Environmental Initiatives Collaboration with Tenants and Property Management Companies
Selection and Evaluation of Property Management Companies
In order to secure stable earnings and maintain and improve the value of assets, SHR has established criteria for selecting property management companies to which such management may be entrusted. In principle, SHR monitors and evaluates the performance of property management companies' management operations once a year through external evaluation organizations, and verifies their appropriateness.
In addition to the company's property management capabilities and operational systems, its organizational structure for promoting corporate sustainability and the energy conservation promotion system for managed properties are also subject to evaluation. For property management companies that receive low ratings on sustainability-related items as a result of the monitoring, SHR interviews them to share details of SHR's approach to sustainability and supports them in promoting initiatives as one.
Initiatives to Reduce Energy Consumption
SHR asks property management companies to make suggestions for energy conservation in the managed properties. For office buildings, we also share the results of the CO₂ emissions reduction potential diagnoses conducted by SHR with property management companies to work together for the purpose of reducing environmental impact.
At Akasaka Garden City, tenant companies are regularly convened to hold the CO₂ reduction promotion meeting. At the meeting, energy consumption and CO₂ emissions are reported to each tenant, and explanations on energy conservation are provided in conjunction with these reports to raise environmental awareness.
Materials of the CO₂ Reduction Promotion Meeting (excerpt)
Promotion of Green Leasing
Green leasing refers to the establishment and implementation of environmental provisions in lease agreements with tenants of owned properties. SHR promotes the conclusion of green lease agreements with tenants, and accelerates environmental efforts by establishing a system for mutual cooperation to share ideas on maintaining and improving the comfort and productivity of owned properties with the tenants from the perspective of energy conservation and environmental consideration. SHR has set a target (KPI) for the percentage of introduction of green lease agreements, and the result are as follows.
Green Lease Agreement
KPI: Achieve 25% or more of the portfolio with green lease agreement by FY 2030
(Note)The percentage of portfolio with green lease agreement is calculated as the ratio of the area under green lease agreements to the leasable area.
