Principles for Responsible Investment (PRI)
In solidarity with the fundamental ideas of the PRI, KJR Management became a signatory in August 2013.
We are the first J-REIT asset manager to become a signatory of the PRI.
Outline of the Principles for Responsible Investment
1. We will incorporate ESG issues into investment analysis and decision-making processes.
2. We will be active owners and incorporate ESG issues into our ownership policies and practices.
3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.
4. We will promote acceptance and implementation of the Principles within the investment industry.
5. We will work together to enhance our effectiveness in implementing the Principles.
6. We will each report on our activities and progress towards implementing the Principles.
We participate in the initiative, Advance, by signing on as an endorser in December 2022, established by PRI. The initiative aims to make positive impacts on workers, communities and society by investors taking action on human rights and social issues.
Principles for Financial Action towards a Sustainable Society
(Principles for Financial Action for the 21st Century)
In solidarity with these principles put forth by the Ministry of the Environment, we became a signatory in June 2013.
The Principles
1. We will recognize our roles and responsibilities, taking into account the precautionary approach, and promote those actions that contribute towards shaping a sustainable society.
2. We will contribute to the formation of a sustainable global society through the development and provision of financial products and services leading to the development and increased competitiveness of "industries contributing to a sustainable society" as represented by the environmental technologies aservices sector.
3. From the perspective of regional development and improvement in sustainability performance, we assist the environmental programmes of small and medium enterprises. We will also back activities that will raise environmental awareness amongst citizens and support disaster readiness and community activiti
4. In the formation of a sustainable society we will recognize the importance of cooperation with diverse stakeholders and will not only participate in its activities but will endeavor to take a proactive role.
5. We will not be limited to complying with environmental laws and regulations but will take active steps to reduce our own environmental footprint through resource and energy savings as well as encouraging our suppliers to do likewise.
6. We will recognize activities that will further profile sustainability as a business issue and will endeavor to disclose information on our activities.
7. In order to implement the above actions we will aim to raise the awareness of environmental and societal issues of our own board and support them to take an active role through their normal duties.
United Nations Global Compact (UN Global Compact)
We became the first J-REIT asset manager to sign up to the UN Global Compact in October 2016. As a signatory and respecting the ten principles of the UN Global Compact, we have further strengthened its corporate governance in the areas of human rights, labor, the environmental, and anti-corruption, based on its corporate mission to “always create new value for people, the community, and the world.”
Based on the ten principles of UNGC, we will respect the following:
・prohibit discrimination, child labour and forced labour;
・support freedom of association; and
・promote diversity and inclusion
The Task Force on Climate-related Financial Disclosures (TCFD)
We support the spirit of the recommendations published in June 2017 by the Task Force on Climate-related Financial Disclosures (TCFD), which was established by the Financial Stability Board, and in August 2019, we declared that support.
TCFD was established in 2015 by the Financial Stability Board, which is composed of the central banks and financial regulatory authorities of major countries. In June 2017, in order to reduce risks associated with destabilizing financial markets, TCFD recommended that companies disclose business risks and opportunities presented by climate change in the medium to long term, along with the effects of these on financial conditions, as well as specific measures and strategies.
Statement in English
https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-2017-TCFD-Report-11052018.pdfStatement in Japanese translation
https://www.fsb-tcfd.org/wp-content/uploads/2017/06/TCFD_Final_Report_Japanese.pdfRecognizing that climate change is an important environmental issue that significantly affects our business activities, we will aim to take measures in line with the TCFD framework.
Japan Climate Initiative (JCI)
We participated in Japan Climate Initiative (JCI) in May 2020 in support of the JCI's declaration "Joining the front line of global trend for decarbonization from Japan.”
JCI was established in July 2018 as a network of Japanese companies, local governments, organizations, NGOs, etc. that are actively engaged in climate change countermeasures toward the realization of a decarbonized society aimed at by the Paris Agreement.
30by30 Alliance for Biodiversity (30by30 Alliance)
In solidarity with the purpose of the 30by30 Alliance, we participated in October 2023.
Japan Business Initiative for Biodiversity (JBIB)
In solidarity with the objectives of the JBIB, we joined in October 2023.
For details, please go to the web page of JBIB
