Cooperation with tenants

Promotion of a green lease contract

A green lease contract makes arrangements to reduce environmental loads such as through energy savings and improving the work environment, with the building owner and the tenants working together. In lease contracts of JPR, a green lease clause is standardized to promote the reduction of environmental loads in cooperation with the tenants.

Provisions in green lease agreements with tenants (excerpts)
(Environmental considerations, investment in energy-saving renovations, etc.)
Article 32　The Lessor and the Lessee shall share the principle of maintaining and improving the comfort, productivity and environmental performance of the Property from the perspective of energy conservation and environmental considerations. They each shall endeavor to cooperate in measures conducted by the other party with respect thereto, including but not limited to the sharing and management of data regarding electricity, gas and other fuel consumption, greenhouse gas emissions, water consumption, waste generation, waste treatment and recycling status, acquisition of environmental certification, target setting and the organization of conferences on environmental and energy-saving measures. When it is necessary to take actions such as the reporting and reduction of greenhouse gas emissions in accordance with laws and regulations concerning measures to address global warming and other environmental measures, the Lessor and the Lessee may request that the other party take necessary actions and the other party shall endeavor to respond to these requests.
2. When any investment made by the Lessor in energy-saving renovations has had or will obviously have a positive effect or advantage such as a reduction in electricity, gas and water utility fees, the Lessor may propose to the Lessee a discussion on the allocation of the effect or advantage between them.

Example of conclusion of green lease agreement（Niigata Ekinan Center Bldg.）

Other initiatives

• Sending notices to tenants about the reduction of the environmental load of the building in the summer and working with tenants to reduce the environmental load of the building
• Distributing eco bags to tenants to reduce waste

Cooperation with property managers

To promote initiatives to reduce environmental loads, cooperation with the property managers (PMs) and entities who manage and operate properties on site, is essential. JPR and its asset management company, Tokyo Tatemono Realty Investment Management, Inc. (TRIM), regularly share information with PM companies and discuss initiatives relating to energy-saving and environmental issues.

Sustainability workshops for property managers

JPR and TRIM also hold workshops for the PMs and others to raise their awareness of sustainability and enhance their readiness.

PM agreements that include provisions regarding sustainability awareness

JPR aims to conclude agreements that include provisions regarding sustainability awareness with all property managers who work with. JPR has entered into such agreements with many property managers and is entering into agreements with additional properties managers.
The provisions regarding sustainability awareness are basically the same as the items in the sustainable procurement standards. For details about the provisions, please see Supply Chain Management.

Overview of provisions regarding sustainability awareness

Compliance with laws and regulations	Environmental considerations
Respect for human rights	Coexistence with communities
Ensuring healthy labor practices and working environments	Development of BCPs
Fair business activities	Cooperation in supply chains
Ensuring and improving safety and high quality

Monitoring sustainability awareness

TRIM assesses the performance of the property managers it collaborates with. This assessment includes an evaluation of environmental friendliness.