ESG at the Mitsui Fudosan Group

Declarations to Society and Participation in International Initiatives

Participation in the United Nations Global Compact

The Group supports and signed the UN Global Compact (UNGC), which comprises 10 principles relating to human rights, labor, environment, and anti-corruption. Further, based on Group management’s commitment, we have participated in its local network in Japan called the Global Compact Network Japan (GCNJ) and have been conducting our business in consideration of its 10 principles.

In 2001, we established a Group Environmental Policy, and we have helped curb global warming by creating buildings and neighborhoods which conserve energy and have low greenhouse gas emissions, and we have also made efforts in areas such as prevention of environmental pollution, reduction of waste, and conservation of water and biodiversity. As a corporate group supporting office buildings, housing, and other infrastructure necessary for daily life, we will fulfill our social responsibility at an even higher level by making even greater efforts in the future in areas such as environmental conservation.

For details on the UN Global Compact, please see the following:
https://www.unglobalcompact.org/

Affiliation with RE100

The Group is a member of RE100, a global initiative committed to utilizing 100% renewable energy. We have been fighting against climate change as a recognized member of the Japan Climate Leaders’ Partnership (JCLP), a coalition of Japanese business associations that aims to make society more sustainable and is a local partner of RE100. Through our participation in JCLP, we will collaborate with other companies that are aiming to bring about a decarbonized society and make policy proposals, etc., to the government.

For more detailed information about RE100, please refer to the following link.
http://there100.org/companies

RE100

Supporting the Task Force on Climate-related Financial Disclosures (TCFD)

The Group agrees with the disclosure of the associated risks and opportunities regarding climate change proposed by the Task Force on Climate-related Financial Disclosures (TCFD). Furthermore, we are also active as a member of the TCFD Consortium, a collective of Japanese companies supporting the TCFD.

For more detailed information about the TCFD, please refer to the following link.
https://www.fsb-tcfd.org/tcfd-supporters/

TCFD

Acquired SBT initiative certification for greenhouse gas (GHG) emission reduction targets

Greenhouse gas (GHG) emission reduction targets for the whole group have been set to "1.5°C" based on the international Science Based Targets (SBT) initiative.

For more detailed information about the SBT initiative, please refer to the following link.
https://sciencebasedtargets.org/companies-taking-action

SBT

Signing up to the Principles for Responsible Investment

Nippon Building Fund Management Ltd. is in agreement with, and a signatory to, the Principles for Responsible Investment (PRI). The PRI advocate the incorporation of ESG issues into the investment decision-making process, and by including these perspectives, the goal is to improve the performance of long-term investments and further fulfill responsibilities as a trustee.