that we need to work on the entire supply chain in cooperation with stakeholders (design companies, construction companies, customers etc.).
Also, since we utilize large amounts of resources from the environment for our business activities, we will work on the entire supply chain for energy use, water resources conservation, biodiversity conservation, saving resources, reduction of pollutants and waste and appropriate treatment.

Supplier policy in the environmental supply chain

－Energy use－ We will promote the efficient use of energy and the use of renewable energy throughout the entire group and will endeavor to reduce the impact of CO₂ / GHG emissions from business activities on climate change.

－Water Resource－ In order to properly manage water resources according to region / time and efficiently use water resources , it is necessary to work in cooperation with stakeholders.
Also, Japan, where many of our business sites are concentrated, has yet to experience chronic water shortage, but in our business activities, we recognize that it is necessary to consider the water resources used for the production of imported materials (so-called “virtual water”).

－Biodiversity Conservation－ Land development and materials procurement in our business activities are highly dependent on ecosystem services. Because damaging the ecosystem makes it difficult to receive such service, the Group will conduct appropriate material procurement and ecosystem surveys in collaboration with our stakeholders and work on biodiversity conservation.

－Saving Resources－ The Group recognizes that the responsible use of resources is an important environmental issue because global environmental resources are finite. We also believe that it is important to endeavor to use resources more effectively based on an approach incorporating the 3Rs (reduce, reuse, recycle); instead of using vast amounts of resources for our businesses. The Group will work with stakeholders to use resources responsibly and more effectively.

－Reduction of Pollutants and Waste and Appropriate Treatment－ The Group recognizes that the reducing emissions of pollutants and waste in business activities is one of the corporate social responsibilities. The Group will work to reduce the impact for the environment in cooperation with design firms and construction companies to reduce pollutants and waste discharges, reduce materials causing the pollutants and waste, and apply appropriate treatment when discharging it we will work.

－Deforestation and Convershion-Free－ In accordance with the Tokyu Fudosan Holdings Group Human Rights Policy and the Tokyu Fudosan Holdings Group Sustainable Procurement Policy (hereinafter referred to as the “Procurement Policy”), the Group promotes sustainable business by respecting human rights and addressing environmental issues throughout its supply chain.
We have also established a biodiversity policy in order to achieve the international goal of nature positive as defined in the “Kunming-Montreal Global Biodiversity Framework(GBF)”.
Working together with suppliers, customers, local communities, and other stakeholders, we are working to avoid or minimize negative impacts on biodiversity and increase positive impacts.
We aim to eliminate deforestation and land conversion (DCF: Deforestation and Conversion-Free) and respect the human rights of relevant rights holders, covering all timber and timber products procured and used in our supply chain.
In order to achieve this throughout our supply chain, we will also establish implementation items in our procurement policy and apply them to our suppliers, including direct or indirect business partners, to promote the practice of sustainable procurement activities.

ーUsing Sustainably-sourced Wood for Concrete Formwork Plywoodー As a result of our assessment of human rights risks throughout the supply chain, we determined that human rights during building construction at construction companies, which are important suppliers, are of high importance.
As a result, we have determined that the human rights risks associated with building construction at our key supplier construction companies are of high importance.
In response, we have set and are promoting the goal of 100% use of certified or domestic timber for concrete formwork plywood by FY2030.

Sustainable Procurement Policy

• Sustainable Procurement Policy

Management Structure

The Group has established the Sustainability Committee headed by the President & CEO, and to address environmental issues within the supply chain, 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, sets group-wide fiscal year targets for water use issues, monitors results and shares information based on a shared policy. This ensures proper reporting under relevant laws and regulations and environmental impacts are reduced through business activities.

Goals, Initiatives, and Achievements

Results on goals of acquisition of environmental performance certification, including LEED and CASBEE

• ESG data : Environmental Property Certification

*LEED
A green building certification program administered by the U.S. Green Building Council.

Futako Tamagawa Rise

Tokyo Port City Takeshiba Office Tower

Environmental Certifications

• ESG data : Environmental Property Certification

Operating energy management systems together with tenants

Tokyu Land Corporation actively employs energy saving equipment and is constantly working to improve the management and operation of equipment that consume large amounts of energy, such as air conditioners.

At Abeno Q's Mall in the Abeno Ward of Osaka, Tokyu Land Corporation together with business owners and tenants jointly operates the Motto Save system with Osaka Gas Co., Ltd. that makes it possible to mitigate CO₂ emissions. This system aggregates energy usage data for the common space and private space of the mall on a cloud so that business owners and tenants can check, analyze and share findings about the energy usage data of each tenant.

We will continue to work on energy saving measures with the goal of realizing a low-carbon society in the future.

Measures to reduce energy and water consumption

Aggregate energy data at all facilities for efficient energy use

Tokyu Land Corporation has introduced energy data aggregation systems at some 200 office buildings, commercial facilities and resorts that it owns or uses in an effort to reduce CO₂ emissions. The visualization of energy usage enables tenants of office buildings and commercial facilities to check and analyze their energy usage to carry out activities that more efficiently help to reduce CO₂ emissions.

Smart meters used in underlying property portfolio in all properties

To promote efficient energy use, smart meters are installed at all facilities operated and managed by TOKYU LAND CORPORATION.

Smart meter (sample image)

Tokyu Community Corporation has been selected to be an MEMS aggregator as an energy management service provider

Managing energy usage of condominiums

Tokyu Community Corporation has been selected to be an MEMS aggregator as an energy management service provider by the Ministry of Economy, Trade and Industry. It is adopting MEMS (condominium energy management systems) and bulk high-voltage electricity receiving services (a type of energy-saving system) in the condominiums that it manages.

These systems were introduced for approximately 786 housing units during FY2014 as part of efforts to reduce energy use at existing condominiums.

Conceptual diagram of bulk electricity purchases and MEMS

Reducing water use with water saving systems and features

The Tokyu Harvest Club Atami Izusan & VIALA was opened as a resort hotel in harmony with nature in 2013. The resort hotel has been making efforts to conserve water resources through the use of water-saving toilets and reducing the use of tap water by actively using mountain groundwater.

At Tokyu Harvest Club Hotel Hakone Koshien and VIALA Hakone Hisui, efforts are also being made to use water effectively through the reuse of underground spring water from the premises.

Tokyu Harvest Club VIALA Hakone Hisui uses underground spring water

Reduction of water usage by using rainwater

The office building "Kasumigaseki Tokyu Building" developed by Tokyu Land Corporation has introduced facilities to utilize rainwater falling on the roof.
The collected rainwater is used for miscellaneous water such as toilet wash water to save water usage. Water retention pavement for suppressing the rise in road surface temperature is laid on a part of the outer structure by thermal evaporation of water vapor, and it is expected that the heat island phenomenon will be mitigated.

As a member of the Keidanren Nature Conservation Council,

Initiatives for biodiversity

Dialogue /engagement to mitigate biodiversity loss

As a member of the Keidanren Nature Conservation Council, we engage in dialogue /engagement with related organizations and NGOs.