Through the meetings of the Sustainability Committee, IIF 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 asset manager 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 Mission Statement and Sustainability Policy.
"Since identifying materiality in 2019, your company has conducted regular reviews, steadily addressing each issue while setting KPIs and targets. Based on the status of initiatives, as well as domestic and global trends, you have now significantly revised your materiality. Particularly with regard to "biodiversity," as its importance is growing for companies that deal with real estate, you have advanced your efforts for specifying dependencies and impacts on natural capital, as well as implementing relevant initiatives at your properties. The fact that you now have clearly positioned biodiversity as a materiality issue can be considered an advanced initiative within the real estate management sector. Regarding "human rights", you have advanced the establishment of systems through human rights due diligence, risk management, and monitoring, demonstrating your company's commitment to respect for human rights, which is clearly stated in your human rights policy.
Furthermore, through re-sorting of risks and opportunities, you have more clearly shown why each issue is important. Also, by rearranging KPIs and targets according to the actual status, you have enhanced their alignment with initiatives. I expect you will further deepen your responses to each issue going forward while conducting reviews as necessary."
In 2025, in response to changes in the times and international trends, a review of materiality was conducted. In principle, materiality is reviewed regularly once every three years.
The revised materiality topics are presented below.
This table can be scrolled sideways.
| Materiality | Risks | Opportunities | KPIs | Targets | Initiatives |
|---|---|---|---|---|---|
| Environmental | |||||
| Climate Change Response |
|
Cost reduction through efficient energy use | GHG emissions | Reduce total GHG emissions by 42% compared to FY2021 (Scope 1 & 2, target year: 2030) |
|
| Environmental certification acquisition ratio |
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Continuous acquisition of CASBEE Real Estate Evaluation and DBJ Green Building Certification |
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| Resilience | Increased costs for recovery and compensation after disasters | Improvement of property competitiveness | Emergency contact network development rate | Maintain 100% implementation rate |
|
| Water Resources | Increased costs due to higher water consumption | Cost reductions through reduced water usage | Water consumption |
|
|
| Biodiversity | Decline in evaluation by tenants and investors that prioritize sustainability |
|
Biodiversity-related certifications | Maintain existing certifications |
|
| Waste |
|
Reduction of waste disposal costs through waste reduction | Recycling rate for properties under the Investment Corporation’s controllable management scope | Improved compared with FY2022 (FY2022 recycling rate: 40.5%) | Monitoring of waste generation |
| Social | |||||
| Tenant Health, Comfort, and Convenience | Decline in property competitiveness |
|
Tenant satisfaction survey implementation rate | 100% implementation rate |
|
| Stakeholder Partnerships |
|
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Number of green leases introduced | Continuous expansion | - |
| Number of tenant sustainability initiatives | Promote tenant-led sustainability initiatives through engagement | - | |||
|
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Community engagement events | Regular implementation |
|
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| Human Rights | Reputational damage due to human rights impacts | Building stakeholder trust | Human rights due diligence frequency | Once per year |
|
| Human Capital (HR Development, DEI, Well-being) |
Loss of talented personnel |
|
① Male childcare leave usage rate ② Female manager ratio ③ Annual training hours ④ Employee satisfaction survey |
① 50% usage rate (At least one employee has taken childcare leave.) ② 20% female managers (2027) ③ 20 hours/person/year ④ Annual survey |
|
| Governance | |||||
| Information Disclosure |
|
Building stakeholder trust | Number of disclosures |
|
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| Compliance & Corporate Ethics |
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Improved customer trust | Compliance training participation rate | 100% participation |
|