Special Feature

Announcement of UR-eco Plan 2024

UR’s Global Warming Countermeasure Plan

In consideration of the recent trend toward the realization of a decarbonized society in both▶

Japan and overseas, we increased our quantifiable CO2 emissions reduction targets andreviewed the actions to be taken in each field, announcing the new UR-eco Plan 2024 global
warming countermeasure plan for FY2030 on March 29, 2034.

The first version of the UR-eco Plan, the global warming countermeasure plan formulated by UR, was announced

Basic approach to global warming countermeasures

in FY2008. Since then, the plan has been updated and reformulated approximately every five years in line with thechanges in the social environment. In the five years up to the previous fiscal year, UR implemented global
warming countermeasure in line with UR-eco Plan 2019. It formulated the new UR-eco Plan 2024 announced inMarch2024.

1. Facilitate global warming countermeasures in every field and aim to increase the total CO2 emissions
reduction.

Here, we will share the results of the initiatives implemented during the UR-eco Plan 2019 period and points of

2. Contribute to the realization of a safe and secure society by promoting adaptive measures that areappropriate to the characteristics of the business.

UR-eco Plan 2024.

3. Aim to promote the development of communities with an eye on sustainability, recycling and coexistence.

Results of initiatives implemented during the UR-eco Plan 2019 period

4. Facilitate alliances and collaboration with people residing in UR's rental housing units, business operatorsin the private sector, local governments and others.

Period: FY2019 to FY2023

5. Move forward with planning, design and research and development leveraging the technologies thathave been accumulated and advanced technologies.
6. Facilitate the establishment of green infrastructure and create a safe, secure and comfortable environment.

CO2 reduction targets

CO2 reduction targets and results

1. Scope of reductions
Core areas (common areas of UR’s rental housing units and offices)

Scope: core areas (common areas of UR’s rental housing units and offices)

2. CO2 emissions reduction target
Base year(FY2013)

A 15.9% reduction in CO2 emissions by FY2023 (compared to FY2013).

3. Result154,047 * t-CO2
1Target year
(FY2030)

With total CO2 emissions being 78,500 t-CO2 in FY2023, we were able to achieve a 32.9%

Target value

45,928t-CO2

70% reduction *reduction, significantly exceeding the target.
50,0002100,000

150,000**

1. After a review of the scope of the reduction targets, emissions in the base year were revised from 117,000 to 154,000 t-CO2.
2. Emissions were calculated using the emission factor published by the Ministry of Environment as the emission factor for FY2013, and using 0.25 kg-CO2/kWh,which is the average of all power sources calculated based on the energy mix shown in the outlook for energy demand in FY2030 as the emission factor for
FY2030.

Changes in total CO2 emissions related to core areas(Unit: thousand t-CO2)

120

117.0

Individual CO2 reduction measures and numerical targets
for FY2030

Target

15.9% reduction
97.4

100

Actual value

32.9% reduction

92.2
85.4

78.5

0
FY2013

Base year

FY2019FY2020

FY2021

FY2022

Percentage of electricvehiclesIntroduction ofLED lighting

Percentage fromrenewable sources

50％ or more*

100％

100％*

100％*

382.580

Installation of solar power
generation equipment

FY2023

Target year

44

will be installed in buildings that meet the following conditions.
*3. Equipment• The installation of solar power generation equipment shall be in line with the original functions of the building and the purpose of its use and shall not affectthe surrounding environment due to reflected light or other factors.
• Installation shall not pose any issues in terms of area, solar radiation conditions, adjustments in consideration of other use purposes, space for the maintenance of equipment, the future life of the building, structural seismic performance, load conditions, efficiency of installation, use of generated electricity, etc.
4. The scope of this target is offices owned solely by UR where renewable energy is expected to be used continuously.

*▼ Check here to learn more
UR-eco Plan 2024

https://www.ur-net.go.jp/aboutus/action/kankyo/e-report/ecoplan/index.html

Resource Circulation (Reducing Waste)

Environmental Consideration Policy

Environmental Consideration Policy 1-(iii) Strive to use resources effectively and reduce waste.
Environmental Consideration Policy 2-(i) Strive to execute business without creating a significant
environmental footprint.

We formulated our Environmental Consideration Policy, UR’s basic stance on the environment from theperspective of promoting the development of communities and housing units and announced it in FY2005.
The Environmental Consideration Policy states that communities and housing units that UR seeks to develop

Case Studyare environmentally friendly and reduce environmental load in the course of the development of these

Creation of a built-up area that is integrated with the natural environment
in the Atagoyama area.

Mitigation
measures

Adaptation
measuresNEWcommunities and housing units, and the policy reflects the importance of the achievement of these targets

As part of the built-up area redevelopment project, UR is in the process of consolidating the sites of deteriorated buildings in thetogether with the users who use the environments that UR provides instead of working to achieve them throughAtago area and creating a complex built-up area that will be integrated with the natural environment of the neighboring Mt. Atago.
In parallel with the renovation of the approach to Atago Shrine, we will maintain an approximately 1,200 square meterour initiatives alone.

green space in the Atago area by improving the plaza linked to the greenery of Mt. Atago and implementing a planting projectIn particular, the policy reflects our stance of including the concept of safety, security and comfort in thethat considers biodiversity. [Initiatives (i)]environmental factors and working on environmental issues together with stakeholders through dialogue.
It shows what UR should aim to achieve with a view toward realizing a sustainable society while also serving asUR’s long-term vision.

In addition, construction work is ongoing on the slopes of Mt. Atago, a special landslide alert area. These countermeasures
include the reinforcement of existing retaining walls and slopes to preserve the environment and improve safety in the eventof a disaster while considering the preservation of the trees thriving on the slopes of Mt. Atago. [Initiatives (ii)]

1. Develop communities and housing units
that are environmentally friendly.

Contribution to the government’s basic environmental plan(priority strategies)

We have also ensured that rainwater is able to seep into the ground by paving the grounds of the shrine and performing
renovation work in areas where rainwater accumulates, including the installation of permeable pavement and infiltration
gutters. Through initiatives such as these, we are working to prevent rainwater excessively flowing into the sewerage and(i) Work to preserve and regenerate the natural environment in cities.

rivers while also maintaining the ecosystem by preserving the water cycle. Additionally, we have transplanted more than 100(ii) Promote energy-saving measures in communities and housing
units.

existing trees and ground cover plants that have interfered with the work to other places within the grounds of the shrine toReporting

conserve the environment and landscape of Mt. Atago. [Initiatives (iii)](iii) Strive to use resources effectively and reduce waste.
Speciﬁc measures basedon annual plans(ii) Increase communication with stakeholders regarding theenvironment.

Promotion of global
warming countermeasures(i) Strive to execute business without creating a significant
environmental load.

Promotion of the recycling ofconstruction byproducts

2. Conduct businesses in an environmentally conscious fashion.

Procurement ofenvironmental goods, etc.

(v) Consider environmentally conscious lifestyles in cooperation withstakeholders.

Preservation and creation of
the natural environment in cities

Creation of a goodurban landscape(iv) Ensure safety, security and comfort in communities and housingunits.

Environment
ReportUR-eco Plan 2019(global warming
countermeasure
implementation plan)

Medium-term plan(consideration for the environmentand urban landscapes)

Environment Report (main section)
https://www.ur-net.go.jp/aboutus/action/kankyo/e-report/index.html[Initiatives (i)] Concept image of the renovated approach

Environmental Consideration
PolicyCase StudyUR-eco Plan 2019 (global warming countermeasure implementation plan)
https://www.ur-net.go.jp/aboutus/action/kankyo/e-report/ecoplan/index.html[Initiatives (ii)] Slope conservation work

[Initiatives (iii)] Maintenance of the Atago
Shrine grounds

Mitigation
measures

Supply of renovated housing units effectively using existing floor plans

NEW

When a room that has been used for many years becomes vacant in the Misato Housing Complex, UR removes most of its existing
interior and renovates it, including changing the floor plan and repairing equipment. By doing so, we regenerate the room tosupply it as a property with a more comfortable living environment.

Achievements regarding the preservation of the natural environment(countermeasures against the destruction of nature)

Number of trees planted

the environment, UR has reduced construction waste in the constructionof its rental housing units 6% by renovating units in ways that effectively
use resources such as the utilization of existing wooden frames (partition

Effective use of existing trees(preservation / replanting of tall andmedium-sized trees)(Tall and medium-sized trees)

Amid expectations to reduce construction waste emissions to protectwalls). We have also contributed to the extension of the lives of housing

Permeable pavement

complexes by facilitating the improvement of their waterproofing andheat insulation performance.

Approx.

11,500Approx.

Annual CO2 absorption*1

Approx.

3,300 t-CO / year
2130

Approx.

35,100 m

2

Going forward, we will promote these same initiatives in other housing
complexes with a view toward the reduction of environmental burdens.

After renovations (Western-style room 1)

Cumulative amount of CO2 sequestered*2(1956-2021)

Approx.

320,600 t-CO

2

based on trees 3.0 m tall or taller on the premises of rental housing units which have been managed for 30 years or less.
*1.2. Calculated* Calculated based on all trees 3.0 m tall or taller on the premises of rental housing units

Before renovations (Japanese-style room 2)

Before renovations (3K)

Conventional renovation (2LDK)

After renovations (2LDK)Social Contribution Activities

Examples of Past Excellent Practices

Environmental Consideration Policy 1-(v) Consider environmentally conscious lifestyles in cooperation with stakeholders.
Environmental Consideration Policy 2-(ii) Increase communication with stakeholders regarding the environment.

Case Study

Trial implementation of a new method of maintaining and managing
the lawn plaza of a housing complex

NEW

FY2023 Environmental Report Environmental Activities▶ Resource Recycling (Reduction of Waste)

FY2023 Environmental Report Environmental Activities▶ Natural Environment (Response to Destruction of Nature)

UR held three Lawn Living events at the lawn plaza of the Yokodaikita Housing Complex from May to July 2023. Through thisToranomon 2-chome district

initiative, we attempted to implement a new method for managing and maintaining lawns in cooperation with local residents.

(Minato-ku, Tokyo)

Approximately 60 people participated in this initiative.

In consideration of the deterioration of thebuildings of Toranomon Hospital, theNational Printing Bureau and the Kyodo
Tsushin Kaikan and with a view toward
the improvement of the pedestrian
network surrounding these facilities, weare in the process of comprehensively
Toranomon Hospital
redeveloping the block, including thesefacilities. We will renovate the facilities of Toranomon Hospitalwhile maintaining its functions, and move forward with otherinitiatives such as the development of high-performance offices,
the introduction of business support functions to promoteinternational business activities, the building of a safe andcomfortable pedestrian network that connects the surrounding
areas, the strengthening of the urban disaster preparedness
features and the improvement of the urban environment.

Participants from a broad range of age groups actively engaged in weeding, lawn mowing, and other tasks, disposing of 16
kilograms of weeds during the first event that was held. A survey showed that approximately 90% of participants replied that theywere satisfied with the event, including those who said that they enjoyed interacting with other participants. This taught us about
new advantages of lawn management work. When the third event was held, more than 50% of the participants replied that theywanted to continue to take care of the lawn in the future, showing an increase in their attachment to the lawn plaza and their
willingness to co-manage it.
Going forward, UR will continue to consider a variety of management methods while simultaneously working to maintain a
comfortable habitat and increasing the appeal of housing complexes by introducing new community designs.

Mitigation
measures

Urban development at Grand Green Osakafeaturing the core concept,“Green.”

Adaptation
measures

UR is advancing an urban development project featuring industrygovernment-academia collaboration to help the Umekita area in front ofUmeda Station in Osaka be reborn as an intellectually creative city that isinternationally competitive. UR has been acting as a producer overseeing allof the areas included in the project, including the advanced developmentarea, and is currently focusing on the development of the Umekita Phase 2
area (Grand Green Osaka). Efforts are being made to open a facility that offers
a fusion of greenery and innovation in this area by creating large greenery
spaces that are approximately 8 hectares and building bases for newindustries. In addition, Umekita Park, which will function as an evacuation
area in the event of a disaster, will open partially in September 2024 prior tothe opening of the 2025 Osaka-Kansai Expo. It is expected to fully open in thespring of 2027.

Initiatives

Participants weeding

Case Study• Effective use of energy through the coordination of the district
heating and cooling system (DHC) and the cogeneration system(CGS).
• Acquisition of the CASBEE S ranking and ZEB* Oriented certification(for the office portion) through the effective use of energy, thereduction of heat load and other initiatives. (Acquired in FY2023)• Development of fairly large green spaces, mainly along theAkasaka/Toranomon Green Road.
(Approx. 4 ,500 m2)

Participants playing with soap bubbles after lawn maintenance

Promotion of the TOD project in the metropolitan area of Jakarta in Indonesia

Mitigation
measuresNEWabbreviation of Net Zero Energy Building. Refers to a building designed*Anwith the aim of achieving net zero annual primary energy consumption
while maintaining a comfortable in-room environment.

Illustration of Grand Green Osaka after its completion.
Source: The Developer of Grand Green Osaka

The population of Jakarta, the capital of Indonesia, has increased to the same levelas Tokyo due to the country’s economic growth, and the area is facing issues such as

FY2022 Environmental Report Social Contribution Activities ▶ Environment-Oriented Communication

the worsening of air pollution and traffic congestion and the delayed improvement

On-site classes on recycling at elementary schoolsof infrastructure. To resolve these issues, MRT * services commenced in 2019 withAdaptation
measuresthe support of Japan. In July 2023, UR exchanged a memorandum of understanding(learning about recycling)

regarding cooperation with PT Mass Rapid Transit Jakarta which is engaged in theUR has been conducting PR activities related to construction-related recycling (learning aboutrecycling) engaging with elementary schools in Osaka Prefecture, Nara Prefecture and HyogoPrefecture. The classes, which are held in person, explain the recycling of waste and measures toprotect the environment. They are also an opportunity for participants to touch the wastematerials shown during the classes. We held a total of 49 classes up to the end of FY2019. A totalof approximately 5,000 schoolchildren attended these classes. In 2021, as part of efforts topromote these classes in the Kanto area, we held a class for the first time at Hirosawa Public
Elementary School in Wako City, facilitating the schoolchildren’s understanding of constructionrelated recycling by providing lecture-based and experience-oriented classes on the building
demolition process and measures to protect the environment from the perspective of the SDGs.

development and operation of MRT services and the development of the areas
surrounding the MRT stations. Efforts will be made to promote transit-oriented
development (TOD) projects to create public transportation-based cities that do not
rely on automobiles. By doing so, UR will contribute to the creation of business
opportunities for Japanese companies and the resolution of social issues.

*

Mass Rapid Transit: Equivalent to the subway services in Japan

Case Study

Exchange of the memorandum of understanding withMRTJ (Mr. Nakajima, former President of UR)

The KUMA/PRE Flower Project

The KUMA/PRE Flowe Project which was launched in June 2023 at the KUMA/PREThe UR Museum of Urban and Lifestyle Design opened in September 2023

facility for regional activities in Okuma Town, Fukushima Prefecture, is an activity
promoted by local volunteers growing flowers and trees in the KUMA/PRE flower
bed to plant them in many parts of the town in the future with a view toward therecreation of the town that was full of flowers before the great earthquake.
UR provided an outdoor space to help KUMA/PRE members create the flower
bed and take care of the flowers there. People residing or working in the town andstudents supporting the reconstruction gather and engage in activities once amonth. We have been contributing to the formation of regional communities, thedevelopment of leaders, the landscaping of the town and the promotion of greening
by promoting flower planting activities in collaboration with local residents.

Fifth graders proactively answering quizzes

NEWUR Theater on the first floor
Activity in the project

The UR Museum of Urban and Lifestyle Design facility is on the premises of the Nouvelle
Akabanedai housing complex. It provides opportunities to learn about the history of urban
lifestyles and provides information with an eye toward the future. The museum consists of fivebuildings. Specifically it consists of four buildings including the Star House, a registerednational tangible cultural property (building), and a new building housing the exhibition
facility. It shares information about the history of urban and collective housing lifestyles
through restored housing units which were the frontrunners of reinforced concrete collective
housing, and video exhibitions. In addition, with Mr. Masataka Baba of Open A appointed
producer, we have positioned the museum as a place for implementing community
development, rather than a facility that simply shares information, and we will continue toshare information about UR’s business activities using the entire area around Akabane Station.