Participation in Initiatives

The United Nations Global Compact (UNGC) is a global framework dedicated to achieving sustainable growth. It focuses on encouraging companies and organizations to act as good corporate citizens by demonstrating responsible, creative leadership. Companies and organizations that endorse the UNGC are required to continue their efforts to realize the Ten Principles, backed by the commitment of the top management of the company. The Ten Principles concern the protection of human rights, the elimination of unfair labor practices, environmental responsibility, and the prevention of corruption.

Tokyo Tatemono is a signatory to the UNGC and registered the Tokyo Tatemono Group as a participating company. By supporting the UNGC, which addresses the four areas of human rights, labor, environment, and anti-corruption, we will help to realize a sustainable society.

The Task Force on Climate-related Financial Disclosures (TCFD) is an organization established by the Financial Stability Board (FSB) at the request of the G20 to study climate-related information disclosure and responses by financial institutions.

The Group endorses and is a signatory to the TCFD recommendations. Going forward, we will strengthen our measures to combat climate change, while expanding the content of our disclosure in line with the information disclosure framework recommended by the TCFD (governance, strategy, risk management, and indicators and targets with respect to climate change risks and opportunities).

Disclosure based on TCFD recommendations

The SBT Initiative (SBTi) is an international climate change initiative established in 2015 by CDP, UNGC, the World Resources Institute (WRI), and the World Wildlife Fund (WWF). SBTi’s role as an organization is to assess and certify whether greenhouse gas emission reduction targets set by companies and organizations around the world are consistent with the levels required by the Paris Agreement (for holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels).

The greenhouse gas emission reduction targets set by the Tokyo Tatemono Group for fiscal 2030 have been certified by SBT as being consistent with the levels required by the Paris Agreement.

RE100 is an international initiative that aims to procure 100% of the electricity consumed in business activities from renewable energy sources.

The Tokyo Tatemono Group participates in this initiative with the aim of procuring 100% of the electricity consumed in its business activities from renewable energy sources by 2050.

CDP is a non-profit organization that works with institutional investors and others to require companies to disclose information on their climate change strategies and greenhouse gas emissions, and to encourage them to take action.

The Tokyo Tatemono Group discloses its environmental information through CDP.

GRESB is an annual benchmarking and management organization that assesses real estate companies and funds in terms of their commitment to environmental, social, and governance considerations.

Tokyo Tatemono is a participating member of GRESB. The Group also receives assessments from GRESB by participating in its real estate assessment.

The Japan Climate Initiative (JCI) is a network dedicated to fighting climate change. It aims to strengthen information dissemination and communication among a variety of entities other than the national government, such as Japanese companies, local governments, and NGOs.

Tokyo Tatemono is participating in the JCI, seeing climate change as a social issue that requires global collaboration.

The Japan Climate Leaders’ Partnership (JCLP) is a unique Japanese business group that works across the boundaries between companies toward achieving a decarbonized society. It also serves as a contact point for RE100 membership in Japan, in partnership with the Climate Group, an international non-profit organization.

Tokyo Tatemono participates as a full member of the JCLP. Together with the environmentally progressive companies who make up the JCLP, we aim to help realize a sustainable, decarbonized society through co-creation and collaboration across industries and sectors.

The Keidanren Biodiversity Declaration Initiative consists of companies and organizations that endorse the Keidanren Declaration of Biodiversity and Action Guidelines. Launched by the Keidanren (Japan Business Federation), the initiative publicizes—both within Keidanren and externally—the logos and policies of companies that endorse it, along with examples of their efforts. The Keidanren Declaration on Biodiversity and Action Guidelines aim to build a sustainable society that coexists in harmony with nature. Building a society in harmony with nature is closely tied to measures against climate change and resource recycling. Recognizing this, participating companies promote integrated environmental management. This involves incorporating a wide range of environmental activities into their business activities, such as low-carbon, decarbonization, resource recycling, and biodiversity conservation activities. Participating companies declare that they will promote initiatives that meet regional characteristics while striving to extend those initiatives throughout the supply chain. They also formulate action guidelines for realizing the declaration.

Tokyo Tatemono expresses its endorsement of this Declaration and Action Guidelines and participates in the Initiative.

The Principles for Responsible Investment (PRI) are a set of investment principles signed by member institutional investors and others as a fundamental commitment for their investment portfolios. The principles are promoted in collaboration with the United Nations Environment Programme (UNEP) and UNGC, the founding partners who launched the PRI. The Principles advocate the integration of environmental, social, and governance factors into investment decisions and active ownership (responsible investing). Their aim is to promote fiduciary responsibility by enhancing the long-term investment performance of beneficiaries through responsible investment practices.Tokyo Tatemono is participating in the JCI as a full member, seeing climate change as a social issue that requires global collaboration.

Tokyo Realty Investment Management, the asset management company of Japan Prime Realty Investment Corporation, has endorses and is a signatory to the PRI’s basic principles.

The Principles for Financial Action for a Sustainable Society (Principles for Financial Action for the 21st Century) are principles for financial institutions that wish to fulfill their responsibilities and roles as required to build a sustainable society.

Tokyo Realty Investment Management, the asset management company of Japan Prime Realty Investment Corporation, endorses and is a signatory to these principles.