ES-CON JAPAN

About Us

ES-CON JAPAN is a life developer that builds the settings of people’s futures, bringing ideals into reality and the future of Japan to life.

ESG Initiatives

We believe that, as a company, we must contribute to communities and society through our business activities as reflected in the “address social issues through promotion of ESG initiatives” target we set as part of our corporate strategy.

We have been working to be considerate to the environment, contribute to communities and society, and build an objective and transparent management structure even from before.

In the condominium sales business, we are working to introduce ZEH-M in the promotion of environmentally friendly condominium development. In the commercial development business, we are working to develop “tonarie” community-based commercial facilities in pursuit of regional revitalization.

We intend to keep working to also engage in next-generation urban development utilizing the living environment, energy, AI, etc. through implementation of joint research of next-generation smart houses, connected homes, etc. and other ways as synergistic effects of the capital and business partnership with Chubu Electric Power Co., Inc.

We will continue to work on each carefully by raising individual ESG awareness and accurately addressing the issues facing society through various businesses.

Takatoshi Ito

President & Representative Director

Takatoshi Ito

Management Philosophy on ESG

Under our corporate slogan of “IDEAL to REAL” (bringing ideals into reality to create a new future), we seek to realize a sustainable society and sustainable growth by addressing social issues through promotion of ESG initiatives as a life developer creating ideal living, meeting needs that change with the times.

Basic Policy on ESG

We seek to grow as a company required by society in compliance with laws and regulations on environment, social and governance (ESG) and the promises we make and through promotion of ESG initiatives.

environment

1

Intending to reduce environmental burden through conservation of energy and circulation of resources and promoting environmentally friendly real estate development to realize a decarbonized society.

2

Making efforts to improve the local environment through urban development.

3

Earnestly working on work-style reform, intending to improve work environment and operational efficiency, and aiming to realize a rich and healthy life for employees and their families through the improvement of motivation and job satisfaction.
social

1

Promoting regional revitalization and creation of local communities through urban development and creating a new future.

2

Intending to make female employees, the elderly and people with disabilities succeed at work, and promoting diversity.

3

Making social contribution to medical care and welfare corresponding to the declining birthrate and aging population and supporting safe and comfortable lives in local areas.

4

Promoting business development to realize global SDGs through the development of overseas business.
environment

1

Enhancing the disclosure of management information enabling people to understand the management status in a timely manner.

2

Establishing a system to secure stability, soundness and transparency of management in the governance system.

3

Intending to strengthen risk management in order to respond to increasing risks due to the expansion and diversity of businesses.

Contribution to the realization of a sustainable society

Sustainable Development Goals

ESG Promotion Structure

ESG Promotion Structure
ESG Promotion Structure

Positioning “address social issues through promotion of ESG initiatives” as a corporate strategy based on the management philosophy on ESG, the “ESG Promotion Group,” which has a director serving as head of the President’s Office appointed as the person in charge and consists of members selected from each department, is divided into the “E Team,” “S Team” and “G Team” to set fiscal targets and promote initiatives for “Environment,” “Social” and “Governance.”

Obtained “GRESB Developer Assessment”

We participated in the “GRESB Real Estate Developer Assessment” designed for participants that are mainly engaged in real estate development. In fiscal 2019, we became the first Japanese business company to receive “Green Star” and “2 Star” ratings.

We will keep up proactive activities to boost ratings.

gresb 2ster 2019

Reference: Overview of GRESB
GRESB is an annual benchmark assessment measuring ESG consideration of real estate companies and funds holding and managing real assets (real estate and infrastructure) that was founded in 2009 primarily by a group of major European pension funds that led the Principles for Responsible Investment (PRI).

For details of the framework, please check the GRESB website (https://gresb.com).

Fundraising through an ESG/SDG assessment-based loan provided by Sumitomo Mitsui Banking Corporation

Deemed to be implementing good ESG and SDG initiatives and information disclosure in the assessment based on ESG and SDG standards created by Sumitomo Mitsui Banking Corporation (President and CEO: Makoto Takashima; hereinafter “SMBC”) and the Japan Research Institute (Representative Director and President: Katsunori Tanizaki), ES-CON JAPAN earned an A* overall ranking, the third-best ranking out of seven, and raised three billion yen through this ESG/SDG assessment-based loan within its syndicated loan arranged by SMBC to fund the Fujishirodai 5-Chome Project on the site acquired on March 27, 2020.

The ESG/SDG assessment indicated that ES-CON JAPAN’s initiatives to reduce the environmental impact of its business, consideration of both the local and global community, and CSR management are of an extremely high level. It also deemed ES-CON JAPAN to be implementing good ESG initiatives in its corporate management and highly motivated to contribute to the SDGs through its business initiatives.

Assessment of ESG initiatives

1

Implementing an environment management system and working to reduce the environmental impact of ES-CON JAPAN and its condominiums and retail facilities.

2

Adopting employee ideas, training care personnel in its community-rooted retail facilities, and helping foreign personnel adjust to Japan in its business.

3

Establishing a cross-group, cross-departmental ESG promotion group reporting to the President’s Office which formulates ESG action plans and incorporates them into the medium-term management plan to achieve the management strategy.

In addition to the above, the assessment deemed ES-CON JAPAN to be motivated to achieve SDGs 11. Sustainable Cities and Communities and 8. Decent Work and Economic Growth.

Reference
An ESG/SDG assessment-based loan is a financial instrument that uses unique assessment standards created by SMBC and the Japan Research Institute (Representative Director and President: Katsunori Tanizaki) to reward companies based on assessment of their ESG initiatives and information disclosure and contribution to achieving the SDGs (Sustainable Development Goals), analysis of the appropriateness of those initiatives and information disclosure, and future issues and examples of responses to those issues.

Acquisition of Environmental Management System (EMS) “EcoAction 21” Certification

We acquired the certification of EcoAction 21, an environmental management system unique to Japan established by the Ministry of the Environment, on May 25, 2020.

EcoAction 21 is an environmental management system for proactively and effectively engaging in environmental management such as reduction of CO2 emissions. It aims for continuous actions based on a PDCA cycle. By continuously conducting environmentally friendly management through EcoAction 21 activities, we can expect benefits on the management front, including reduction of costs and improvement in productivity, as well as enhanced corporate value, while fulfilling our social responsibility to reduce environmental burden.

EcoAction 21