SUSTAINABILITY Sustainability

Mizuho Realty One Co., Ltd., endorsed the basic tenets of the Principles for Responsible Investment (PRI) and became a signatory organization in April 2022.

In April 2022, Mizuho Realty One Co., Ltd., announced its support for the TCFD recommendations and joined the TCFD Consortium, an organization of Japanese companies that have endorsed them.
The TCFD is a task force established by the Financial Stability Board (FSB) to study climate-related disclosure and financial institutions' responses, and has published recommendations to encourage companies and other entities to disclose climate change-related risks and opportunities.
The TCFD Consortium was established to bring TCFD-endorsing companies and financial institutions together to promote the initiative and discuss how to promote effective corporate disclosure and link disclosed information to appropriate investment decisions by financial institutions, etc.

GRESB is the name of an organization that conducts and operates an annual benchmark assessment on real estate companies and funds for Environmental, Social and Governance (ESG) considerations. It was established in 2009 primarily by major European pension fund groups that spearheaded the Principles for Responsible Investment (PRI). This assessment does not focus on individual properties, but rather evaluates the environmental friendliness and sustainability efforts of individual real estate companies and REITs.
One REIT, Inc., of which assets are managed by MREIT has received a "3 Stars" GRESB rating on a five-star scale based on the global ranking of its overall score. In addition, it received high marks in both the Management Component, which evaluates policies and organizational structure for ESG promotion, and the Performance Component, which evaluates environmental performance and initiatives with tenants at owned properties, earning it a "Green Star" rating.