Sustainability Initiatives
- Sustainability
Promotion Structure - Environmental
Initiatives - Social
Initiatives - Corporate
Governance - Acquisition of
External Assessments/
Certifications
Acquisition of External Assessments/Certifications
- Status of Acquisition of Environmental Certification for Individual Properties
- GRESB
- Certification for CASBEE for Real Estate
- DBJ Green Building Certification
- BELS
- Low-Carbon Model Building
Status of Acquisition of Environmental Certification for Individual Properties
As of October 31, 2020
| Number of Properties that Acquired Certification | Percentage of Certified Properties (based on number of properties) |
Acquired Area (total floor area) |
Percentage of Certified Properties (total floor area) |
|
|---|---|---|---|---|
| Certification for CASBEE for Real Estate | 17 | 29.3% | 188,280.66㎡ | 47.7% |
| DBJ Green Building Certification | 3 | 5.2% | 13,905.98㎡ | 3.5% |
| BELS | 1 | 1.7% | 6,868.83㎡ | 1.7% |
| Low-Carbon Model Building | 3 | 5.2% | 26,048.89㎡ | 6.6% |
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)
■ Assessment Results
PIC has been selected as a “Sector Leader”, which is awarded for participants who achieved the highest GRESB Overall Score (and those who are within 1.0 point from the top performer) for Diversified - Office/Residential sector in Asia. PIC has also received “4 Stars” in GRESB Rating, which is based on GRESB Overall Score and its quintile position relative to global participants. Moreover, PIC won a “Green Star” designation for the 4th consecutive year, indicating the participant had been highly evaluated in both aspects of “Management Component” and “Performance Component” with regards to activities for environmental consideration and sustainability.
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 Information
- November 25, 2020 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)
■ Certified Properties
As of October 31, 2020
| Type | Area | Property Name | Assessment | Date Certified |
|---|---|---|---|---|
| Office | 5 Central Wards of Tokyo | Landic Shimbashi Building | 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 | Jul. 31 2020 |
| Office | 5 Central Wards of Tokyo | Urbannet Azabu Building | A | Mar. 16 2016 |
| Office | 5 Central Wards of Tokyo | Granpark | S | Jun. 30 2020 |
| Office | 5 Central Wards of Tokyo | Urbannet Kojimachi Building | A | Mar. 27 2017 |
| Office | Other 18 Wards of Tokyo | Premier Toyocho Building | A | Jul. 31 2020 |
| Office | Other 18 Wards of Tokyo | Ueno TH Building | A | Aug. 23 2017 |
| Office | Other 18 Wards of Tokyo | Gotanda NT Building | A | Mar. 27 2018 |
| Office | Other 18 Wards of Tokyo | Urbannet Ikebukuro Building | A | Mar. 27 2017 |
| Office | Other 18 Wards of Tokyo | Urbannet Omori Building | S | Mar. 27 2017 |
| Office | Other 18 Wards of Tokyo | Sphere Tower Tennozu | S | May 29 2020 |
| Office | Urban Areas Surrounding Tokyo | Premier Yokohama Nishiguchi Building | A | Mar. 16 2016 |
| Office | Major Regional Cities | NTT CRED Okayama Building | S | Mar. 27 2018 |
| Office | Major Regional Cities | Urbannet Shizuoka Ote-machi Building | S | Jan. 30 2019 |
| Office | Major Regional Cities | Urbannet Shizuoka Building | A | Jan. 30 2019 |
| Office | Major Regional Cities | Urban Ace Higobashi Building | S | Sep. 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)
■ Certified Properties
As of October 31, 2020
| Type | Area | Property Name | Assessment | Date Certified |
|---|---|---|---|---|
| Residential | 5 Central Wards of Tokyo |
Roppongi Green Terrace | ★★★☆☆ | Sep. 6 2019 |
| Residential | 5 Central Wards of Tokyo |
Premier Rosso | ★★★☆☆ | Sep. 6 2019 |
| Residential | 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)
■ Certified Properties
As of October 31, 2020
| 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)
■ Certified Properties
As of October 31, 2020
| 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 |