Star Asia Investment Corporation

Environmental initiatives

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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.

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