| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| Bloomberg ticker | 1928 JP |
| ISIN code | JP3420600003 |
| Industry group | Real estate |
| Aligned with SDGs |
Sekisui House builds and sells steel-frame and wooden housings. The company constructs single-family houses, condominiums, and apartment buildings. Sekisui House also operates real estate brokerage and leasing businesses. Additionally, the company sells construction materials.
The company employs 29,932 people and has a market capitalisation of EUR 15.2 billion. In the last fiscal year the company generated total revenues of EUR 20.3 billion and net income of EUR 1.3 billion.
Investment rationale
Buildings are currently responsible for 39% of global energy related carbon emissions (WGBC), so the built environment sector has a vital role to play in responding to the climate emergency. Sekisui House has constantly been ahead of the curve in terms of sustainability. The company has supplied a cumulative total of more than 70,000 net Zero Energy Houses (ZEH). As such, Sekisui House significantly contributes to the energy transition.
In addition, the company provides a significant contribution to biodiversity. The Gohon no Ki (Five Trees) Project plants native tree species around new construction and surrounding communities and has been going strong for over two decades. Working with customers, the project has planted more than 19 million trees across Japan. A verification of the project’s effects together with the University of the Ryukyus found that it has the potential to lead to a doubling of the number of bird species and a five-fold increase in the number of butterfly species that residential areas attract, proving its contribution to biodiversity.
Sekisui's products and services with positive impact:
- bio-based building materials from certified sources
- buildings certified to a comprehensive sustainable building standard
- energy efficiency equipment and/or key components therefor
- soil remediation services
- terrestrial ecosystem restoration
Alignment with Triodos Transitions: In total 70% of the company's revenues is aligned with one or more Triodos Transitions.
46% of revenues is aligned with the Resource Transition, 21% of revenues is aligned with the Societal Transition and 3% of revenues is aligned with the Energy Transition.
- The contribution to the Societal Transition comes from 21% of revenues related to the impact objective Affordable Housing.
- The contribution to the Resource Transition comes from 31% of revenues related to the impact objective Green Buildings, 10% of revenues related to Circular Economy, 2% of revenues related to Preserving Ecosystems, and 2% of revenues related to Pollution Prevention & Control.
- The contribution to the Energy Transition comes from 3% of revenues related to the impact objective Energy Efficiency.