Daiwa House REIT Investment Corporation is a Japanese real estate investment trust that specializes in residential properties. The company was established in 2010 as a subsidiary of Daiwa House Industry Co., Ltd., one of Japan's largest home builders. Daiwa House REIT Investment Corporation is listed on the Tokyo Stock Exchange and has a market capitalization of approximately ¥300 billion.

The company's portfolio consists of over 200 properties located across Japan, including apartments, condominiums, and single-family homes. As of March 2021, the total floor area of its properties was approximately 2.2 million square meters. The majority of its properties are located in the Tokyo metropolitan area, which is known for its high demand for rental housing.

Daiwa House REIT Investment Corporation is committed to reducing its environmental impact and promoting sustainability. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2013 baseline. To achieve this goal, it has implemented various measures to improve the energy efficiency of its properties, such as installing LED lighting and upgrading heating and cooling systems.

In addition, the company has been actively pursuing decarbonisation by increasing its use of renewable energy. It has installed solar panels on the roofs of some of its properties, which generate electricity that is used to power common areas and shared facilities. Daiwa House REIT Investment Corporation has also entered into agreements to purchase renewable energy from external sources, such as wind and solar power plants.

One of the ways Daiwa House REIT Investment Corporation has achieved its sustainability goals is through corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy supplier, in which the company agrees to purchase a certain amount of renewable energy at a fixed price. By entering into a corporate PPA, Daiwa House REIT Investment Corporation is able to secure a stable supply of renewable energy and reduce its reliance on fossil fuels.

In 2020, the company signed a corporate PPA with a wind power plant in Hokkaido, which will supply it with approximately 10,000 megawatt-hours of renewable energy per year. This is equivalent to the electricity consumption of approximately 2,800 households. By purchasing renewable energy through a corporate PPA, Daiwa House REIT Investment Corporation is able to reduce its carbon footprint and contribute to the transition to a low-carbon economy.

Daiwa House REIT Investment Corporation has also implemented various measures to reduce its corporate energy consumption. For example, it has installed energy-efficient lighting and air conditioning systems in its offices, and encourages employees to turn off lights and electronics when not in use. The company has also introduced a telecommuting program, which allows employees to work from home and reduces the need for office space and energy consumption.

In conclusion, Daiwa House REIT Investment Corporation is a Japanese real estate investment trust that specializes in residential properties. The company is committed to promoting sustainability and reducing its environmental impact. It has set a target to reduce its greenhouse gas emissions by 30% by 2030, and has implemented various measures to improve the energy efficiency of its properties and reduce its corporate energy consumption. Daiwa House REIT Investment Corporation has also been actively pursuing decarbonisation by increasing its use of renewable energy, including through corporate power purchase agreements. As a leader in the residential REIT sector, the company is well-positioned to contribute to the transition to a low-carbon economy and promote sustainable development.