Sustainability Policy

Tokyu Land Capital Management Inc. (the “Company”) established the sustainability policy on June 1, 2018, to realize “development of society through the development and provision of high-quality real estate investment services,” reflecting its management philosophy, by including the perspectives of environment, social and governance (ESG) in real estate investment management operations.

Signatory to Initiatives

The Company became a signatory member to the Principles for Responsible Investment (PRI) as of June 2019, in agreement with the underlying concept.

Overview of PRI
The PRI is a set of investment principles established for the financial industry in 2006 under the leadership of the then United Nations Secretary-General Kofi Annan. The aim is for companies to include ESG factors in their decision-making processes on investment and enhance the long-term investment performance of their beneficiaries. The PRI is comprised of the following six principles.

The six Principles for Responsible Investment
・Principle 1
　We will incorporate ESG issues into investment analysis and decision-making processes.
・Principle 2
　We will be active owners and incorporate ESG issues into our ownership policies and practices.
・Principle 3
　We will seek appropriate disclosure on ESG issues by the entities in which we invest.
・Principle 4
　We will promote acceptance and implementation of the Principles within the investment industry.
・Principle 5
　We will work together to enhance our effectiveness in implementing the Principles.
・Principle 6
　We will each report on our activities and progress towards implementing the Principles.

Task Force on Climate-related Financial Disclosures

We expressed our support for the recommendations announced by the Task Force on Climate-related Financial Disclosures (TCFD).

Overview of TCFD
At the request of the G20, the Financial Stability Board, which consists of the central banks of respective countries and other authorities, established TCFD in December 2015. TCFD announced a final report in June 2017, and recommends companies to disclose the following four items regarding the risks and opportunities related to climate change as tax information.
  Governance
  Strategy
  Risk Management
  Metrics and Targets