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Our View on Sustainability


To build a portfolio with a stable and sustainable demand from our customers, API has promoted since its IPO various initiatives to reducing our environmental footprint and contributing to the surrounding communities and environment, believing that for our portfolio, those elements are just as important as others such as the location, use, scale, and quality of properties.

Since 2013, we are participant to the GRESB Assessment, an ESG benchmark in the real estate sector, and are using the results to continuously improve the effectiveness of our initiatives. In July 2019, we identified our Materiality with publicly announcing our targets in environmental performances and a more practical management policy to achieve them.

To accelerate and develop sustainability initiatives, API set a series of KPIs including procurement of renewable energy, green bond utilization in debt finance in January 2022, and announced other challenging targets related to renewable electricity and CO2 emission in July 2022. Also, API has made public in this report the information disclosure based on TCFD (Task Force on Climate-Related Financial Disclosures) recommendations and is largely promoting its effort toward environment.

API will further develop its efforts on sustainability, deepening a trustworthy relationship with the stakeholders while investing in and managing real estate capable of sustaining customer demand and gathering people, seeking to become an entity capable of broadly energizing society as the name “Activia” suggests.

I hope this Sustainability Report will provide you with a broader understanding of API’s sustainability initiatives and we will continue to work together with you on social issues.

Executive Director Nobuhide Kashiwagi

Sustainability Policy

TRM considers paying consideration to environment and society and strong governance as its mission, and as a member of Tokyu Fudosan Holdings Group (“TFHD”, or the “Group”), it shares the Group sustainability vision. We believe that tackling these issues is a social responsibility and it should help to realize our management philosophy and contributes to the development of a more sustainable society. The Sustainability Policy has been set to put our such belief into practice.
For the details of the Sustainability Policy, please refer to the “Sustainability Initiatives” in the TRMʼs website.

To enhance TRMʼs efforts towards the issues related to environmental or societal consideration, etc. based on its Sustainability Policy, the rules on the Sustainability Promotion System require that the President & CEO to be the Chief Sustainability Officer and each department appoint one responsible person from the department. The Sustainability Promotion Council is to be held with the President & CEO as chairperson.
Sustainability Department was established as of April 1, 2021 to expand the functionality of the Sustainability Promotion System. The Sustainability Department succeeds the ESG-related missions from the Environmental Engineering Department, and we will further promote our sustainability program.

The Sustainability Promotion Council meets regularly with President & CEO as the Chief Sustainability Officer who assumes the ultimate responsibility, and other members from across the organization of TRM and among members, we share relevant information and examine and promote the efforts. External experts are invited to the Council to consult opinions when needed. Mattered discussed at the Sustainability Promotion Council are regularly reported to TRM's Board of Directors and as needed, to API's Board of Directors as well.

Members of the Sustainability Promotion Council
President & CEO
Regular members:
Directors, Chief Division Officers of the Activia Management Division,
Comforia Management Division, Broadia Management Division,
and Corporate Management Division, General Managers of Environmental Engineering Department,
and Sustainability Department, Compliance Officer
Sustainability Department
Meeting frequency Every quarter in principle
Main issues to be discussed ・Amendment and abolishment of the Sustainability Policy
・Amendment and abolishment of the Materiality
・Matters related to, and common to TRM and investment corporations
・Annual activities planning, report on status

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