FRONTIER REAL ESTATE INVESTMENT CORPORATION As part of the efforts to reduce environmental burden, the Asset Management Company has set the following reduction targets for energy consumption, greenhouse gas (GHG) emissions, water consumption, and waste recycling rate.
Energy consumption
- Pursuant to the Energy Conservation Act (Act on the Rational Use of Energy), the basic target has been set for reducing the basic unit of energy consumption by 1% annually on average over the medium to long term for the entire portfolio and individual properties.
- The term for the medium-to long-term target is set for the upcoming five years.
Greenhouse gas (GHG) emissions
- Achieve 30% reduction in 2030 compared with the base year (FY2019) for GHG emitted as part of the operations of shopping centers (SC) owned (total of scopes 1-3; per-unit basis).
Water consumption
- For water consumption on a per-unit basis of the portfolio as a whole not to exceed the base year (FY2019).
Waste recycling rate
- Cooperate with tenants to conduct initiatives to improve the recycling rate.
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Frontier Real Estate Investment Corporation published this content on 15 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2023 07:24:07 UTC.
