An estimated total of 300 million kWh of electric power will be replaced by renewable energy, leading to an annual reduction in CO2 emissions of approximately 130,000 tons (*1), the equivalent annual emissions derived from electric power in around 69,000 general households (*2). The fact that electricity from renewable energy sources can be used by customers in our buildings (*3) helps them to gain a reputation as a company that cares about the environment.
*1.The CO2 emission coefficient for general electricity transmission and distribution companies in the "Emission coefficients by electric power company (FY2022 performance)" published by the Ministry of the Environment and the Ministry of Economy, Trade and Industry is 438g-CO2/kWh (national average coefficient excluding Okinawa Electric Power Co., Inc.).
*2.Calculated based on an average household electricity consumption of 4,716 kWh/year (based on the Japan Photovoltaic Energy Association's "Display Guidelines 2023").
*3.Uses FIT non-fossil fuel energy certificates with tracking information. Information on the attributes of power stations can be linked to these certificates (renewable energy subject to the feed-in tariff systems), enabling the tracking of power stations using renewable energy, so the certificates can be used for RE100.
*Facilities Subject to Our RE100 Commitments As a signatory to RE100, which intends that businesses should commit to 100% renewable energy use in their operations, and after talks with CDP, which administers RE100, the facilities subject to our RE100 commitments are as follows. RE100 Commitments Tokyo Land Corporation (non-consolidated) Facilities Facilities Not Subject to Our Commitments Facilities held temporarily, e.g., those intended for future sale Facilities used in joint projects, wherein those facilities are developed and/or operated chiefly by companies other than Tokyu Land Corporation Facilities where the tenant has entered into an electric power supply contract directly with the power company Facilities powered by Tokyu Land Corporation's cogeneration equipment (included herein because the Japanese market has no supply recognized as "green gas" by the RE100) 100% renewable energy pertains to electricity, and includes electricity generated from renewable energy sources for which a non-fossil fuel certificate with tracking has been granted.
Major projects
Large-Scale Project
Shibuya Sakura Stage
SHIBUYA FUKURAS
Kudan-Kaikan Terrace
Office
SHIBUYA SOLASTA
TOKYO PORTCITY TAKESHIBA
SHINMEGURO TOKYU Building
Commercial Facilities
TOKYU PLAZA HARAJUKU HARAKADO
TOKYU PLAZA OMOTESANDO OMOKADO
Forestgate Daikanyama
Hotel
TOKYU Harvest Club TATESHINA
TOKYU Harvest Club VIALA HAKONE HISUI
TOKYU Harvest Club VIALA Kinugawa Keisui
Golf & Ski
Kiminomori Golf Club
TSURUMAI Country Club
NISEKO TOKYU Resort
Senior
Creer Residence YOKOHAMA-TOKAICHIBA
Grancreer SETAGAYA-NAKAMACHI
Grancreer TACHIKAWA
Other facilities
TENOHA Higashimatuyama
LOGI'Q minami-ibaraki
Business Airport Shinjuku 3-chome
※For sectional ownership offices and commercial facilities, only the exclusive portion owned by our company will be switched.
TLC's Renewable Energy Business (ReENE)
Tokyu Land Corporation is developing its renewable energy business under the brand 'ReENE.' They also collaborate with Reene Co., Ltd. (100% owned by Tokyu Land) and Reene Energy Co., Ltd. (a wholly owned subsidiary of Tokyu Land Holdings) to push forward projects as a group, from developing renewable power plants and storage facilities, asset management, and operation & maintenance, to electricity supply and aggregation. The goal is to quickly and strategically respond to changes in the renewable energy market, further expand their presence in the industry, and establish renewable energy as a new source of revenue alongside Tokyu Land Holdings' real estate business.
