Mitsui & Co. Asset Management Holdings Ltd. (“MAH”) has established a Sustainability Policy (“Policy”) as described below, to better enable Mitsui & Co. Asset Holdings group (“MAH Group”) to carry out real estate investment management business with a focus on reducing the environmental burden, providing greater safety and security, improving the comfort of employees, and engaging in diverse collaboration and partnerships with various stakeholders.
In addition, based on the Policy below, the MAH Group companies and investment corporations managed by the MAH Group
companies have also established their own sustainability policies and are implementing ESG initiatives.

Contribution to the realization of a sustainable environment

To achieve the social responsibility of improving the environmental performance of the managed properties, MAH shall contribute to ensuring environmental sustainability by continuously reducing the environmental impact of the managed properties and mitigating the environmental burden.

①Improve efficiency in energy use, respond to climate change, and aim for net zero emissions

MAH shall endeavor to reduce CO2 emissions through such measures as the introduction of technologies and facilities that contribute to energy saving and energy creation and the promotion of a shift towards power sources with lower CO2 emission factors, while further advancing the efficient use of energy in real estate investment management. Furthermore, MAH shall strive to improve the resilience of properties under its management in response to the increasing frequency and severity of natural disasters.

②Conserve a water environment

MAH shall work on water environment conservation through water-saving initiatives, such as the introduction of water-saving equipment.

③Promote resource saving and waste disposal reduction

MAH shall work to implement initiatives for resource saving and waste disposal reduction based on the concept of “three Rs (reduce, reuse, and recycle)”.

④Consider biodiversity

Through landscape management and by other means that consider biodiversity, MAH shall strive to coexist with the natural environment and contribute to building a society that is in harmony with nature.

⑤Use environmentally friendly building materials

When executing repair work and value-added renovations with respect to properties under its management, MAH shall consider using environmentally friendly building materials.

Respect for human rights and fair labor practices

MAH shall respect human rights in accordance with international norms, as well as the Human Rights Policy of the Mitsui & Co. group, and shall not tolerate any discrimination or inhumane treatment based on race, nationality, gender, disability, religion, age, or any other grounds, and shall strive to guarantee equal opportunities. These include, but are not limited to, freedom of association, the right to collective bargaining, the elimination of forced labor and labor with unreasonably low wages or long working hours, and the abolition of child labor.
MAH shall strive to promote provision of opportunities for productive and decent work (rewarding work based on a humanistic approach), and ensure a work environment (labor practices) where freedom, fairness, safety, and human dignity are secured.
MITSUI & Co., Ltd., which is the parent company of MAH, has established the health and safety guidelines for selecting subcontractors for its business activities, adopting a policy of placing the highest priority on the safety and health of Mitsui & Co. group employees and those involved in its business activities. MAH has adopted the same policy, respecting human rights and giving due consideration to labor practices.

Realization of diversity, equity, and inclusion and offering of education for officers and
employees

MAH shall recognize that its officers and employees are its greatest asset, promote respect for each other's individuality and values, ensure the provision of an environment and opportunities that meet the needs and circumstances of each officer and employee, and create an organization where everyone can continue to work and play their own roles while fully exerting their individuality (diversity, equity, and inclusion (DEI). By doing so, MAH shall foster its corporate culture and continue to grow further.
Moreover, MAH shall strive to create a healthy and comfortable work environment while giving consideration to work-life balance, and shall promote human resource development initiatives through such measures as provision of support for professional education and training and the establishment of an appraisal feedback system.
In implementing this Policy, MAH shall also endeavor to improve social and environmental awareness among its officers and employees by continuously conducting educational and awareness-raising activities.

Diverse cooperation and coordination with a wide range of stakeholders

MAH shall place an emphasis on dialogues with tenants and other business partners, as well as local communities and other external stakeholders, work to build trust relationships with them, and strive to promote ESG initiatives.

Thorough compliance with laws and regulations and establishment of corporate governance
and risk management systems

①Ensure compliance

Recognizing compliance with laws and regulations as one of the most important management issues, Directors of MAH shall lead efforts to promote such compliance in the execution of business operations, and shall ensure that officers and employees are fully aware of the importance of legal compliance. Furthermore, all officers and employees shall not only comply with laws, regulations, and internal rules but endeavor to uphold high moral values and to sincerely and appropriately carry out their duties.

②Establish corporate governance and risk management systems

MAH shall develop regulations, rules, guidelines, and manuals to be observed in its business conduct and enhance an internal framework for strengthening its corporate governance, thereby improving transparency in its decision-making process and avoiding conflicts of interest. At the same time, MAH shall endeavor to manage and mitigate various risks associated with the execution of business operations.

Disclosure of information to stakeholders and utilization of environmental certifications and assessments

MAH shall strive to disclose information pertaining to the Policy and the status of implementation of initiatives based on the Policy to stakeholders. Moreover, MAH shall explore the utilization of environmental certifications and assessments in order to materialize the outcome of initiatives based on the Policy.

Review of the Policy

To ensure the effectiveness of the Policy, MAH shall review the Policy, considering changes in social situations and people’s awareness, technological advances, and other circumstances.

Guidelines on the MAH Group’s ESG Initiatives

Each of the MAH Group companies and investment corporations managed by the MAH Group companies has also established its own ESG-related action guidelines and sustainability policy.

Japan Logistics Fund, Inc.

Asset Manager: Mitsui & Co., Logistics Partners Ltd.

Mitsui & Co., Realty Management Ltd.

MIRAI Corporation

Asset Manager: Mitsui Bussan & IDERA Partners Co., Ltd.