Mitsui Fudosan Frontier REIT Management Inc., FRI’s asset management company, established a sustainability policy in February 2015.
FRI will take measures in collaboration with the asset management company in an aim to contribute to the coexistence of social/economic development and preservation of the global environment.
Reducing environmental impact
- Reducing carbon emissions through pursuing energy efficiency
We aim to contribute to reducing carbon emissions through implementing power saving and energy efficiency measures in our operations as well as installing energy efficient equipment. And furthermore, we work to achieve low carbonization and non-carbonization in the portfolio through the use of renewable energy or other approaches, in order to adapt to the forthcoming decarbonized society.
- Conserving water and other natural resources while reducing waste
We aim to introduce high-efficiency fixtures to conserve water and promote 3Rs, i.e., reduce, reuse, recycle, to contribute to realizing resource-saving and recycle-oriented society.
- Reducing hazardous substances with health and safety
We aim to reduce hazardous substances or environmental pollution, brought by the operation in commercial facilities, to the extent possible, properly manage environment quality in the building space and promote efforts to enhance health, safety and hygiene for tenant employees or visitors.
In parallel, we take all possible measures in preparation for large-scale earthquakes or serious climate disasters like typhoon or flood in order to secure "safety and security" for building users.
Developing sustainable relationships with a variety of stakeholders
- Cooperation and coexistence with local communities
We aim to operate our retail facilities as a “core of local community”, providing place of human interaction and information exchange and thus contributing to regional vitalization.
- Collaborating with Mitsui Fudosan group companies and tenants
We strive to create comfortable and environmentally-conscious retail space, collaborating with Mitsui Fudosan group companies and our tenant companies, so as to improve customer satisfaction as well as to enhance sustainability awareness among our visitors. In addition, we adopt ESG factors as one of criteria to select outsourcing companies related to property operation and suppliers of goods and services, and also require them to proceed with operation with sustainability in mind.
- Engaging with our employees
We endeavor to raise environmental awareness and literacy among our employees through conducting organized training programs including environmental seminars as well as to realize work-life balance by supporting diversified work styles.
Moreover, we strive to increase employee engagement by improving the workplace environment and creating opportunities for active internal communication.
- Establishing trusting relationships with investors
We make the best efforts to disclose non-financial information including environment, social and governance (ESG) factors in addition to financial information in a timely and adequate manner, aiming to establish trusting relationships with investors.
Enhancing governance system
- Clarifying corporate governance structure
We make utmost efforts to disclose decision-making process, secure the traceability, raise awareness about compliance and achieve risk management in order to make decision-making process more transparent.
- Enhancing corporate governance system
We pursue to increase diversity in the Board of Directors and to establish effective governance structure, in an effort to enhance the corporate governance system.