Ichigo Office 8975

Environmental

GRESB

Since its launch in 2009, GRESB has assessed the performance of various property companies and funds around the world, establishing a global standard for ESG benchmarking that is now applied to a broader and more diverse class of real assets. Today, more than 150 GRESB investor members who are some of the largest pension funds and their fiduciaries, including the Government Pension Investment Fund (GPIF) and several investors in Japan, use the GRESB data in their investment management and engagement process to better understand the sustainability risks and opportunities intrinsic to their real assets investments.

Ichigo Office has been participating in the GRESB Real Estate Assessment since 2016. In the 2023 GRESB Real Estate Assessment, Ichigo Office was awarded Four Stars in the GRESB Rating (maximum five stars), based on the quintile position of Ichigo Office's GRESB Overall Score relative to global participants. Ichigo Office won a “Green Star” designation for the seventh consecutive year, exemplifying Ichigo Office’s high achievement in areas of ESG-related policies and organizational setup (the “Management Component”), and the environmental performance of its assets as well as tenant engagement (the “Performance Component”).

Ichigo Office also received the second-highest “B” GRESB Public Disclosure Level, which measures the quality of ESG disclosures by REITs and listed property companies, for the second year in a row.

About GRESB

GRESB

Environmental Certifications

CASBEE

The Comprehensive Assessment System for Building Environmental Efficiency, or CASBEE, is a Japanese government certification that evaluates and rates buildings’ environmental performance based on their energy and resource efficiency, recycling activity, environmental load, and aesthetic appeal.
CASBEE-certified buildings are scored for their environmental performance in five categories and receive a total environmental performance ranking (from highest to lowest): S, A, B+, B.
Two of Ichigo Office's buildings have earned the highest S rating, and two have earned the second-highest A rating.

About CASBEE

S rank

A rank

BELS

The Building-housing Energy-efficiency Labeling System, or BELS, is a Japanese government evaluation system that assesses the energy efficiency of non-residential buildings. A third-party organization evaluates both new and existing buildings using a Building Energy Index based on Japan’s national energy-efficiency standards. BELS ranks energy efficiency by awarding up to five stars.

About BELS

DBJ Green Building Certification

The Development Bank of Japan offers this comprehensive evaluation system, which looks at not only environmental factors but also social ones, such as whether the building is serving the needs of diverse stakeholders. The DBJ identifies and certifies Green Buildings that meet these environmental and societal needs, and ranks them up to five stars.

About DBJ Green Building

Tokyo Low-Carbon Small and Medium-Sized Model Buildings

A Tokyo Low-Carbon Small and Medium-Sized Model Building is a building ranked A1 or higher by the Tokyo Metropolitan Government based on a benchmark assessing the level of CO2 emission intensity. The benchmark was developed by the government in 2012 with an aim to promote a real estate market in which buildings with lower CO2 emissions are more valued.

About Tokyo Low-Carbon Small and Medium-Sized Model Buildings (Japanese)

Energy Efficiency

HVAC upgrades and LED lighting installations lowering energy consumption

Sustainable Real Estate Serving a Sustainable Society

Ending wasteful practices of demolishment and embracing value-add. Lengthening useful life and improving quality of existing real estate.