Policy

The Tokyu Fudosan Holdings Group recognizes that respecting the human rights of employees and all stakeholders involved in its businesses is an essential requirement of a company

Policy

The Tokyu Fudosan Holdings Group recognizes that respecting the human rights of employees and all stakeholders involved in its businesses is an essential requirement of a company with global operations and an expectation placed in all companies. Then, in December 2019, we formulated the Tokyu Fudosan Holdings Group Human Rights Policy. It is based on this belief that we support the Universal Declaration of Human Rights and other international human rights doctrines and conduct with our suppliers to carry out business activities that fully respect human rights.

We take action both inside and outside of Japan to ensure that we do not violate the human rights of local residents due to economic disparities. We also support UNICEF’s Children’s Rights and Business Principles in an effort to effectively eliminate child labor and respect human rights.
We also expect all stakeholders, including business partners, to respect human rights.

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Tokyu Fudosan Holdings

Human Rights Policy

Human Rights Policy

Tokyu Fudosan Holdings Group (hereinafter, "the Group") solves social issues through our business activities and works with stakeholders to realize a sustainable society and growth. The Group recognizes that respecting the human rights of employees and all stakeholders involved in its businesses is an essential requirement of a company with global operations.

  1. 1. Adherence to International Human Rights Standards

    The Group upholds and respects human rights as outlined in the International Bill of Human Rights (Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights, and the International Covenant on Economic, Social and Cultural Rights) and the ILO Declaration on Fundamental Principles and Rights at Work. It promotes responsible management according to the UN Guiding Principles on Business and Human Rights, as well as the principles of the UN Global Compact. Whenever there is a conflict between internationally recognized human rights standards and the laws of a country in which it operates, the Group seeks ways to uphold global human rights principles.

  2. 2. Importance of this Policy

    The Group states “Respect human rights” in its Code of Conduct and encourages individual employees to give due consideration to human rights in their activities. In addition to respecting basic human rights in compliance with the local laws and regulations implemented in the regions where it has bases, it takes steps to prevent discriminatory behavior and speech, sexual harassment and power abuse while making efforts to respect the diverse values, individuality, and privacy of individuals. The Tokyu Fudosan Holdings Group Human Rights Policy (hereinafter, "this Policy") serves as a detailed explanation concerning the requirement to respect human rights in the Group Code of Conduct.

  3. 3. Scope

    This Policy applies to all Group officers and employees, and the necessary education and training is provided. The operating officer in charge of human resources is responsible for the application of this Policy. Business partners of the Group are expected to support this Policy and to work with the Group to protect human rights.

  4. 4. Human Rights Due Diligence and Remedies

    The Group carries out human rights due diligence to identify any actual or potential impacts that business activities may have on human rights, and the Group then prevents or mitigates them. Whenever it is discovered that the Group's activities have caused or contributed to adverse impacts on human rights, the Group will work to remedy the situation. The Group will make efforts to rectify any business or service that may be linked to adverse impacts on human rights through the actions of business partners or other relevant parties. A mechanism will also be established that allows internal and external stakeholders to report and consult on Group activities that may affect human rights.

  5. 5. Stakeholder Dialogue

    As the Group's wide-ranging business areas, including real estate, largely affect communities and society, it is essential to work closely with a variety of stakeholders. With this in mind, the Group engages in dialogue with its stakeholders, including employees, local communities, business partners, and customers. It also shares the progress of its efforts on its website and in its integrated reports.

  6. 6. Priority Human Rights Issues

    In order to avoid any infringement of human rights as a result of business activities, the Group will maintain a close dialogue with stakeholders and external experts concerning social and environmental changes and its business direction, and it will identify priority human rights issues as they arise.

December 25, 2019

Yuji Okuma

President & Chief Executive Officer (CEO)

Tokyu Fudosan Holdings

Management Structure

Management Structure

The Group has established the Sustainability Committee headed by the President & CEO, that report to the Board of Directors, and to respect the human rights of the stakeholders involved in the business of the Group. The Diversity Council to Human Resources Department, established as a subcommittee, leads relevant management activities across the entire Group. Day-to-day responsibilities and resources for relevant functions have been allocated to Human Resources Department.

Implementation structure and mechanism
Tokyu Fudosan Holdings

Identification of salient human rights issues specific to the business

Goals, Initiatives, and Achievements

In FY 2019, the Group conducted a human rights risk assessment of its own businesses, value chains, etc., to analyze human rights issues in its domestic and international real estate-related businesses and domestic wellness businesses, and domestic wellness businesses, we analyzed human rights issues using the likelihood of occurrence and potential impact severity of human rights issues as indicators.

Identification of salient human rights issues specific to the business

In FY 2019, the Group conducted a human rights risk assessment of its own businesses, value chains, etc., to analyze human rights issues in its domestic and international real estate-related businesses (urban, residential, management, brokerage, etc.) and domestic wellness businesses (resort hotels, urban hotels, senior housing, healthcare, golf courses, golf courses, and ), and domestic wellness businesses (resort hotels, urban hotels, senior housing, healthcare, golf courses, ski resorts, fitness clubs, etc.), we analyzed human rights issues using the likelihood of occurrence and potential impact severity of human rights issues as indicators. As a result, the following important human rights issues were identified

  1. Forced labor / child labor
  2. Work conditions and work environment of employees and suppliers (including migrant workers)
  3. Participation in infringement of employees' privacy and personal information protection rights
  4. Impact on Local communities while land development (including Indigenous people and migrant workers)
  5. Employees and suppliers' safety in development
  6. Infringement of rights to access remedy

In FY2022, we have reviewed the risks in line with changes in the Group's business and the materiality risks in our long-term vision, and have organized them into the following risk map.

人Human Rights Risk Map

* Some issues salient to Group (February 2023)
Human Rights Risk Map

As a result of reviewing the impact on human rights caused by our business activities among material human rights issues, we set "sustainable procurement (concrete formwork lumber)" and "consideration of human rights in the supply chain (implementation of due diligence on forced labor and child labor)" as KPIs for the fiscal 2030 target in our long-term vision. We are promoting human rights due diligence in our supply chain. As for suppliers, we are prioritizing "consideration of human rights for foreign technical intern trainees (workers).

As a specific initiative in human rights due diligence, we conduct human rights questionnaires, evaluations, and dialogues with suppliers to construction companies that are important to us as stakeholders. We will continue to engage with stakeholders to identify outstanding human rights issues and prevent and mitigate human rights risks.

Tokyu Fudosan Holdings, TOKYU LAND CORPORATION

Target for 2030 – 100% Sustainable Wood for Concrete Formworks

Target for 2030 – 100% Sustainable Wood for Concrete Formworks

Much of plywood used for concrete formwork in Japan is made of south-sea timber logged in Malaysia, Indonesia and other nations, where some NGOs have pointed out that land grabbing in indigenous peoples' territories and environmental destruction have become problems.

In view of this situation, the Tokyu Fudosan Holdings Group takes human rights issues and environment protection seriously and pledge to obtain 100% of our plywood for our constructions’ concrete formworks to from sustainable sources including FSC or PEFC certified or domestically sourced by year 2030.

Tokyu Fudosan Holdings

Human rights impact or risk assessments

Human rights impact or risk assessments

Regarding the potential new projects and the existing projects, Tokyu Land Corporation respects the human rights of stakeholders regarding the project itself and business activities in the local community by continuously evaluating risks related to respect for human rights in accordance with our risk management process.

TOKYU LAND CORPORATION

Continued positive assessment of negative impacts on human rights

Continued positive assessment of negative impacts on human rights

The Group has built a framework for human rights due diligence and have been continually assessing human rights as a business risk. And in order to increase the effect, if a problem is discovered, we will continue to improve it. If it is determined that our business activities have caused a negative impact on human rights or have been involved, we will provide remedies to the affected parties.

  • Tokyu Fudosan Holdings Co., Ltd. confirmed the acceptance status of foreign technical intern trainees at each group company, and conducted a questionnaire to see if each company was responding in accordance with the guidelines. is continuously evaluated.
  • Tokyu Land Corporation conducts human rights due diligence on construction companies, which are major suppliers, in order to minimize the negative impact on human rights.
Tokyu Fudosan Holdings, TOKYU LAND CORPORATION

Actions implemented for avoidance, prevention and mitigation of human rights issues

Actions implemented for avoidance, prevention and mitigation of human rights issues

In our group, in response to the human rights issues related to foreign technical intern trainees in Japan, respecting the human rights of foreign technical intern trainees is a priority issue for human rights risks. Tokyu Fudosan Holdings investigated the status of acceptance of foreign technical intern trainees at group companies and identified issues related to foreign technical intern trainees. We will organize matters that may cause problems in the activities of foreign technical intern trainees, such as remuneration, accommodation facilities, and living, and create requests (guidelines) regarding the treatment of foreign technical intern trainees at construction sites. bottom. Each group company communicates these guidelines to business partners when requesting quotations or conducting questionnaire surveys of suppliers, in an effort to avoid, prevent, and mitigate human rights violations.

Tokyu Fudosan Holdings

Clear communication of human rights expectations to stakeholders

Clear communication of human rights expectations to stakeholders

The Group requests all stakeholders to respect human rights through our sustainable procurement policy. For example, Tokyu Land Corporation clearly communicates its expectations regarding human rights by communicating its human rights policy and sustainable procurement policy when conducting regular questionnaire surveys and requesting estimates for construction costs to construction companies that are business partners. In particular, regarding foreign technical interns, which has become a problem in recent years, we decide on suppliers after evaluating the interns' stance on human rights.

Tokyu Fudosan Holdings, TOKYU LAND CORPORATION

Efforts to respect human rights of suppliers and ensure sustainable procurement

Efforts to respect human rights of suppliers and ensure sustainable procurement

At the 2021 Supplier Safety Convention, Tokyu Re・design Corporation gave a notice and explained from the president about the human rights consideration and timber procurement of foreign technical intern trainees for sustainable procurement.

Tokyu Re・design Corporation
Society
Supply Chain (Society)

Policy

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Society
Supply Chain (Society)

Sustainable Procurement Policy

This card shows Tokyu Fudosan Holdings Group Sustainable Procurement Policy...

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Supply Chain (Society)

Management Structure

In our group, to address challenges in the supply chain, we have establishe...

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Supply Chain (Society)

Property portfolio management policy

Goals, Initiatives, and Achievements Management policy Property portfol...

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Supply Chain (Society)

Supply Chain Management

Supply Chain Management Critical Suppliers The buildings developed by o...

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Supply Chain (Society)

Redevelopment project in Shibuya

Creating a Safe and Secure Community Redevelopment project in Shibuya ...

Society
Supply Chain (Society)

Real estate development with excellent access to transit

Tokyu Land Corporation is developing a number of office building properties...

Society
Supply Chain (Society)

Disabled persons access is assessed for all buildings

Tokyu Land Corporation is taking measures such as stipulating design standa...

Society
Supply Chain (Society)

Arrangement of Real Estate business value chain

Arrangement of Real Estate business value chain We disclose the arrangem...

Society
Supply Chain (Society)

Stakeholder Engagement on Human Rights, etc. - Due Diligence on Suppliers

Due diligence and engagement with suppliers regarding environmental and soc...

Society
Supply Chain (Society)

Capacity building for suppliers 

Tokyu Re・design Corporation conducts training such as safety competitions f...

Society
Supply Chain (Society)

Integrated Social Supply Chain policy

Integrated Social Supply Chain policy In our group, individual proje...

Society
Supply Chain (Society)

Monitoring of suppliers for social issues 

Tokyu Land Corporation conducts on-site audits of suppliers regarding safet...

Society
Supply Chain (Society)

Addressing Social Issues through Dialogue with the Local Community and Tenants.

Stakeholder Engagement Resolving Social Issues through dialogue with loc...

Society
Supply Chain (Society)

Engage with Local communities on social issues

Tokyu Land Corporation aims to solve social issues through business activit...

Society
Supply Chain (Society)

Building homes that take customers views into account

Improvement of Services and Quality Building homes that take customers v...

Society
Supply Chain (Society)

Service-way Forum

Service Way Forum aiming for improved customer service. In 2009, the Tok...

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Supply Chain (Society)

Tenant satisfaction survey

Tenant satisfaction survey Tokyu Land SC Management Co., Ltd. invest...

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Supply Chain (Society)

Communication with customers

Facilitating Communication Communication with customers Ref...

Society
Supply Chain (Society)

Communication with tenants

Communication with tenants With the aim of helping the office workers ...

Society
Supply Chain (Society)

Strengthening disaster preparedness measures

Pursuit of Safety and Security in Buildings Strengthening disaster prepa...

Society
Supply Chain (Society)

Clear evacuation plans and Regular evacuation training for tenants

The Group prepares a clear evacuation plans in accordance with the Fire Ser...

Society
Supply Chain (Society)

Condominium design that emphasizes safety and peace of mind

Condominium design that emphasizes safety and peace of mind Tokyu La...

Society
Supply Chain (Society)

Strengthening seismic resistance through home renovation

Strengthening seismic resistance through home renovation Tokyu Re・de...

Society
Human Rights and Community

Policy

The Tokyu Fudosan Holdings Group recognizes that respecting the human right...

Society
Human Rights and Community

Human Rights Policy

Human Rights Policy Tokyu Fudosan Holdings Group Human Rights Po...

Society
Human Rights and Community

Management Structure

Management Structure The Group has established the Sustainability Commit...

Society
Human Rights and Community

Identification of salient human rights issues specific to the business

Goals, Initiatives, and Achievements In FY 2019, the Group conducted a hum...

Society
Human Rights and Community

Target for 2030 – 100% Sustainable Wood for Concrete Formworks

Target for 2030 – 100% Sustainable Wood for Concrete Formworks Much of p...

Society
Human Rights and Community

Human rights impact or risk assessments

Human rights impact or risk assessments Regarding the potential new proj...

Society
Human Rights and Community

Continued positive assessment of negative impacts on human rights

Continued positive assessment of negative impacts on human rights The Gr...

Society
Human Rights and Community

Actions implemented for avoidance, prevention and mitigation of human rights issues

Actions implemented for avoidance, prevention and mitigation of human right...

Society
Human Rights and Community

Clear communication of human rights expectations to stakeholders

Clear communication of human rights expectations to stakeholders The Gro...

Society
Human Rights and Community

Efforts to respect human rights of suppliers and ensure sustainable procurement

Efforts to respect human rights of suppliers and ensure sustainable procure...

Society
Contribution to Local Communities and Society

Policy

The Tokyu Fudosan Holdings Group recognizes the sustainability of communiti...

Society
Contribution to Local Communities and Society

Commitments

Commitments We are committed to take the Group’s business and advance it t...

Society
Contribution to Local Communities and Society

Community investments​

Tokyu Land Corporation has set the priority strategy of producing attractiv...

Society
Contribution to Local Communities and Society

Creation of local employment opportunities

Community Contribution Activities Creation of local employment opportuni...

Society
Contribution to Local Communities and Society

Contributing to communities in the tourist haven of Palau

Contributing to communities in the tourist haven of Palau For ...

Society
Contribution to Local Communities and Society

Continuing to support disaster-stricken areas in the recovery effort

Continuing to support disaster-stricken areas in the recovery effort ...

Society
Contribution to Local Communities and Society

Contribution to the community through partnerships with NPOs

Promoting Local Community Revitalization Programs Tokyu Land C...

Society
Contribution to Local Communities and Society

Supporting local activities

Supporting local activities Tokyu Land Corporation is involved with the ...

Society
Contribution to Local Communities and Society

Senior life business

Initiatives Through Customer Engagement Initiatives to Address Social Is...

Society
Contribution to Local Communities and Society

Junior golf lessons

Tokyu Land Corporation and Tokyu Resort Service Co., Ltd. have been arrangi...

Society
Contribution to Local Communities and Society

Supporting child raising through condominiums

Supporting child raising through condominiums In September 201...

Society
Health and Safety

Policy

The Tokyu Fudosan Holdings Group recognizes that ensuring the health and sa...

Society
Health and Safety

Board of Directors to Oversee Health and Safety Issues

Tokyu Land Holdings conducts monthly labor management surveys at each Group...

Society
Health and Safety

Named position responsible at Board level to Oversee Health and Safety Issues

The director responsible for promoting occupational safety management is th...

Society
Health and Safety

Health management

Goals, Initiatives, and Achievements Health management Tokyu Land Hol...

Society
Health and Safety

Health committees , Labor liaison meetings

Health committees , Labor liaison meetings The Group has established Hea...

Society
Health and Safety

​​Risk Assessment carried out regarding health and safety ​

In all development projects in which Tokyu Land Corporation is a principal ...

Society
Health and Safety

Employees’ physical health and mental health

The Group endeavors to offer sound workplaces that are dynamic so that each...

Society
Health and Safety

Number of staff trained on health and safety standards

Number of staff trained on health and safety standards Tokyu Fudosan Hol...

Society
Health and Safety

Addressing Global Health Issues

Addressing Global Health Issues Currently, HIV (AIDS), tuberculosis, and...

Society
Health and Safety

Application to Stakeholders

Application to stakeholders We have concluded a construction contract wi...

Society
Health and Safety

Percentage of Facilities Certified with OHSAS 18001

The ratio of workplaces certified with OHSAS 18001: Currently, there are...

Society
Health and Safety

Monitoring and managing health and safety performance

Monitoring and managing health and safety performance In order to ensure...

Society
Health and Safety

Number of fatal occupational accidents, Injury and morbidity rate with leave (LTIFR), Absentee Rate

Status of Workplace Accidents Since FY2017, we have had no workplace acc...

Society
Health and Safety

Seven Companies Certified as Outstanding Health and Productivity Management Companies in 2023

Various Awards History Seven Companies Certified as Outstanding Health a...

Society
Health and Safety

Independent Third-Party Verification

Third-party Independent Verification The Tokyu Fudosan Holdings Group re...

Society
Labor Standards

Policy

Policy The Tokyu Fudosan Holdings Group will respect the following matte...

Society
Labor Standards

Management Structure

Management Structure In our group, to align human resources strategy, in...

Society
Labor Standards

Launched and Participated in Builders and Realtors Human Rights Due Diligence Workshop

Goals, Initiatives, and Achievements Launched and Participated in Builde...

Society
Labor Standards

Participate in industry collaboration in labor standards

External response to labor issues Participate in industry collaboration ...

Society
Labor Standards

Risk Assessment regarding labour issues carried out for Potential new operations or projects

When Tokyu Fudosan Holdings invests in a new project such as an M&A, it...

Society
Labor Standards

Whistleblower System

Whistleblower System Whistleblower System of the TFHD Group assumes it s...

Society
Labor Standards

Corrective and remedial initiatives

Corrective and remedial initiatives Respect for human rights and mechani...

Society
Labor Standards

The specific action was taken regarding labor standards non-compliance

Response to Compliance Violations At Tokyu Land Corporation, In the even...

Society
Labor Standards

Initiatives to create an employee-friendly work culture

Initiatives for respecting human rights With the exception of a few comp...

Society
Labor Standards
Society
Labor Standards

Acceptance of foreign technical intern trainees and effots to respect their human rights

The Group responds to the fact that forced labors related to the foreign te...

Society
Labor Standards

The Employment of under-privileged groups and Internship Programs for Youth unemployment initiatives

Tokyu Land Corporation and TOKYU LIVABLE, INC. provide an environment where...

Society
Labor Standards

Information Provision to Employees

Information Provision to Employees The 'Guidebook for Preventing Sex...

Society
Labor Standards

Dialogue between labor and management

Communication with employees Tokyu Land Corporation has instituted a lab...

Society
Labor Standards

Communicate labor standards globally to employees

Tokyu Land Corporation explains labor laws, employment regulations, labor c...

Society
Labor Standards

Preventing child labor or forced labor

Improvement of working conditions. The Group is committed to preventing ch...

Society
Labor Standards

Management of work hours

Each subsidiary of the Group monitors employees for chronic and constant pr...

Society
Labor Standards

Equal Pay for Equal Work Policy

In accordance with the provisions of the Part-Time and Fixed-Term Worker La...

Society
Labor Standards

Employee training dedicated to skills development

Various training programs. The training that Tokyu Land Corporation conduc...

Society
Labor Standards

Skill Development Programs for Employees

In order to foster innovation within the Group required to create values fo...

Society
Labor Standards

Training on human rights policy

The Group conducts human rights policy training in e-learning for all emplo...

Society
Labor Standards

Harassment training for all employees and managers

The Group regularly holds e-learning and training by inviting external lect...

Society
Labor Standards

Freedom of Association

Various data Freedom of Association ESG Data : Labor Union-Related

Society
Labor Standards

Turnover rate

Turnover rate ESG Data : Turnover rate Ratio of non-regular employe...

Society
Diversity Promotion

Policy

Policy DE&I vision Diversity of human resources is essential to rea...

Society
Diversity Promotion

Management Structure

In our group, to align human resources strategy, including health and safet...

Society
Diversity Promotion

Objectives and Initiatives/Performance

Goals, Initiatives, and Achievements Promotion of Women's Participation an...

Society
Diversity Promotion

Promoting diversity and creating dynamic workplaces

In April 2013, TOKYU LIVABLE, INC. became the first major real estate distr...

Society
Diversity Promotion

Diversity promotion and enhancement

Tokyu Fudosan Holdings Group organizes Diversity Conference where represent...

Society
Diversity Promotion

Employee satisfaction survey

Work style reform Employee satisfaction survey Tokyu Land Corporation con...

Society
Diversity Promotion

Achieving Work-life balance

Our group offer diverse working arrangements to achieve better efficiency a...

Society
Diversity Promotion

Support for childcare and eldercare

Each company in Tokyu Fudosan Holdings Group has been taking measures suita...

Society
Diversity Promotion

Employment for people with disabilities

Role of elderly and workers with disabilities Employment for people with...

Society
Diversity Promotion

Employment for older workers

Employment for older workers Tokyu Livable’s “Career expert re-employmen...

Society
Diversity Promotion

Correspondence to Muslims

Tokyu Land Corporation has set up a prayer room for Muslims in Shibuya SOLA...

Society
Diversity Promotion

Education on Diversity and Inclusion

Various training programs Education on Diversity, Equity and Inclusion ...

Society
Diversity Promotion

LGBTQ Initiatives

Various awards, rankings, etc. Recognition for LGBTQ Initiatives through...

Society
Diversity Promotion

L-boshi certified with highest ratings

L-boshi certified* with highest ratings Tokyu Community develop supp...

Society
Diversity Promotion

Third-party Verification of Social Data

Third-party Independent Verification The Tokyu Fudosan Holdings Group re...