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Creating a Positive Impact

Creating a Positive Impact

Acquisition of IIF Ota Manufacturing Center (OTA Techno CORE)

In February 2019, IIF carried on an impact investment project (a silent partnership, herein referred to as the “Tokumei Kumiai”) related to the IIF Ota Manufacturing Center (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.

Acquisition of IIF Ota Manufacturing Center (OTA Techno CORE)

Measures Based on the Sustainable Development Goals (SDGs) and the Principles for Positive Impact Finance
The investment is in line with the materiality of the SDGs, which is emphasized by KJR Management, the asset manager for IIF and will contribute to the creation of a sustainable society.
Furthermore, a third-party opinion has been obtained stating that the project is in accordance with the Principles for Positive Impact* of the United Nations Environment Programme Finance Initiative (UNEP FI).

  • *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.

Measures for the Creation of a Sustainable Society

Measures for the Creation of a Sustainable Society

Positive Impact Investment Monitoring Policy

We perform regular monthly or annual measurements concerning the impact set at IIF Ota Manufacturing Center (OTA Techno CORE) in accordance with the following monitoring policy.

This table can be scrolled left and right.

Impact Category Details KPI Monitoring Methods Timing & Specific Methods - FY2020 FY2021 FY2022 対比 備考
Employment and a Comprehensive and Sound Economy
(Positive impact)
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) 6,122.38 6,122.38 6,122.38 0
Leased area (m2) 6,122.38 6,122.38 6,122.38 0
Occupancy rate (%)
* Excluding warehouse
100% 100% 100% 0
(2) No. of employees in leased premises 192 187 189 +1.1%
(3) Patents / various awards received 0 0 0 0
Climate
(Negative impact)
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 2,013,225 2,016,002 +0.1%
Soil
(Negative impact)
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 1,400 2,000 +42.9% Due to tenant equipment replacement, etc.
  • *For a third-party opinion on the impact investment, please click here.
DFF Inc., Industrial & Infrastructure Fund Investment Corporation, Mitsubishi Corp. - UBS Realty Inc.