Mitsubishi Estate Logistics REIT Investment Corporation

JAPANESE

Print

Font Size
S
L

External Evaluation and Certifications

  1. Home
  2. ESG Initiatives
  3. External Evaluation and Certifications

International Initiatives and Participation

Signing of PRI

The Principles for Responsible Investment ("PRI") comprises an international network of investor signatories that works to realize the Six Principles established for the finance industry in 2006 under the leadership of the then United Nations Secretary-General, Kofi Annan. This network is promoted through the United Nations Environment Programme ("UNEP") and the United Nations Global Compact ("UNGC").
PRI encourages the incorporation of Environment, Social and Governance issues into investment decision-making processes, with the aim to help companies enhance long-term investment performance and better fulfill their fiduciary duty. As of March 2019, approximately 2,300 institutions, representing more than US$86 trillion in assets under management, have signed on to PRI.
Asset Management Company agreed with the basic approach of PRI and became a signatory in March 2020.

<The Six Principles>
Principle 1: We will incorporate ESG issues into investment analysis and decision-making processes.
Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices.
Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest.
Principle 4: We will promote acceptance and implementation of the Principles within the investment industry.
Principle 5: We will work together to enhance our effectiveness in implementing the Principles.
Principle 6: We will each report on our activities and progress towards implementing the Principles.

GRESB Real Estate Assessment

GRESB assesses the sustainability performance of real assets across the globe. The assessment was established in 2009 primarily by major European pension funds which took the lead in Principles for Responsible Investment (PRI). The GRESB Real Estate Assessment is distinguished by its comprehensive evaluation of initiatives for sustainability of property companies, REITs and real estate funds. MEL has been awarded the prestigious “5 Stars” and “Green Star” by the 2020 GRESB. MEL was also recognized as the “Global Listed Industrial Sector Leader” as well as the “Asia Listed Industrial Sector Leader,” demonstrating its outstanding performance in environment, social and governance.

November 25, 2020 MEL Awarded 5 Stars (Green Star) and Recognized as the Global Sector Leader by GRESB Real Estate Assessment

GRESB Public Disclosure

MEL also received the highest “A Level” for the GRESB Public Disclosure for the first time, which assess the width of our ESG disclosure.

Participation in UNGC

UNGC is a voluntary, global initiative supporting a global framework for sustainable growth through the demonstration of creative, responsible leadership by the respective corporations and organizations as principled members of society.
First proposed in 1999 by the then United Nations Secretary-General Kofi Annan, participants currently number more than 13,000 organizations and companies based in 160 countries (as of July 2018). It engages in activities based on ten universally-accepted principles in the four areas of human rights, labor, environment, and anti-corruption.
Mitsubishi Estate Co., Ltd. became a signatory of the UNGC and Mitsubishi Estate Group was registered as participants in April 2018. Along with this, Asset Management Company has participated in this initiative as a member of Mitsubishi Estate Group.

Environmental Assessment and Certifications

Summary

Propertiess Total Floor Area (㎡) Ratio (%)
Assessment Results 9 680,178 74.3
CASBEE 7 636,494 69.5
BELS 6 513,484 56.1
DBJ Green Building 1 36,082 3.9

Building-Housing Energy-Efficiency Labeling System (BELS)

Japan’s Ministry of Land, Infrastructure, Transport and Tourism enacted the Assessment Guideline of Indication of Energy Saving Capabilities of Non-residential Buildings in 2013 to improve energy conservation in Japan and to indicate applicable energy-related information in various circumstances, including the real estate market. BELS uses an evaluation method that complies with the Amendment of Energy Conservation Standards (enforced April 1, 2014). According to BELS, a third-party evaluator assesses the energy conservation performance of buildings using a variety of measurements. Ratings are given according to a scale (one star “★” to five stars “★★★★★”).

For detailed information, please refer to BELS website (Japanese only):
https://www.hyoukakyoukai.or.jp/bels/info.html

▸Assessment Results

MEL has received the certification for the following properties.

Property Name Assessment Grades Evaluation Date
LOGIPORT Osaka Taisho ★★★★★(ZEB Ready) Dec. 22, 2020
LOGIPORT Sagamihara ★★★★ Dec. 22, 2020
Logicross Atsugi ★★★★★ Feb. 20, 2019
Logicross Kobe Sanda ★★★★ Feb. 20, 2019
MJ Logipark Kazo 1 ★★★★★ Feb. 20, 2019
LOGIPORT Hashimoto ★★ Feb. 15, 2018

Comprehensive Assessment System for Built Environment Efficiency (CASBEE)

CASBEE is a method for evaluating and rating the environmental performance of buildings and the built environment. CASBEE was developed by a research committee established in 2001 through the collaboration of academia, industry and national and local governments, which established the Japan Sustainable Building Consortium under the auspice of the Ministry of Land, Infrastructure, Transport and Tourism.

For detailed information, please refer to CASBEE website:
http://www.ibec.or.jp/CASBEE/certification/certification.html

▸Assessment Results

MEL has received the certification for the following properties.

Property Name Assessment Grades Evaluation Date
LOGIPORT Osaka Taisho S Rank for Real Estate July 10, 2020
LOGIPORT Sagamihara S Rank for Real Estate Aug. 21, 2019
LOGIPORT Hashimoto S Rank for Real Estate Aug. 21, 2019
Logicross Atsugi S Rank for Real Estate Mar. 29, 2019
Logicross Kobe Sanda A Rank for Real Estate Mar. 29, 2019
Logicross Nagoya Kasadera S Rank for New Construction Nagoya Jul. 4, 2017
MJ Logipark Kasugai 1 A Rank for New Construction Aichi Sept. 1, 2015

DBJ Green Building Certification

The DBJ Green Building Certification System is a system developed by DBJ in April 2011 to
recognize and support buildings with environmental and social awareness (“Green Buildings”).
It supports environmental initiatives by evaluating/certifying buildings that are socially and economically sought, based on comprehensive evaluation taking into account the subject building's responses to various stakeholders including disaster prevention and consideration for communities as well as its environmental performance.

For detailed information, please refer to DBJ Green Building website:
http://igb.jp/

▸Assessment Results

MEL has received the certification for the following property.

Property Name Assessment Grades Evaluation Date
Logicross Fukuoka Hisayama ★★★★ Mar. 30, 2018

MUFG ESG Rating Certificate for J-REIT supported by JCR

Mitsubishi UFJ Research and Consulting Co., Ltd. promotes strategic efforts on ESG (Environment, Society, Governance) to improve corporate value in response to the growing demand from external stakeholders regarding active disclosure of ESG related information. Under the support of Japan Credit Rating Agency, one of Japan's leading rating companies and expert in credit risk analysis, the certificate was produced and is dedicated to J-REIT that evaluates efforts against ESG. MEL undertook the “ESG Loan for J-REIT” from MUFG Bank, Ltd.

For detailed information, please refer to Mitsubishi UFJ Research and Consulting Co., Ltd.:
(Japanese only)
https://www.murc.jp/sp/1810/j-reit/index.html

Funding to Promote SDGs” from Sumitomo Mitsui Banking Corporation

The Funding to Promote SDGs to be procured from Sumitomo Mitsui Banking Corporation, which is the first J-REIT deal, will be executed on the basis of an evaluation of a company's current efforts in relation to the SDGs based on the proprietary evaluation criteria developed by Sumitomo Mitsui Banking Corporation and The Japan Research Institute, Limited.
We have recieved a report containing analytical advice from The Japan Research Institute, Limited., and will utilize for future SDGs initiatives. MEL was highly evaluated (as of September 2020) regarding contributions to local communities through promoting energy conservation and the use of renewable energy at owned properties, and improve quality in logistic facities and maintain logistics networks through collaboration with tenants and stakeholders.


このページの先頭へ