Environmental Initiatives

As part of the efforts to reduce environmental burden, the Asset Management Company has set the following reduction targets for energy consumption, greenhouse gas (GHG) emissions, water consumption, and waste recycling rate.

Energy consumption

  • Pursuant to the Energy Conservation Act (Act on the Rational Use of Energy), the basic target has been set for reducing the basic unit of energy consumption by 1% annually on average over the medium to long term for the entire portfolio and individual properties. *
  • The term for the medium-to long-term target is set for the upcoming five years.

Greenhouse gas (GHG) emissions

  • Achieve 30% reduction in 2030 compared with the base year (2019) for GHG emitted as part of the operations of shopping centers (SC) owned (total of scopes 1-3; per-unit basis). *

Water consumption

  • For water consumption on a per-unit basis of the portfolio as a whole not to exceed the base year (2019). *

Waste recycling rate

  • Cooperate with tenants to conduct initiatives to improve the recycling rate.
  • From 2022, the reporting period is set from January to December.
    The reporting period for data for 2021 and before has been changed to 12-month period from January to December, and the base year in setting targets for greenhouse gas (GHG) emissions and water consumption have also been changed from FY2019 to 2019.
    For ESG data including the results of initiatives regarding ESG for each item, please refer to ESG Data.

Page Top