Make The World
More Sustainable[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

May 22, 2024
IssuerIchigo Green Infrastructure Investment Corporation (“Ichigo Green,” 9282)
2-6-1 Marunouchi, Chiyoda-ku, Tokyo
Representative: Nanako Ito, Executive Director
www.ichigo-green.co.jp/en
Asset Management Company
Ichigo Investment Advisors Co., Ltd.
Representative: Hiroshi Iwai, President
Inquiries: Takao Nitta, Head of Ichigo Green
Tel: +81-3-4485-5233

Ichigo’s Greenhouse Gas Reduction Targets
Certified as Science Based Targets
Ichigo Green has made sustainability a key management priority and actively engages in
ESG (Environmental, Social, and Governance) initiatives.
Ichigo Green’s sponsor Ichigo (2337) has been certified by the SBT Initiative for its
Science Based Targets (“SBT”), greenhouse gas reduction targets set by companies inline with the Paris Agreement goals. Ichigo commits to reduce absolute Scope 1 and 2
GHG emissions 70% by FY2030 from a FY2022 base year. Ichigo also commits toreduce absolute Scope 3 GHG emissions 25% within the same timeframe. Ichigo’stargets are aligned with a rate of decarbonization consistent to keep global temperature
increase to 1.5℃ compared to pre-industrial temperatures, which is more aggressive
than the well-below 2℃ (WB2℃) target. These targets cover greenhouse gas emissions
emitted by Ichigo, Ichigo Green, Ichigo Office (8975), and Ichigo Hotel (3463).
1. Ichigo’s Certified Greenhouse Gas Reduction TargetsTarget
Scope 1
Scope 2

Scope 3

Direct emissions owned orcontrolled by a company
Indirect emissions associated withthe purchase of electricity, heat, orcooling

70% Reduction(2022 base year)

Indirect emissions that are not
Scope 1 or 2 (emissions by thirdparty companies related to acompany’s business activities)

25% Reduction(2022 base year)

1Target Year2030

2. SBT Overview
SBT are greenhouse gas reduction targets set by companies covering a minimum of 5years and a maximum of 15 years in line with the Paris Agreement goals of reducing
Scope 1 and 2 emissions to keep the global temperature increase to 1.5℃ compared topre-industrial temperatures, and Scope 3 emissions to well-below 2℃. SBT wereestablished in 2015 by the CDP (a global non-profit organization that runs the world's
environmental disclosure system with respect to climate, water, and forestry), UNGC
(United Nations Global Compact), WRI (World Resources Institute), and WWF (WorldWildlife Fund), with c. 4,700 companies worldwide receiving SBT certifications fortheir 1.5℃ targets.
3. Ichigo’s Initiatives
Ichigo Green believes companies exist to serve society and is committed to contributing
to a sustainable society. Its sponsor Ichigo, a sustainable infrastructure company has
made sustainability a key business and social priority as a responsible corporate citizen,and sustainability remains at the core of everything we do.
Ichigo’s Sustainable Real Estate business preserves and improves real estate, lengthening
buildings’ useful lives beyond 100 years, and its Clean Energy business makes productive
use of idle land to produce renewable energy and reduce Ichigo’s environmental impact.
Ichigo is committed to contributing to a better world that can be handed to future
generations, and will accelerate its initiatives to achieve its ambitious greenhouse gas
reduction targets towards realizing a net zero carbon society. Under its Ichigo 2030
vision, Ichigo has set KPIs to work for a sustainable planet and address environmental
issues including climate change. In achieving these KPIs, Ichigo will maintain Climate
Positive (CO2 reduction > emissions, including Scope 1 and 2 emissions by Ichigo,Ichigo Green, Ichigo Office, and Ichigo Hotel), and transition electricity used to 100%
renewable electricity across all operations by 2025.
Please refer to Ichigo’s release “Updated Ichigo 2030 KPIs” for details.
www.ichigo.gr.jp/news/p_news_file/file/Ichigo_20240415_Updated_Ichigo2030_KPIs_ENG.pdf

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