The Nomura Real Estate Group uses large amounts of water resources in its business activities in Japan and overseas including the real estate business, urban development, and sports club operation.
As shortages of water resources become increasingly severe around the world, there may be substantial impacts on business in the future including risks in overseas business, higher costs for imported materials in conjunction with water shortages and water pollution, and difficulty procuring water as a result of climate change and abnormal weather. The Group is aware that this is a key management issue.
Based on this understanding, the Group is working with design and construction companies and other suppliers to make capital investments and provide products and services that lead to the efficient use of water resources.
Nomura Real Estate Holdings’ executive vice president and Group COO has been made responsible for this issue for the Group, and the entire Group is working together to promote the efficient use of water resources.
In addition, the CSR Committee, which comprises Nomura Real Estate Holdings and Group company directors and others and is chaired by the Nomura Real Estate Holdings executive vice president, deliberates on and decides related policies and action plans.
Starting in fiscal 2018, targets regarding efficient water resource use were set, and the Committee is monitoring progress.
The Group is working to reduce its water use.
Water and hot water saving devices have been made standard equipment when developing housing, office buildings, retail facilities, logistics facilities, and other structures in accordance with its design and construction standards and quality manuals.
In addition, fixtures are systematically replaced with water-saving devices when performing renovations.
Fiscal 2017 performance against the set targets was as set forth below.
|FY 2014||FY 2015||FY 2016||FY 2017|
|Public water use (1,000 m³ per year)||1,449||1,463||1,397||1,766|
|Water use intensity (m³/m² per year)||0.986||1.007||0.870||1.127|
* Environmental data covers facilities subject to reporting under the Act on the Rational Use of Energy (in the 2017 fiscal year, 184 facilities with a total of 1,592,806.91 m2).However, data concerning waste volume and water use covers only some facilities.(Waste volume: 114 facilities with 1,395,411.05 m2; water use 163 facilities with 1,566,969.01 m2)