Sustainability Promotion System, Supervision by Board of Directors, and Role of Top Management

Please refer to "Sustainability Promotion System" in Sustainability Policy and Promotion System.

Sustainable Procurement Policy

Please click here for the Sustainable Procurement Policy.

In procuring wood, strive to use wood that has been verified as legal and sustainable, or procure 100% recycled wood.

Timber Procurement Policy

Any development business comes with the potential risks of losing business opportunities or incurring costs to revitalize that ecosystem if any loss of the ecosystem occurs in the region. In the long term, there are concerns that, if demand for timber, one of the materials handled by the Daiwa House Group, grows with a focus on legality and sustainability, there will be difficulties in the procurement of such timber.
Based on the environmental and social standards outlined in the Biodiversity Guidelines [Timber Procurement], which is part of the Daiwa House Group’s Supply Chain Sustainability Guidelines for goods (construction materials, etc.) procured and delivered to DHR by suppliers, the Asset Manager calls for the property management companies to endeavor to use timber with confirmed legality and sustainability or procure 100% recycled timber in its timber procurement.

ZERO Deforestation^* Policy

The Daiwa House Group will:

• Procure timber from suppliers advocating a policy of zero deforestation
• Purchase from suppliers who handle timber with respect for human rights and safety of indigenous people and workers in the country of origin
• Purchase timber whose traceability can be verified
• Expand the use of timber subject to the zero deforestation policy to plywood formwork panels, main equipment, fittings, and wallpaper in addition to structural materials, base materials, batten cleats, and flooring materials

• Zero deforestation timber is:
  (1) Timber without damage to biodiversity due to clear-cutting of natural forests
  (2) Timber planted in a manner that does not damage high carbon stocks (HCS)
  (3) 100% recycled materials

See Stakeholder Engagement for more information.