Sekisui House Reit, Inc. announced that it has introduced virtual renewable energy through the purchase of FIT non-fossil fuel energy certificates (the "FIT Non-fossil Fuel Energy Certificates") with tracking at the Non-fossil Fuel Energy Value Trading Market of the Japan Electric Power Exchange (the "Market") via a broker (hereinafter referred to as the "Initiative"), as follows. SHR has purchased the FIT Non-fossil Fuel Energy Certificates 1,025 MWh at the Market via Whole Energy Inc., the Broker, and virtually reduced CO2 emissions by approximately 418 t-CO2 (Note) by the introduction of virtual renewable energy. The Initiative is conducted for the first time as SHR.
Reason for the Initiative: SHR aims to contribute to the realization of a sustainable society by conducting real estate investment management with due consideration given to ESG (Environment, Social and Governance). SHR has set targets (KPIs) for the resolution of materiality "Promoting Response to Climate Change", which has been identified as a key environmental issue among the ESG initiatives.