Sustainability Policy

Materiality and KPIs

Materiality and KPIs

Materiality

Through the meetings of the Sustainability Committee, the asset manager has examined its vision and targets for sustainability and carried out efforts toward their realization. As the level of interest toward sustainability is rising, the Company has further clarified the responses to be taken by identifying and visualizing related to sustainability materiality through dialogue with global stakeholders and collaborative efforts with other organizations. These issues were identified based on the Company’s Corporate Philosophy and Sustainability Policy.

Materiality

List of Sustainability Issues

  • Response to sustainability certifications
  • Building resilience
  • Response to climate change
  • Energy efficiency
  • Ensuring of health and well-being of and convenience for people (tenants)
  • Employee cultivation and level of satisfaction
  • Efficient water use
  • Waste disposal
  • Partnership with stakeholders
  • Biodiversity in areas surrounding our buildings
  • Human rights
  • Diversity, equity, and inclusion
  • Compliance
  • Supply chain management

Materiality and KPIs

Level of Importance ★★★

This table can be scrolled sideways.

Materiality Target KPI Risk Opportunity Related SDGs
Response to sustainability certifications Improve sustainability activities through participation in external evaluation organizations such as GRESB Defined by each investment corporation Decline in assessment among tenants and investors who base their assessments on sustainability
  • Improve environmental performance of propertie
  • Expand the range of investors
 [9] INDUSTRY, INNOVATION, AND INFRASTRUCTURE
[11] SUSTAINABLE CITIES AND COMMUNITIES
Improving proportion of environmental certifications Defined by each investment corporation
Response to climate change Reduction in GHG emission Defined by each investment corporation
  • Drop in tenant sales & increase in property damages due to physical impact of climate change
  • Decline in assessment by tenants & investors
 Cost reduction with efficient energy use [13] CLIMATE ACTION
Energy efficiency Improvement in energy consumption Defined by each investment corporation
  • Increase in energy-related expenses
  • Reinforcement of environmental regulations
 Cost reduction with efficient energy use [7] AFFORDABLE AND CLEAN ENERGY
Introduction of renewable energy use Defined by each investment corporation
Building resilience Implementing disaster prevention measures Defined by each investment corporation Increase in expenses for recovery,
compensation, etc., after natural
disasters		 Increase in property competitiveness [9] INDUSTRY, INNOVATION, AND INFRASTRUCTURE
[11] SUSTAINABLE CITIES AND COMMUNITIES
Ensuring of health and well-being of and convenience for people (tenants) Improvement in tenant employee space Defined by Japan Metropolitan Fund Investment Corporation
  • Decline in property competitiveness
  • Manpower outflow due to declining work conditions
  • Improved sustainability assessment by assessment bodies and investors
  • Improvement in employee satisfaction and tenant assessment & satisfaction
 [3] GOOD HEALTH AND WELL-BEING
Visualization of health and comfort Defined by Japan Metropolitan Fund Investment Corporation
Implementation of employee satisfaction survey Survey conducted annually
More Details
Diversity, Equity, and Inclusion Development of working environments where employees can fulfill their potential and achieve a work-life balance Achievement of a 50% utilization rate of parental leave by male employees (at least one employee taking parental leave)
More Details		 Outflow of talent
  • Achievement of work-life balance and support for continued employment
  • Recruitment of talent
 [5] GENDER EQUALITY
[8] DECENT WORK AND ECONOMIC GROWTH
Further promotion of women’s active participation in the workplace to continue fostering groundbreaking innovation Raise the percentage of female employees in management roles to 20% (target year: 2027)
More Details
Employee cultivation Employee participation in compliance training 100%
Training conducted annually
More Details
  • Outflow of talent
  • Emergence of risks with decline in compliance awareness
  • Development & recruitment of competitive human resources
  • Assurance of customer trust through improved compliance awareness
 [8] DECENT WORK AND ECONOMIC GROWTH

Level of Importance ★★

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Materiality Target KPI Risk Opportunity Related SDGs
Efficient water use Reduction in water consumption Defined by Industrial & Infrastructure Fund Investment Corporation
  • Impact of shortage or quality decline of water resources on surrounding areas
  • Rise in cost with increase in water consumption volume
 Cost reduction with reduction in water consumption [6] CLEAN WATER AND SANITATION
Waste disposal Reduction in wastes Defined by Industrial & Infrastructure Fund Investment Corporation
  • Reputation risk caused by increase in wastes
  • Increase in processing cost
 Processing cost reduction with reduction in wastes [11] SUSTAINABLE CITIES AND COMMUNITIES
[12] RESPONSIBLE CONSUMPTION & PRODUCTION
Collaboration with local communities Providing land to community events Defined by Industrial & Infrastructure Fund Investment Corporation
  • Degradation of the environmental surrounding the real asset
  • Decline in reputation in the neighboring area
  • Revitalization of neighboring areas
  • Improvement of corporate image
 [17] PARTNERSHIPS FOR THE GOALS

Level of Importance ★

This table can be scrolled sideways.

Materiality Target KPI Risk Opportunity Related SDGs
Waste disposal Increase in recycling rate Defined by Japan Metropolitan Fund Investment Corporation
  • Reputation risk caused by increase in wastes
  • Increase in processing cost
 Processing cost reduction with reduction in wastes [12] RESPONSIBLE CONSUMPTION & PRODUCTION
Water Reduction in water consumption Defined by Japan Metropolitan Fund Investment Corporation
  • Impact of shortage or quality decline of water resources on surrounding areas
  • Rise in cost with increase in water consumption volume
 Cost reduction with reduction in water consumption [6] CLEAN WATER AND SANITATION
Partnership with tenants Proposing introduction of green leases to tenants Defined by Japan Metropolitan Fund Investment Corporation
  • Greater tenant burden regarding safety and the environment
  • Decline in tenant satisfaction
  • Devolution into property attractive to the tenant
  • Generation of stable revenues
[12] RESPONSIBLE CONSUMPTION & PRODUCTION
[17] PARTNERSHIPS FOR THE GOALS
Conducted 100% tenant satisfaction surveys at directly managed properties Defined by Japan Metropolitan Fund Investment Corporation
Proposing interior design standards (environmental considerations) for tenants Defined by Japan Metropolitan Fund Investment Corporation
Collaboration with local communities Support for social welfare organizations Defined by Japan Metropolitan Fund Investment Corporation
  • Degradation of the environment surrounding the property
  • Decline in reputation in the neighboring area
  • Revitalization of neighboring areas
  • Improvement of corporate image
 [17] PARTNERSHIPS FOR THE GOALS
Providing land to community events Defined by Japan Metropolitan Fund Investment Corporation
DFF Inc., KJR Management