Identification of Material Issues (Materiality)

With the basic policy of conducting asset management that seeks growth, stability, and transparency, TOKYU REIT and Tokyu REIM have extracted social issues that are highly relevant to our business and identified materiality, recognizing material issues (materiality) for sustainable growth.

Identification Process

  • Step 1Derive and organize social issues
    After determining major stakeholders of TOKYU REIT and Tokyu REIM, we derived and organized, with respect to their expectations, relevant social issues in reference to the objectives and targets of SDGs (Sustainable Development Goals), ESG disclosure standards; items surveyed by assessment bodies; issues recognized in the REIT sector; the integrated reports and material sustainability themes (materiality) of the Tokyu Group and such.
  • Step 2Integration and consolidation of issues
    With regard to the abovementioned social issues, we organized issues from the perspective of significance considering efforts made by TOKYU REIT and Tokyu REIM thus far.
  • Step 3Reflection of opinions from officers, employees, and others
    We solicited opinions from all officers and employees of Tokyu REIM and also interviewed TOKYU REIT’s officers and Tokyu Corporation, the sponsor.
    In addition, we had an external specialized institution conduct a review.
  • Step 4Identification of material issues (materiality)
    Based on the results of Step 3, we identified material issues (materiality) to be addressed and worked to instill understanding among officers and employees of TOKYU REIT and Tokyu REIM through information sharing.
Material Issues (Materiality)

SDGs Linked to Material Issues (Materiality)

TOKYU REIT and Tokyu REIM will contribute to the achievement of SDG sthrough efforts on the following material issues (materiality).

Material Issues (Materiality) Relevant SDGs
E (Environment) Reduction of energy consumption and greenhouse gas (GHG) emissions
Reduction of water consumption and waste
S (Social) Information disclosure to and dialogues with stakeholders
Improvement of safety and comfort of tenants
Contributing to the development of communities
Allocation and development of personnel sufficient in both quality and quantity
Creation of a healthy organization culture and work environment
G (Governance) Development and operation of a process that ensures highly workable governance
Promotion of compliance and risk management

SDGs (Sustainable Development Goals) are global initiatives spearheaded by the United Nations, were adopted as the 2030 Agenda at the United Nations Sustainable Development Summit held in September 2015. Specific goals that should be achieved globally by 2030 are presented in 17 goals and 169 targets, and companies worldwide are expected to contribute to their achievement as well.

SDGs Linked to Material Issues (Materiality)

Concrete Initiatives (Go to TOKYU REIT's website)