The Tokyu Fudosan Holdings Group recognizes the importance of water conservation in its capacity as a fundamental component of social infrastructure.
Today, water shortages are growing more serious worldwide due to desertification and other factors. Although Japan, where the vast majority of the Group's business offices are located, has yet to experience chronic water shortages, in light of the water resources used to produce the materials we import, so-called “virtual water”, the issue of water shortages and water pollution around the world is not irrelevant to our business operations. The development and operation of homes, office buildings, commercial facilities and resorts that excel at water conservation through the use of water saving systems and features will create business opportunities and enhance the competitiveness of the Group.
It is based on above awareness that we will continue to work with design firms, construction companies, customers, local communities and other stakeholders to carry out responsible management and efficient use of local water resources for our business activities and at the office buildings, commercial facilities, and resorts we own.
The Group has established the Sustainability Committee headed by the President & CEO, and to address the issue of water resource conservation, 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 and shares information based on a common policy. This ensures we are able to understand water use volume for each group company, report proper information in accordance with relevant laws and regulations, and work to reduce water use throughout all business activities.
Tokyu Land Corporation handles all property development as follows.
We aim to reduce water use per floor area of all our business offices and real estate portfolio by fiscal 2030 compared to the previous fiscal year.
● We are implementing the following in new construction and existing facility renovation work.
● As part of our environmental activities related to our work, we engage in water conservation on a daily basis.
Tokyu Land Corporation has established process targets for the development projects it is involved in based on the format of these projects.
In 2022, we achieved a target of 1.4 (m³/m²) of water usage per floor area, and the actual result was 1.7 (m³/m²), making progress towards 1.9 (m³/m²) in 2019. The goal for fiscal 2023 is to be below 1.7 (m³/m²).
Tokyu Land Corporation formulates water management plans for all facilities it operates and manages. After assessing the results against the water supply plan for the previous fiscal year, which is the target, we are working to reduce water consumption by introducing water-saving equipment in toilets and showers and encouraging users to save water. We also recycle used tap water whenever possible. There are 24 facilities that use gray water, rainwater, etc. to reduce the amount of clean water used. (As of December 2023)
Tokyo Port City Takeshiba uses gray water for toilet flushing. The gray water is supplied from the facility's kitchen drainage, rainwater, and air conditioning drain water, and can be replenished from the heat storage tank in case of emergency. Kitchen wastewater is purified by a gray water desalination system (membrane treatment + bioreactor system) via a grease removal system installed in a restaurant in the building, while rainwater and air conditioning drain water are purified by a filtration system (pressure type rapid filtration system + activated carbon adsorption system) and used respectively.
Tokyu Harvest Club VIALA Hakone Hisui uses underground spring water
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.
At Tokyu Harvest Club Hotel Hakone Koshien and VIALA Hakone Hisui, we are also promoting the effective use of water by using well water on the premises.
The Tokyu Foundation (formerly known as The Tokyu Foundation for Better Environment) works to improve the environment of the Tama River area by conducting surveys of the Tama River and its basin, supporting environmental activities, and disseminating information.
Tokyu Land Corporation develops and operates hotels, golf courses, villas, etc., but in areas where water resources are scarce, we are discussing water use with local governments. Tokyu Resort Town Tateshina, which was developed in Nagano Prefecture, is engaged in a water supply business for 23.5 km² in consultation with Chino City since 1977. During the operation period, we have continuous discussions, engage in water supply population and water supply amount every 10 years and supply water based on the decided plan.
The Republic of Palau is chronically suffering from a shortage of water. At Palau Pacific Resort, we have our own water supply facilities from the time of opening, we operate the hotel with our own drinking water, and we strive to conserve water resources in the Republic of Palau by thorough water conservation.
For our group's operational sites, an annual assessment of global water stress is conducted using the "Overall Risk" and "Baseline Water Stress" indicators from WRI Aqueduct. If an area is classified as "High" or above in both "Overall Risk" and "Baseline Water Stress," we determine it to have high water stress As a result, as of March 2023, there are no regions classified as "high" or higher.
Regarding Palau, one of our operational sites, it is excluded from WRI Aqueduct's scope. Therefore, we evaluate global water stress using the World Wide Fund for Nature (WWF) Water Risk Filter.
Additionally, for Indonesia, another operational site, the company operates only in facilities leased as tenants and does not engage in direct water extraction.
Tokyu Fudosan Holdings is a regular member of the Real Estate Association, and in 2013 we formulated the "Real Estate Business Environment Implementation Plan" at the Environment Committee. Among them, as concrete actions to reduce the amount of water used, we aim to use water-saving appliances such as toilets and showers, automatic faucets, automatic cleaning devices, rainwater, etc. In addition, we are working to further raise environmental awareness by sharing information on excellent initiatives, and we are working to save water in collaboration with not only real estate companies but also construction companies and other industry companies as a whole.
At Tokyo Port City Takeshiba, we are collaborating with companies(tenants) to reuse wastewater. Kitchen wastewater, etc., from tenants in the facility is purified by a gray water generator via the grease removal equipment installed in the store, and reused for flushing toilets.
At Tokyu Plaza Totsuka, industrial water supplied by Yokohama City is used for cleaning toilets. This will prevent ground subsidence due to excessive pumping of groundwater, and will work in collaboration with local governments, such as energy reduction by subsidence treatment and use of raw water without performing chemical treatment or filtration treatment processes such as water supply. We are promoting industrial ecology.
The cost of water-related risks for TOKYU LAND CORPORATION in fiscal 2022 was 44 million yen.
The Tokyu Fudosan Holdings Group receives independent verification of its environmental data from a third-party in order to ensure the reliability of this information.
For fiscal 2022, the scope of this verification includes data for our water consumption(total water intake, water supply, well water and Grey water usage).
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