Initiatives to Address Environmental Issues

Toward the Realization of Low-carbon Society

Shift to renewable energy

The Investment Corporation, as a corporate citizen, is in the process of facilitating the shift to renewable energy-based power for all properties (Note) it owns with a view toward realizing a low-carbon society. Procedures for the shift was completed at all subject properties by the end of the 46th fiscal period (November 2024) through the application of power plans, mainly those conforming to the RE (Renewable Energy) 100 standards.
In addition, for properties at which renewable energy cannot be introduced, it has purchased FIT non-fossil certificates with tracking from the Japan Electric Power Exchange’s renewable energy value trading market through intermediary operators, thereby effectively introducing renewable energy-based power.
The procedures resulted in a 90.9% reduction of greenhouse gas (GHG) emissions (Scope 1 and 2) in FY2024 from the level of FY2018. The Investment Corporation will continue to apply the shift to properties that will be acquired going forward, thereby aiming to contribute to the realization of a low-carbon society as a member of society.

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(Note) Excluding properties where a management association manages power, such as properties whose ownership is shared and properties owned by unit owners, and properties where contracts with tenants are unusual. Furthermore, private areas of residential properties and properties acquired within a year of acquisition are excluded.

Introduction of an electric power measurement system for sections occupied by tenants

We have introduced an electric power measurement system for sections occupied by tenants in certain residential properties to increase power measurement coverage.
We are working to raise tenants' awareness of power saving.
The system has been introduced at all residential properties (except properties for sectional ownership) owned as of November 30, 2024.

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Eco-friendly initiatives

Efforts are being made to reduce the volume of fossil fuel used. A switchover to LED lamps is in progress for curbing the use of electricity in rooms for rent, common space at office properties and common space at residential properties. The switchover was completed at all properties (common spaces) except properties acquired less than one year ago as of November 30, 2024. Equipment that consumes less energy will be introduced during air-conditioner replacement.

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Eco-friendly initiatives: FSC paper and Glassine

Promotion of wall greening

The Investment Corporation has promoted wall greening. By arranging plants not only in the tree planting spaces outside the building but also on the walls of the entrance and communal areas, the Investment Corporation has taken steps to reduce carbon dioxide and provide comfortable and healthy office spaces.

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Glassine, FSC-certified paper and Vegetable Ink

This Investment Corporation has been sending distribution payment statements and the asset management report to investors after the settlement of accounts for each fiscal period. FSC-certified paper and Vegetable ink are used for those documents, and glassine is used for the window section of an envelope used for mailing them. FSC is an abbreviation of the Forest Stewardship Council, an international organization. FSC has established standards for cutting down trees necessary for economic activity, while curbing deforestation and preserving forest resources for future generations. The Investment Corporation uses FSC-certified products to eliminate the risk of being involved in environmental destruction and contribute to preserving forest resources. Glassine is a translucent paper material. Unlike the window section made of plastic, a glassine window section does not need to be separated from paper for disposal. The whole envelope can be recycled without the need for separation. It is an environmentally friendly product.

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Source:FSC Japan
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Source:Japan Printing Ink Makers Association
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To reduce environmental impact, we implemented a paperless offering by delivering the prospectus electronically.

Intended to reduce the environmental impact by reducing the amount of paper, ink, etc. used.
Reduced approx. 770,000 sheets of A4 paper, the number of sheets that would have been used during the public offering. In terms of trees, this saves 59.2 trees as resources for the future.
Intended to make it easier to read by providing the main body of the electronic prospectus in color.

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Cooperation with Tenants and Stakeholders on Environmental Issues

Promotion of Green lease contract

The Investment Corporation aims for a win-win relationship that benefits both building owners and tenants through reduced utilities expenses by establishing written agreements and memoranda on the reduction of environmental burdens through efforts such as energy conservation at properties owned and improvement of the working environment in cooperation with tenants. As of now, it has signed a contract with one tenant.
The Investment Corporation will strive to achieve this goal despite difficulties in implementing this in medium-sized offices.

This table can be scrolled sideways.

Number of properties
Conclusion of green lease agreement 1 property