Takara Leben Group’s CSR Strategies

CSR Basic Policy

The Takara Leben Group will achieve its corporate vision of “THINK HAPPINESS AND MAKE THE HAPPINESS” while working to earn the trust of various stakeholders and society. We will contribute to solutions to social issues and achieving the Sustainable Development Goals (SDGs) by undertaking CSR initiatives through our business including supplying housing and introducing natural energy as we strive for continuous growth.

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CSR Promotion Framework

To link CSR activities to the improvement of corporate value for all Group companies, the Takara Leben Group is building a promotion framework which spans across all companies. We are also building a vertical promotion framework unifying management with business activities by making decisions and reporting at our Executive Committee meetings as appropriate. In addition, we are organizing training for executives of all Group companies and staff in charge of CSR. We are also providing opportunities for information sharing and discussion with ground staff. Moving forward, we will further strengthen our activities and create new value by creating environments where employees can take ownership in working on CSR activities, and by reaffirming awareness of critical issues.

  • Representative Director
  • Executive Committee
    • Frequency: Once each month
      Participants: Directors, auditors, and executive officers
      Content: Decision on measures; confirmation of progress
  • Executive in charge of CSR
  • CSR Promotion Team
    • Scope of work: Formulation of direction; proposal of measures; implementation and awareness-raising of measures; progress management
  • Takara Leben Group CSR staff
    • Business activities: Execution of policies and progress management

Process of Selecting Key CSR Themes and Identifying Key Issues

At the Takara Leben Group, we have identified key CSR themes and key issues through the following steps.

  • STEP1Grasp and organize social issues
  • We identified 31 issues relating to the business environment based on GRI, SDGs, SASB and other international guidelines, as well as our Group philosophy and Medium-Term Management Plan and demands from our customers, shareholders and investors, local communities, employees and other stakeholders.
  • STEP2Evaluate significance from the Takara Leben Group’s perspective
  • We utilized questionnaires completed by all employees including management and officers to identify relations between social issues and our business and Group philosophy, and rank them in accordance with priority.
  • STEP3Evaluate importance from our stakeholders’ perspectives
  • We utilized questionnaires completed by customers, shareholders and investors, and business partners and drew on international guidelines such as the GRI and the SDGs to rank issues.
  • STEP4Identify key issues
  • Priorities were revised from the perspectives of the Takara Leben Group and our stakeholders, a review was conducted by management, and then the key issues were identified.
  • STEP5Set policies for key CSR themes
  • Policies were set for the four key CSR themes.
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The 15 Issues Identified
  • 1Support for diversifying lifestyles and globalization
  • 2Responses to changes to business models brought by an ageing society and depopulation
  • 3Urban development and creating towns
  • 4Construction and maintenance of a corporate governance system
  • 5Promoting compliance
  • 6Employee health management
  • 7Encouraging the strong roles of diverse human resources
  • 8Providing safe, secure products and services
  • 9Improving customer satisfaction
  • 10Improving value of buildings
  • 11Providing buildings and spaces that consider the environment and culture
  • 12Responses to global warming
  • 13Initiatives for renewable energy
  • 14Effective use of resources
  • 15Responses to disasters
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GRESB

Takara Leben participated in the fiscal 2021 GRESB* Infrastructure Asset Assessment for the third consecutive year. Compared to last year, our overall score was improved in a particularly positive assessment of Takara Leben Infrastructure Fund’s solar power generation facilities and our own ESG-related policy and target settings, and disclosure of our ESG initiatives. We also received four out of five Stars, which again was better than last year, in the GRESB Rating calculated relative to global performance.

Takara Leben Infrastructure Fund also participated in the GRESB Infrastructure Fund Assessment for the third consecutive year, receiving the highest possible five Stars in the GRESB Rating and being selected as Asia Sector Leader.

In addition, Takara Leben Real Estate Investment Corporation received a Green Star in the fiscal 2021 GRESB Real Estate Assessment for the third consecutive year in a positive assessment of both management and performance relating to ESG.

* GRESB is the name of a series of annual benchmarks, and their operating body, for measuring the performance of environmental, social and governance (ESG) criteria of companies and funds that own and operate real assets such as real estate properties and infrastructure facilities. GRESB was established in 2009 primarily by major European pension fund groups that led the Principles for Responsible Investment (PRI).

GRESB
GRESB Infrastructure Fund

Takara Leben Signs UN Global Compact

In 2020, the Takara Leben Group signed the United Nations Global Compact promoted by the UN and registered as a participating company.
We will continue our efforts to achieve the Ten Principles of the UN Global Compact in four areas: human rights, labour, environment, and anti-corruption.

* The United Nations Global Compact was proposed by then UN Secretary-General Kofi Annan in 1999 at the World Economic Forum in Davos and was launched in 2000.

Takara Leben Signs UN Global Compact UN Global Compact

Message from Executive in Charge of CSR

Kazuyuki Shimizu Director, COO and Vice President Executive Officer
Kazuyuki Shimizu
Director, COO and Vice President Executive Officer

The Takara Leben Group has contributed to urban and community development through the provision and management of residences. Among our long-standing ESG initiatives are business in clean energy fields including development of solar power condominiums as well as development and operation of mega solar power generation facilities.

As the ideals of society and lifestyles undergo major changes amidst increasingly severe climate change issues and the spread of COVID-19, the roles demanded of companies and the expectations of stakeholders are increasing in conjunction with the spread of the SDGs, and we are being required to make ever greater reforms.

The Takara Leben Group addressed ESG responses in the previous Medium-Term Management Plan, by identifying key issues, linking them with key CSR topics for the Group and the SDGs, and formulating policies. Actively addressing ESG is one element of the new Medium-Term Management Plan announced in May 2021, and we have set KPIs for this fiscal year in order to steadily implement measures. We believe that in order to carry out more effective measures, it is extremely important that each employee have an awareness of the roles of their own jobs within society and the significance of those roles, and further, that we create environments where Takara Leben Group employees can work with vitality and transform the Group into an organization with more diverse values.

With our corporate vision—THINK HAPPINESS AND MAKE THE HAPPINESS—in mind, we will contribute to solving society’s issues through our business in a way that links to sustainable growth. We look forward to your continued support in the future.

Kazuyuki Shimizu Director, COO and Vice President Executive Officer
Kazuyuki Shimizu
Director, COO and Vice President Executive Officer

Participation in Industry Groups, Keidanren, and Other Organizations

The Real Estate Companies Association of Japan
National Residential Industries Association
Real Estate Fair Trade Council
Keidanren (Japan Business Federation)

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