Tokyu Construction Group's Sustainability

Leveraging the public trust in the Tokyu brand and our know-how and engineering in town planning, the Tokyu Construction Group fulfills each individual customer’s dreams through the creation of a reassuring and comfortable living environment. Through our businesses, we address various issues confronting our customers and society, which change day by day, and create value that we share with society and communities to enhance our corporate value in a sustainable manner.

The Tokyu Construction Group has identified six material issues to be prioritized based on the perspective of stakeholders and the impact on our corporate value.

In formulating our new vision announced in 2021 and our long-term management plan towards 2030, we identified our material issues (key management challenges) at a meeting of the Board of Directors by recognizing the surrounding environment, risks, and opportunities, and considering the importance to stakeholders and the impact on enhancing corporate value.

To flexibly respond to changes in the economic environment, we have established a system to comprehensively identify risks and review our materiality on an annual basis.

In accordance with our corporate vision and management plan, we practice sustainability-oriented corporate management with a focus on decarbonization, zero waste and disaster risk reduction in order to solve social issues and create economic value. Through this effort we aim to provide new prosperity to all our stakeholders (customers, subcontractors, employees and their families, shareholders and society) and enhancing our corporate value in a sustainable manner. We identify issues relevant to our corporate sustainability as material issues, carry out initiatives to address these issues, and report our progress to the Board of Directors. In addition, in order to flexibly deal with environmental changes, we identify our medium- to long-term risks and opportunities and review them annually by setting up a system to exhaustively uncover risks from events and factors that may impact our business operations or hinder management.
In light of these risks, the situation across the company is monitored by the Council of Business Unit Managers, which checks and shares information on the state of corporate operations, as well as by top management, and the Board of Directors through quarterly business monitoring. For individual cases concerning construction orders, real estate transactions, venture investments and other business investments, we established cross-organizational Head Office Risk Management Council, Orders Received Council, Overseas Orders Council, Real Estate Transaction Review Board, Business Investment Review Board, and Venture Investment Committee, each of which examines risks in advance and monitors them.

The Sustainability Committee, which reports and discusses sustainability-related issues, held discussions during the current fiscal year on topics including climate change, raising GHG emission reduction targets, human rights due diligence, biodiversity, and information disclosure.

Respect for Human Rights

Our group has established the Tokyu Construction Group Human Rights Policy to promote carry out efforts initiatives that to respect the human rights of all people involved in our business activities.

We believe that it is important to keep informed of the Company's issues and what stakeholder expectations are through communicating with all our stakeholders, and to disclose information about our business activities in a timely and appropriate manner.
Tokyu Construction was founded in order to find solutions to the problems of population density in Tokyo. Through the creation of a reassuring and comfortable living environment, we have worked to address social issues by giving our full attention to solving the various problems confronting our customers. Over the years, we have aimed to improve not only the value of a single building or infrastructure but also the value of the whole town area by deeply recognizing the richness of the many stakeholders involved.
Going forward, we will continue to build mutual trust and work to address social issues and improve our corporate value through open communication.

Multi-stakeholder Policy

Tokyu Construction has released its multi-stakeholder policy, given in the following link.

Through the “creation of a reassuring and comfortable living environment”, Tokyu Construction strives to resolve social and environmental issues and to serve as an organization that is loved by its customers and consumers for years to come.

We have recently formulated our Green Finance Framework as a means to raise funds to address these issues.

This Framework has been formulated in accordance with the four elements set forth in Green Bond Principles 2021 (*1), Green Loan Principles 2023 (*2), Green Bond Guidelines 2022 (*3), and Green Loan Guidelines 2022 (*3).

A second party opinion was obtained from DNV Business Assurance Japan Co., Ltd., a third-party evaluation organization, regarding compliance with the principles.

Nomura Securities Co., Ltd. was selected as the structuring agent (*4) for the formulation of the framework and acquisition of second party opinions.