ESG initiatives Environment

Energy Efficiency

Environment Management System (EMS)

Environment Management System (EMS)

  • United Urban endeavors to collet environment data at its properties through smart meters installed and from partner companies every month. Those data include energy consumption, water consumption and waste. The collected data is analyzed by external energy experts and the PDCA cycle is followed to decrease environmental footprint at properties of United Urban. In November 2024, we acquired Eco Action 21 certification, an environmental management system formulated by the Ministry of the Environment of United Urban, for an entire portfolio of 132 properties* as a means of promoting environmental management that realizes sustainable growth in both society and United Urban.
    • *All properties in the portfolio excluding land interest properties.
  • Based on the measured results of electricity consumption, MRA's Sustainability Strategy Office and energy experts conduct annual energy conservation diagnoses with a focus on retail properties and hotels that consume relatively a large amount of electricity.
  • The Sustainability Strategy Office hashes out an operational improvement plan for electricity consumption and works with the Asset Management Departments and our partner companies to execute the improvement plan.
  • A year after the initial diagnosis, a follow-up diagnosis takes place. In addition to reviewing the energy conservation measures, it clarifies issues of execution in the improvement plan with partner companies.
  • Furthermore, the management criteria (manual) stipulated in the Energy Saving Act (Act Concerning the Rational Use of Energy) is regularly reviewed for each property, and efforts are made towards continuous energy saving.
Operation of Environment Management System
Energy consumption diagnosis at SS30
Energy consumption diagnosis at SS30
Marubeni REIT Advisors, DFF Inc.

Switch to Renewable Energy

Switch to Renewable Energy

  • In UUR, "Energy consumption and management, utilization of renewable energy" has been identified as materiality issues, and medium- to long-term action goals have been set as follows: "(1) Reduce total portfolio Scope 1 and Scope 2 GHG emissions by 42% by 2030 (compared to 2021)(ii) By 2050, Reduce total GHG emissions including value chain (Scope 3) to net zero."
  • In order to achieve the target, we have been procuring FIT non-fossil certificates through auctions on the renewable energy value exchange since 2020, in addition to switching the electricity menu. We are working to reduce the total amount of electricity-derived GHG emissions (Scope 2). In FY2023, we made approximately 24% of the total electricity used by the properties for which UUR is authorized to manage renewable energy.
Total renewable energy use
  • *1Total renewable energy use from December 2022 to November 2023.
  • *2All electricity supplied is derived from substantial renewable energy sources, utilizing FIT non-fossil certificates and non-FIT non-fossil certificates with renewable energy designations.

Installation of Solar Power Generation System

Photovoltaic panels have been installed on the rooftops of logistics facilities owned by the entity to generate renewable energy.

No. of properties monitored Power Generation in FY2024
Property with Photovoltaic Equipment 3 properties 1,688MWh
  • *As for the amount of electricity generated, the total amount of electricity generated from December 2023 to November 2024 for properties with photovoltaic power generation facilities that were able to be aggregated.
Marubeni REIT Advisors, DFF Inc.

Setting of internal carbon pricing

Setting of ICP (Internal Carbon Price)

Unietd Urban believes that the introduction of "additional" renewable energy, which aims to reduce GHG emissions through newly installed power generation facilities, becomes a more direct driver to make a net-zero society realized. And, we have set ICP as a critera when considering introductions of "additional" renewable energy.
United Urban will further reduce GHG emissions by promoting "additional" renewable energy, such as corporate PPA, based the use of ICP.

  • Scope of application: Part of scope 2 and scope 3 (category 13)
  • Set price: Not disclosed
  • How to use: Introduction of "additional" renewables, such as corporate
Marubeni REIT Advisors, DFF Inc.

Green House Gas (GHG) Emission

Green House Gas (GHG) Emission

GHG Emission at Office Buildings - Intensity (Gross Floor Area) Based -
Marubeni REIT Advisors, DFF Inc.

Received the Yokohama Climate Change Countermeasures Award

Received the Yokohama Climate Change Countermeasures Award

The City of Yokohama awards the "Yokohama Climate Change Countermeasures Award" every year to businesses that have made significant reductions in greenhouse gas emissions and other outstanding achievements under the Yokohama City Action Plan for Global Warming Countermeasures System (Note).
For fiscal year 2022, six projects, including UUR, were selected for awards from among the 310 projects that submitted reports in fiscal year 2021 (announced in June 2022).
Since fiscal year 2012, UUR has continued to upgrade facilities that contribute to energy conservation, such as replacing air conditioning equipment with high-efficiency equipment and promoting the switch to LED lighting at the five properties that are eligible for the award.
In the future, we plan to update the elevator control and switch to LED lighting in the lots, mainly in the common areas.

Pacific Marks Yokohama East
Pacific Marks Yokohama East
Pacific Marks Shin-Yokohama
Pacific Marks Shin-Yokohama
Yokohama Climate Change Countermeasures Award Certificate
Yokohama Climate Change Countermeasures Award Certificate
  • Note:In Yokohama City, businesses that emit greenhouse gases above a certain size are required to submit a greenhouse gas reduction plan and an annual performance report in order to reduce greenhouse gas emissions in Yokohama City, based on the Yokohama City Ordinance on Living Environment Conservation.
Marubeni REIT Advisors, DFF Inc.