tokyu land corporation

Financial Highlights FY2022 Third Quarter (First Nine Months) Ended December-31, 2022

 

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Disclaimer

Contents

Summary of the Financial Results for FY2022 Third Quarter

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Sustainability and DX Initiatives

Financial Capital Strategy

Overview of the Medium-term management plan 2025

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Initiatives to realize a decarbonized society

This page shows the Group’s approach to realizing a decarbonized society.

Being in agreement with the realization of a decarbonized society by “limiting global warming to well below 2℃, preferably to 1.5℃,” the goal established under the Paris Agreement, we acquired SBT certification (1.5℃ level), the first Japanese developer to do so, and set forth that goal as a target for FY2030.

As a means of achieving that target, in December 2022, Tokyu Land Corporation completed the switch to electric power generated from renewable energy for facilities that it uses and owns.
Furthermore, Tokyu Land Corporation has begun “visualization” in relation to the introduction of internal carbon pricing (ICP).

We are also in agreement with the recommendations of the TCFD. Our policy is to examine opportunities and risks by simulating the impact of climate change on business and leveraging the results in business promotion efforts.

Going forward, we will continue to tackle the realization of decarbonization and a sustainable society through initiatives that actualize our renewable energy business and other strengths of the Group.