Japan Excellent: Notice regarding the use of CO2-free electricity for the operation of the JEI Kyobashi building

For immediate release

For translation purposes only

November 16, 2021

Japan Excellent, Inc. (TSE: 8987)

Shuichiro Kayama, Executive Director

Asset management company:

Japan Excellent Asset Management Co., Ltd.

Representing:

Shuichiro Kayama, President

Contact:

Kazue horikawa

Director General, Department of Business Planning.

PHONE: + 81-3-5412-7911

Notice regarding the use of CO2-Free electricity for the operation of

JEI Kyobashi Building

Japan Excellent, Inc. (hereinafter “JEI”) announces that from January 2022, all electricity used for the operation of the JEI Kyobashi building, a property owned by JEI, will come from CO2-free electricity.

1. Overview

From January 2022, all electricity used for the operation of the JEI Kyobashi building, owned by JEI, will be converted to CO2-free electricity.

This means that the CO2 emissions from the electricity consumption of the JEI Kyobashi building will be reduced to zero.

“CO2-free electricity “refers to cleanliness and CO2 emission-free electricity that does not use petroleum, coal or other fossil fuels when generating electricity.

Through this initiative, JEI will contribute to two of the United Nations Sustainable Development Goals: Goal 7 (clean and affordable energy) and Goal 13 (climate action).

Thanks to this initiative, the total number of properties that use CO2-free electricity will increase to five.

2. Start date of the supply

January 1, 2022

– 1 –

3. Future JEI initiatives

JEI supports a basic policy to work to reduce the environmental burden and to cooperate / collaborate with stakeholders to achieve a sustainable society. We will continue to advance sustainable development initiatives, including environmental and energy saving measures, as well as improving the energy efficiency of owned buildings.

Japan Excellent, Inc .. website: https://www.excellent-reit.co.jp/en/

– 2 –

Disclaimer

Japan Excellent Inc. published this content on November 16, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 16, 2021 06:15:10 AM UTC.

About Ethel Nester

Ethel Nester

Check Also

With violence and drug abuse on its doorstep, the fence goes up to Alix Goolden Hall

“We need to protect our building and make sure that anyone wishing to come to …