Sustainability Initiatives
- Sustainability
Promotion Structure - Environmental
Initiatives - Social
Initiatives - Corporate
Governance - Acquisition of
External Assessments/
Certifications
Acquisition of External Assessments/Certifications
- GRESB
- Certification for CASBEE for Real Estate
- DBJ Green Building Certification
- BELS
- Low-Carbon Model Building
GRESB (Global Real Estate Sustainability Benchmark)
The Global Real Estate Sustainability Benchmark (GRESB) is an assessment system for measuring annually the Environmental, Social and Governance (ESG) awareness of real estate investment. It was developed in 2009 by major European pension funds and others.
Characteristically, the GRESB Real Estate Assessment evaluates the initiatives on sustainability of real estate companies, REITs and funds as a whole, instead of solely investigating individual real estate properties.
> More on GRESB (external link) > More on GRESB (external link)
■ Assessment Results
In the 2018 GRESB Real Estate Assessment, PIC has received a “Green Star” rating, highly evaluated in both dimensions of “Management and Policy” and “Implementation and Measurement” with regards to activities for environmental consideration and sustainability.
Moreover, PIC has received “4 Stars” in “GRESB Rating,” which is a five-grade evaluation system that awards applicants a relative evaluation based on total GRESB score.
Going forward, PIC and Premier REIT Advisors Co., Ltd., the asset management company for PIC, will continue our endeavors on promoting ESG awareness in all aspects of real estate investment and management operations, based on the Sustainability Policy.
Related Press Releases
- September 21, 2018 Notice Concerning GRESB Real Estate Assessment Results Notice Concerning GRESB Real Estate Assessment Results
| Type | Area | Property Name | Assessment | Date Certified |
|---|
Certification for CASBEE for Real Estate
Comprehensive Assessment System for Built Environment Efficiency (CASBEE) is a method for evaluating and rating the environmental performance of buildings and the built environment that was developed under the initiative of the Ministry of Land, Infrastructure, Transport and Tourism. The system is a comprehensive assessment of the quality of a building, evaluating features such as interior comfort and scenic aesthetics, in consideration of environment practices that include using materials and equipment that save energy or achieve smaller environmental loads. The CASBEE assessment is ranked in five grades: Superior (S), Very Good (A), Good (B+), Slightly Poor (B-) and Poor (C).
> More on CASBEE (external link) > More on CASBEE (external link)
■ Certified Properties
As of February 28, 2019
| Type | Area | Property Name | Assessment | Date Certified |
|---|---|---|---|---|
| Office | 5 Central Wards of Tokyo | Landic Shimbashi Building 1 | A | Oct. 31 2016 |
| Office | 5 Central Wards of Tokyo | Landic Shimbashi 2 Building | A | Oct. 31 2016 |
| Office | 5 Central Wards of Tokyo | Takadanobaba Center Building | A | Aug. 7 2015 |
| Office | 5 Central Wards of Tokyo | Urbannet Azabu Building | A | Mar. 16 2016 |
| Office | 5 Central Wards of Tokyo | Urbannet Ichigaya Building | A | Mar. 16 2016 |
| Office | 5 Central Wards of Tokyo | Urbannet Kojimachi Building | A | Mar. 27 2017 |
| Office | 5 Central Wards of Tokyo | Premier Toyocho Building | A | Aug. 7 2015 |
| Office | 5 Central Wards of Tokyo | Ueno TH Building | A | Aug. 23 2017 |
| Office | 5 Central Wards of Tokyo | Gotanda NT Building | A | Mar. 27 2018 |
| Office | 5 Central Wards of Tokyo | Urbannet Ikebukuro Building | A | Mar. 27 2017 |
| Office | 5 Central Wards of Tokyo | Urbannet Omori Building | S | Mar. 27 2017 |
| Office | 5 Central Wards of Tokyo | Premier Yokohama Nishiguchi Building | A | Mar. 16 2016 |
| Office | 5 Central Wards of Tokyo | NTT CRED Okayama Building | S | Mar. 27 2018 |
| Office | 5 Central Wards of Tokyo | Urbannet Shizuoka Ote-machi Building | S | Jan. 30 2019 |
| Office | 5 Central Wards of Tokyo | Urbannet Shizuoka Building | A | Jan. 30 2019 |
DBJ Green Building Certification
DBJ Green Building Certification Program was launched by Development Bank of Japan Inc. (DBJ) in April 2011 for the purpose of supporting the properties which give proper care to environment and society (Green Building).
The program evaluates, certifies and supports properties which are required by society and economy. It makes comprehensive assessment of properties, while evaluating various factors which range from properties’ environmental features to their communication with stakeholders, such as disaster prevention and proper care for surrounding communities.
> More on DBJ Green Building (external link) > More on DBJ Green Building (external link)
■ Certified Properties
As of February 28, 2019
| Type | Area | Property Name | Assessment | Date Certified |
|---|---|---|---|---|
| Residential 5 Central |
5 Central Wards of Tokyo |
Premier Blanc Yoyogikouen | ★★★☆☆ | Mar. 30 2018 |
BELS (Building Energy-efficiency Labeling System)
BELS is a system for third parties to evaluate and indicate energy conservation performance of non-residential buildings, based on the Evaluation Guidelines for the Building Energy-efficiency Labeling System for Non-Residential Buildings (2013).
>More on BELS (Japanese only) (external link) >More on BELS (Japanese only) (external link)
■ Certified Properties
As of February 28, 2019
| Type | Area | Property Name | Assessment | Date Certified |
|---|---|---|---|---|
| Office | Other 18 Wards of Tokyo |
Ueno Tosei Building | ★★★☆☆ | Feb. 27 2015 |
Low-Carbon Model Building
(Low-Carbon Small and Medium-Sized Model Building Certified by the Tokyo Metropolitan Government)
The “Low-Carbon Small and Medium-Sized Model Building” is an assessment index for low-carbon buildings (low-carbon building benchmark) announced by the Tokyo Metropolitan Government in May 2012, with an aim to create the real estate market in which low-carbon buildings featuring low CO2 emission are valued.
> More on Low-Carbon Model Building (Japanese only) (external link) > More on Low-Carbon Model Building (Japanese only) (external link)
■ Certified Properties
As of February 28, 2019
| Type | Area | Property Name | Assessment | Date Certified |
|---|---|---|---|---|
| Office | 5 Central Wards of Tokyo |
Premier Dogenzaka Building | A1- | Mar. 20 2014 |
| Office | 5 Central Wards of Tokyo |
Rokubancho Building | A4 | Mar. 20 2014 |
| Office | 5 Central Wards of Tokyo |
Urbannet Mita Building | A2 | Oct. 14 2014 |