Sustainability

SUSTAINABILITY

Achievement Of 100% RENEWABLE ENERGY

An estimated total of 300 million kWh of electric power will be replaced by renewable energy, leading to an annual reduction in CO2 emissions of approximately 130,000 tons (*1), the equivalent annual emissions derived from electric power in around 69,000 general households (*2). The fact that electricity from renewable energy sources can be used by customers in our buildings (*3) helps them to gain a reputation as a company that cares about the environment.

  • *1.The CO2 emission coefficient for general electricity transmission and distribution companies in the "Emission coefficients by electric power company (FY2022 performance)" published by the Ministry of the Environment and the Ministry of Economy, Trade and Industry is 438g-CO2/kWh (national average coefficient excluding Okinawa Electric Power Co., Inc.).
  • *2.Calculated based on an average household electricity consumption of 4,716 kWh/year (based on the Japan Photovoltaic Energy Association's "Display Guidelines 2023").
  • *3.Uses FIT non-fossil fuel energy certificates with tracking information. Information on the attributes of power stations can be linked to these certificates (renewable energy subject to the feed-in tariff systems), enabling the tracking of power stations using renewable energy, so the certificates can be used for RE100.
RE100 CLIMATE GROUP
*Facilities Subject to Our RE100 Commitments
As a signatory to RE100, which intends that businesses should commit to 100% renewable energy use in their operations, and after talks with CDP, which administers RE100, the facilities subject to our RE100 commitments are as follows.
RE100 Commitments Tokyo Land Corporation (non-consolidated) Facilities
Facilities Not Subject to Our Commitments
Facilities held temporarily, e.g., those intended for future sale
Facilities used in joint projects, wherein those facilities are developed and/or operated chiefly by companies other than Tokyu Land Corporation
Facilities where the tenant has entered into an electric power supply contract directly with the power company
Facilities powered by Tokyu Land Corporation's cogeneration equipment (included herein because the Japanese market has no supply recognized as "green gas" by the RE100)
100% renewable energy pertains to electricity, and includes electricity generated from renewable energy sources for which a non-fossil fuel certificate with tracking has been granted.

Major projects

Large-Scale Project

Shibuya Sakura Stage
SHIBUYA FUKURAS
Kudan-Kaikan Terrace

Office

SHIBUYA SOLASTA
TOKYO PORTCITY TAKESHIBA
SHINMEGURO TOKYU Building

Commercial Facilities

TOKYU PLAZA HARAJUKU HARAKADO
TOKYU PLAZA OMOTESANDO OMOKADO
Forestgate Daikanyama

Hotel

TOKYU Harvest Club TATESHINA
TOKYU Harvest Club VIALA
HAKONE HISUI
TOKYU Harvest Club VIALA
Kinugawa Keisui

Golf & Ski

Kiminomori Golf Club
TSURUMAI Country Club
NISEKO TOKYU Resort

Senior

Creer Residence YOKOHAMA-TOKAICHIBA
Grancreer SETAGAYA-NAKAMACHI
Grancreer TACHIKAWA

Other facilities

TENOHA Higashimatuyama
LOGI'Q minami-ibaraki
Business Airport Shinjuku 3-chome

For sectional ownership offices and commercial facilities, only the exclusive portion owned by our company will be switched.

TLC's Renewable Energy Business (ReENE)

We started developing solar power plants in fiscal 2014 and wind power plants in fiscal 2015, starting as new businesses in anticipation of the future increase in demand for renewable energy. In fiscal 2016, we set out to solve three social issues: "Realizing a decarbonized society," "Improving Japan's energy self-sufficiency," and "Developing the local economy," and established a department dedicated to renewable energy to aim for full-scale business expansion. As of the end of December 2020, our business scale has grown to one of the largest in Japan, with a total rated capacity of 1,145 MW and a total investment of over 230 billion yen, operating 35 solar power plants and three wind power plants nationwide, and developing 15 power plants.
We will continue to expand the capacity of renewable energy sources, including not only FIT (Feed-in Tariff) power plants but also non-FIT power plants, contribute to the realization of a decarbonized society, and play our role as an environmentally advanced company.

Total number of projects

114

Rated capacity

1,812MW

(As of October, 2024)

ReENE official site

*Japanese version only.