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Sustainability is IIF’s Aim

With its philosophy of “investing in social infrastructure as a source of power for the Japanese economy and supports Japan’s industrial activities from the perspective of real estate” IIF shares the same concept about sustainability with Mitsubishi Corp. -UBS Realty Inc. (MCUBS) that outsources its asset management, and is forging ahead with initiatives. IIF conducts its investment and operational activities in accordance with "Responsible Property Investment Policy" a policy set out by the asset manager.
 
MCUBS recognized the importance of sustainability at an early stage and as an asset manager, promoted ESG activities.
Then, as a response to the “sustainable development goals” (SDGs) promoted by the United Nations as a new set of common global goals, ESG materiality (key issue) and the SDGs that are closely related to them were adopted, and we will continue to endeavor to bring about a sustainable society through reduction of environmental impact, creation of social value, and sound asset management for all stakeholders.

2050 Carbon Neutral Declaration

Aim to reach carbon neutrality by 2050

2030 Greenhouse Gas (CO2) Emission Reduction Target

Reduce CO2 emissions per unit by 50% by 2030 compared with 2015

Closely Related SDGs to ESG Materiality of MC-UBS Group

IIF has adopted MCUBS’s policy and worked together with the MC-UBS Group, through the Sustainability Committee to study the sustainability vision and goals and ways of working towards making sustainability a reality. It is thought that, with increasing interest in ESG, the concept of sustainability will become more precise through the identification and visualization of materiality related to sustainability issues when conducting dialogue on the subject or cooperating in initiatives with stakeholders.

Level of Importance ★★★

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Most important
ESG materiality
Target KPI Risk Opportunity Closely related
SDGs
Response to
sustainability
certifications
Improving proportion
of environmental
certifications
  • Acquiring certifications for 60% or more of the total portfolio
  • Acquiring certifications for 70% or more of Logistics facilities (Target year: 2023)
Decline in assessment among tenants and investors who base their assessments on sustainability
  • Improve environmental performance of properties
  • Expand the range of investors
[9] INDUSTRY, INNOVATION AND INFRASTRUCTURE [11] SUSTAINABLE CITIES AND COMMUNITIES
Improving
sustainability activities
through participation
in GRESB and other
external evaluation
institutions
  • MSCI Acquiring
    more than “A” rank
  • GRESB Acquiring “5 Star”
Building resilience Implementing disaster
prevention measures
Completion of construction of emergency call tree Increase in expenses for recovery, compensation, etc., after natural disasters Increase in property competitiveness [9] INDUSTRY, INNOVATION AND INFRASTRUCTURE [11] SUSTAINABLE CITIES AND COMMUNITIES
Response to climate
change
Reduction in
CO2 emission
Reduction in CO2 emission per unit* by 50% compared with 2015
(Target year: 2030)
  • 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
Reduction in energy consumption per unit* by 30% compared with 2015
(Target year: 2030)
  • Increase in energy-related expenses
  • Reinforcement of environmental regulations
Cost reduction with efficient energy use [7] AFFORDABLE AND CLEAN ENERGY
Introduction of renewable energy Switching to electricity procured from renewable energy in IIF’s directly managed properties (Target year:2030)

Level of Importance ★★

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Important
ESG materiality
Target KPI Risk Opportunity Closely related
SDGs
Efficient water use Reduction in water
consumption
Keeping water use per unit* at the same level as 2015
(Target year: 2030)
  • 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
Collaboration with local
communities
Providing land to
community events
  • Existing Property Maintenance for the actual condition
  • New Property Consideration of the plan based on the negotiation with tenants
  • 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

* Calculated based on the total floor space (after considerations for occupancy rate)

IIF’s Sustainability that Takes ESG into Account

As a member of the MC-UBS Group, IIF’s corporate activities are based on long-term perspectives of the environmental, society and governance in which ESG is taken into account. From the perspective of the degree of influence on both society and the MC-UBS Group, the goal is sustainable growth of the Group and contributing to the SDGs, which, as a global company, is a sustainable development goal, through a focused approach on the identified materiality and creating economic and social value.

Approach to ESG Materiality, and the SDGs

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EEnvironmental
Goal
Contributing SDGs
Objective of principal initiatives/Examples of initiatives Social benefits Company benefits
Reduce environmental impact
[6] CLEAN WATER AND SANITATION [7] AFFORDABLE AND CLEAN ENERGY [12] RESPONSIBLE CONSUMPTION & PRODUCTION
Control CO2 emissions
・Convert lighting to LED
・Update energy-saving devices for air-conditioning
・Install solar panels
・ESCO business
・Green lease

Promote efficient use of water
・Reuse on-site well water
・Install water-saving toilets
・Reduce environmental impact ・Improved NOI

・Strengthen tenant partnership

・Increase in facility value

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SSociety
Goal
Contributing SDGs
Objective of principal initiatives/Examples of initiatives Social benefits Company benefits
Contribute to society by supporting Japanese industry
[3] GOOD HEALTH AND WELL-BEING [8] DECENT WORK AND ECONOMIC GROWTH [9] INDUSTRY, INNOVATION AND INFRASTRUCTURE [11] SUSTAINABLE CITIES AND COMMUNITIES [13] CLIMATE ACTION [15] LIFE ON LAND [17] PARTNERSHIPS FOR THE GOALS
Improve health and well-being of tenant employees
・Increase number of restrooms

Disaster prevention measures
・Install storage batteries for tenants
・Provide lifeline equipment at the time of disaster
・Use domestic water at the time of a well water accident
・Install a waterproofing board

Contribute to the community and raise awareness about the environmental
・Implement ESG study meeting for tenants
・Greening of facilities
・Provide sites for regional events
・Provide facility study tours
・Invest in PRE projects
・Bring about a symbiotic society

・Revitalize local community and economy

・Bring about a sustainable society
・Strengthen tenant partnerships

・Strengthen building resilience

・Improve recognition level

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GGovernance
Goal
Contributing SDGs
Objective of principal initiatives/Examples of initiatives Social benefits Company benefits
Practice sound asset management for all stakeholders
[9] INDUSTRY, INNOVATION AND INFRASTRUCTURE [11] SUSTAINABLE CITIES AND COMMUNITIES [12] RESPONSIBLE CONSUMPTION & PRODUCTION [17] PARTNERSHIPS FOR THE GOALS
Comprehensive corporate governance system
・Governing body made up of General Meeting of Unitholders, Board of Directors and Accounting Auditors"
・Transparent management fees
・Transparent decision-making
・Thorough awareness of compliance issues
・Eliminate anti-social forces
・Commit to fiduciary responsibility

Information disclosure to stakeholders
・Timely disclosure/optional disclosure/IR activity
・Disclose information to ESG investors

Maximize investor value
・Sign on to and participate in international initiatives
・Obtain external evaluation/certification
・Maintain and develop a sound market ・Practice sound and efficient asset management

・Expand investor base

Questions concerning MC-UBS sustainability

Mitsubishi Corp.-UBS Realty Inc.

URL :https://www.mc-ubs.com/english/

What's New

08/14/1985
test
Environmental
Environmental Charter and Approvals

Environmental Performance

Environmental Performance IIF works actively on energy conservation ...

Environmental
Climatic Variation

Strategy

Risks and Opportunities of Climate Change The TCFD recommendations class...

Environmental
Environmental Charter and Approvals

Environmental Approvals and Evaluations for Group Assets

Environmental Approvals and Evaluations for Group Assets IIF activel...

Environmental
Climatic Variation

Initiatives for Task Force on Climate-related Financial Disclosures (TCFD)

Initiatives for Task Force on Climate-related Financial Disclosures (TCFD...

Environmental
Environmental Charter and Approvals

Environmental Charter

Environmental Charter Environmental Approvals and Evaluations for Gr...

Governance
Governance

Compliance

Compliance Basic Policy Based on the policy of MCUBS, the a...

Governance
Governance

Maximize investors value

Maximize investors value The IIF asset manager MCUBS places impo...

Index
GRI Content Index

GRI Content Index

Universal Economic Environmental Social General Disclos...

Environmental
Environmental Charter and Approvals

Water

Water IIF is working towards the sustainable use of resources and ac...

Social
Social

Communication with Local Communities

Communication with Local Communities IIF works to create important b...

Environmental
Climatic Variation

IIF Supports “Zero Emission Tokyo” Initiatives

IIF Supports “Zero Emission Tokyo” Initiatives In support of initiat...

Environmental
Environmental Charter and Approvals

IIF Supports “Zero Emission Tokyo” Initiatives

IIF Supports “Zero Emission Tokyo” Initiatives In support of initiat...

Governance
Governance

Information Disclosure

Information Disclosure IIF strives to explain their investment pol...

Environmental
Climatic Variation

Indexes and Goals

Indexes and Goals IIF seeks to hold down the increase in average tempera...

Environmental
Environmental Charter and Approvals

Biodiversity

Biodiversity IIF recognizes the critical importance of what ecosyste...

Environmental
Environmental Charter and Approvals

Example of Initiatives

Example of Initiatives Effectively using water resources by tappin...

Environmental
Environmental Charter and Approvals

Example of Initiatives

Example of Initiatives Cooperating with tenants, IIF actively implem...

Award from External Party
Award from External Party

Award from External Party

GRESB Listing on ESG Indices Best IR Award 2015 Porter Prize A...

Environmental
Environmental Charter and Approvals

DBJ Green Building Certification

DBJ Green Building Certification Under the DBJ Green Building system...

Governance
Governance

Corporate Governance Compliance IIF enters into asset managem...

SFDR Disclosures
SFDR Disclosures

SFDR Disclosures

IIF was established under the Law Concerning Investment Trusts and Investme...

Environmental
Environmental Charter and Approvals

Energy

Energy IIF implements environmentally friendly and energy-saving m...

Environmental
Climatic Variation

Risk Management

Risk Management Related to Climate Change The Sustainability Committee ide...

Social
Social

Communication with Stakeholders

Communication with Stakeholders IIF means that its stakeholders cove...