Environmental
Sustainable Real Estate
Preserve & Enhance Existing Buildings to End Wasteful Demolish & Rebuild
- Lengthen useful life of existing real estate
- Shrink footprint by reducing demolition waste and use of raw materials, energy, and human effort for construction
Solar and Wind Energy: Safe and Clean
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Annual Power Generation
217,758,958 kWhEquivalent to annual energy consumption of 72,586 householdsThe Federation of Electric Power Companies of Japan
Annual energy consumption per household 3,000kWh -
Annual CO2 Reduction
124,281,000 kgEquivalent to annual CO2 emission of 54,035 carsMinistry of Environment
Annual CO2 emission per car c. 2,300kg
(July 2021 to June 2022 – Total Of Ichigo and Ichigo Green)
Natural Disaster Response
No injuries or damages at any Ichigo asset or power plant from recent natural disasters
Robust Assets
- Real estate: continuous improvements to safety & functionality via value-add capex
- Power plants: site selection and construction based on detailed specifications customized to local geography
Robust BCP & Real-Time Response
- Pre-typhoon preventative measures (water shielding, sandbags, etc.) & on-site checks
- Overwhelming priority is safety of tenants: on-the-ground confirmation & onthe-ground response
- Ichigo engineering team immediate response: same day on-site safety and engineering inspections to prevent secondary damage and losses
- Developed & deployed proprietary Susport software system for real-time information sharing & emergency response
Environmental Certifications
GRESB
Since its launch in 2009, GRESB has assessed the performance of various property companies and funds around the world, establishing a global standard for ESG benchmarking that is now applied to a broader and more diverse class of real assets. Today, more than 150 GRESB investor members who are some of the largest pension funds and their fiduciaries, including the Government Pension Investment Fund (GPIF) and several investors in Japan, use the GRESB data in their investment management and engagement process to better understand the sustainability risks and opportunities intrinsic to their real assets investments.
In the 2023 GRESB Real Estate Assessment, Ichigo Hotel was awarded Two Stars in the GRESB Rating (maximum five stars), based on the quintile position of Ichigo Hotel's GRESB Overall Score relative to global participants. Ichigo Hotel won a “Green Star” designation for the third consecutive year, exemplifying Ichigo Hotel’s high achievement in areas of ESG-related policies and organizational setup (the “Management Component”), and the environmental performance of its assets as well as tenant engagement (the “Performance Component”).
Ichigo Hotel also received the highest “A” GRESB Public Disclosure Level, which measures the quality of ESG disclosures by REITs and listed property companies.
BELS
The Building-housing Energy-efficiency Labeling System, or BELS, is a Japanese government evaluation system that assesses the energy efficiency of non-residential buildings. A third-party organization evaluates both new and existing buildings using a Building Energy Index based on Japan’s national energy-efficiency standards. BELS ranks energy efficiency by awarding up to five stars.
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4 Stars
★★★★☆ -
Hotel Livemax Nihombashi-Hakozaki
4 Stars
★★★★☆ -
Hotel Wing International Kobe Shin Nagata Ekimae
3 Stars
★★★☆☆ -
2 Stars
★★☆☆☆
CASBEE Sapporo
Aiming to promote environmentally-friendly buildings, CASBEE Sapporo (Sapporo Building Environmental Consideration System) is a system that requires owners of new buildings and buildings undergoing renovations with a total area of 300m2 or more to conduct self-evaluations of the environmental performance of its buildings, and submit the evaluation results (a building environmental consideration plan) to Sapporo City.
Environmental Performance
GHG Emission Reduction
This table can be scrolled horizontally.
FY20/2 Actual | FY21/2 Actual | FY22/2 Actual | |||
---|---|---|---|---|---|
Number of Assets (Including assets acquired/sold) |
22 | 23 | 23 | ||
Energy Consumption | Total Amount [mWh] |
44,174.54 | 25,224.34 | 28,433.56 | |
Intensity [mWh/m2] |
0.569 | 0.536 | 0.480 | ||
(Renewable Energy) [mWh] |
(-) | (-) | (272) | ||
Greenhouse Gas Emissions | Scope 1+2 | ||||
Location-based [t-CO2] |
12,200.66 | 7,733.69 | 8,434.19 | ||
Market-based [t-CO2] |
12,082.43 | 7,908.81 | 8,601.63 | ||
Scope 1+2+3 | |||||
Location-based [t-CO2] |
16,270.26 | 11,267.12 | 12,174.21 | ||
Market-based [t-CO2] |
16,152.03 | 11,442.23 | 12,341.66 | ||
Water Usage | Total Amount [m3] |
349,430.24 | 213,526.30 | 270,436.00 | |
Intensity [m3/m2] |
4.497 | 4.536 | 4.566 |
GHG Emission Reduction Targets
By 2030 | |
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GHG Emission (Scope 1+ Scope 2) | 50% reduction (vs. FY19/2) |
GHG Emission (Scope 3) | 30% reduction (vs. FY19/2) |
・By 2050: Net-zero, climate positive
Shift to Renewable Energy
Target: Source 100% renewable energy across Ichigo Hotel's operations by 2024
(In line with sponsor Ichigo's target to achieve RE100 commitments).