Response to Climate Change activity report

Response to Climate Change

Based on recognition of climate change as a global issue, we aim to establish a robust business foundation that will help achieve a carbon-neutral society and address climate change by working to manage and reduce energy consumption, greenhouse gas (GHG) emissions, water consumption, and waste, as well as enhancing our resilience to the increasing severity of natural disasters.

Specific Target Details of Specific Initiatives KPIs
Achieving a carbon-neutral society Signing of Principles for Responsible Investment (PRI)
  • Endorsing the basic approach of the PRI and becoming a signatory.
Endorsement of Task Force on Climate-related Financial Disclosure (TCFD)
  • Endorsing the TCFD’s recommendations.
  • Disclosing information in accordance with the TCFD framework.
Reduction of greenhouse gas (GHG) emissions
  • Reducing greenhouse gas (GHG) emissions in the MONE Group’s business activities.
  • Signing of PRI (FY2022)
  • Endorsement of TCFD (FY2022)
  • Information disclosure in accordance with TCFD framework (FY2025)
  • Reduction of greenhouse gas (GHG) emissions by the MONE Group (including portfolio properties): 100% (FY2050)
Establishing robust business foundation Appropriate management of and adaptation to climate-related risks and opportunities
  • Conducting a scenario analysis of the MONE Group’s business based on the TCFD’s recommendations to identify climate change-related risks and opportunities.
System development
  • Developing a governance system that addresses climate change-related risks and opportunities.
  • Development of governance system that addresses climate change issues (FY2022)
  • Conducting and disclosing scenario analysis for One REIT, Inc. (FY2022)
  • Conducting scenario analysis for all MONE Group businesses (FY2025)