Tokyu : ESG Information（P42-P47）

Environmental Initiatives

We formulated the Environmental Vision 2030 to help achieve decarbonation and a recycling-based society and updated our consolidated environmental targets.

Environmental Vision 2030 concept

• Everyday life influences the future
• Taking advantage of the Company's business characteristics relating to public transportation, urban and living infrastructure, we aim to enable the choice of environmentally friendly actions without any special burden, where everyone can contribute to the regeneration of a sustainable society and the local environment.

Goals of Environmental Vision 2030

Realizing Towns in Harmony With the Environment

To create sustainable cities and communities, we will work to realize towns in harmony with the environment toward a decarbonation and recycling-based society, and grow sustainably together with the towns.

Improving the

sustainability ofReinvestment cities/Enhancement

of area value

Increase in

corporate value

Long-TermRecycling-based Business Model

Helping to Solve Global Issues

We will contribute to solving global issues by disseminating

good practices in existing urban areas to reduce

environmental impact and harmonize with the environment.

TOD : Transit-Oriented
Development
(Transit oriented
development)	Forming
	communities
Area-wide initiatives	Collaboration with
partners

Developing Examples of Good Practices

Symbolic initiatives

• Japan's first railway route operated using power that is 100% derived from renewable energy
• • As of FY2022, we switched to electricity derived from renewable energy with zero effective CO₂ emissions for all Tokyu railway lines.
  • This represents Japan's first initiatives to operate railway routes using power that is 100% derived from renewable energy.

2020 Series with improved environmental performance

Kamata Station platform	42
lighting replaced with LEDs

Initiatives Aimed

at Towns

Environmental Vision 2030 Targets

Decarbonized society

Engage in activities aimed at a level that will restrict global warming to 1.5ºC while contributing to the decarbonization of towns.

Recycling-based society

Towards realizing a zero waste society, leverage the many customer contact points characteristic of our business to joint and expand the circle of resource recycling and the circular economy

1	Set challenge targets

Company

(Consolidated)

■ Company (Consolidated) Business Activities Scope 1,2 2030: 46.2% reduction in CO₂ emissions (compared with FY2019 levels)

Renewable energy ratio of 50%

■ 2030: 10% reduction in waste volume (compared with FY2019 levels on a revenue unit basis)

■ 2030: 10% reduction in water usage (compared with FY2019 levels on

2050: Reduce CO₂ emissions to effectively zero	a revenue unit basis)
Renewable energy ratio of 100% (RE100)
	2	Tackle the targets in partnership with all stakeholders		Decarbonization,
					Recycling-based
	3	Provide services that support environmentally friendly behavioral changes
		Society

■ Supply Chain of Business Activities Scope 3 Ascertain CO₂ emissions and promote their reduction

* Target values to be set at a later date

■ Decarbonization of Towns Going Beyond Scope 3 Achieve advances in urban decarbonization with services that help customers decarbonize, energy infrastructure management, coordination with local governments, and other activities.

■ Provision of a menu of services to reduce environmental impact At least 100 by 2030

■ People taking action on the SDGs: increase at least 30% by 2030* (FY2021 50.6% → 65%)

• In an internet-based SDGs awareness survey conducted by Tokyu Corporation in the 17 cities and wards along Tokyu railway lines, this is the percentage of people who responded that they intended to choose a company or intended to take action with regard to at least one of the 17 goals of the SDGs. In 2021 this figure was 50.6%.
  The 30% improvement is equivalent to the number of people taking action increasing by about 820,000.

* For details of Environmental Vision 2030, including the status of major initiatives in urban development, please refer to the following release.	43
https://www.tokyu.co.jp/ir/english/library/library_12.html

HR Strategy

Maximize corporate value by supporting the optimization of individuals as a reform driver

Increase in employee engagement

Specific activities

Supporting the optimization of

individuals

(value provided by the company)

Employee experience

Returning employee growth to the

company

(value sought by the company)

Awareness reform

Major initiatives taken by

E.g. Tokyu corporation

Introduction of company-wide flextime system

(expanded "smart choice")

• Value and pride in working

Personal

Professionalism

Place	Choice	Time
Attire	Refresh

at Tokyu

• Opportunities to grow and

achieve personal goals

goalInquisitive mind and behavior

Improvement of one-on-one meeting

Reform the HR system	Expansion of

• Acceptance of diverse values

Ability

(to recognize skills	recruitment channels
(Introduce re-
and specialization)
employment section)
	Expansion of the

Experience

	External environment	Internal environment
Environmental	Mobilization of employment	Changes in labor force composition
changes
Changes and diversification of	Diversification of work experience
requiring
responses	perception about work	Sophistication and higher
	Shortage of specialized workers	specialization of operations

Shift to selective	range of senior
training programs
worker employment

Implementation of diversity management

44

Social Contribution Activities

We have been committed to solving social issues through our business operations. In addition, we continue with social contribution activities.

• We support school corporations, public interest incorporated foundations and other organizations that work to solve social issues and promote education and culture.
• We run the administrative office of Tokyu Association Federation and local Tokyu Society members are involved in local contribution initiatives.

Education

Culture

Operating school	Tokyu Kids Program	Parent-child nature
corporations	Parent-child,on-the-job	experience tour
・ Gotoh Educational Corporation
(Established in 1929)	experience and facility tours	Kansai Tokyu Society
・ Asia Educational Incorporative	Started in 2007	Started in 2005
(Established in 1941)

The Gotoh Museum	Tokyu Bunkamura	Spring concert
Conservation and exhibition of	Operation of cultural facilities	Tohoku Tokyu Society
artworks and valuables	such as Tokyu Bunkamura
Started in 1992
Opened in 1960	Opened in 1989

The Tokyu

Foundation

Granting scholarship to foreign students

Grant of scholarship to foreign

students and their support

Founded in 1975

Culture and art division

Honoring and grants in the art field Founded in 1990

Environment

Health and

welfare

Mido-link Action	Green Coins	Pinus densiflora	Environment division
Supporting regional	Environmental conservation	afforestation	Preservation and improvement
activities		of environments in the basin
afforestation activities	Saitama Tochigi Tokyu Society
(Tokyu Hotels)	areas of the Tamagawa
Started in 2012	Started in 2011
Started in 2001	Founded in 1974
Tokyu Hospital	Tokyu Children Support	Mother and Child Friendship	Cosponsoring Deaf Kids
Helping employees, their families	Program	Day Christmas Celebration	International Soccer Exchange
	Okinawa Tokyu Society
and local people to stay healthy	Supporting local civil activities	Thailand Tokyu Society
Opened in 1953	Started in 2020	Started in 1993	Started in 2017

Activities by the Tokyu Society

(in 23 areas in Japan and 4 areas overseas)

Contribution to sustainable urban development through environmental	45
preservation and cultural and sport activities Since 1963

Corporate Governance Structure

＜Organization＞

As of June 30, 2022

Type of organization : Company with auditors

Directors	:
Independent outside	:
director
Term of office of	:
Directors
Corporate Auditors	:
Independent outside	:
auditor
Independent Officers	:

12

4

• year 4 2 6

Reference: Corporate governance policy and corporate governance report https://www.tokyu.co.jp/ir/english/manage/governance.html

46