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Now, I will talk about examples of our sustainability initiatives.
Tokyu Land Corporation completed the transition to 100% renewable energy for the electricity used at
its offices and facilities as of December 1, 2022. After undergoing an official assessment of its
renewable energy usage record over the course of a year as part of the RE100 international
initiative, the Company was certified by the CDP, the RE100 secretariat, as having achieved its
RE100 targets.
This makes Tokyu Land the first entity to be granted certification as an operating company that has
met the RE100 target in Japan, and the Company has also been featured as a leading company in Japan
in the “RE100 2023 Annual Disclosure Report.”
Going forward, we will continue to use renewable electricity in our own operations, as well as
provide environmental value to our customers by converting our own facilities to renewable energy
and supplying renewable electricity through corporate PPAs, etc., with the aim of realizing a
decarbonized society through our business.
Next, here is some information about the publishing of the TNFD Report (3rd edition) in the resort
business. In the TNFD Report, which we formulated in August 2023 and January 2024 as the first such
report in the domestic real estate industry, we disclosed information about our initiatives in the
Greater Shibuya Area, an area of particular focus for us.
In this report, we expanded the scope of coverage to include “TOKYU RESORT TOWN TATESHINA,” a large
complex resort in Chino City, Nagano Prefecture, as a representative resort region of the Company,
and we summarized information about the Group’s impact and dependence on natural capital, as well as
related risks and opportunities, in line with the framework advocated by the TNFD. For details,
please refer to the 2024.7 TNFD Report (3rd edition) on our website.
Finally, here is some information about our selection as a constituent of the FTSE4Good Index Series
of ESG investment indexes for 15 consecutive years.
The Company obtained the sixth highest score in Japan across all industries, and the highest score
in the real estate industry in Japan.
We believe this result shows that the ESG initiatives we have been focusing on, as well as our
strategies and business activities, leadership, and engagement with stakeholders, under company-wide
environmental management and DX policies, were rated highly.
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