Policy & System for Promoting Sustainability

Sustainability Policy

Established on March 1, 2022
Revised on July 25, 2025

　As the asset management company of TOKYU REIT, Inc. (“TOKYU REIT”), Tokyu Real Estate Investment Management Inc. (“Tokyu REIM”) pursues investment management with the aim of becoming a “100-year REIT (a REIT that continues to grow over 100 years).”
　Since its founding, TOKYU CORPORATION, the parent company of Tokyu REIM and the sponsor of TOKYU REIT, has a history of addressing social issues through its business activities by focusing on urban development based on railways, and it promotes its business based on its basic stance of sustainable management under the group’s slogan, “Toward a Beautiful Age.”
　With the ultimate objective of maximizing unitholder value of TOKYU REIT, Tokyu REIM has continually worked to improve the value of the portfolio and investment target areas by investing in highly competitive properties in areas with strong growth potential based on asset management that seeks to ensure growth, stability, and transparency, in addition to collaborating with TOKYU CORPORATION, the sponsor.
　As the asset management company of TOKYU REIT and as a member of the Tokyu Group, Tokyu REIM establishes the following Sustainability Policy based on the understanding that working to improve the sustainability of society is the most important issue in attaining sustainable growth and maximizing unitholder value over the medium to long term as well as in becoming a “100-year REIT.”

１．Adapting to Climate Change
Efforts to promote energy saving and utilize renewable energy will be made to reduce Greenhouse Gas (“GHG”) emissions at managed properties with the aim to achieve the target of net zero emissions by FY2050. In addition, in order to respond to the physical risks directly caused by disasters stemming from climate change and the transition risks associated with the tightening of regulations and social changes, the resilience of the portfolio will be strengthened and such risks will be reduced with the aim to acquire business opportunities adapted to climate change.

２．Contribution to Recycling-Oriented Society and Consideration for Biodiversity
Environmentally friendly initiatives will be promoted through the effective use of resources, including water saving and waste reduction at managed properties. In addition, efforts to understand the impact of business activities on the environment will be made by collecting and analyzing data on environmental burden.
By taking into consideration the impact of business activities on ecosystems and biodiversity, the emission of pollutants from managed properties will be reduced, contributing to the preservation of biodiversity.

３．Contribution to Local Communities
Aiming to improve the safety (disaster-preparedness and BCP measures, etc.), comfort and convenience of properties through dialogue and collaboration with tenants of managed properties and facility users, as well as local communities with the aim to develop together with the community.

４．Collaboration and Cooperation with Stakeholders
Engaging in dialogue with various stakeholders including unitholders, tenants of managed properties, business partners, local communities, officers, and employees of TOKYU REIT to build relationships of trust, initiatives for formation of a sustainable society in the entire supply chain will be promoted in cooperation with these stakeholders.

5．Respect for Human Rights
The individuality of each person will be respected by respecting human rights and not tolerating any forms of discrimination and degrading treatment. Efforts to prevent the violation of the human rights of those affected by business activities will be made based on the understanding that business activities may directly or indirectly have negative impacts on human rights.

6．Establishment of Work Environment in Consideration of DEI (Diversity, Equity and Inclusion) and Nurturing of Officers and Employees
Understanding that the cornerstone of asset management lies with human resources, the diversity of the officers and employees will be respected, efforts will be made to create an environment that allows flexible workstyles to be chosen, helping to maximize individual abilities, and proactive human resources development will be implemented with the aim to improve organizational capacity. In addition, efforts to improve the knowledge and awareness of officers and employees will be made by continuously implementing educational and awareness-raising activities regarding sustainability.

7．Establishment of Governance Structure
Understanding that outstanding governance is the source of competitiveness, efforts will be made to secure the effectiveness of a more advanced compliance and risk management structure. As investment managers, the officers and employees will recognize their social responsibility and public duties and each of them will not only comply with laws and regulations but also adhere to high ethical standards, performing their duties sincerely and appropriately, contributing to the sustainable growth of Tokyu REIM, TOKYU REIT and society.

8．Ensuring Transparency through Information Disclosure
Efforts will be made to establish a trusting relationship and ensure transparent management by proactively and continuously disclosing timely and appropriate information about sustainability initiatives to all stakeholders. As part of those efforts,  we will work to acquire and maintain environmental certifications and external evaluations.