Japan Real Estate Investment Corporation

Font Size

JRE Digest


  1. Home
  2. ESG
  3. Environmental Measures

Environmental Measures

Environmental Performance

Based on the Sustainability Policy items “1. Contribution to creating a low-carbon society” and “2. Contribution to creating a recycling-oriented society”, JRE has set reduction targets for energy consumption and greenhouse gas emissions in order to improve the environmental performance of its real estate portfolio.
In order to achieve these targets, JRE’s asset management company, Japan Real Estate Asset Management Co., Ltd., implements measures to improve the operational performance of buildings, conduct energy efficiency retrofits, and engage tenant on energy efficiency based on its “Energy Conservation Policy”, which stipulates operational policies for improving energy efficiency of the real estate portfolio, and “GHG Emissions Reduction Policy”, which aims to create a low-carbon society.

Reduction targets for energy consumption and greenhouse gas emissions

JRE has been working to reduce energy consumption and greenhouse gas emissions of its portfolio, and has achieved a lower consumption and emissions than the previous levels. We will continue this effort by setting the intensity based targets for energy consumption and CO2 emissions by 5% over the next five years.

Environmental Performance Data

Environmental Performance Data

As a general rule, the above data covers all properties held at the end of March of each fiscal year. For detailed calculation criteria, please refer to the “Environmental Performance Data/Supplementary Items”.

Energy Performance Results/Supplementary ItemsPDF(128KB)

CO2 Emission Coefficient of Each Power Supplier

The above “Environmental Performance Data” was prepared based on the “WEB information” attached below which has been given limited assurance by a third party organization (Ernst & Yong ShinNihon LLC).
※ WEB information
※ Independent Assurance Report

Report on Measures against Global Warming

Under this program, businesses that own or utilize medium or small facilities in Tokyo notify the Tokyo Metropolitan Government of CO2 emissions and the state of efforts to combat global warming at each location by filing a Report on Measures against Global Warming. The program’s goal is, through compilation of the report, to keep track of CO2 emissions at each site and ensure that ongoing steps are taken to combat global warming.

The program requires a business to submit and publicly release a report if the total amount of energy used at all medium and small facilities that it operates in Tokyo equals or exceeds 3,000 kl a year in crude oil equivalent.

JRE has submitted its report to the Tokyo Metropolitan Government under the program.
(available only in Japanese)

JRE has also been implementing measures towards the Tokyo Metropolitan Government’s Tokyo Cap-and-Trade Program (mandatory emissions trading scheme), and has already achieved the reduction level set by the Government for the first phase (an 8% reduction in principle from April 1, 2010 to March 31, 2015). We will continue our efforts to meet the target for the second phase (a 17% reduction in principle).
List of JRE Buildings subject to Tokyo Cap & Trade Program
Tokyo Cap-and-Trade Program

Contributions to the Environment through Real Estate Investment Management

■Environmental risk assessment at the time of acquisition

When acquiring real estate properties, JRE conducts on-site inspections and also investigates on soil contamination and toxic substances such as asbestos and PCBs by obtaining real estate appraisal reports and engineering reports in addition to receiving related disclosure materials from the sellers.

■Consideration to urban greenery and biodiversity

JRE’s sustainability policy stipulates that it will support efforts aimed at living harmoniously with the natural environment and contribute to creating a society in harmony with nature. JRE gives consideration to biodiversity in the operation of buildings by endeavoring to conserve and improve the ecosystem on property premises and adjacent urban green areas and natural areas.

Note that while JRE does not invest in new development projects, the sponsor Mitsubishi Estate Co., Ltd. pursues sustainable land use using certification systems such as Association for Business Innovation in Harmony with Nature and Community (ABINC) certification and SITES certification at the time of development.
For details on the efforts of Mitsubishi Estate Co., Ltd., please refer to the website.

■Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact

JRE steadily implements the renewal plans made for the facilities in our properties in order to reduce the environmental impact of the buildings.

Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact

  • Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact
  • Investment in retrofit that contributes to resource productivity, higher efficiency, and lower environmental impact

■Environmental contribution in collaboration with tenants

Aiming to make environmental contributions by collaborating with tenants, JRE has been gradually introducing Green Leases in terms of both operational improvement and efficiency retrofits.
Moreover, JRE is conducting diverse sustainability initiatives together with our tenants.

  • (Examples)
  • ・Holding Global Warming Prevention Committee with tenants
  • ・Distribution of sustainability guide
  • ・Introduction of an online system that enables tenants to check their energy use
  • ・Participation in the energy conservation month campaign and energy efficiency promotion on other occasions

Environmental contribution in collaboration with tenants

Collaboration with Suppliers

■Green Procurement Policy

Japan Real Estate Asset Management (JRE-AM), which is JRE’s asset management company, has set the Green Procurement Policy as one of the policies to implement the specific items upheld in the Sustainability Policy. The Green Procurement Policy provides guidelines on the selection of products to be procured by JRE-AM as well as on the selection and evaluation of suppliers. JRE-AM has been promoting sustainability measures across its supply chain based on this Policy.

■PM company selection criteria and evaluation measures

JRE has established selection criteria for property management (PM) companies to which it commissions the management of properties, and evaluates all of the PM companies once a year, in principle. In addition to the companies’ building management and maintenance abilities, JRE evaluates the PM companies by their environmental friendliness in terms of operations, occupational health and safety measures for their employees, and understanding of and cooperation with the Sustainability Policy set by JRE-AM. Moreover, JRE requests the PM companies to make proposals to help JRE reduce environmental impacts, such as energy efficiency measures in buildings. In this way, JRE makes environmental improvement efforts in cooperation with the PM companies.

■Other measures

JRE annually makes contracts with professional firms to conduct energy assessment of a selection of our properties, and utilizes the results to understand the current level of their energy performance and to formulate improvement plans for the future.

  • Asset Managerジャパンリアルエステイト JRea

Page TOP