In February 2019, IIF carried on an impact investment project (a silent partnership, herein referred to as the “Tokumei Kumiai”) related to the OTA Techno CORE building. This is the first case of a J-REIT making such an agreement based on the Principles for Positive Impact Finance.
This table can be scrolled left and right.
|Impact Category||Details||KPI||Monitoring Methods||Timing & Specific Methods||FY2020 Results|
|Employment and a Comprehensive and Sound Economy
|Securing sites for human resource development and skill succession for industrial development over the medium to long-term||(1) Provision of inexpensive lease space to small and medium enterprises
(2) Number of jobs maintained and created by tenant companies
(3) Number of innovations created or awards won by tenant companies
|(1) Change in contracted floor area
(2) Number of employees in lease space
(3) Number of patents and awards of each type won
|(1) Determination of contracted floor area by Management Report from Property Manager and monitoring of changes on an annual basis
(2) (3) Collection of necessary information using a tenant questionnaire administered at the end of February of each year
|(1) Lease area (end tenant)|
|Leasable area (m2)||6122.38|
|Leased area (m2)||6122.38|
| Occupancy rate (%)
* Excluding warehouse
|(2) No. of employees in leased premises||192|
|(3) Patents / various awards received||0|
|Risk of rising CO2 emissions from inefficient energy use at properties||Energy consumption intensity, CO2 emissions intensity||Grasp of amount of electric power used||Observed of each tenant on a monthly basis using centralized metering devices. Changes in usage for the building as a whole are monitored on an annual basis||Electricity consumption (kwh)||2,035,560|
|Risk of contamination of nearby areas by hazardous waste released from plants of tenant companies||Hazardous waste release volume||Interviews of tenants on whether hazardous waste is released||Identification of hazardous waste items added to the industrial waste volume survey collected from each tenant at the end of April of each year for submission to the Bureau of Public Cleansing||Ascertained hazardous and non-hazardous waste: Waste oil (L)||10,400|
IIF is making contributions to local communities through COVID-19 countermeasures. In April 2020, IIF provided (lented) the land as a site for construction of a temporary medical facility for addressing COVID-19 infections free of charge for a fixed term in response to a request from Kanagawa Prefecture made in conjunction with the declaration of state of emergency by the national government.
The adjacent Shonan Kamakura General Hospital was designated a priority healthcare institution (a facility that accept moderate patience) under the Kanagawa Model, and IIF received the above request for cooperation so that the hospital could construct a temporary medical facility.
During what has been referred to as a crisis of healthcare collapse in Kanagawa Prefecture too, IIF decided to cooperate and provide the site for a healthcare facility with the aim of contributing to the health of prefectural and national citizens. IIF received promises from the prefecture and hospital that the project will proceed with maximum care for the safety of tenants and local residents.
IIF will continue to cooperate closely with Kanagawa Prefecture at the property to ensure that tenants and members can commute to work with peace of mind.
* Principles adopted in January 2017 by members of the United Nations Environment Programme Finance Initiative (UNEPFI), namely, financial institutions, to achieve sustainable development and the SDGs as a series of shared principles for financing that will lead to efforts to maximize the positive impact on the economy, society, and the environmental while addressing any negative impacts thereon.
MCUBS, an asset manager for IIF, is putting efforts into helping investors to better understand our initiatives by holding joint briefing sessions on ESG initiatives involving JMF and IIF.
ESG Presentation(Approx. 40 min)
ESG Report January 2020
The IIF Shinagawa Data Center provides a part of its space for the local community events. IIF also provides a space to store mikoshi (portable shrine) and rice-cake making equipment used at local festivals.
At the IIF Kobe District Heating and Cooling Center, the facility visit event is held for people from local communities and other areas to visit air-conditioning facilities at this property, so that they can understand the heat supply system in the Kobe Harbor Land area.
At the IIF Haneda Airport Maintenance Center on the premises of Tokyo International Airport (Haneda Airport), aircraft are inspected and maintained. Visit events are held periodically, which have participants feel more familiar with aircraft and stimulate their interest in aviation through seeing maintenance work being undertaken.
At the IIF Mitaka Card Center, which is one of the properties owned by IIF, there is an interior courtyard whch is used by tenant employees as a place for meetings and having lunch. IIF is putting effort into maintaining the courtyard, such as by changing the flowers and trees planted there.