- (I) Policies and Specific Approaches regarding Environment
- (II) Initiatives for External ESG Recognition
United Urban has established the "Environmental Policies" to approach the environmental issues in May 2012.
United Urban Investment Corporation, aware of its corporate social responsibility, will do its utmost to contribute to sustainable prosperity of our society under the considerations on the environment and efforts for reduction of environmental burdens.
- Energy saving and measures for global warming
United Urban Investment Corporation will proactively promote efficient use of resources and energy and contribute toward realization of a low-carbon society through introducing such technologies and systems as being friendly to the environment.
- Reduction of environmental burdens
United Urban Investment Corporation will make efforts for reduction of environmental burdens and realization of a recycling society through such measures as saving water, reducing (curb of the waste), re-using and recycling together with reduction of carbon emission.
- Compliance with Environment-Related Laws and Regulations
In compliance with the environment-related laws and regulations, United Urban Investment Corporation will strive to preserve the environment standing.
- Promotion of Environmental Communication
United Urban Investment Corporation will work to proactively disclose its initiatives on the environment and other environment-related information and collaborate with our varied stakeholders through communication with the society.
- Environmental education and enlightenment
Through education and enlightenment on the environment, United Urban Investment Corporation will work to improve the environmental awareness.
United Urban Investment Corporation
United Urban has established its objectives on sustainability as follows;
As an owner of large-scale business facilities whose greenhouse effect gas emissions are assumed to be high, United Urban sets a target to reduce the “specific energy consumption rate” by 1% per annum on average for 5 years (“Specific energy consumption rate” is calculated by the factors like energy consumption, floor space, etc.).
Untied Urban will accomplish the above mentioned target by such means as introducing highly-efficient equipments suitable to each facility on replacement of air-conditioners or lighting equipments.
|*||A smart meter is a next-generation power meter that can measure electricity consumption digitally and have a function to send the relevant data within it. It enables to get the picture on electricity consumption and analyze optimal activity on electricity consumption with the data stored by it.|
|A (Energy Consumption and CO2 Emissions)||B (Water Usage)|
|Gas Usage||CO2Emissions||Water Usage|
|Scope 1||Scope 2|
|*1||The aggregated data of performance for each fiscal year, which is the period from April of one year to March of the following year.|
|*2||The number of subject properties in the aggregated data differs for each fiscal year and for group A and group B.|
|t-CO2/㎡||Compared to the previous year||Number of Target Properties|
|*||The aggregated data of performance for each fiscal year, which is the period from April of one year to March of the following year.|
Effective Use and Reuse of Water
United Urban has been conducting initiatives for effective use and reuse of water.
ExampleShinjuku Washington Hotel
|Nearest Station：||JR Shinjuku Station South Exit, Tochomae Station, Toei Oedo Line|
|Total floor space：||59,985.37㎡|
|Number of floors：||B4/25F|
The property, one of the largest hotels in the Shinjuku Shintoshin area, has 1,279 guest rooms, wedding and conference facilities, restaurants, a convenience store, etc. and has been used by varied customers every day.
Recognizing importance of mitigation of environmental burdens such as electricity saving or waste reduction, various measures are being taken. As part of these initiatives, the water used in baths of guest rooms has been reused as flush of the toilets throughout the property.
|*||Each performance is based on the aggregated data of 68 of the properties owned by United Urban as of March 31, 2017 for the period from April 2016 to March 2017.|
Conservation of Biodiversity
In view of conservation of biodiversity, United Urban has established the policy not to introduce any alien species concerned to spread widely and become a threat to the surrounding ecosystem.
Promotion of Green Lease
|*||Data as of September 30, 2017. The ratio is calculated by (the number of tenants with whom United Urban has concluded contracts including green lease clauses) / (the number of office tenants excluding their residential parts) and is expressed as a percentage. Also note that a tenant who has entered into several agreements for a single property is counted as 1.|
Case 1Shin-Osaka Central Tower
|Nearest Station：||4-minute walk from Shin-Osaka Station, JR Tokaido Shinkansen, JR Kyoto Line and Midosuji Subway Line|
|Total floor space：||58,882.64㎡|
|Number of floors：||B1/23F|
The property is a complex where the basement floor to 2nd floor and 12th to 23rd floors are used as a hotel and retail shops and the 3rd to 11th floors are for office use. In close proximity to Shin-Osaka Station on the JR Tokaido Shinkansen and other lines, this is a property that can expect large volume of business travel needs from not only Kansai Area but also Tokyo Area and other places.
It has advantages in location as a keystone of Kansai Area and transportation convenience, with close proximity to a Shinkansen (bullet train) station, and benefit from hotel-office complex that are suitable for area headquarters.
Naturally, there is strong demand not only from local companies but also from the companies those have their headquarters in Tokyo and other areas.
“Washington Hotel Plaza Shin-Osaka” has a size of 491 guest rooms and is used as a hub for business and other travelers to Kansai Area due to its location. In addition, with banquet halls that can accommodate up to 450 persons, it is also widely used for weddings, various kinds of conferences, etc.
（Retail, Fitness club）
“Central Fitness Club Shin-Osaka Ekimae” is used by local customers and businesspersons and has been contributing to health promotion for various age groups. Other tenants include clinics and a convenience store, and the event hall “Les Lumieres” (660 m2; ceiling height: 5.9 m) is used for meetings, exhibitions, etc. by various types of companies.
|Nearest Station：||8-minute walk from Sendai Station, JR Tohoku Line
4-minute walk from Sendai Station, Sendai Subway
|Total floor space：||110,955.68㎡|
|Number of floors：||B3/31F|
The skyscraper with height exceeding 100 meters first built in Tohoku Area is a landmark building of Sendai composed of three buildings: an office building, a fitness club building and a hotel building. Located within walking distance of Sendai Station, which is the busiest station in Tohoku Area, the location offers excellent traffic convenience. In addition, with an underground parking lot that can accommodate over 300 cars, the property also works as a park-and-ride base for those from the suburbs of Sendai City.
The 3rd to 27th floors are office floors and occupied by many companies. In addition, an observatory on the 30th floor offers a panoramic view, from southern part of Sendai City to the Pacific Ocean. A convenience store, showrooms, a dental clinic, an educational institution, restaurants, etc. occupy some of lower floors and upper floors, and these are used widely by businesspersons and residents in the neighborhood.
The Tobu Hotel Group’s “Sendai Kokusai Hotel” has a history of about 30 years in this location. It has not only 234 guest rooms but also 15 banquet halls ranging from small to large, a chapel, restaurants, etc. and works as a full-service hotel that can satisfy a wide range of needs, such as business conventions, weddings and parties.
（Fitness club building）
“Central Fitness Club Sendai,” a building with 2 floors above ground and 1 floor below ground, is a comprehensive fitness club with studios, pool, a squash court, a sauna, etc., and is used widely by businesspersons and residents in the neighborhood with its rarity located in the center of Sendai City.
In order to enhance the objectivity and credibility of the status of environmental and social considerations of real estate properties owned by United Urban, the initiatives to acquire external certification and ratings that are assigned by third parties are underway. The following is the coverage rate of the properties that obtained external certification, etc. (DBJ Green Building, CASBEE and BELS) among properties owned by United Urban. United Urban would like to raise the portfolio coverage rate of external certification, etc. in the future.
|Number of properties||3||6||5||13|
|Portfolio coverage rate (total floor space basis)||4.8%||4.7%||6.5%||14.5%|
|*1||Data as of February 28, 2018, totaling 111 properties (excluding the properties consisting of only land)|
|*2||ARENA TOWER has received recognition under both DBJ Green Building Certification and BELS, but the overlap is deducted in the total.|
The “GRESB (Global Real Estate Sustainability Benchmark)” is a benchmark developed by a group of leading European pension funds. It evaluates the sustainability performance of real estate companies and funds, and is becoming a de facto standard among major European, American and Asian institutional investors and is utilized in their investment decision-making processes.
United Urban has been participating in the GRESB survey since 2012, and the “Green Star” rating was granted to United Urban in 2017 for three consecutive years. It is granted to entities which have exhibited excellence in both dimensions of “Management and Policy” and “Implementation and Measurement.”
United Urban will continue to implement its initiatives for the environmental, social, governance issues going forward.
DBJ Green Building Certification
The following properties owned by United Urban have received the certification.
* For more details, please refer to the website of DBJ.
CASBEE for Market Promotion
CASBEE for Market Promotion was developed with an intention to be widely used among property market participants, and its assessment criteria are designed to use by person engaged in real-estate development and transaction. The assessment items consist of five categories, namely “energy/GHG,” “water,” “materials/safe,” “biodiversity/sustainable site,” and “indoor environment” with 21 assessment items. Taking into account international common items advocated by UNEP SBCI (The United Nations Environment Programme - Sustainable Building and Climate Initiative), the same items as environmental performance items, which have received attention from domestic and foreign companies, are considered.
The following properties owned by United Urban have received the certification.
“Building-housing Energy-efficiency Labeling System (BELS)” is a third-party certification system for rating residential and non-residential buildings fulfilling the obligation to make efforts for labeling of energy efficiency under the Building Energy Efficiency Act (official name: Act on the Improvement of Energy Consumption Performance of Buildings). The assessment is on the basis of the Building Energy Index (BEI) value derived from primary energy consumption based on the building energy efficiency standards provided by the Japanese government.
The assessment and labeling based on BELS is implemented by assessment association members, which are those “registered housing quality evaluation agencies,” “designated confirmation and inspection bodies” or “registered building investigation bodies” that have submitted notification as an organization implementing BELS operations. The assessment outcome is represented by a number of stars (five-star scale from one star to five stars).
Among United Urbans portfolio, the following properties have received the BELS certification.
Rank ★ ★ ★