Mizuho Realty One Group’s
Materiality
OUR Materiality

Materiality Materiality

When it comes to pursuing sustainability initiatives, there is an extremely wide range of pressing matters relating to sustainability. Therefore, to achieve results by maximizing the use of limited management resources, it is considered effective to concentrate on specific initiatives based on materiality (key issues). At Mizuho Realty One Group, we identified materiality issues as shown below for the purpose of incorporating our shared recognition of materiality into future medium-term management plans and business plans, as well as making sustainability promotion a pillar of the funds for which we are entrusted with asset management.

環境
Environment
  • Response to Climate Change
  • Promotion of Use of
    Sustainable Energy
  • Greening of Portfolio
社会
Society
  • Training and Capacity Development of
    Personnel in Charge of Sustainable Growth
  • Diversity &
    Inclusion
  • Provision of Peace of Mind,
    Comfort and Health to Tenants
  • Creation of Long-Life Real Estate Stock
ガバナンス
Governance
  • Strengthening of Governance
  • Promotion of Risk Management
  • Dialogue with Stakeholders

process Materiality Identification Process

STEP1
Identify issues to consider (1)
Longlist items taking into account the guidelines relevant to Mizuho Realty One Group (MONE Group)'s business domains
We longlisted 342 items broadly related to ESG (environment, social and governance), referencing various guidelines (PRI, FTSE4Good, DJSI, MSCI, GRESB, SDGs, TCFD, Mizuho FG, competitors' materiality, Choosing the Future 2.0) to identify the factors to be considered for MONE Group’s sustainable growth.
STEP2
Identify issues to consider (2)
Combine similar issues, consider relevance to MONE Group's active domains and shortlist 19 items
We shortlisted 19 items from the long list by combining similar issues and considering relevance to the domains in which MONE Group is active.
STEP3
Dialogue with Stakeholders
Based on survey results, assign a priority ranking to the shortlisted issues and create a matrix
Concerning the identified/selected issues, we surveyed the following stakeholders, asking them to rank the importance of the issues at the MONE Group. Furthermore, we interviewed four outside experts to obtain third-party opinions.
Surveyed in June 2021
Our directors/
employees
99
External stakeholders
36 companies in total
  • Parent companies
    2
  • Financial institutions
    4
  • Securities companies
    3
  • Building management companies
    2
  • Design/Construction companies
    3
  • Tenants
    5
  • Investors
    6
  • Real estate trustee
    3
  • Property management companies
    3
  • Real estate brokerage companies
    4
  • Real estate appraisal company
    1
STEP4
Create a matrix
Assign a priority ranking to the shortlisted issues and create a matrix
Based on the survey and interview results, we considered the risks and opportunities for the MONE Group's sustainable growth, assigned a priority ranking to the social issues and created a matrix.
STEP5
Identify materiality
Present materiality proposals at board of directors meeting and identify materiality
For the priority-ranked issues, the Group's key sustainability issues (materiality) were identified with the resolution by the Mizuho Realty One Group's board of directors' meeting.
* The Asset Management Company's Board of Directors also resolved the proposal and identified materiality