TCFD (Task Force on Climate-Related Financial Disclosures)

TCFD (Task Force on Climate-Related Financial Disclosures) is the organization which was established by the Financial Stability Board (FSB) at the request of the G20, chaired by Michael Bloomberg, to consider how to disclose climate-related information and respond to financial institutions. TCFD published its final report in June 2017, encouraging companies and others to disclose the following items related to climate change related risks and opportunities.

• Governance

  Disclose the organization’s governance around climate-related risks and opportunities.

• Strategy

  Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material.

• Risk Management

  Disclose how the organization identifies, assesses, and manages climate-related risks.

• Metrics and Targets

  Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.

For details, please refer the “Task Force on Climate-related Financial Disclosures” website (English only).

UNGC (United Nations Global Compact)

United Nations Global Compact (UNGC) is a voluntary initiative in which each company / organization acts as a good member of society by demonstrating responsible and creative leadership, and participates in the creation of a global framework for achieving sustainable growth.Since its inauguration by UN Secretary-General Kofi Annan at the 1999 Davos Conference, by 2021, more than 17,500 companies and organizations in about 160 countries around the world have agreed, and they carry out corporate activities in accordance with 4 fields “human rights,” “labor,” “environment” and “anti-corruption” and 10 principles of the United Nations Global Compact(UNGC)

For details, please refer the “United Nations Global Compact” website (English only).

GRESB (Result of DPR)

GRESB is an annual benchmarking assessment to measure ESG (Environmental, Social and Governance) integration of real estate companies and funds, as well as the name of organization which runs the assessment. It was founded in 2009 by a group of major European pension funds who played leading roles in launching Principles for Responsible Investment (PRI).

DREAM Private REIT Inc. (“DPR”), which has commissioned DREAM to manage its assets, has earned a “5 Stars” in GRESB Rating 2022, and “Green Star” for fifth consecutive year, achieving high performance within the participants.

CASBEE Real Estate

CASBEE (Comprehensive Assessment System for Built Environment Efficiency/ Building environment Performance Comprehensive Assessment System ) is a system which evaluate and grade the environmental efficiency of the building.
For the details on CASBEE, please refer below website.
https://www.ibec.or.jp/CASBEE/english/

DBJ Green Building

The DBJ Green Building Certification is a certification system established by the Development Bank of Japan (“DBJ”) in April 2011 and currently, it is deployed in four typical properties: office buildings, logistics, retail residences. Based on the comprehensive evaluation system developed by DBJ, which includes consideration for the social requirements from various stakeholders surrounding the properties in addition to their environmental performance, DBJ identifies and certifies real estate properties with high environmental and social awareness (“Green Building”) sought in today’s real estate market. Certification is provided by Japan Real Estate Institute (JREI).
For the details on DBJ Green Building Certification, please refer below website.
http://igb.jp/en/index.html

BELS (Energy rating)

BELS is a public system that evaluates and certifies the energy-saving performance of a building that the operators are required to make efforts to display under the Act on the Improvement of Energy Consumption Performance of Buildings (Building Energy Efficiency Act) enacted in April 2016.

Tokyo Low-Carbon Small and Medium-Sized Model Building

Tokyo Low- Carbon Small and Medium-sized Model Building is a building classified as A1 or higher, which serves as a benchmark for low-carbon buildings with low CO2 emissions, based on the “Low-Carbon Building Assessment Index (Low-Carbon Building Benchmark)” announced in May 2012 by the Tokyo Metropolitan Government, with the aim of creating a real estate market in which low-carbon buildings with low CO2 emissions are evaluated.
The Tokyo Metropolitan Government has published small and medium-sized tenant buildings that are actively working on energy conservation of A1 or higher in the low-carbon building benchmark as “Low-Carbon Small and Medium-Sized Model Buildings.”