United Nations Global Compact

Tokyu Fudosan Holdings Group supports and respects the UN Global Compact. In accordance with the 10 principles of the UN Global Compact broken down by the subjects of human rights, labor, environment, and anti-corruption, we are promoting responsible management aimed at contributing to the realization of a sustainable society.
Among them, the ESG subcommittee holds study sessions, etc. for more than 200 participating companies as a joint secretary company.

TCFD

Tokyu Fudosan Holdings Corporation has agreed to the recommendations of “Task Force on Climate-related Financial Disclosures(TCFD)” established by the Financial Stability Board (FSB). We are a member of the TFCD Consortium.

Japan Climate Initiative

Tokyu Fudosan Holdings Corporation participates in JCI in support of JCI's declaration, "Joining the front line of global trend for decarbonization from Japan."

SBT initiative・Business Ambition for 1.5°C・Race to Zero

Tokyu Fudosan Holdings Corporation has declared to SBT initiative that it will work to set a Science Based Target for GHG reduction by 2030 and has been approved by SBT initiative as "Science-based target" in line with a 1.5°C trajectory.
Additionally, we have joined Business Ambition for 1.5°C and Race to Zero, global campaigns aiming to achieve net-zero emissions (of greenhouse gas) before 2050.

RE100

Tokyu Land Corporation has joined the international initiative "RE100," with the goal of sourcing 100% of the electricity consumed in its business activities from renewable energy by the year 2050.

The renewable energy business, entered in 2014, has achieved top-class results domestically. In December 2022, Tokyu Land Corporation became the first business company in Japan to complete the transition to 100% renewable energy for the electricity used in its own offices and owned facilities, meeting the requirements for RE100 achievement.

TNFD

Tokyu Fudosan Holdings endorses the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) and is actively participating as a member of the TNFD Forum and have also registered as TNFD Adopters.

The environmental committee of The Real Estate Companies Association of Japan

Tokyu Fudosan Holdings has the President & CEO of the Company participating as a vice chairman of the Environmental Committee of the “The Real Estate Companies Association of Japan” and dispatched one employee of the Company to the association to deal with climate change and is actively working to consider and formulate policies. In addition, department heads and managers of related departments participate in the Environmental Committee and the two lower working groups (office buildings and housing) and we are working on promoting environmental action in the real estate industry. The committee periodically collects excellent efforts by member companies that lead to reduction of environmental burden and sustainable society building. They are used to share information among member companies and to further improve environmental awareness. Furthermore, we actively make proposals to public policies and regulations through “Low Carbon Town Planning Action Plan”or ” Environmental Voluntary Action Plan”.
In this way, we participate in the formulation of climate change strategies as an industry group that reflects national policies and make policy requests directly to the country or through Keidanren, an upper organization, in an effort to realize them.

Green Building Memberships

A member of our department represents our company in Green Building Japan, which was established to promote sustainable building and community environments in Japan.

Signatory to Initiatives

Tokyu Land Capital Management Inc. became a signatory of the Principles for Responsible Investment (PRI) as of June 2019, in agreement with the underlying concept.

The PRI is a set of investment principles established for the financial industry in 2006 under the leadership of the then United Nations Secretary-General Kofi Annan. The aim is for companies to include ESG factors in their decision-making processes on investment and enhance the long-term investment performance of their beneficiaries.

GX League

Tokyu Fudosan Holdings participates in the GX League, which was established by the Ministry of Economy, Trade and Industry. The GX League is a forum for companies that are taking on the challenge of GX (Green Transformation) and aiming to achieve sustainable growth in the present and future society, in order to achieve carbon neutrality and social change by 2050, to collaborate with other companies that are making similar efforts, together with government and academia. Since the direction of our group toward decarbonization and the efforts of the "GX League" match, our group will participate in the GX League and work together with other companies and players to take on the challenge of decarbonization and create value through our business.

30by30

"30by30" is the goal of effectively conserving at least 30% of the land and sea as healthy ecosystems by 2030, with the aim of halting biodiversity loss and restoring biodiversity by 2030 (Nature Positive). The G7 2030 Nature Compact, agreed at the G7 Summit held in the U.K. in June 2021, commits each G7 country to conserve and protect at least the same percentage of its own land and oceans. Tokyu Fudosan Holdings Corporation, TOKYU LAND CORPORATION and Tokyu Resorts & Stays Co., Ltd. have been members of the Ministry of the Environment's "30 by 30 Alliance for Biodiversity".
In February 2024, Tokyu Resort Town Tateshina (Chino City, Nagano Prefecture), which is operated and managed by the Group, was certified as a "Nature Coexistence Site". The Ministry of the Environment has been certifying "Nature Coexistence Site", which are areas where biodiversity is being preserved through private initiatives, such as corporate forests, Satoyama, and urban green areas, as part of its efforts to realize nature positivity, since fiscal 2023. We will accelerate our efforts to contribute to the "environment" just by staying at these resort facilities, clarify the values we offer as "experiential sustainable resorts" that co-create with local communities and nature, and provide sustainable experiences to guests visiting our facilities.

Keidanren Council for Nature Conservation

Tokyu Fudosan Holdings is a member of the Keidanren Council for Nature Conservation. The Keidanren Council for Nature Conservation was established by Keidanren in 1992, the year of the Rio Earth Summit (United Nations Conference on Environment and Development), as an organization to implement the ideas of the Keidanren Charter on the Global Environment in the field of nature conservation. Through exchanges with local companies and NPOs, the organization aims to realize a sustainable society through the creation of a society in harmony with nature.

Involvement in organisations dedicated specifically to climate-related issues

Tokyu Fudosan Holdings Group is actively involved in organizations working on climate-related issues.
For example, companies and local governments that support the purpose of "participating in the front line of the world aiming for decarbonization from Japan" and participate in the "Japan Climate Initiative" to actively work on climate change countermeasures. , NGOs, etc., and are strengthening information dissemination.In September 2022, our employees took the stage at the "JCI Member Exchange Workshop" and gave a presentation on the theme of "CO₂ reduction measures at Tokyu Fudosan Holdings." In addition to explaining our company's goals and initiatives for decarbonization, we introduce energy-saving measures based on building performance and examples of initiatives in the renewable energy business.
In addition, at Tokyu Land Corporation, we serve as the representative director of the ’Renewable Energy Association for Sustainable Power supply (REASP)’, a general incorporated association, aiming to reduce greenhouse gas emissions by expanding the introduction of renewable energy and realizing long-term stable supply. We are actively engaged in making suggestions and proposals for identifying issues and solutions.

For responding appropriately in those instances where the trade association position is significantly weaker than or contradicts that of the company

The Group supports and is actively involved in the activities of organizations working to avoid climate change. In the unlikely event that the policies of those organizations are significantly weaker or inconsistent than the policies of us, We will encourage the organizations to maintain consistency, and at the same time, if there is a large divergence and it is difficult to maintain consistency, we will take appropriate measures such as withdrawing from the group.