Social Supply Chain

Policy

As a corporate group supporting offices, housing, and other infrastructure necessary for daily life, we at the Mitsui Fudosan Group recognize that it is our duty to fulfill our social responsibility at an even higher level. To accomplish this, we believe efforts should be made throughout the entire supply chain to promote sustainable procurement and thereby help resolve ESG issues. We have formulated Sustainable Procurement Standards summarizing basic guidelines in this area. We published these standards on our website in December 2018, and have notified our main business partners.

As items to be complied with or actively promoted by both the Mitsui Fudosan Group and its suppliers, our Sustainable Procurement Standards incorporate basic guidelines on (1) Compliance with Laws and Regulations, etc.; (2) Respect for Human Rights Related to Labor; (3) Secure Corporate Ethics; (4) Ensuring Quality; (5) Consideration for the Environment; (6) Information Security; and (7) Risk Management. The idea is to share these standards within the Mitsui Fudosan Group, build and operate an ordering and contract process in line with the nature of our business, and also notify and request the understanding of our business partners. To realize a sustainable society, we will work to promote sustainable procurement throughout our supply chain.

Mitsui Fudosan Group, Sustainable Procurement Standards
(Established in December 2018)

1. Compliance with Laws and Regulations, etc.
  • Comply with laws and regulations of the countries in which business is undertaken, international treaties and social norms.
2. Respect for Human Rights Related to Labor
  • Respect for basic human rights, freedom of association and collective bargaining rights
  • Pay at least minimum wage and ensure health and safety
  • Do not engage in child labor or forced labor
  • Reduce excessive overtime work and prevent overwork
  • Ban discrimination and ensure equal opportunity for workers
  • Comply with countries' laws and regulations and standards in relation to the aforementioned items when conducting business
3. Secure Corporate Ethics
  • Engage in fair and just trade
  • Disclose corporate information in a timely manner
  • Avoid business with anti-social forces
  • Prevent corruption and do not engage in bribery
  • Build an internal reporting system
  • Show consideration for the protection of those making internal reports
4. Ensuring Quality
  • Strive to ensure achievement and improvement of necessary levels of quality
5. Consideration for the Environment
  • Strive to reduce resource use including energy, CO2 emissions and water use, etc.
  • Manage and reduce in an appropriate manner contaminated substances and generation of waste materials
  • Show consideration for biodiversity
  • Preserve the environment, including the aforementioned items
6. Information Security
  • Handle appropriately and protect confidential information and personal information
7. Risk Management
  • Build a risk management framework for accidents and disasters

Diverse Collaborative Efforts

In our Environmental Initiatives Policy, the Mitsui Fudosan Group strives for cooperation (collaborating and cooperating with various stakeholders).

We respect human rights in our business activities through collaboration and cooperation with customers, business partners, local communities, government, and other involved parties.

City Redevelopment Projects

The Mitsui Fudosan Group aims to realize the principles of coexisting in harmony with society, linking diverse values, and achieving a sustainable society. Furthermore, our stance toward neighborhood creation encompasses the following three activity goals.

  • Integration of diverse functions and features by promoting mixed use (combining applications and functions) and integrating the tangible and intangible aspects of the Group's operations.
  • Creation of communities by connecting regions with the people who reside, gather in, or visit the area.
  • Working beyond the simple creation of neighborhoods to address, through town management, specific needs as neighborhoods mature with age year after year.

In office buildings and all other developments, we take into account access to public transport. Located near transport hubs, we offer convenience and safety, and we also promote environmentally friendly use of public transportation at retail facilities, hotels, and other places where many people gather, to contribute to the reduction of CO2 emissions.

In all development, we evaluate accessibility people with disabilities, take measures within the scope stipulated by laws and regulations, and in some cases make additional efforts.

Main Redevelopment Projects

Tokyo Nihonbashi Area

In collaboration with the local community, the Mitsui Fudosan Group strives to energize the Nihonbashi area by strengthening its function as a life science hub, while making use of the history and culture passed down from the Edo period in neighborhood creation and events.

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Kashiwa-no-ha Smart City

The Mitsui Fudosan Group has positioned Kashiwa-no-ha Smart City (Kashiwa City, Chiba) as a cutting-edge model city to respond to a wide range of social challenges, including environmental challenges, a super-aging society, and economic stagnation. We are promoting the development of next-generation neighborhoods with participation from the public, private, industrial, and academic sectors.

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TOKYO MIDTOWN HIBIYA

TOKYO MIDTOWN HIBIYA (Minato-ku, Tokyo), which opened on March 29, 2018, aims to create new future-oriented experiences and value while carrying on the history and tradition of Hibiya, which first developed as a setting for social interaction and relaxation in the Meiji era, and played a major role in the modernization of Japan.

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