Water Resource Initiatives

Some of the information has not been updated. Please check the Japanese website for the latest information.

Basic Approach

Inefficient use of water leads to waste of resources and adverse effects on the ecosystem. This not only has a negative impact on the global environment, but also increases building operation costs and regulatory compliance costs, and can become a deteriorating factor for the economic value of real estate. With regard to water usage issues, Japan has set regulations on wastewater discharge, including the Water Pollution Prevention Act. Depending on its class and region, real estate may also be subject to separate regional environmental regulations.
In light of our understanding of these issues, the Group maintains an appropriate understanding and manages the status of water usage within real estate management operations. We also make various efforts to improve water usage efficiency beyond legal compliance levels

Initiative Targets and Results

Initiative Targets

The Group targets a 20% reduction in water consumption by FY2030 (per-square-meter target compared to FY2018).

Items Targets
Reduction of water consumption 20% reduction by FY2030 (target water usage per square meter compared to FY2018)
  • *Prior to FY2021, the scope of calculation is the real estate portfolio held by the Group (excluding buildings designated to be sold and jointly owned buildings of which the Company has an ownership share of less than 25%).
    In FY2022, the scope of calculation is the real estate portfolio held by the Group (excluding inventories).

Results

  FY2018
(Base year)
FY2019 FY2020 FY2021 FY2022
Water consumption (m3) (actual) 475,140 604,937 375,102 ✓ 439,687 ✓ 530,304 ✓
  Water intake (m3) 467,961 597,088 369,481 409,393 497,687
  Fresh surface water 0 0 0 0 0
Brackish surface water/sea water 0 0 0 0 0
Groundwater 79,551 196,111 39,485 121,949 153,653
Water collected at quarries 0 0 0 0 0
External wastewater 0 0 0 0 0
Third-party water source (waterworks) 388,410 400,977 329,996 287,444 344,034
Greywater (m3) 4,408 4,869 3,330 17,769 19,773
Rainwater (m3) 2,771 2,980 2,291 12,525 12,268
Water consumption (m3) (annualized) 618,185 605,746 378,903 443,317 ✓ 538,533 ✓
Per-unit water consumption (annualized) (m3/m2) 1.07 1.02 0.62 ✓ 0.70 ✓ 0.77 ✓

Data marked with ✓are guaranteed by a third party.

  • Prior to FY2021, the scope of calculation is the real estate portfolio held by the Group (excluding buildings designated to be sold and jointly owned buildings of which the Company has an ownership share of less than 25%).
    In FY2022, the scope of calculation is the real estate portfolio held by the Group (excluding inventories).

Specific Initiatives

Business Activities in Water-stressed Regions

The Heiwa Real Estate Group does not earn revenue from business activities in regions where water stress is a concern, namely, regions with risk scores of three or above (High, Extremely High) based on the World Resource Institute (WRI) Aqueduct Survey.
Further, with regard to domestic business activities, Japan has been identified as having Low–Medium risks related to water and is certified as a region with relatively low water stress.

Use of Rainwater and Well Water

Group efforts to effectively utilize water resources include the installation of storage facilities facilitating the daily use of rainwater and the effective use of well water.

Introduction of Water-Saving Equipment

We are working to reduce the amount of water used at existing properties by gradually promoting renovation work facilitating the conversion to water-saving equipment.

Cooperation with Business Partner

We established the Tenant Guidelines for Environmental Concerns and call on everyone in the Group and all our business partners to help conserve water.
Additionally, lease agreements with tenants stipulate cooperation with environmental performance initiatives, specifying efforts that include remembering to shut of water faucets and prevent leaks.

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