Environmental Initiatives

Greenhouse Gas (CO2) Emissions

We will continuously monitor the greenhouse gas emissions of One REIT's real estate portfolio and aim to reduce greenhouse gas emissions (intensity) by 40% by fiscal 2030 and 100% by fiscal 2050 (from fiscal 2014).

Greenhouse Gas (CO2) Emissions

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FY2014
(base)
FY2019 FY2020 FY2021 FY2022 FY2023
Total emissions (t-CO2) 18,930 16,506 13,756 14,764 14,609 14,370
Intensity (t-CO2/m²) 0.09562 0.06952 0.05877 0.06104 0.05730 0.05595
Intensity reduction rate (%) 27.3% 38.5% 36.2% 40.1% 41.5%

(Note) Numbers may change due to revision of aggregation method.

LED lighting Conversion Rate

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End of fiscal
period ended
August 2021
End of fiscal
period ended
February 2022
End of fiscal period ended August 2022 End of fiscal
period ended
February 2023
End of fiscal period ended August 2023
LED lighting conversion rate
(exclusive/common areas) (%)
20.2 24.0 26.9 30.3 31.8

(Note) Numbers may change due to revision of aggregation method.

Initiative Examples

photo
Renewal of air-conditioning system
replacement
photo
LED lighting conversion

Promotion of Use of Sustainable Energy

By actively utilizing renewable energy sources (solar, wind, etc.) in portfolio properties, we will promote a net-zero energy strategy and aim to realize a sustainability-conscious, recycling-oriented society.

Use of Renewable Energy

We are considering use of renewable energy sources, for example by installing solar power equipment or otherwise using electricity derived from renewable energy sources.

Water Consumption

One REIT will promote operational efforts to save water, aiming to reduce water consumption (intensity) at its portfolio properties by 10% by fiscal 2030 (from fiscal 2014).

This table can be scrolled sideways.

FY2014
(base)
FY2019 FY2020 FY2021 FY2022 FY2023
Total consumption (m³) 121,000 187,975 146,334 149,965 158,615 164,000
Intensity (m³/m²) 0.61122 0.79174 0.62523 0.62004 0.62208 0.63848
Intensity reduction rate (%) -29.5% -2.3% -1.4% -1.8% -4.5%

(Note) Numbers may change due to revision of aggregation method.

Environmental Collaboration with Tenants/Stakeholders

Introduction of Green Lease Agreements

One REIT has introduced green lease agreements with the aim of collaborating with tenants to improve the environmental performance of its properties.
A green lease is an agreement or memorandum of understanding with a tenant to reduce environmental footprint, for example by saving energy, and improve the working environment. The agreed matters are implemented accordingly, and at present.