Message

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 have also participated in CDP’s evaluations for the first time in 2024, striving to continuously improve our sustainability initiatives through these assessments. In January 2026, we revised our Materiality announced in July 2019, taking into consideration the progress of our efforts to date and changes in the external environment.

To accelerate develope sustainability initiatives, having achieved our renewable energy procurement targets (set in January 2022) and our electricity-related CO₂ emissions reduction targets (set in July 2022) by the end of fiscal year 2025, we have established new ambitious GHG reduction targets with 2030 as the target year. We have been working toward the long-term target of reaching net zero by 2050. 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 Manabu Kamikawara

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.

Our Structure to Promote Sustainability

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.
TRM has established its regulations on internal audit, and the Internal Audit Department conducts internal audits as one of its main duties.

Sustainability Promotion Council

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.