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Environmental Measures

Environmental Performance

Based on the Sustainability Policy items “1. Contribution to creating a low-carbon society” and “2. Contribution to creating a recycling-oriented society”, JRE has set reduction targets for energy consumption and greenhouse gas emissions in order to improve the environmental performance of its real estate portfolio.
In order to achieve these targets, JRE’s asset management company, Japan Real Estate Asset Management Co., Ltd., implements measures to improve the operational performance of buildings, conduct energy efficiency retrofits, and engage tenant on energy efficiency based on its “Energy Conservation Policy”, which stipulates operational policies for improving energy efficiency of the real estate portfolio, and “GHG Emissions Reduction Policy”, which aims to create a low-carbon society.

Reduction targets for energy consumption and greenhouse gas emissions

JRE has been working to reduce energy consumption and greenhouse gas emissions of its portfolio, and has achieved a lower consumption and emissions than the previous levels. We will continue this effort by setting the intensity based targets for energy consumption and CO2 emissions by 5% over the next five years.

Environmental Performance Data

Environmental Performance Data

Energy Performance Results/Supplementary ItemsPDF(123KB)

CO2 Emitter Coefficient of Each Power Supplier

JRE has also been implementing measures towards the Tokyo Metropolitan Government’s Tokyo Cap-and-Trade Program (mandatory emissions trading scheme), and has already achieved the reduction level set by the Government for the first phase (an 8% reduction in principle from April 1, 2010 to March 31, 2015). We will continue our efforts to meet the target for the second phase (a 17% reduction in principle).
List of JRE Buildings subject to Tokyo Cap & Trade Program
Tokyo Cap-and-Trade Program

Contributions to the Environment through Real Estate Investment Management

■Environmental risk assessment at the time of acquisition

When acquiring real estate properties, JRE conducts on-site inspections and also investigates on soil contamination and toxic substances such as asbestos and PCBs by obtaining real estate appraisal reports and engineering reports in addition to receiving related disclosure materials from the sellers.

■Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact

JRE steadily implements the renewal plans made for the facilities in our properties in order to reduce the environmental impact of the buildings.

(Example)
Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact

  • Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact
  • Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact

■Environmental contribution in collaboration with tenants

Aiming to make environmental contributions by collaborating with tenants, JRE has been gradually introducing Green Leases in terms of both operational improvement and efficiency retrofits.
Moreover, JRE is conducting diverse sustainability initiatives together with our tenants.

  • (Examples)
  • ・Holding Global Warming Prevention Committee with tenants
  • ・Distribution of sustainability guide
  • ・Introduction of an online system that enables tenants to check their energy use
  • ・Participation in the energy conservation month campaign and energy efficiency promotion on other occasions

Environmental contribution in collaboration with tenants

Sustainability Certification

JRE will continue to acquire environmental certifications and ratings such as green building certifications. We have set the floor area target of obtaining DBJ Green Building certifications for 50% or more of our properties, and will also continuously work to acquire other environmental certifications and ratings.

■Obtaining DBJ Green Building certification

The DBJ Green Building certification was established by the Development Bank of Japan with the aim of encouraging real estate project activities to pursue environmental and social contributions, instead of focusing solely on economic performance. Green Building-certified properties are selected based on a comprehensive evaluation scheme for multiple criteria including tenant amenities, involvement in local community, and risk management, in addition to the environmental performance of the building. Under this program, a number of properties held by JRE have been highly rated, including Harumi Front, which received the highest Five Stars rank, representing the first J-REIT property that has ever been honored with this evaluation.

Please click here for more information about DBJ Green Building authentication.

■Five criteria of DBJ Green Building certification

Properties with the best class environmental and social awareness Properties with exceptionally high environmental and social awareness Properties with excellent environmental and social awareness Properties with high environmental and social awareness Properties with satisfactory environmental and social awareness
five stars four stars three stars two stars one star

■Properties with DBJ Green Building Certification

Properties with the best class environmental and social awareness
Properties with the best class environmental and social awareness
Properties with exceptionally high environmental and social awareness
Properties with exceptionally high environmental and social awareness

DBJ Green Building認証取得物件数・取得率

Collaboration with Suppliers

■Green Procurement Policy

Japan Real Estate Asset Management (JRE-AM), which is JRE’s asset management company, has set the Green Procurement Policy as one of the policies to implement the specific items upheld in the Sustainability Policy. The Green Procurement Policy provides guidelines on the selection of products to be procured by JRE-AM as well as on the selection and evaluation of suppliers. JRE-AM has been promoting sustainability measures across its supply chain based on this Policy.

■PM company selection criteria and evaluation measures

JRE has established selection criteria for property management (PM) companies to which it commissions the management of properties, and evaluates all of the PM companies once a year, in principle. In addition to the companies’ building management and maintenance abilities, JRE evaluates the PM companies by their environmental friendliness in terms of operations, occupational health and safety measures for their employees, and understanding of and cooperation with the Sustainability Policy set by JRE-AM. Moreover, JRE requests the PM companies to make proposals to help JRE reduce environmental impacts, such as energy efficiency measures in buildings. In this way, JRE makes environmental improvement efforts in cooperation with the PM companies.

■Other measures

JRE annually makes contracts with professional firms to conduct energy assessment of a selection of our properties, and utilizes the results to understand the current level of their energy performance and to formulate improvement plans for the future.

  • Asset Managerジャパンリアルエステイト JRea

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