Mitsui Fudosan｜Sustainability/ESG｜Environment-related Data

Climate Change

Activity Indices and Goals, and Progress in Achieving Them

The Group's indices and goals with respect to climate change as well as progress toward achieving them are as follows.

Quantitative figures such as CO₂ emissions are subject to uncertainties related to the measurement of activity data as well as the determination of emission factors and other relevant variables, as well as scientific uncertainties.

Item	Objectives (KPI)		FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	Change from previous fiscal year
CO₂ and other emission reduction rate (1000 t-CO₂) <Compared to FY2019>	FY2030 FY2050	: 40% decrease : Virtually zero	4,383	4,690	4,199	5,503	3,941	4,611	17.0% <Compared to FY2019> 5.2%
Proportion of electric power used in business activities derived from renewable energy *1	FY2050	100%	0.1%	0.1%	3.0%	8.1%	11.6%	35.5%	+23.9pt
Energy consumption per base unit (㎘/m²/year) *2	Every year	Annual 1% reduction	(0.041)	(0.035)	(0.039)	(0.039)	(0.038) 0.0343	0.0337	98.30%

*1 This indicates the proportion of renewable energy in the total electricity used in the company’s private and common areas.

*2 For Energy consumption per base unit, figures based on the pre-revision Energy Conservation Act are shown in parentheses, and figures based on the revised Energy Conservation Act are shown outside of parentheses.

Office Buildings in Tokyo Certified as Excellent Designated GHG Offices by the Tokyo Metropolitan Government

Item	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Top level offices	6 office complexes (6 buildings)	6 office complexes (6 buildings)	5 office complexes (5 buildings)	6 office complexes (6 buildings)	6 office complexes (6 buildings)	6 office complexes (6 buildings)
Semi top level offices	8 office complexes (11 buildings)	5 office complexes (7 buildings)	5 office complexes (7 buildings)	4 office complexes (4 buildings)	4 office complexes (4 buildings)	6 office complexes (6 buildings)

List of Company Solar Power Stations

Facility name	Location	Date operations started	Planned generation capacity
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

Trends in the Amount of Energy Consumption

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Energy Consumption (MWh)	1,488,256	1,433,237	3,653,327	3,935,352	4,135,836	4,240,123

Notes:: 1. For FY2019 to 2020, facilities for which disclosure is required under the Act on the Rationalization etc. of Energy Use are included. However, some facilities are excluded.; 2. For FY2021 onward, facilities owned or hired by Mitsui Fudosan and consolidated subsidiaries that own buildings or have 100 or more employees, as well as a company with high CO₂ emissions (Mitsui Fudosan TG Smart Energy Co., Ltd.) are included.; 3. Energy consumption is calculated by multiplying purchased energy by a calorific value coefficient. The coefficient used is the unit calorific value set in the Act on the Rationalization etc. of Energy Use.

Boundary for Energy Consumption

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
No. of target facilities (facilities)	210	277	789	791	793	820
Total floor area (m²)	6,770,958	7,628,160	18,027,066	19,235,824	20,621,980	21,368,383

Notes:: 1. For FY2019 to 2020, facilities for which disclosure is required under the Act on the Rationalization etc. of Energy Use are included. However, some facilities are excluded.; 2. For FY2021 onward, facilities owned or hired by Mitsui Fudosan and consolidated subsidiaries that own buildings or have 100 or more employees, as well as a company with high CO₂ emissions (Mitsui Fudosan TG Smart Energy Co., Ltd.) are included.; 3. Energy consumption is calculated by multiplying purchased energy by a calorific value coefficient. The coefficient used is the unit calorific value set in the Act on the Rationalization etc. of Energy Use.

Greenhouse Gas Emissions (Scopes 1, 2 & 3)

The Group's emissions for Scope 1, Scope 2, and Scope 3 are as follows.

* The quantification of greenhouse gas emissions is subject to uncertainties related to the measurement of activity data and the determination of emission factors, as well as scientific uncertainties concerning the determination of global warming potential values.

Scope	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Scope	1000t-CO₂	1000t-CO₂	1000t-CO₂	1000t-CO₂	1000t-CO₂	1000t-CO₂
Scope1 Direct emissions	104	115	140	183	186	209
Scope2 Indirect emissions	413	363	438	457	430	319
Subtotal (Scopes 1 & 2):	518	479	579	640	616	528
Scope3-1 Purchased Goods and Services	1,199	1,788	1,209	1,658	1,554	1,851
Scope3-2 Capital goods	974	515	835	1,608	353	923
Scope3-3 Fuel- and energy-related activities (not included in scope 1 or scope 2)	98	92	125	128	142	110
Scope3-4 Upstream transportation and distribution	-	-	-	-	-	-
Scope3-5 Waste generated in operations	126	170	146	166	85	80
Scope3-6 Business travel	3	3	3	3	3	3
Scope3-7 Employee commuting	5	5	6	6	6	6
Scope3-8 Upstream leased assets	-	-	-	-	-	-
Scope3-9 Downstream transportation and distribution	-	-	-	-	-	-
Scope3-10 Processing of sold products	-	-	-	-	-	-
Scope3-11 Use of sold products	831	1,029	696	695	592	472
Scope3-12 End-of-life treatment of sold products	10	16	13	13	8	11
Scope3-13 Downstream leased assets	621	594	589	586	581	627
Scope3-14 Franchise	-	-	-	-	-	-
Scope3-15 Investments	-	-	-	-	-	-
Subtotal (Scope 3):	3,865	4,211	3,621	4,863	3,325	4,083
Total (Scopes 1, 2 & 3):	4,383	4,690	4,199	5,503	3,941	4,611

Notes:

1. The scope of CO₂ emissions aggregation includes facilities owned or leased by Mitsui Fudosan and its consolidated subsidiaries that either own buildings or have 100 or more employees, as well as a company with high CO₂ emissions (Mitsui Fudosan TG Smart Energy Co., Ltd.).

2. Scope 1 and Scope 2 are calculated using emission factors in line with the Act on Promotion of Global Warming Countermeasures and other relevant methods, based on the amount of energy used (actual figures or estimates) during each fiscal year.
The emission factors for purchased electricity used in each fiscal year are as follows:
・Up to FY2021:　　　Basic emission factors
・FY2022 and 2023:　Post-adjustment emission factors
・FY2024: 　　　　　　Basic emission factors
In addition, for FY2020 and before, some figures are estimates calculated by applying the base unit for each business division to the total floor area.

3. Scope 3-1 is calculated from the sales cost price part in the relevant fiscal year and services provided part of real estate for sale that was sold in that fiscal year.
The sales cost price part of real estate for sale that was sold in the relevant fiscal year (excl. land) is calculated by multiplying figures given in the emissions unit value database, which details Ministry of the Environment emission factors used to estimate an organization’s greenhouse gas or other emissions through its supply chain.
The services provided part during the relevant fiscal year is calculated by multiplying accounts that exceeded 1% of the total monetary amount covered in Scope 3-1 by an emission factors determined by the Ministry of the Environment.

4. Scope3-2 is calculated by multiplying the amount of increase in Property, plant and equipment excluding land and construction in progress by an emission factors determined by the Ministry of the Environment.

5. Scope 3-3 is calculated by multiplying the amount of energy totaled in Scope 1 and Scope 2 by an emission factors determined by the Ministry of the Environment.

6. Scope 3-5 is calculated by multiplying the amount of general waste (partially including estimated figures) and industrial waste by emission factors determined by the Ministry of the Environment.
The emission factors applied for each fiscal year are as follows:
・Up to FY2022:　AIST IDEA Ver. 2.3
・FY2023: 　　　　AIST IDEA Ver. 3.3 (IPCC 2021 AR6)
・FY2024: 　　　　AIST IDEA Ver. 3.4 (IPCC 2021 without LULUCF AR6)

7. Scope 3-6 is calculated by multiplying the number of employees of the Mitsui Fudosan Group by an emission factors determined by the Ministry of the Environment.

8. Scope 3-7 is calculated by multiplying the number of employees of the Mitsui Fudosan Group by the number of working days for Mitsui Fudosan and an emission factors determined by the Ministry of the Environment.

9. Scope 3-11 is calculated by multiplying the area, etc., of real estate sold during the fiscal year by the annual emissions unit value and the remaining service life.
From FY2024, the post-sale scenario has been revised to reflect figures that take into account trends in national electricity emission factors based on the IEA’s World Energy Outlook 2024. In addition, for certain properties for which data such as energy consumption cannot be obtained, estimated values have been used in the calculations.

10. Scope 3-12 is calculated by multiplying the area of real estate sold in the relevant fiscal year by an emission factors determined by the Ministry of the Environment.

11. Scope 3-13 is calculated using emission factors and other methods in line with the Act on Promotion of Global Warming Countermeasures, based on the amount of energy used (whether actual figures or estimates) in the relevant fiscal year. Some figures are estimates calculated by considering a base unit (of floor area) for each business division.

Trends in Three-year Averages for Greenhouse Gas Emissions Ratio

Item	Standard for comparison	Results
Three-year average	FY2018–2020	FY2019–2021	FY2020–2022	FY2021–2023	FY2022–2024
Three-year average	FY2018–2020	6.2% decrease	1.7% increase	3.6% decrease	5.9% increase

External Certifications

	FY2022	FY2023	FY2024
DBJ GREEN BUILDING Certification	49	55	85
CASBEE	18	26	33
LEED	8	9	9
BREEAM	3	3	3
Green Building	2	2	2

* Limited to rental properties, including office buildings, retail facilities, logistics facilities, as well as hotel and resort facilities.

Water Usage

Trends in Water Usage

Water intake

	FY2019	FY2020 *1,2	FY2021	FY2022	FY2023	FY2024
Clean water(thousand m³)	5,619	4,070	9,483	11,433	12,443	13,240
Industrial water(thousand m³)	107	85	236	243	228	221
Purchased reclaimed water(thousand m³)	-	63	251	288	417	414
Well water(thousand m³)	-	922	1,292	1,594	1,632	1,652
Hot spring water(thousand m³)	-	78	204	229	223	222
Pond water(thousand m³)	-	57	37	75	43	0
Rainwater(thousand m³)	-	74	250	252	260	291
Spring water(thousand m³)	-	17	96	96	102	105
Total water intake(thousand m³)	5,726	5,365	11,849	14,210	15,347	16,145
Water intake per base unit （m³/m²）	0.851	0.708	0.671	0.855	0.871	0.872

Water recycling rate

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Water recycling rate (%) *3	15.1	9.2	9.5	7.5	7.3	7.1

Wastewater

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Sewage water(thousand m³) *4	5,539	4,441	10,181	12,205	13,392	14,085
Seawater(thousand m³)	-	270	264	341	322	332
Total wastewater(thousand m³)	5,539	4,711	10,445	12,546	13,714	14,417

*1 Since FY2020, we have improved the accuracy of reporting data received from each facility relating to usage of purchased clean and industrial water.

*2 Since FY2020, we have reviewed water usage categories and added some usage categories to the overall totals.

*3 Water recycling rate: For FY2019, this indicates the proportion of grey water in total water intake (1,016 thousand m³). From FY2020 onward, this shows the proportion of water reused after its initial use by being put into grey water tanks (FY2020: 495 thousand m³; FY2021: 1,121 thousand m³; FY2022: 1,059 thousand m³; FY2023: 1,216 thousand m³; FY2024: 1,146 thousand m³) out of the total water intake.

*4 Amount of wastewater transported to a water treatment plant via underground sewers. Wastewater put into the sea, the ground, underground, or elsewhere is not included in this total.

Boundary for Water Usage

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
No. of target facilities (facilities)	146	187	477	497	501	537
Total floor area (m²)	6,723,556	7,574,935	17,667,267	16,617,847	17,613,946	18,507,738

Notes:: 1. For FY2019 to 2020, facilities for which disclosure is required under the Act on the Rationalization etc. of Energy Use are included. However, some facilities are excluded.; 2. For FY2021 onward, facilities owned or hired by Mitsui Fudosan and consolidated subsidiaries that own buildings or have 100 or more employees, as well as a company with high CO2 emissions (Mitsui Fudosan TG Smart Energy Co., Ltd.) are included.

Environmental Pollution and Resources

Recycled Food Waste (FY2024)

Category		Office buildings (70)	Retail facilities (31)
Food waste	Waste volume	2,767.2 tons/year	5,463.77 tons/year
	Recycled volume	1,404.0 tons/year	5,353.79 tons/year
	Recycling ratio	50.74%	97.98%
Recycling applications		Feedstock, power generation	Fertilizer, feedstock, gasification, incineration power generation, carbonization, etc.

Wastepaper Recycling

		FY2019		FY2020		FY2021		FY2022		FY2023		FY2024
Volume of wastepaper collected	Office buildings in Tokyo	85	approx. 6,833 tons	93	approx. 4,773 tons	83	approx. 2,396 tons	82	approx. 4,947 tons	77	approx. 4,694 tons	76	approx. 4,938 tons
Volume of wastepaper collected	LaLaport TOKYO-BAY	approx. 3,179 tons		approx. 37 tons		approx. 28 tons		approx. 25.84 tons		approx. 20.52 tons		approx. 18.21 tons
Recycled paper purchased (Group’s purchase volume) Recycled office paper*1		approx. 172 tons		approx. 112 tons		approx. 111 tons		approx. 112 tons		approx. 109 tons		approx. 103 tons
Recycled paper order ratio (in the Company’s offices)*2		93.00%		86.70%		93.80%		95.10%		94.30%		89.80%

*1 Recycled office paper is a recycled paper independently made from used paper of the Mitsui Fudosan Group.

*2 Percentage of recycled paper used in FY2019, FY2020

Used Fluorescent Bulb and Battery Recycling

		FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Number of buildings covered for collections	Fluorescent bulbs	51	94	93	84	70	67
Number of buildings covered for collections	Batteries	40	81	75	76	67	66
Collection volume (t)	Fluorescent bulbs	31	22	18	12.5	12.5	9.8
Collection volume (t)	Batteries	11.6	8	9	9.6	12.9	13

Trends in the Amount of Disposed Non-Hazardous Waste (General Waste and Industrial Waste)

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
General waste (t)	36,546	30,217	95,433	105,987	115,576	119,265
Per base unit (t/m²)	0.0055	0.0044	0.0055	0.0059	0.0059	0.0059
Industrial waste (t)	10,642	7,863	16,942	21,382	22,410	22,194
Per base unit (t/m²)	0.0016	0.0010	0.0011	0.0016	0.0016	0.0015
Total (t)	47,188	38,080	112,375	127,369	137,986	141,460

Notes:

1. The amount of disposed industrial waste is in accordance with the Waste Management and Public Cleansing Act.

2. Waste emissions include estimates.

Boundary for Waste Emissions

	FY2019	FY2020	FY2021		FY2022		FY2023		FY2024
	FY2019	FY2020	General waste	Industrial waste	General waste	Industrial waste	General waste	Industrial waste	General waste	Industrial waste
No. of target facilities (facilities)	132	166	380	334	399	347	398	349	419	362
Total floor area (m²)	6,665,965	7,576,226	17,205,772	15,441,872	18,008,087	13,478,173	19,679,505	14,207,935	20,332,857	14,602,704

Notes:: 1. For FY2019 to 2020, facilities for which disclosure is required under the Act on the Rationalization etc. of Energy Use are included. However, some facilities are excluded.; 2. For FY2021 onward, facilities owned or hired by Mitsui Fudosan and consolidated subsidiaries that own buildings or have 100 or more employees, as well as a company with high CO₂ emissions (Mitsui Fudosan TG Smart Energy Co., Ltd.) are included.

Waste Recycling Ratio (Headquarters)

Period	Numerical target	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
FY2030	90%	80.30%	75.30%	72.40%	69.40%	78.20%	78.80%

Annual Cost for Fines and Penalties Relating to the Environmental Pollution

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Annual Cost for Fines and Penalties Relating to the Environmental Pollution (Yen)	0	0	0	0	0	0

Violation of Laws, Regulations, and Ordinances Relating to Environmental Pollution

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Number of Violation of Laws, Regulations, and Ordinances Relating to Air and Water Pollution	0	0	0	0	0	0
Number of Violation of Laws, Regulations, and Ordinances Relating to Soil Pollution	0	0	0	0	0	0
Number of Violation of Laws, Regulations, and Ordinances Relating to CFCs and Asbestos	0	0	0	0	0	0
Number of Violation of Laws, Regulations, and Ordinances Relating to Waste Disposal	0	0	0	0	0	0

Number of sites covered by recognized environmental management systems such as ISO 14001

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Number of Offices	0	0	0	0	0	0

ESG Data

Climate Change

Water Usage

Environmental Pollution and Resources

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