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Established in 1918 and headquartered in Tokyo, Japan, Tokyu Fudosan Holdings is a notable player in the real estate sector in the country, focusing on urban development, property management and operation, investment and agency services. Its diverse portfolio includes commercial properties, hotels, logistics facilities, offices, resort facilities and senior housing. In 2023, Tokyu Fudosan had 525,000 condominium units under comprehensive management, serving 18.2 million customers, and facilitated 30,000 real estate transactions through its agents.
Summary
Tokyu Fudosan discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company discloses its materiality assessment and sets time-bound targets covering all of its material topics. However, it can improve its sustainability governance by specifying the roles in the organisation that are responsible for overseeing and implementing its sustainability strategy.
Tokyu Fudosan demonstrates a commitment to human rights by engaging its stakeholders through questionnaires, evaluations and dialogues to identify risks and impacts from its activities. However, the company does not disclose information about the affordability of its residential properties, which is crucial to demonstrate its commitment to achieve inclusive housing and build trust with potential buyers and stakeholders.
From an environmental perspective, Tokyu Fudosan shows some progress, having exceeded its FY2030 waste reduction target with a 22.5% reduction in FY2022. However, it can increase transparency regarding its impacts on natural ecosystems by disclosing the names and locations of protected sites near its operations and setting time-bound targets to prevent ecosystem conversion.
Ranking position
#53
/300
Total score
22.0
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
12.5
/100
Rank (0-300)
#89
Measurement area
Inclusive Cities
Score
# 1
16.7
/100
Rank (0-300)
#142
Measurement area
Healthy Cities
Score
# 1
13.6
/100
Rank (0-300)
#49
Measurement area
Climate Proof & Resilient Cities
Score
# 1
20.0
/100
Rank (0-300)
#49
Measurement area
Core Social Indicators
Score
# 1
47.2
/100
Rank (0-300)
#9
Industries
Industries
Real estate
#16
More about the company
Headquarters
Japan
Ownership structure
Public
Revenue
USD 7,649 billion (2022)
Number of employees
21614 (2022)
Website
https://www.tokyu-fudosan-hd.co.jp
63716
