Tokyo Tatemono Co Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

To consistently pursue sustainability measures across the entire Group, the Tokyo Tatemono Group established the Sustainability Committee, chaired by our president and CEO. The Sustainability Promotion Committee and Human Rights Subcommittee were also established under the Sustainability Committee. The Sustainability Committee, like the Executive Committee, Risk Management Committee and Internal Control Committee, is under the direct control of the president and CEO. It meets in principle at least twice a year to deliberate and discuss matters related to the formulation of the Group's sustainability policies, the development of systems, the setting of indicators and targets, and the monitoring and evaluation of progress. Important matters deliberated and discussed by the Sustainability Committee are brought up for discussion or reported to the Board of Directors, which makes decisions on important sustainability-related matters, monitors and supervises the status of actions taken. The Sustainability Promotion Committee shares decisions of the Sustainability Committee, under which it sits, conducts preliminary discussions for consideration, and reports on the progress of the Group's sustainability measures. Similarly, the Human Rights Subcommittee promotes decisions made by the Sustainability Committee, under which it sits, regarding human rights and reporting on the status of initiatives. [...] In promoting risk management, we have designated the president as the chief risk management officer and have established a Risk Management Committee chaired by the president to oversee risk management for the Tokyo Tatemono Group. The Risk Management Committee formulates an annual risk management plan, evaluates and analyzes key management risks for the Tokyo Tatemono Group (priority risks), formulates preventive measures and countermeasures, and periodically monitors the status of countermeasures. The Tokyo Tatemono Group has also established a risk management system based on the Three Lines Model* in order to maintain and improve the effectiveness of risk management. For risks other than priority risks (departmental management risks), in addition to the general managers of each department who are risk management officers, various committees act as risk response organizations (risk owners) (the First Line) to appropriately prevent and manage the risks, reporting to the Risk Management Committee. The corporate departments and the planning departments of each business division (the Second Line) monitor and provide support and guidance regarding risk management at each department. The Internal Audit Department (the Third Line) audits and provides advice, from an independent standpoint, regarding the risk management of the corporate departments and planning departments of each business division. In addition, the chief risk management officer (Tokyo Tatemono's president) is not a member of the Audit and Supervisory Board, and the Risk Management Committee operates independently of the Audit and Supervisory Board. The Sustainability Committee acts as the risk response organization (risk owner) to prevent and manage sustainability risks in cooperation with relevant departments. Important matters among those deliberated at Risk Management Committee meetings are brought up for discussion by or reported to the Board of Directors, with the Board overseeing the effectiveness of the Tokyo Tatemono Group's risk management.

https://tatemono.com/english/sustainability/pdf/2024susrepo_e.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]We believe a proactive cooperation across countries/regions and organizations are important in solving social issues and participate in major initiatives in and outside Japan as well as industry organization.
In terms of climate relate initiatives, we are a member of Japan Climate Initiative (JCI) and Japan Climate Leaders' Partnership (JCLP). JCI is a network for sharing information and strengthening exchange of opinions between various entities that actively engage in measures against climate change excluding national governments, such as corporations and NGOs in Japan. JCLP is a unique coalition of Japanese companies that jointly engage in activities to realize a decarbonized society. JCLP also act as a contact for RE100 in Japan under the partnership with the international NPO The Climate Group. Inside the JCLP, we participate in a construction working group that discuss systems that enable calculation and management of amount of emissions throughout the value chain of buildings as well as reduction efforts especially by the suppliers to make an impact.
In addition to being a member of the Real Estate Companies Association of Japan, the industry organization in the real estate industry, we also participate in the Environment Committee, Environmental Office Building Working Group, Environmental Condominium Working Group, and other meetings related to the environment.
Information acquired through participating in these initiatives and cooperation with the industry organization are utilized in our initiatives related to climate.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023