Policy Regarding ESG

Policy Regarding ESG

Daiwa Real Estate Asset Management (the “Asset Manager”) will focus on the following items in the asset management for the Investment Corporation judging that emphasizing ESG (Environment, Social and Governance) contributes to the enhancement of the Investment Corporation's medium to long-term corporate value.

1. Initiatives on Environmental Protection (Environment)

We will proactively promote initiatives on environmental protection such as resource and energy-saving measures such as the introduction of facilities and equipment contributing to environmental protection at the properties.

2. Connection to Society (Social)

We will proactively disclose information and fulfill accountability to all of stakeholders through IR activities, etc. We will accomplish social missions of a listed investment corporation by providing high-quality and comfortable residential spaces in partnership.
And in order to contribute to society through superior asset management, we strives to create a comfortable work environment that respects the work-life balance of executives and employees and at the same time, and strives to develop human resources through internal and external training.

3. Corporate Governance (Governance)

We will make highly transparent and reasonable decision under the laws and regulations and various rules while being aware of the importance of corporate ethics and compliance. And we will work to strengthen internal control systems including preventing conflicts of interest and risk management and to educate officers and employees in order to fulfill duty of care and fiduciary duty.

Each REIT's Initiatives

Daiwa Office Investment Corporation

Participation in GRESB Real Estate Assessment

Participated in the "GRESB Real Estate Assessment" by Global Real Estate Sustainability Benchmark (GRESB) for the first time in 2012 and has since consecutively earned "Green Star" —the rating of the highest category—in recognition of high sustainability performance in both aspects of the "Management & Policy" and "Implementation & Measurement" dimensions.

Conclusion of Green Lease Agreement

As part of environmental measures and measures to enhance tenant satisfaction, initiatives have been underway since 2014 to promote installation of LED lighting in the areas exclusively occupied by tenants based on green lease agreements concluded with tenants. We plans to replace to LED lighting at most of the areas exclusively occupied by tenants on going forward.

Benefits of Introducing Green Leasing

Benefits for Tenants
  • Reducing utility bills and maintenance costs
  • Improving working environment in offices
  • Corporate social responsibility
Benefits for Investment Corporation
  • Reducing maintenance costs
  • Enhancing property value by making energy-saving investments
  • Receiving green lease fees

Daiwa Securities Living Investment Corporation

Sustainability Initiatives

Sustainability promotion system rules were established in November 2017, designating the President and Representative Director of the asset management company as the "Chief Executive for Promoting Sustainability", in addition to installing a "Chief Sustainability Officer" and "Sustainability Promotion Committee".

Participation in GRESB Real Estate Assessment

Participated in the "GRESB Real Estate Assessment" by Global Real Estate Sustainability Benchmark (GRESB) for the first time in 2018 and earned "Green Star" —the rating of the highest category—in recognition of high sustainability performance in both aspects of the "Management & Policy" and "Implementation & Measurement" dimensions.