ESR Partners with Enerbank to Provide Renewable Energy Certificates in Japan

ESR Group Limited is the first real asset manager to partner with Enerbank, one of the major green certificate operators in Japan, to participate in the Green Energy Certificate system. 

Through this system, ESR's self-generated solar power energy from its logistics facilities is now recognised as a renewable power energy source that is fed into the power grid in Japan, and providing an alternative option for companies and communities in Japan to validate their renewable energy contribution with Green Energy Certificates issued by Enerbank.

As a result, the solar panel energy from ESR's facilities that is supplied onsite to its tenants and customers can now be channeled into their utility companies' power grid system for the benefit of others.

In addition, ESR's self-generated energy can be accounted and certified through the Green Energy Certificates issued to the businesses and communities to lower their carbon footprint.

Stuart Gibson, Co-founder and Co-CEO of ESR said: "ESR is excited to collaborate with Enerbank to pilot the Green Energy Certificate system across our new economy infrastructure in Japan. Aligned with ESR's ESG 2025 Roadmap, our ambition is to further increase solar power generation in all operating markets and work towards a 50% increase in ESR's rooftop solar power installed capacity by 2025. To date, our portfolio across the enlarged Group has more than 100 MW of solar power capacity and we intend to grow that considerably in Japan going forward. In addition, we have stayed ahead of the curve by integrating sustainability features and low-carbon innovations into our best-in-class facilities to mitigate environmental impacts.

"Our partnership in the Green Energy Certificate system underlines our commitment in deploying and actualising the environmental value of renewable energy resources to achieve sustainable and efficient operations not only in our premises, but also along our value chain."