The impact of climate change on the environment, society, peoples’ lifestyles and corporate activities has intensified in recent years. As frameworks to reduce greenhouse gases, such as the 2015 Paris Agreement, are adopted at an increasing rate, not only nations and governments, but also private sectors are expected to fulfill their responsibilities to society.
Such being the case, JLF strives to contribute to the transition to a low-carbon society through initiatives including greenhouse gas reductions, while making efforts to adapt to climate hazards and natural disasters.
|Total energy consumption||GJ||319,382||302,052||265,156|
|Energy use intensity (*1)||GJ/㎡||0.2519||0.2334||0.1940|
|Total Greenhouse gas emissions (*2)||t-CO2||40,580||37,536||34,331|
|Total Greenhouse gas emissions intensity (*1)||t-CO2/㎡||0.0320||0.0290||0.0251|
|Total water usage||㎡||163,865||172,909||163,798|
|Public drinking water||㎡||163,378||172,432||163,266|
|Water use intensity (*1)||㎥/㎡||0.1293||0.1336||0.1198|
|Total weight of non-hazardous waste (*3)||t||49||54||49|
|Number of properties (*4)||46||48||50|
|Floor area (*5)||㎡||1,267,744||1,293,966||1,367,058|
|Percentage of whole portfolio covered (*6)||%||100||100||100|
2．Examples of initiatives
I. Energy saving
Replace existing lighting equipment with LED lightings to save energy and extend lighting lifetimes. When replacing lighting equipment, JLF shares the estimates of expected energy savings with its tenants in advance. In some cases, an agreement is executed where JLF receives a portion of the savings in electricity charges as rental income.
(1) Installation of a variety of LED lighting equipment
（As of January 31, 2021）
|Area converted to LED lightings||Annual savings|
（65.2% of the portfolio）
|126,389kWh|Office Warehouse Warehouse
(2) Renewal of air-conditioning equipment
We endeavor to save energy by upgrading to the latest, energy-efficient HVAC systems.
Track record (February 1, 2020 through January 31, 2021)
II. Energy creation
(1) Installation of photovoltaic panels
Rooftop solar panels are installed to generate power from renewable energy.
(Results for FY 2019)
|Solar installations||Annual power generation|
III. Water saving
Environmental Understanding and Basic Policy Related to Water Resources
JLF understands water resources and their sustainable use to be an essential element in JLF's business activities and their sustainability. In this context, JLF strives to minimize water use across its business activities by improving efficiency and reducing consumption.
(1) Installation of water saving toilet facilities
JLF is committed to water conservation by upgrading to modern toilets and sinks with improved water efficiency.
②(2) Introduction of water-saving equipment
(1) Soil contamination prevention and soil contamination countermeasures
JLF conducts soil contamination surveys when acquiring properties.
Furthermore, on joint developments pursued with partners, JLF ensures that countermeasures have been implemented on land with issues such as soil contamination prior to further development.
For example, in a joint development project with a partner pursued in the Tokyo Metropolitan Area, the plot to be developed was formerly the site for a manufacturing plant, and chemical substances presumed to have been used at the plant were detected in the soil. Although the impact on human health would have been negligible, the level detected exceeded legally permissible levels. JLF confirmed that the landowner removed the chemical substances and land remediation was approved by a third party and the local municipality before moving forward with the development.
Soil contamination would have remained If the land were left idle, but JLF's pursuit of the property development together with its partner contributed to environmental improvement in the locality.
(2) Facility greening (rooftop greening, wall greening, setup of greenbelt, protection of native species)
By promoting the greenification of logistics facilities (on rooftops and exterior walls) and actively establishing green zones, JLF helps suppress temperature rise caused by heat island phenomena and improve visual aesthetics in the communities. JLF also contributes to biodiversity conservation by planting indigenous plant species.
Other Environmental Initiatives
Damage from Natural Disasters
JLF implements a variety of countermeasures to prepare against natural disasters.
As a countermeasure against flooding during typhoons or sudden heavy downpours, JLF raises the land upon which development or redevelopment properties are to stand.
Additionally, JLF prevents flooding by raising the level of foundations for high-voltage stepdown transformer cubicles to help avoid electrical system failures in its logistics centers.
We obtain a property's PML before acquisition and quantitatively analyze the risk of building collapse due to seismic activity.
・Countermeasures against soil liquefaction and tsunamis
Before acquiring a property, JLF makes acquisition decisions by referring to sources such as soil liquefaction forecasting maps publicized by government bodies to assess the risk of soil liquefaction and tsunamis during an earthquake.
We endeavor to minimize waste from properties in the portfolio through monitoring of waste volumes and appropriate management.
JLF owns highly versatile facilities, with space that can be converted to office or manufacturing applications.
Urban Development (Enhancing local economic activity through property development and redevelopment)
JLF conducts redevelopment (OBR) of portfolio assets and also implements joint development efforts with partners. Property developments and redevelopment projects resulting in modern, large-scale logistics properties contribute to revitalization of local economy by creating jobs in the vicinities.
Retail shops located in some portfolio properties are open to the public and therefore contribute to improved everyday convenience in the areas that lack retail stores.
Additionally, JLF recruits mobile phone companies to install their antennas on portfolio properties, which has contributed to improved cellular coverage in the community.
Technical Evaluation of Environmental and Social Risks at Portfolio Assets
JLF regularly conducts technical evaluations of environmental and social risks of portfolio assets. Aside from conducting risk management, JLF also evaluates environmental initiatives.
More specifically, based on a building condition evaluation report acquired once every 5 years, JLF drafts maintenance plans aimed at facilitating the long-term use of the building. Additionally, a portfolio PML is calculated every fiscal period, and the potential impact in the event of an earthquake is evaluated.
As part of the appraisal of portfolio assets that takes place each fiscal period, property access and public transportation availability are also reviewed in calculating an appraisal value.