Climate Change

Awareness of Climate Change

Since the Industrial Revolution, an increase in energy consumption has heightened the concentrations of greenhouse gases, such as carbon dioxide (CO2), in the atmosphere, and global warming is progressing. If warming continues without taking any effective countermeasures, there will be major changes in the earth's climate. This will cause phenomena such as rising sea levels and abnormal weather patterns, and have a great impact on the living environments of people and other organisms. Abnormal weather patterns will also increase the risk of damage to the business activities of the Mitsui Fudosan Group.

In order to curb global warming, reduce the risk to our Group due to climate change, protect environments where people and other organisms can live, and build a sustainable, low-carbon society, the Mitsui Fudosan Group believes that one of our key social missions as a real estate developer is to create, supply, and operate buildings and neighborhoods which curb energy consumption, and have low emissions of greenhouse gases.

Policy

Based on our Group Environmental Policy, we create buildings and neighborhoods with low energy consumption and reduced emissions of greenhouse gases, and we aim to build a low-carbon society by taking steps together with our business partners, tenant companies and stores, and customers, to address global warming, such as conservation of energy.

Goals*

Over the medium to long-term, we shall reduce energy consumption per base unit (of floor area) by an average of 1% every year.

On a per unit basis (of floor area), energy consumption in fiscal 2018 was 0.04199 ㎘ of oil equivalent/m2 per year, a reduction of 1.6% from the previous year.

(For details on energy consumption per base unit [of floor area], please see "Energy Consumption.")

*Goals:The primary greenhouse gas emitted by the Mitsui Fudosan Group is carbon dioxide (CO2) resulting from energy consumption. Therefore, no reduction goal has been set for greenhouse gas emissions, and our efforts are focused on the goal of reducing energy consumption.

Participation in Initiatives Concerning Adaptation to Climate Change

Participation in the United Nations Global Compact

The Mitsui Fudosan Group supports the UN Global Compact comprising 10 principles relating to human rights, labor, the environment, and anti-corruption advocated by the UN. We signed the compact in December 2018, and participate in the Global Compact Network Japan.

In 2001, our group established a Group Environmental Policy, and we have helped curb global warming by creating buildings and neighborhoods which conserve energy and have low greenhouse gas emissions, and we have also made efforts in areas such as prevention of environmental pollution, reduction of waste, and conservation of water and biodiversity. As a corporate group supporting offices, housing, and other infrastructure necessary for daily life, we will fulfill our social responsibility at an even higher level by making even greater efforts in the future in areas such as environmental conservation.
For details on the UN Global Compact, please see the following:
https://www.unglobalcompact.org/

Climate Change Management System

Mitsui Fudosan has established an ESG Management Committee subordinate to the ESG Promotion Committee (headed by the Representative Director, President and CEO), and is engaged in environmental initiatives such as measures to address global warming alongside Group companies subject to environmental policies.

(For details on the Mitsui Fudosan Group’s Environmental Management System, please see "Environmental Management System.")
To the "Environmental Management System " page

Major Initiatives

Energy Conservation, Creation, and Storage

In addition to energy conservation, the Mitsui Fudosan Group is actively engaged in energy creation using solar power and cogeneration systems, and energy storage using large-scale storage batteries. In this way, we create buildings and neighborhoods with low energy consumption and reduced emissions of greenhouse gases. We are also involved in energy-saving activities together with our business partners, tenant companies and stores, and customers.

Energy Conservation, Creation, and Storage in Office Buildings
Efforts at TOKYO MIDTOWN HIBIYA

At TOKYO MIDTOWN HIBIYA (Chiyoda-ku, Tokyo), we employ an exterior covering and high-performance glass to reduce thermal load, use high-efficiency systems and energy-saving equipment such as lighting control systems that utilize daylight, and make use of waste heat from a gas cogeneration system. We also create energy through the installation of a solar power system (generation capacity approx. 20 kW). By using these energy conservation and creation systems, we have attained Level 3 for Perimeter Annual Load (PAL) and Energy Reduction Ratio (ERR) evaluation in the Tokyo Metropolitan Building Environmental Planning System, and the S Rank in self-assessment under the CASBEE (Comprehensive Assessment System for Built Environment Efficiency) scheme.

We have also installed a new sub-plant for district heating and cooling (DHC), and by linking it with an existing DHC plant in the Hibiya area, we have helped realize a high-efficiency energy supply for the entire district.

Overview of Environmental Efforts at TOKYO MIDTOWN HIBIYA

Overview of Environmental Efforts at TOKYO MIDTOWN HIBIYA
Efforts at the Nihonbashi Takashimaya Mitsui Building

The Nihonbashi Takashimaya Mitsui Building (Chuo-ku, Tokyo) has attained Level 3 for PAL/ERR evaluation in the Tokyo Metropolitan Building Environmental Planning System.

Nihonbashi Takashimaya Mitsui Building
Nihonbashi Takashimaya Mitsui Building
(computer graphic, perspective view)
Office Buildings in Tokyo Certified Again as Excellent Designated GHG Offices by the Tokyo Metropolitan Government

Since fiscal 2010, we have been acquiring and renewing certification for office buildings in the Tokyo metropolitan area based on the standards established by the Tokyo Metropolitan Government for Excellent Designated GHG Offices*.

At these office buildings, we are switching to energy-saving equipment, holding meetings to promote CO2 reduction, strengthening systems for collaboration with tenants, and promoting energy conservation activities.

As of March 31, 2019, Mitsui Fudosan has six office complexes (eight buildings) designated as Top Level Offices and eight office complexes (eleven buildings) as Semi-Top Level Offices under the Excellent Designated GHG Offices program.

*Tokyo Metropolitan Government’s Excellent Designated GHG Offices:The Tokyo Metropolitan Government uses 213 criteria for evaluating the impact of management systems, building equipment performance, and office building equipment operations on reducing CO2 emissions. Office buildings that receive this designation are singled out for their exceptional promotion of global warming countermeasures. The system alleviates liability for CO2 emissions, and has two ranks: Top Level Office (a score of at least 80 points) and Semi-Top Level Office (a score of at least 70 points).

List of Tokyo Metropolitan Government's Excellent Designated GHG Offices Certifications (as of March 2019)

Top Level Offices Semi- Top Level Offices
・Nihonbashi Mitsui Tower (Update)
・Tokyo Midtown (Update)
・Ginza Mitsui Building (Update)
・Gran Tokyo North Tower (Update)
・Gran Tokyo South Tower (Update)
・Sumitomo Mitsui Banking Corporation Building (Update)
・Nihonbashi 1-chome Mitsui Building (Update)
・Shiodome City Center (Update)
・Gate City Ohsaki (Update)
・Akasaka Biz Tower (sub-lease)(Update)
・Kasumigaseki Building* (Tokyo Club Building)(Update)
・Shinjuku Mitsui Building (Update)
・Muromachi Higashi Mitsui Building
* (Muromachi Furukawa Mitsui Building, Muromachi Chibagin Mitsui Building)
・Iidabashi Grand Bloom
6 office complexes (6 buildings) 8 office complexes (11 buildings)
Total: 14 office complexes (17 buildings)
*Note: Kasumigaseki Building and Tokyo Club Building are two buildings considered to be one office complex. Muromachi Higashi Mitsui Building, Muromachi Furukawa Mitsui Building, and Muromachi Chibagin Mitsui Building are three buildings considered to be one office complex.
Energy Conservation at Large-Scale Logistics Facilities

At our large-scale logistics facilities, Mitsui Fudosan Logistics Parks (MFLP), we are installing LED lighting and solar power systems.

Solar power panels at MFLP Inazawa (generation capacity approx. 1,500 kW)
Solar power panels at MFLP Inazawa (generation capacity approx. 1,500 kW)
Solar power panels at MFLP Ibaraki (generation capacity approx. 2,000 kW)
Solar power panels at MFLP Ibaraki (generation capacity approx. 2,000 kW)
Energy Conservation at Mitsui Repark Parking Lots

Under the "Mitsui Repark" brand of Mitsui Fudosan Realty, we are creating next-generation parking lots based on the four key concepts of safety/security, innovation, environmental awareness, and disaster recovery assistance.

For instance, we have installed a hybrid solar system at the Mitsui Repark Minatomachi Niigata Parking Lot (Chuo-ku, Niigata City) which generates and stores solar power, and then illuminates the LED lighting of signage at night. Not only does the system reduce CO2 emissions, it also acts as an emergency power source in case of a disaster or power outage.

Solar power panels of the hybrid solar system at the Mitsui Repark Minatomachi Niigata Parking Lot
Solar power panels of the hybrid solar system at the Mitsui Repark Minatomachi Niigata Parking Lot

Megasolar Projects

Mitsui Fudosan engages in megasolar power projects. As of the end of fiscal 2019, we operate five megasolar power stations. Planned total generating capacity for the five stations is 72 MW, with approximately 70 million kWh generated in a year, equivalent to the annual power needs of approximately 20,000 typical households.

List of Mitsui Fudosan Solar Power Stations (As of the end of fiscal 2019)

Facility name Location Date operations started Planned generation capacity
Mitsui Engineering & Shipbuilding and Mitsui Fudosan Oita Solar Power Plant Oita, Oita Prefecture 1 December 2013 Approx. 21 MW (including 4 MW expansion)
Mitsui Fudosan Sanyo-Onoda Solar Power Plant Sanyo-Onoda, Yamaguchi Prefecture 1 December 2013 Approx. 13 MW
Mitsui Fudosan Tomakomai Solar Power Plant Tomakomai, Hokkaido 1 April 2014 Approx. 24 MW
Mitsui Fudosan Hachinohe Solar Power Plant Hachinohe, Aomori Prefecture 1 October 2014 Approx. 8 MW
Mitsui Fudosan Omuta Solar Power Plant Omuta, Fukuoka Prefecture 1 December 2014 Approx. 6 MW
Total Approx. 72 MW

Energy Management System

The Mitsui Fudosan Group is installing optimal energy management systems at each type of property: office buildings, retail facilities, condominiums, and detached housing. We are also introducing area energy management systems to link the energy management systems of individual buildings, and manage energy over an entire block.

Examples of Energy Management System Adoption

Type of building Type of energy management system Buildings with Energy Management Systems Installed
Office buildings BEMS ・TOKYO MIDTOWN HIBIYA
・Nihonbashi Takashimaya Mitsui Building
etc.
Commercial facilities BEMS ・LaLaport TOKYO-BAY
・LaLaport KOSHIEN
・MITSUI OUTLET PARK KITAHIROSHIMA
etc. (16 facilities)
Built-for-sale condominiums HEMS (each condominium), MEMS (communal areas, overall) Mitsui Fudosan Residential's
・LaLaport TOKYO-BAY
・LaLaport KOSHIEN
・MITSUI OUTLET PARK KITAHIROSHIMA
etc. (16 facilities)
Built-for-sale detached housing HEMS Mitsui Fudosan Residential's
・Fine Court Keihanna Koen Toshi
・Fine Court Todoroki Okeitei
etc.
Custom-built detached residence HEMS Mitsui Home's
・green's II Series
・green's ZERO Series
etc.
Entire block AEMS, TEMS, etc. ・Kashiwa-no-ha Smart City (Kashiwa-no-ha AEMS)
・Park City Musashikosugi The Garden
etc.
Note:
BEMS: Building Energy Management System
MEMS: Mansion Energy Management System
HEMS: Home Energy Management System
AEMS: Area Energy Management System
TEMS: Town Energy Management System

Curbing CO2 Emissions from Automobiles

To restrict CO2 emissions from automobiles, the Mitsui Fudosan Group installs electric vehicle recharging stations and provides services at its retail facilities that encourage the use of public transportation.

Establishing Infrastructure to Respond to the Increase in Electric Vehicles

Mitsui Fudosan Realty is installing charging stations for electric vehicles (EVs) and plug-in hybrid vehicles (PHVs) at the Mitsui Repark pay-by-the-hour parking lots.

Charging stations for EVs and PHVs are also being installed in the parking lots of retail facilities like LaLaport SHONAN HIRATSUKA (Hiratsuka City, Kanagawa) and built-for-sale condominiums like Park City Musashikosugi The Garden (Nakahara-ku, Kawasaki City).

EV and PHV charging station at the Mitsui Repark Henn na Hotel Maihama Tokyo Bay Parking Lot (Urayasu City, Chiba)
EV and PHV charging station at the Mitsui Repark Henn na Hotel Maihama Tokyo Bay Parking Lot (Urayasu City, Chiba)

Energy Consumption

Energy consumption by Mitsui Fudosan (see Scope of Data Calculation) has been on a slight rising trend since fiscal 2015, and in fiscal 2018 was 268,700 ㎘ of oil equivalent per year, for a 4.5% increase year on year. However, energy consumption per base unit (of floor area) was 0.04199 ㎘ (oil equivalent)/m2 per year, a reduction of 1.6% from the previous fiscal year.

Trends in the Amount of Energy Consumption

Trends in the Amount of Energy Consumption
Data with the third-party verification mark has been independently verified.
Note: The amount of energy consumption is calculated in accordance with the Act on the Rational Use of Energy.

Greenhouse Gas Emissions

Greenhouse gases (GHG) emitted due to the business activities of Mitsui Fudosan (see Scope of Data Calculation) are primarily carbon dioxide (CO2) resulting from energy consumption. Aside from that, emitted chlorofluorocarbons (e.g., HFC) also fall under the same category.

GHG emissions at Mitsui Fudosan have been almost flat since fiscal 2016, and in fiscal 2018, the figure of 513,000 t-CO2 per year was almost the same as the previous year. However, GHG emissions per base unit (of floor area) were 0.08015 t-CO2/m2 per year, down 4.7% compared with the previous fiscal year.

Trends in the Amount of GHG Emissions

Trends in the Amount of GHG Emissions
Note: Calculation of CO2 emissions is done based on the Manual for Calculation and Reporting of Greenhouse Gas Emissions (Ministry of the Environment; Ministry of Economy, Trade and Industry). In calculating CO2 emissions for each fiscal year, we use the definitive values of CO2 emissions coefficients for electric power use in each previous fiscal year.
Data with the third-party verification mark has been independently verified.

Scope of Data Calculation

The scope of data calculation for energy consumption and GHG emissions encompasses facilities for which disclosure is required under the Act on the Rational Use of Energy.

Scope of Data Calculation (Energy Consumption, Greenhouse Gas (CO2) Emissions)

Business Division Type Fiscal year
2016 2017 2018
Overall No. of target facilities (facilities) 154 163 157
Total floor area(m2 5,673,109 6,024,150 6,400,710
Office buildings No. of target facilities (facilities) 82 90 81
Total floor area(m2 2,482,891 2,728,958 2,897,021
Retail facilities No. of target facilities (facilities) 43 45 46
Total floor area(m2 2,851,201 2,864,433 2,973,917
Hotels No. of target facilities (facilities) 12 12 14
Total floor area(m2 151,626 150,619 158,761
Logistics No. of target facilities (facilities) 0 3 3
Total floor area(m2 0 265,059 300,630
Other No. of target facilities (facilities) 14 13 13
Total floor area(m2 63,168 15,080 70,380
Note:
1.Office buildings include Tokyo Midtown (Roppongi) and Kashiwa-no-ha Smart City Gate Square shops and the office building KOIL.
2. Resort hotels are included in the scope for hotels.
3.Facilities under the control of the General Administration Department as well as each branch have been included in Other.
4.Energy consumption and GHG emissions total floor area data takes into consideration the operating month
5.Energy consumption and GHG emissions at offices are included.