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.
PRI signatories are required to report annually on their responsible investment activities.
In the 2023 report, we received the following scores.
| Module | Score |
|---|---|
| Policy Governance and Strategy | ★★★★★ |
| Real estate | ★★★★★ |
| Confidence building measures | ★★★★☆ |
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.
In solidarity with these principles put forth by the Ministry of the Environment, we became a signatory in June 2013.
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:
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.pdf
Statement in Japanese translation
https://www.fsb-tcfd.org/wp-content/uploads/2017/06/TCFD_Final_Report_Japanese.pdf
Recognizing 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.
We are committed to sustainability through the asset management business relating to the Investment Corporations. For details, please see the websites of Japan Metropolitan Fund Investment Corporation and Industrial & Infrastructure Fund Investment Corporation Investment.
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.
In solidarity with the purpose of the 30by30 Alliance, we participated in October 2023.
In solidarity with the objectives of the JBIB, we joined in October 2023.
