SHR and SHAM, in recognition of the shared responsibility to contribute to the realization of a sustainable society in accordance with the Sustainable Vision advocated by Sekisui House, which is sponsor of SHR, shall conduct real estate investment management with due consideration given to the environment, society and governance (collectively referred to as “ESG”), with the objective of providing “sustainable living basis” for residents of residential properties and “sustainable bases of operation” of tenant companies of commercial properties.
Specifically, SHAM has established Sustainability Policy as described below, and shall comply with the policy and implement the policy objectives throughout its overall business operations.
Moreover, a Sustainability Committee sets up targets, monitors compliance and evaluates the effect of measures implemented, and investigates improvement measures on a regular basis.
1. Compliance with ESG-related Laws, Regulations and Rules
We implement in-house training for the purpose of enhancing knowledge with regard to ESG-related laws, regulations and rules, and abide by such laws, regulations and rules in conducting real estate investment management with considerations given to ESG.
2. Initiatives for a Low-Carbon Society and the Efficient Use of Energy
To plan for the achievement of a low-carbon society and actively promote the efficient use of energy, we have set reduction targets for energy use at the properties held by SHR in accordance with laws and regulations and shall follow a plan-do-check-act (PDCA) cycle to achieve the targets.
3. Water and Resource Saving Measures
We shall actively contribute to the creation of a recycling-based society by promoting measures and public awareness activities for reducing water use and implementing the three Rs (reduce, reuse and recycle) in relation to resources.
In accordance with the "Gohon no ki" (Five Trees) Planning promoted by Sekisui House, Ltd., we conduct maintenance and management of planting and other greenery measures, centering on tree species with consideration given to the native vegetation and other ecosystem matters. By doing so, we aim to realize harmony with the nature and the surrounding environment.
5. Comfort and Safety
We shall provide high quality homes where residents of residential properties can lead their lives in comfort, and convenient, safe and comfortable spaces that contribute to enhancing the productivity of tenant companies in commercial properties.
We will also promote the installation of facilities to ensure that residents can live safely and securely in the event of a disaster and the provision of “sustainable bases of operation” to tenant companies with considerations given to their business continuity plans (BCPs).
6. Contributing to Regions and Communities
We create activity and prosperity by cooperating with local events and through other means, in an effort to find common interests with the regions and communities as well as to invigorate them.
7. Cooperation with Stakeholders
To implement initiatives based on this policy, we shall strive to cooperate with property management companies and other partners, residents of residential properties, tenant companies and facility users of commercial properties, and other stakeholders.
8. Supply Chain Management
We adopt the perspectives of green procurement and corporate social responsibilities in our investment and management operations in order to promote ESG awareness through our supply chains.
9. Information Disclosure
While regularly monitoring our action measures, etc. regarding ESG, we disclose information concerning sustainability performance on our website and through other media. In addition, we will continue our efforts to acquire environmental certification and recognition from outside assessment agencies.
Joining a GRESB member
The Asset Management Company became a Global Real Estate Sustainability Benchmark (“GRESB”) member in June 2018. As a GRESB member, the Asset Management Company will work to enhance its relationship with investors as well as follow the initiatives of other global companies leading in ESG and pursue improvement of ESG initiatives conducted by SHR and the Asset Management Company.