Komori
Other Disclosures8877ESLEAD CORPORATIONReal Estate

Disclosure based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

The エスリード Group disclosed its governance, strategy, risk management, and metrics and targets related to climate change in line with the TCFD Recommendations. It also presented actual Scope 1, 2, and 3 emissions and reduction targets for 2030 and 2050.

Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
46
% (2030 reduction target for Scope 1 and 2 emissions, versus FY2021)
Wording
Conditional
How definitive the wording is.

Announced details

ZEH-specification homesNS Mold × NS Coat productsFrameless meter box doorsEV car-sharing servicesSolar Power Generation Equipment
Applicable field (uses covered by this announcement)

Housing, condominiums and detached homes, construction, solar power generation, electricity supply, and EV car sharing

Launch dateFebruary 2023 (actual provision of EV car-sharing services to residents of Eslead Kyoto Umekoji Park)
Contract Date31 January 2023 (green loan agreement)
What the company reported numerically
Quantitative Effects

Reduced CO2 emissions from frameless meter box doors to approximately half through material selection and reduced installation labor

Relationship between the counterparty and the company
ESLEAD CORPORATION8877
Relationship with the Company

Group company 綜電株式会社 entered into a green loan agreement with THE SHIGA BANK,LTD. イー・エル建設株式会社 obtained a utility model right for NS Mold × NS Coat and jointly developed and obtained a patent for frameless meter box doors.

Award/certification name

ZEH Oriented certification, ZEH Developer registration certification, and certification of the Green Loan Framework by an external evaluation organization

Awarding / certifying body

Ministry of Economy, Trade and Industry (ZEH Developer registration system), external evaluation organization (Green Loan Framework), Not disclosed (ZEH Oriented certification body)

Location (as indicated in this announcement)

Yamaga, Kumamoto Prefecture, and Funaki, Yamaguchi Prefecture (locations of solar power plants); Not disclosed for the others

11 utility-scale solar power plants (owned by 綜電株式会社)
Impact on Business Performance

ZEH is expected to increase costs in the medium term, while increasing revenue is expected over the long term. The impact on earnings for the other items is Not disclosed.

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Ministry of the Environment, “Overview of the IPCC Sixth Assessment Report”; IPCC Sixth Assessment Report; Ministry of Economy, Trade and Industry, “Green Growth Strategy” and ZEH Developer registration system; SSBJ standards; and the government's Seventh Strategic Energy Plan

Announced details
ItemDetails
Names of Products / Services CoveredZEH-specification homes, NS Mold × NS Coat products, Frameless meter box doors, EV car-sharing services, Solar Power Generation Equipment
Relationship with the CompanyGroup company 綜電株式会社 entered into a green loan agreement with THE SHIGA BANK,LTD. イー・エル建設株式会社 obtained a utility model right for NS Mold × NS Coat and jointly developed and obtained a patent for frameless meter box doors.
Contract Date31 January 2023 (green loan agreement)
Launch dateFebruary 2023 (actual provision of EV car-sharing services to residents of Eslead Kyoto Umekoji Park)
Applicable areaHousing, condominiums and detached homes, construction, solar power generation, electricity supply, and EV car sharing
Award/certification nameZEH Oriented certification, ZEH Developer registration certification, and certification of the Green Loan Framework by an external evaluation organization
Awarding / certifying bodyMinistry of Economy, Trade and Industry (ZEH Developer registration system), external evaluation organization (Green Loan Framework), Not disclosed (ZEH Oriented certification body)
LocationYamaga, Kumamoto Prefecture, and Funaki, Yamaguchi Prefecture (locations of solar power plants); Not disclosed for the others
Location scale11 utility-scale solar power plants (owned by 綜電株式会社)
Quantitative EffectsReduced CO2 emissions from frameless meter box doors to approximately half through material selection and reduced installation labor
Impact on Business PerformanceZEH is expected to increase costs in the medium term, while increasing revenue is expected over the long term. The impact on earnings for the other items is Not disclosed.
SourceMinistry of the Environment, “Overview of the IPCC Sixth Assessment Report”; IPCC Sixth Assessment Report; Ministry of Economy, Trade and Industry, “Green Growth Strategy” and ZEH Developer registration system; SSBJ standards; and the government's Seventh Strategic Energy Plan
Items this document does not state (6)
CounterpartyCounterparty overviewContract ValueOffering priceRegistration number and expiry dateUsage history

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To address climate change, engage in dialogue with stakeholders, refine its analysis and deepen its initiatives, and respond to sustainability disclosure requirements in Japan and overseas.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Disclosure based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) | ESLEAD CORPORATION (8877) timely disclosure | Komori