Environmental Promotion System

Environmental Management Promotion System

The Mitsubishi Estate Group has designated the director in charge of the CSR & Environmental Sustainability Department at Mitsubishi Estate as the person responsible for promoting the Group's environmental management. It also designates environmental sustainability managers in each of Mitsubishi Estate's business groups and Group companies. The CSR Committee and CSR & Environmental Sustainability Sub-committee, which discuss CSR issues overall, including the environment, each meet twice a year to discuss and share information on each organization's environmental initiatives and targets.

The Structure and Operation of the Environmental Management System

Some Mitsubishi Estate Group organizations have obtained official ISO14001 external certification. The rest have developed and use an Environmental Management System (EMS) which conforms to ISO14001 standards but is not externally certified.
In fiscal 2017, 43 organizations in the Mitsubishi Estate Group, which is 52% of the whole, operated under ISO14001 external certification. The other organizations use management by objectives and carry out office environmental management activities according to a custom management system based on an Environmental Management System which is not externally certified.
Specifically, each organization, especially the ISO14001 certified ones, sets its own environmental targets and follows those targets as they pursue activities aimed at reducing carbon use and creating a more recycling-oriented society.

Monitoring Group-Wide Environmental Initiatives

To monitor the progress of environmental initiatives across the entire Mitsubishi Estate Group, a survey is taken of all of Mitsubishi Estate business areas and all Group companies that share the Code of Conduct. The survey covers the progress of measures to reduce environmental impact.

Environmental Accidents or Violations of Environmental Laws and Regulations in Fiscal 2017

The Mitsubishi Estate Group recorded 0 environmental accidents or violations of environmental laws and regulations in fiscal 2017.

Environmental accidents & violations of environmental lLaws and regulations

FY2014 FY2015 FY2016 FY2017
Violations of Environmental Laws and Regulations 0 0 0 0
Environmental Accidents 0 0 0 0

Environmental Targets and Initiative Results

Each organization in the Mitsubishi Estate Group, particularly the ISO14001 certified ones, undertakes initiatives aimed at reducing carbon use and creating a more recycling-oriented society according to their organization's own environmental targets. While continuously striving to save energy in buildings and homes and reduce waste disposed of, they also hold their own environmental activities.

Basic Information and Initiative Results for ISO14001-certified organizations

Basic information about the four organizations in the Mitsubishi Estate Group with ISO14001 certification, the results of their fiscal 2017 initiatives and their environmental targets for fiscal 2018 is as follows. (Information about Yokohama Sky Building, Mitsubishi Jisho Home, Royal Park Hotels and Resorts and Royal Park Hotel is provided as reference data)

Development and administration of Mitsubishi Estate Group's Environmental Management System (as of March 2018)

Organization Environmental Policy Scope of Acquisition/Time of Acquisition/Certification Body Environmental Targets and Initiative Results Main Issues Noted During Internal/External Audits and Measures Taken to Address Them
Mitsubishi Estate Group
Office Building Management Department

PDF 52KB

PDF 118KB
(Japanese only)

PDF 72KB

PDF 136KB

Mitsubishi Jisho Community
(Overall condominium and building management)

PDF 90KB
(Japanese only)

PDF 53KB
(Japanese only)

PDF 453KB
(Japanese only)

PDF 107KB
(Japanese only)

Mitsubishi Jisho Sekkei
(Architectural design & engineering business)

PDF 107KB
(Japanese only)

PDF 56KB
(Japanese only)

PDF 74KB
(Japanese only)

PDF 90KB
(Japanese only)

Royal Park Hotels and Resorts
(Supervision and management of hotel business management, operation support)
Royal Park Hotel

PDF 86KB
(Japanese only)

(Relinquished)

PDF 63KB
(Japanese only)

(Relinquished)
(Reference data)
Yokohama Sky Building
(Office and commercial building administration and management)

PDF 65KB
(Japanese only)

(Relinquished)

PDF 137KB
(Japanese only)

Mitsubishi Estate Home
(Custom-built housing business)

PDF 67KB
(Japanese only)

(Relinquished)

PDF 66KB
(Japanese only)

(Relinquished)

Yokohama Sky Building relinquished its ISO certification in April 2011, followed by Mitsubishi Jisho Home in September 2014 and Royal Park Hotels and Resorts and Royal Park Hotel in March 2017. However all four organizations continue to follow the Mitsubishi Estate Group Basic Environmental Policy, setting environmental goals and targets every year and operating an Environmental Management System with a management structure unique to each company.

Life Cycle Approaches

The Mitsubishi Estate Group runs various businesses involved in the development, planning, construction and management of real estate and considers reducing environmental impact through Group-wide efforts as one of its duties. The Group Basic Environmental Policy aims to reduce the burden on the environment caused by buildings throughout their life cycle, from planning and design to operation and management and dismantlement. The entire Group works together to implement constructive and sustainable measures to that effect.

Reference Information:Reducing Environmental Impact

Environmental considerations during a building's life cycle

Image:Environmental Considerations during a Building's Life Cycle

Financial Impact of Environmental Management

The Mitsubishi Estate Group compiles and publishes environmental accounts to help it understand the financial value and impact of environmental issues. The compilation of accounts is done according to the Environmental Accounting Guidelines of the Ministry of the Environment. Environmental conservation costs are classified and individual accounting standards are set with the chief purpose of defining their relationship to environmental conservation activities. The accounts mainly cover organizations with ISO14001 certification.

Environmental Conservation Cost Classifications
  • Goal/Target Costs : Costs incurred in the course of achieving ISO14001 stipulated goals and targets.
  • Regulation Compliance Costs : The cost of complying with regulations.
  • Environmental Loss Costs : Incidental costs such as compensation costs for environmental conservation issues
Scope of Accounting
  • Organizations : ISO14001-certified organizations which operate for the full fiscal year.
    • Mitsubishi Estate Office Building Management Department
    • Mitsubishi Jisho Community
    • Mitsubishi Jisho Sekkei
  • Period : April 1, 2017 - March 31, 2018

Accounting standards for environmental accounts

The Mitsubishi Estate Group has formulated its dedicated Mitsubishi Estate Group Environmental Accounting Guidelines to unify the accounting methods used by all organizations in the Group. Each organization collects its accounts according to the Policy, which is aimed at accounting for items intended for the fulfillment of ISO14001 goals and targets as much as possible. However there are items that are hard for account for in certain organizations. Note also that depreciation costs for fixed assets are not included in the accounts.

Environmental Accounting Data for Fiscal 2017

Total investment expenditures for fiscal 2017 were 241.634 million yen. Total expenses were 1,869.227 million yen. Goal and target costs made up 90% of the items under expenses. 85% of these were costs incurred by the Mitsubishi Estate Group for removing asbestos and inspecting or repairing exteriors and other countermeasures. Characteristic expenses are environmental education and information provision activities such as environmental events and seminars mainly organized by 3x3 Lab Future.

2017 Mitsubishi Group Environmental Accounts (PDF 68KB)

Environmental accounts

Graph:Environmental Accounts

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