Approaches to Environmental Issues
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.
Japan REIT Advisors Co., Ltd., the asset management company of United Urban, establishes the Sustainability Committee to promote continuous and systematic efforts for environment, society, and governance. The information related to environment, society, and governance is shared by all employees including the management, and the asset management company is engaged in the further improvement.
Moreover, the Energy Conservation Promotion Committee and the Energy Conservation Promotion Subcommittee are also established as a management system regarding the rational use of energy. We address specific measures to enhance energy conservation through consultation with outside energy experts.
The environmental performance of United Urban for 2016 was as follows:
※Scope 1 is a corresponding value of CO2 emissions of greenhouse gases emitted directly from the use of city gas and fuel in our properties. Scope 2 is a corresponding value of CO2 emissions of greenhouse gases emitted indirectly from the use of electricity in our properties.
※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.
The “Global Real Estate Sustainability Benchmark (GRESB)” 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 2016 for two 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, since conventional CASBEE rating schemes had been used mainly as tools for “Design for Environment”. Compared with other CASBEE rating schemes, CASBEE for Market Promotion is a shorter version covering common metrics examined by UNEP SBCI and considers alignment with other internationally recognized certification schemes, e.g., LEED.