Initiatives for Sumitomo Forestry Group's Business and ESG

Global Construction and Real Estate Business

Business Overview

The Sumitomo Forestry Group has been actively entering promising growth markets since launching the housing business in the United States in 2003. Currently, the Housing, Construction and Real Estate Business is expanding even in Australia and Asia. In addition to offering housing and medium- to large-scale wooden constructions that matches the needs of the climate and natural features as well as markets in each region, we promote initiatives to create shared value through our business activities by respecting employees, local residents, corporate organizations, society and every other stakeholder.

Main Business Figures (FY2023 Result)
  • Housing sold and delivered in the United
    States and Australia 13,623houses

Construction and Real Estate Business Development Areas

United States Housing Construction Business Areas

United States Housing Construction Business Areas

United States Housing, Multi-unit Residential and Mixed
Use Commercial Complex Development Business Areas

United States Housing, Multi-unit Residential and Mixed

Australia Single Family Homes and
Landscape Business Area

Australia Single Family Homes and Landscape Business Area

Asian Business Areas

Asian Business Areas

Main medium- to large-scale wooden construction business (excluding Japan)

Country/Region Title Building area Start of construction
Australia (Melbourne) 15-story wooden office 36 Wellington Project 28,865m2 December 2021
United States
(Dallas, Texas)
7-story wooden office Southstone Yards Project Approx. 22,548m2 August 2022
United Kingdom (London) 6-story wooden office Paradise Project 7,445m2 March 2023

Integrated Approach to ESG Initiatives in the Global Construction and Real Estate Business

The Global Construction and Real Estate Business places value on construction that adapts to the living customs and culture of each region. Outside of Japan, we respect the management policies of our local Group companies to create a system that is able to provide products and services best suited to each region. For example, in the United States, enhancements to common areas such as walkways lush with nature and playgrounds as well as information centers built alongside pools, parks, cafés and other amenities in line with the scale of a development heighten community value and satisfaction of lifestyle environments.

In Australia, all-electric appliances and solar panels are standard equipment, adding value from the perspective of reducing environmental impact.

At the same time, we have established a system that enables us to take prompt and reliable action on important matters, including risk assessment in housing and real estate development and ensuring occupational health and safety at work sites, in accordance with Group policies and through communication with Sumitomo Forestry's head office.

ESG Initiatives in the Global Construction and Real Estate Business

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