Environment (E) Related Numerical Objectives and Actual Performance




Based on our ESG policy, we have established environmental performance goals and monitor actual performance for our real estate portfolio.
| Metric | Unit | 2019 Base year |
2020 Actual |
2021 Actual |
2022 Actual |
2023 Actual |
2024 Actual |
2025 Actual |
2030 Target year |
||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FP7&FP8 | FP9&FP10 | FP11&FP12 | FP13&FP14 | FP15&FP16 | FP17&FP18 | FP19&FP20 | FP29&FP30 | ||||
| Energy consumption | MWh | 4,847 | 8,598 | 10,695 | 10,754 | 9,615 | 9,225 | * 9,071 | - | ||
| Energy consumption intensity | MWh/m² | 0.03097 | 0.03313 | 0.02882 | 0.02758 | 0.02450 | 0.02370 | 0.02356 | 0.02787 | ||
| Change from base year | % | - | + 7.0% | - 6.9% | - 10.9% | - 20.9% | - 23.5% | - 23.9% | - 10.0% | ||
| Change from previous year | % | - | + 7.0% | - 13.0% | - 4.3% | - 11.2% | - 3.3% | - 0.6% | |||
| Note) | Intensity denominator: Total floor area weighted by months of operation (m²) * : Obtained limited assurance from an independent third-party assurance provider |
|---|
| Metric | Unit | 2019 Base year |
2020 Actual |
2021 Actual |
2022 Actual |
2023 Actual |
2024 Actual |
2025 Actual |
2030 Target year |
||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FP7&FP8 | FP9&FP10 | FP11&FP12 | FP13&FP14 | FP15&FP16 | FP17&FP18 | FP19&FP20 | FP29&FP30 | ||||
| Scope 1 | CO₂ emissions | t-CO₂e | 106 | 344 | 583 | 566 | 501 | 496 | * 450 | - | |
| Non-CO₂ GHG emissions | t-CO₂e | - | - | - | 12 | 43 | 505 | * 534 | - | ||
| Scope 2 | Location-based | t-CO₂e | 1,973 | 3,008 | 3,277 | 3,342 | 3,018 | 2,775 | * 2,805 | - | |
| Scope 1 and 2 GHG emissions (excl. Non-CO₂ GHG emissions) |
t-CO₂e | 2,079 | 3,352 | 3,860 | 3,908 | 3,519 | 3,271 | 3,255 | - | ||
| Scope 1 and 2 GHG emissions | t-CO₂e | 2,079 | 3,352 | 3,860 | 3,920 | 3,562 | 3,776 | 3,789 | - | ||
| GHG emissions intensity, excluding non-CO₂ GHG emissions | t-CO₂e/m² | 0.01328 | 0.01292 | 0.01040 | 0.01002 | 0.00897 | 0.00840 | 0.00845 | 0.01195 | ||
| Change from base year | % | - | - 2.7% | - 21.7% | - 24.5% | - 32.5% | - 36.7% | - 36.4% | - 10.0% | ||
| Change from previous year | % | - | - 2.7% | - 19.5% | - 3.7% | - 10.5% | - 6.4% | + 0.6% | |||
| Note) |
Non-CO₂ gases: CH₄, N₂O, HFCs, PFCs, SF₆ and NF₃ Intensity denominator: Total floor area weighted by months of operation (m²) * : Obtained limited assurance from an independent third-party assurance provider |
|---|
| Metric | Unit | 2019 Base year |
2020 Actual |
2021 Actual |
2022 Actual |
2023 Actual |
2024 Actual |
2025 Actual |
2030 Target year |
||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FP7&FP8 | FP9&FP10 | FP11&FP12 | FP13&FP14 | FP15&FP16 | FP17&FP18 | FP19&FP20 | FP29&FP30 | ||||
| Scope 3 Cat. 1 | Purchased goods and services | t-CO₂e | 323 | 610 | 916 | 952 | 970 | 999 | 1,017 | - | |
| Scope 3 Cat. 2 | Capital goods | t-CO₂e | 36 | 697 | 181 | 205 | 737 | 600 | 173 | - | |
| Scope 3 Cat. 3 | Fuel- and energy-related activities (not included in Scope 1 or 2) |
t-CO₂e | 315 | 537 | 646 | 652 | 585 | 559 | 554 | - | |
| Scope 3 Cat. 5 | Waste generated in operations | t-CO₂e | 725 | 992 | 1,753 | 1,692 | 1,911 | 1,948 | 1,804 | - | |
| Scope 3 Cat. 13 | Downstream leased assets | t-CO₂e | 8,375 | 11,613 | 16,238 | 17,476 | 20,452 | 23,839 | * 25,849 | - | |
| Scope 3 GHG emissions | t-CO₂e | 9,774 | 14,449 | 19,734 | 20,977 | 24,655 | 27,945 | 29,397 | - | ||
| GHG emissions intensity | t-CO₂e/m² | 0.06245 | 0.05568 | 0.05318 | 0.05381 | 0.06282 | 0.07180 | 0.07635 | - | ||
| Change from base year | % | - | - 10.8% | - 14.8% | - 13.8% | + 0.6% | + 15.0% | + 22.3% | - | ||
| Change from previous year | % | - | - 10.8% | - 4.5% | + 1.2% | + 16.7% | + 14.3% | + 6.3% | |||
| Note) |
Scope 3 Cat. 1: Calculated based on services received during the reporting period and emission factors published by the Ministry of the Environment, Japan (MOEJ). Scope 3 Cat. 2: Calculated based on the increase in depreciation expenses and emission factors published by MOEJ. Scope 3 Cat. 3: Calculated based on the energy consumption used to calculate Scope 1 and Scope 2 emissions and emission factors published by MOEJ. Scope 3 Cat. 5: Calculated based on waste generated by type and treatment method, using emission factors published by MOEJ, including transportation-stage emissions. Scope 3 Cat. 13: Emissions associated with tenants’ business activities. Intensity denominator: Total floor area weighted by months of operation (m²) * : Obtained limited assurance from an independent third-party assurance provider |
|---|
| Metric | Unit | 2019 Base year |
2020 Actual |
2021 Actual |
2022 Actual |
2023 Actual |
2024 Actual |
2025 Actual |
2030 Target year |
||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FP7&FP8 | FP9&FP10 | FP11&FP12 | FP13&FP14 | FP15&FP16 | FP17&FP18 | FP19&FP20 | FP29&FP30 | ||||
| Water withdrawal | Measured value | thousand m³ | 212 | 213 | 254 | 318 | 408 | 508 | 562 | - | |
| Estimated value | thousand m³ | 34 | 131 | 282 | 306 | 306 | 323 | 311 | - | ||
| Total water withdrawal | thousand m³ | 246 | 344 | 536 | 624 | 714 | 831 | 873 | - | ||
| Water withdrawal intensity, excluding estimated values | m³/m² | 0.7920 | 0.6067 | 0.6054 | 0.7351 | 0.8765 | 1.0203 | 1.0825 | 0.7920 | ||
| Change from base year | % | - | - 23.4% | - 23.6% | - 7.2% | + 10.7% | + 28.8% | + 36.7% | ±0% | ||
| Change from previous year | % | - | - 23.4% | - 0.2% | + 21.4% | + 19.2% | + 16.4% | + 6.1% | |||
| Note) |
Estimated value: Estimated based on the average monthly water use per household by household size, as reported in the “Survey on Actual Conditions of Domestic Water Use” by the Bureau of Waterworks, Tokyo Metropolitan Government. Intensity denominator: Total floor area weighted by months of operation (m²) |
|---|
| Metric | Unit | 2019 Base year |
2020 Actual |
2021 Actual |
2022 Actual |
2023 Actual |
2024 Actual |
2025 Actual |
2030 Target year |
||
|---|---|---|---|---|---|---|---|---|---|---|---|
| FP7&FP8 | FP9&FP10 | FP11&FP12 | FP13&FP14 | FP15&FP16 | FP17&FP18 | FP19&FP20 | FP29&FP30 | ||||
| Waste generated | t | 1,172 | 2,616 | 3,662 | 3,825 | 4,368 | 4,603 | 4,331 | - | ||
| Recycling rate | % | 40.8% | 46.1% | 39.7% | 36.9% | 35.7% | 36.7% | 35.6% | - | ||
| Waste generated intensity | t/m² | 0.00572 | 0.00901 | 0.00953 | 0.00957 | 0.00994 | 0.01002 | 0.00926 | 0.00572 | ||
| Change from base year | % | - | + 57.5% | + 66.6% | + 67.3% | + 73.8% | + 75.2% | + 61.9% | ±0% | ||
| Change from previous year | % | - | + 57.5% | + 5.8% | + 0.4% | + 3.9% | + 0.8% | - 7.6% | |||
| Note) | Intensity denominator: Total floor area weighted by months of operation (m²) |
|---|
Signing of green lease contracts

Green lease is an agreement specifying that property owners and tenants shall cooperate to reduce environmental burden.
Since 2021, Star Asia Investment Corporation (“SAR”) has promoted the incorporation of Green Lease provisions upon signing lease contracts with tenants.
Ratio of green lease (※) 60.4% (As of July 31, 2026)
※Ratio of area leased under green leases to total rentable area.
Environment Preservation Investments

Efficient energy consumption and environmental preservation is being promoted mainly by the Sustainability Promotion Division, by examining the contents of construction works and specification of facilities, and renewing facilities etc. at appropriate timing and adequate specifications.
unit: thousand-yen
| Classification | Main Initiatives | 19FP (ended Jul. 31, 2025) |
20FP (ended Jan. 31, 2026) |
21FP (ended Jul. 31, 2026) |
Cumulative Amount from 11FP |
||||
|---|---|---|---|---|---|---|---|---|---|
| Capital Expenditures |
Expensed Expenditures |
Capital Expenditures |
Expensed Expenditures |
Capital Expenditures |
Expensed Expenditures |
Capital Expenditures |
Expensed Expenditures |
||
| Energy saving renovation costs |
Air-conditioning and BAS/BEMS | 183,884 | 20,641 | 99,631 | 22,357 | 127,813 | 26,508 | 1,462,258 | 173,200 |
| Installation of LED lighting | 32,554 | 1,932 | 60,831 | 2,981 | 1,130 | 0 | 471,239 | 18,750 | |
| Renovation of major equipment (delivery power, EV etc.) |
140,249 | 4,736 | 101,198 | 4,701 | 239,030 | 12,010 | 1,767,113 | 63,247 | |
| related to water resources | 8,294 | 628 | 11,224 | 1,886 | 42,279 | 6,782 | 120,142 | 18,429 | |
| Water conservation costs |
Maintenance of water storage tanks and septic systems | 0 | 3,738 | 0 | 3,152 | 0 | 3,014 | 0 | 32,646 |
| Greening conservation costs |
Plants refurbishment, maintenance of exterior plants |
0 | 10,837 | 0 | 5,224 | 0 | 10,961 | 0 | 79,428 |
| Total | 356,687 | 41,883 | 261,660 | 38,416 | 367,973 | 52,493 | 3,700,609 | 367,270 | |
Environmental initiatives

■Efforts in Urban Center Hakata
This property is the first office development project undertaken by Star Asia Sogo Kaihatsu which belongs to the Sponsor Group, and is a new multi-tenant type office building whose construction was completed.
Star Asia Group’s construction management division supervised the specifications from interior and exterior design and facilities to the final finishings, assuming the needs of the tenants entering the property.
Acquired BELS★★★
| ・ | BCP response (Install emergency-use USB ports) |
|---|---|
| ・ | Use of recycled water, rain water |
| ・ | Energy saving effect by use of automatic dimming lighting |
| ・ | Control humidity by use of desiccant outside air processing equipment |
| ・ | No-water injection humidifying which does not require installation of pipes in the exclusively owned areas |
■Promotion of LED lighting

【Suroy Mall Chikushino】

【Nishi-Shinjuku Matsuya Building】
From the perspective property operations and management caring for the environment, lighting changed to LED to suppress electricity consumption volume.
