Sustainability Report 2020
May 2021
Contents | |
Initiatives for Sustainability | |
Our Mission and Vision.................................................................................................................................... | 5 |
Material Issues.................................................................................................................................................. | 8 |
Sustainability Policies..................................................................................................................................... | 10 |
Stakeholder Engagement ................................................................................................................................ | 11 |
External Evaluation ........................................................................................................................................ | 12 |
Contribution to a Sustainable Environment | |
Sustainability Policies -Contribution to a sustainable environment-............................................................... | 13 |
Environmental Policies and External Ratings ................................................................................................. | 13 |
Reduction of Energy Consumption and CO2 Emissions (Climate Change Initiatives) ................................... | 17 |
Reduction of Water Consumption and Waste Materials ................................................................................. | 20 |
Collaboration with Tenants for Environmental Initiatives .............................................................................. | 22 |
Biodiversity .................................................................................................................................................... | 23 |
Our Commitment to a Diverse Society | |
Sustainability Policies -Our commitment to a diverse society- ....................................................................... | 25 |
Providing Properties with Environmental and Social Considerations ............................................................. | 25 |
Improving Resilience/Climate Adaptation...................................................................................................... | 30 |
Initiatives for an Aging Society with Fewer Children...................................................................................... | 33 |
Stakeholder Engagement | |
Sustainable Policies -Stakeholderengagement-.............................................................................................. | 35 |
Stakeholder Engagement ................................................................................................................................ | 35 |
Continuous Improvement of Customer Satisfaction ....................................................................................... | 35 |
Community Engagement................................................................................................................................ | 39 |
Managing Conflicts of Interests...................................................................................................................... | 43 |
Attractive Working Environment | |
Sustainability Policies -Attractive working environment- ............................................................................... | 45 |
Recruiting, Employee Retention and Career Advancement............................................................................ | 45 |
Health and Wellbeing of Employees............................................................................................................... | 47 |
Diversity and Equal Opportunities................................................................................................................. | 51 |
Responsible Organization | |
Sustainability Policies -Responsibleorganization-.......................................................................................... | 53 |
Corporate governance .................................................................................................................................... | 53 |
Compliance .................................................................................................................................................... | 58 |
Risk Management........................................................................................................................................... | 62 |
Commitment to Responsible Investments ...................................................................................................... | 65 |
Relevant Data (Environment) ........................................................................................................................ | 67 |
Relevant Data (Social) ................................................................................................................................... | 67 |
Relevant Data (Stakeholder) .......................................................................................................................... | 67 |
Relevant Data (Employment)......................................................................................................................... | 68 |
Relevant Data (System Use, etc.) ................................................................................................................... | 69 |
Relevant Data (Governance).......................................................................................................................... | 70 |
Contrast between the GRI Standards and Reporting Items ............................................................................ | 71 |
Editorial Policy
The purpose of this publication is to provide all Kenedix stakeholders with information about the sustainability policies and activities of the Kenedix Group. We hope this information gives you a better understanding of our commitment and goals involving sustainability.
Publication Date
March 2021
(As a general rule, to be revised every March)
Period Covered by This Report
January 1, 2020 to December 31, 2020
Some information concerns activities prior to 2020. Kenedix, Inc. delisted in March 2021
Scope of Reporting
Kenedix, Inc. and main group companies (excluding special purpose companies and certain other companies)
Main group companies
Kenedix Real Estate Fund Management, Inc.
Kenedix Investment Partners, Inc.
Kenedix Property Management, Inc.
Kenedix Engineering, Inc.
Space Design Inc.
Bit Realty, Inc.
Kenedix Asia Pte. Ltd.
Guideline Used for Reference
GRI(Global Reporting Initiative)「GRI Standards」
Department in Charge of Production
Corporate Communications Office, Kenedix, Inc.
E-mail:kdx_cco@kenedix.com
Message from the President
Dedicated to both sustained growth and social responsibility
Kenedix has been a source of a diverse array of opportunities for investors since the start of operations in 1995. Today, we manage more than ¥2 trillion of assets under management. Operations encompass many asset categories and include numerous funds. We manage listed REITs specializing in sectors such as midsize office buildings, residential properties, healthcare facilities, hotels, retail facilities, and logistics facilities. Asset management also includes a private REIT that own large office buildings and other properties and many private funds.
We manage real estate that is used by an enormous number of tenants as well as visitors, customers and others. Overseeing this real estate requires working closely with many investors and property management companies. In addition, we manage properties while fulfilling our obligations to the communities where they are located and to the environment. The breadth and scale of our activities means that we must maintain sound relationships with many types of stakeholders. We are well aware of the responsibilities associated with the significant social and environmental effects of our real estate asset management operations.
Based on this understanding of the various ways that real estate affects our stakeholders, our goal is to achieve sustained growth while meeting our social responsibility by realizing the full potential of real estate.
Build a stronger infrastructure for achieving both sustained growth and social responsibility
To reinforce activities involving sustainability, including ESG (environment, society, governance), we have established the Corporate Communications Office in April 2018 as a department responsible solely for these activities. With this office playing a central role, the entire Kenedix Group is increasing its various activities for more progress concerning sustainability.
Material issues and sustainability policies
To examine issues that will have material impact on both our business operations and society, Kenedix held discussions with relevant departments, group companies, external professionals and other stakeholders. As a result, the Board of Directors have established the final material issue selections. All issues are critical with regard to our real estate operations as well as the sustainability of the Kenedix Group. For these issues, we established five key areas: contribution to a sustainable environment, commitment to a diverse society, stakeholder
3
engagement, attractive working environment, and responsible organization. By focusing on these themes, we are committed to contributing to sustainability and the achievement of the Sustainable Development Goals (SDGs).
In addition, we have set Sustainability Policies, which covers all ESG issues, to create guidelines for all sustainability initiatives. Adhering to this new policy, the Kenedix Group will conduct unified activities that target the material issues.
Promotion of information disclosure
We have been working to enhance information disclosure related to sustainability since the establishment of the specialized department in 2018. The three listed REITs where Kenedix is the main sponsor, etc. have been engaged in various sustainability initiatives since before, and by comprehensively summarizing such initiatives of the group on website and sustainability report, we have been working to make our stakeholders understand our efforts. As a result of these efforts, we have been able to be included in the ESG indices adopted by Government Pension Investment Fund (GPIF) and communicate with overseas investors based on the disclosed information.
To our stakeholders
Stakeholder engagement is one of the key areas of the Kenedix Group. We consider continuous dialogue with all stakeholders with whom we interact in conjunction with the properties and funds we manage is essential and are ambitious to become a real estate asset management company that commit responsible investment. We sincerely ask for your continued support.
Taisuke Miyajima, President & CEO, Kenedix, Inc.
4
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Kenedix Inc. published this content on 18 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 05:14:03 UTC.