Environmental Initiatives
Concept of Environmental Initiatives
Our goal is to utilize and revitalize the huge existing building stock that exists in the Japanese real estate market.
Tosei Reit considers that one way to address environmental issues is to maintain the value of existing aged properties it holds and to use them as offices and housing for a long period of time by systematically implementing capital expenditures for these buildings and facilities. We also believe that the renewal of air-conditioning equipment and electrical equipment through replacement has been effective in improving energy efficiency.
In addition, based on the Environmental Policy established by Tosei, The asset management company promotes environmental initiatives in Tosei Reit.
TOSEI Group Environmental Policy
Setting of Environmental Targets
Target by FY2030 | ||
---|---|---|
Energy consumption | 35% reduction in intensity | |
Water consumption | ||
GHG emissions | ||
Environmental certifications |
Environmental certification acquisition rate: 50% (based on total floor area) Of which, proportion of eligible green assets: 50% |
- Subject properties are all the properties in Tosei Reit's portfolio
- For the status of acquisition of environmental certifications, please refer to this link.
- Eligible green assets refer to assets satisfying the requirements of green buildings described here.
Acquisition of Green Building Certification and Expected Results
Improvement of environmental performance through renovation of facilities
Reduction of electricity consumption through switching to LED lighting in common areas
Improvement of energy efficiency by upgrading air-conditioning equipment
Water savings from renewal of sanitary equipment, etc.
Use of environmentally friendly carpet tiles
Breakdown of CAPEX Investment (by Main Purpose)
Fiscal Period Ended October 2018 (8th) to Fiscal Period Ended October 2023 (18th)
Details | 8 th FP | 9 th FP | 10 th FP | 11 th FP | 12 th FP | 13 th FP | 14 th FP | 15 th FP | 16 th FP | 17 th FP | 18 th FP | Total* |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Electrical andother facilities | 37.0 | 14.3 | 24.5 | 51.1 | 83.6 | 50.3 | 38.3 | 98.5 | 79.0 | 143.0 | 126.9 | 717.3 |
Air-conditioning construction |
14.9 | 52.5 | 33.4 | 40.3 | 22.5 | 123.9 | 9.3 | 20.2 | 17.7 | 93.7 | 32.7 | 524.2 |
Renewal valueincrease | 12.5 | 3.9 | 20.7 | 19.4 | 84.7 | 46.2 | 94.5 | 150.0 | 111.3 | 105.8 | 91.5 | 724.8 |
Mechanical parking lot | 0.0 | 0.0 | 0.5 | 11.6 | 30.3 | 18.4 | 64.4 | 9.7 | 51.4 | 16.6 | 23.5 | 227.3 |
Total | 64.5 | 70.7 | 79.2 | 122.6 | 221.3 | 238.9 | 206.8 | 278.6 | 259.6 | 359.3 | 274.7 | 2,193.8 |
- This is the total from Fiscal Period Ended April 30, 2015 (1st) to Fiscal Period Ended October 31, 2023 (18th).
Renewal of Housing Equipment (Number of Units and Equipment)
Details | 8 th FP | 9 th FP | 10 th FP | 11 th FP | 12 th FP | 13 th FP | 14 th FP | 15 th FP | 16 th FP | 17 th FP | 18 th FP | Total |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Air-conditioners | 25 | 19 | 34 | 49 | 108 | 66 | 99 | 124 | 154 | 117 | 180 | 975 |
Water heaters | 4 | 5 | 4 | 29 | 20 | 34 | 24 | 27 | 29 | 52 | 45 | 273 |
LED lighting | 4 | 9 | 14 | 39 | 79 | 118 | 203 | 243 | 777 | 800 | 927 | 3,213 |
Water faucets | 47 | 44 | 62 | 94 | 88 | 139 | 120 | 130 | 99 | 155 | 117 | 1,095 |
Warm waterwashing toilet |
12 | 15 | 31 | 18 | 22 | 31 | 28 | 40 | 61 | 59 | 59 | 376 |
Initiatives for tenants
- Posters to reduce and sort waste and promote the use of stairs
- Distribution of sustainability guides and conduction of ESG training
Environmental Performance
2018 (Base year) |
2019 | 2020 | 2021 | 2022 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Volume | Original unit |
Volume | Original unit |
Volume | Original unit |
Volume | Original unit |
Volume | Original unit |
|
Electricity (MWh) | 12,632 | 0.120 | 15,193 | 0.119 | 17,362 | 0.110 | 17,615 | 0.112 | 17,746 | 0.104 |
Gas (㎥) | 19,592 | 0.187 | 29,129 | 0.228 | 30,370 | 0.193 | 41,567 | 0.264 | 41,012 | 0.241 |
Steam (GJ) | 2,805 | 0.027 | 3,207 | 0.025 | 2,971 | 0.019 | 2,764 | 0.018 | 3,650 | 0.018 |
Water (㎥) | 99,880 | 0.951 | 108,547 | 0.848 | 118,511 | 0.751 | 125,695 | 0.797 | 122,752 | 0.720 |
2018 (Base year) |
2019 | 2020 | 2021 | 2022 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Consumption | Original unit |
Consumption | Original unit |
Consumption | Original unit |
Consumption | Original unit |
Consumption | Original unit |
|
Energy consumption (kl) | 3,369 | 0.0321 | 4,053 | 0.0317 | 4,603 | 0.0292 | 4,674 | 0.0297 | 4,738 | 0.0278 |
2018 (Base year) |
2019 | 2020 | 2021 | 2022 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Emissions | Original unit |
Emissions | Original unit |
Emissions | Original unit |
Emissions | Original unit |
Emissions | Original unit |
|
Total CO₂ emissions (t-CO₂) | 6,467 | 0.0616 | 7,265 | 0.0567 | 7,961 | 0.0505 | 7,874 | 0.0500 | 8,009 | 0.0470 |
Scope1 | 42 | 0.0004 | 63 | 0.0005 | 65 | 0.0004 | 89 | 0.0006 | 88 | 0.0005 |
Scope2 | 6,425 | 0.0612 | 7,202 | 0.0563 | 7,895 | 0.0501 | 7,785 | 0.0494 | 7,921 | 0.0465 |
- Water consumption is based on water supply usage only.
- Total CO₂ emissions are the sum of Scope 1 and Scope 2. Also, a location-based method was used when calculating emissions.