Environmental Assessment and Certifications

CDP Climate Change Program Assessment

CDP Score is provided across four levels and eight-tier score bands: Leadership level (A and A-), Management level (B and B-), Awareness level (C and C-), Disclosure level (D and D-). In the 2023 assessment, MEL was awarded the highest score of "A" and a place on the CDP A List for Climate Change. MEL was recognized for its internationally high standards of commitment and information disclosure on climate change issues.

February 7, 2024 MEL has been recognized with “A List” (Highest Recognition) on CDP Climate Change

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” for the fourth consecutive year and “Green Star” for the fifth consecutive year by the 2023 GRESB.

October 3, 2023 Notice concerning GRESB Real Estate Assessment Results

GRESB Public Disclosure

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

MSCI ESG Ratings (A)

MEL has received A in its MSCI ESG rating.

DisclaimerThe use by MEL of any MSCI ESG Research LLC or its affiliates ("MSCI") data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of MEL by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided "as-is" and without warranty. MSCI names and logos are trademarks or service marks of MSCI.

EcoAction 21

The EcoAction 21 Certification/Registration Program is the certification and registration system by a third party for business operators promoting environmental management based on "EcoAction 21 Guidelines" formulated by Japan's Ministry of the Environment as part of its Environmental Management System.

<Scope of Certification and Registration>
Investment and management of real estate, etc.
and Real Estate Trust Beneficiary Interest

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.

MEL received the ESG rating as the first J-REIT company in November 2018, and the highest rank of "S " from reacquisition following the renewal of the rating in September 2021.

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.