Sustainability

Ⅱ. Sustainability Initiatives

 

 

Issues Identified to be Material to ADR

Examples

Related SDGs

Environmental Issues

Extending the Lifespan of Properties through Large-scale Repairs and Valueenhancement Renovations

Contributing to the environment by reducing life cycle CO2 emissions.

11、12、13

Obtaining environmental, energy conservation and other certification on properties

Acquisition of DBJ Green Building Certification

6、7、11、13

Managing and Reducing Energy and Water Usage, CO2 Emission, Waste Generation

・Disclosing energy saving targets and results.

・Installing energy saving equipment and engaging tenants toward environment friendly living.

11、13、17

Cooperation with Stakeholders to Promote Environment Friendly Operations

・Promoting understanding and cooperation with major venders, property management companies and building management companies on environment-friendly measures.

・Holding sustainability seminars on sustainability and promoting paperless meetings at the asset management company.

11、13、17

Social Issues

Improving Tenant’s Satisfaction through Engagement

・Conduct periodical tenant satisfaction survey

・Extending customer services through “RESIDIA Customer Support” and providing dedicated smart phone application , etc.

3、11

Contributing to local communities

・Installed AED and donation capable vending machines in properties.

・Sponsored architectural design competition for students and collaborated with the academia on research projects.

3、11

Promoting Diversity and Talent Development

・Installed career development programs, support for attaining degrees and certifications and job-specific development training programs.

・The management company has been the only J-REIT company to consistently hire new grads.

・The management company is committed to promote female employees to managerial position and extending employment for retirees.

4、5、8

Creating a Rewarding Working Environment

・Introduced nursing leave, volunteering leaves hourly based paid vacation to promote the usage of paid vacation.

・Installed RPA and other productivity enhancing systems.

・Practice management for corporate health to maintain and improve employee’s physical and mental health.

3、8

Governance

Strong Governance Structure

・Installed Compliance Committee and Investment Committee with independent members.

・Installed Sustainability Committee and a dedicated team to promote sustainability organization-wide.

・Installed measures to insure fair handling of transactions with conflict of interests.

16

Pursuit of Unitholders’ Profit through Customer-Oriented Business Conduct

・Established Principles for Customer-Oriented Business Conduct.

・Installed management fee structure that is aligned to unitholders’ profit.

・Introduced investment unit ownership program for directors and officers of the asset management company to align their interest to unitholder’s interest.

8、17

Strengthening Resilience

・Strengthened compliance and risk management structure.

・Established strengthened BCP to battle disasters.

・Committing to identify risks and opportunity on climate change related risks.

13

We have identified our materiality using the following methodology.

STEP1:Identify

We have identified issues for consideration from wide range of issues concerning economy, environment and society by referring to guidelines from GRI Standards and external evaluations (GRESB, DJSI, MSCI ESG, etc.)

STEP2:Prioritize

We determined nine issues to be material among the identified issues, for consideration by evaluating and ranking the potential impact on ADR and the level of stakeholder’s concern regarding the issues.

STEP3:Authorize

The nine issues that have been identified as material at our sustainability committee, have been authorized by our Representative Director as issues material to ADR’s initiatives in promoting sustainability.

STEP4:Review

In order to flexibly address to changing challenges, reflect stakeholders expectations and improve our disclosure transparency we will periodically review our materiality.