3 Future growth businesses — Environment-related business

3 Future growth businesses — Environment-related business

Recognizing that environmental problems are growing serious, Hulic is adopting the most advanced environmental engineering to raise the value of buildings.

Hulic’s environment-related business

1. Our Initiatives to achieve Net Zero CO2 emissions by 2030
~Development of In-house Renewable Power Sources~

Hulic has been promoting environmental management, such as information disclosures based on TCFD recommendations*1, with recognition of increasing importance of sustainable development. As one aspect of that, we are, with the increased efforts, developing electricity power plants using renewable energy such as solar power and small hydropower.

  • non-FIT Solar power plant
    (Kazo, Saitama)

  • Small hydroelectric system
    (Tone, Gunma)

Through the initiatives for development of in-house renewable electricity power plants, Hulic aims to achieve RE100*3 by 2024, powering the Hulic’s Headquarter building and buildings used by the Group companies*2 with self-generated renewable electricity. Furthermore, by 2030, we will achieve Net Zero CO2 emissions, supplying self-generated renewable electricity to all our lease properties*4.

Roadmap to achieve Net Zero CO2 emissions by 2030

  • *1TCFD is an abbreviation for the Task Force on Climate-related Financial Disclosures, which was created by the Financial Stability Board (FSB) at the request of G20, and makes recommendations on climate change-related disclosures to companies and such.
  • *2Includes the directly managing inns (Hotels and Ryokans).
  • *3RE100 is an abbreviation of Renewable Electricity 100% and is an international initiative in which member companies aim to use 100% renewable sources for the energy required for their business activities.
  • *4Excludes single-tenant properties, residential properties, unmanaged shared properties for which Hulic does not manage energy, and real estate for sale.

2. Long-life building design for reconstructed buildings

When reconstructing a building, Hulic adopts a design for enabling substantial waste reductions and a longer service life, using high-grade building frames that can safely last for over 100 years. At the same time, the design allows the floor layout to be flexibly changed according to different usages, and the building exterior to be easily maintained.

Hulic’s principles for long-life buildings

  • Seismically reinforce buildings and use durable materials
  • Allow buildings to be easily modified and renovated
  • Design buildings to facilitate maintenance

3. Initiatives for Fire-Resistant Wooden Buildings

Hulic has been developing fire-resistant wooden buildings and using timber that requires less energy for manufacturing and processing. In addition to the “fascination of warmth provided by wood”, construction of wooden buildings leads to the reduction of CO2 emission by promoting forest cycles.
Currently, Hulic is developing Japan’s first 12-story fire resistant wooden commercial building in Ginza, one of our focus areas, and construction will be completed around autumn 2021.
In the future, we will plan not only commercial facility but also wooden nursing home.

Ginza 8-chome development project

(Image provided from: Kengo Kuma and Associates)

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