SUSTAINABILITY
Sustainability
Through its businesses, Keihanshin Building will achieve sustainable growth together with its stakeholders and aims to contribute to the realization of a sustainable society.
Keihanshin Building’s Sustainability Policy
Keihanshin Building aims to contribute to society through various corporate activities under the corporate philosophy “To provide valuable commercial space to customers so as to contribute to the community through the advancement of customers’ and our businesses.” We believe that our initiatives for solving social issues through corporate activities will contribute to the sustainable development of society and will have a significant impact on our medium- to long-term enhancement of corporate value. Based on this belief, we will implement sustainability initiatives through business activities, setting forth our “Sustainability Policy” as follows.
We will make a united effort to implement initiatives based on the Policy and address sustainability-related challenges on an
ongoing basis.
We will actively address environmental issues and aim to balance between a rich environment in the future and business activities.
1. Responding to climate change
We will evaluate the impact of our business activities on climate change, a highly uncertain phenomenon that occurs over many years, while striving to build internal systems, improve efficiency of energy use, reduce greenhouse gas emissions, and take other actions so that we can appropriately respond to medium- to long-term changes, including the transition to a decarbonized society as well as the physical impacts from climate change, sea level rise, and other causes.
2. Sustainable use of resources and contribution to recycle-oriented society
We will strive to make effective use of limited resources through extending the service life of buildings, reducing waste, conserving water or other methods, thereby contributing to the realization of a recycle-oriented society.
We will aim for the continuous development of society as a whole through collaboration with our stakeholders.
3. Contribution to customers
The Company aims to provide safe and comfortable commercial spaces that meet the needs of the times to support our customers’ businesses and achieve mutual growth.
4. Dialogue with shareholders and investors
We aim to solve social issues and enhance corporate value by actively engaging in dialogue with shareholders and investors, and using the knowledge gained through such dialogue.
5. Collaboration with partner companies
We will strive to establish fair and good relations with partner companies that manage and operate buildings, and work together with them to promote sustainability.
6. Contribution to local communities
As a real estate company fully grounded in the local community, we will work to revitalize the local community through efforts such as participation in events and support for cultural and artistic activities, thereby growing together with the local community.
7. Initiatives for employees （Well-being initiatives）
We strive to create a healthy, safe, and comfortable workplace where diverse employees can play an active role. At the same time, we are committed to actively developing human resources.
We will continue to be highly transparent through maintaining compliance and disclosure of information.
8. Supervision of initiatives for sustainable management
The Board of Directors views issues surrounding sustainability from the perspective of improving corporate value over the medium- to long-term, and supervises the progress of initiatives to address such issues.
9. Maintaining compliance
We will thoroughly comply with laws and regulations, conduct fair transactions, manage information, and prevent corruption and conflict-of-interest transactions, with an aim to be a company that is even more trusted by society through fair business operations.
10. Disclosure and communication of ESG-related information
We will disclose information on ESG to our diverse stakeholders in a timely and appropriate manner, and respond sincerely to opinions and requests from them to promote initiatives to address sustainability issues.
Sustainability Promotion System
Keihanshin Building has established Rules on Promoting Sustainability for the purpose of implementing various measures under the Sustainability Policy. We have a system in place for promoting sustainability under the Rules.
Sustainability Promotion Group
Under the supervision of the Director responsible for Administration who has execution responsibility, the Sustainability Promotion Group establishes systems and implement various measures for promoting sustainability and reports to the Sustainability Committee and the President who has the ultimate responsibility.
Sustainability Committee
In order to promote sustainability across the company, we have established the Sustainability Committee under the direct control of the President. The Committee works on various measures in cooperation with each department, with the Sustainability Promotion Group leading the efforts, and regularly reports these activities to the Management Meeting and the Board of Directors.
Structure
Keihanshin Building’s Materiality
The Company has identified issues to be addressed with high priority as materiality from among those of high importance, in order to continuously enhance its corporate value and realize a sustainable society.
| Theme | Key issues (Materiality) | |
|---|---|---|
| E（Environmental） |
Balancing between a rich environment in the future and business activities |
|
| S（Social） |
Provision of optimal space keeping abreast of changing external environment and times |
|
|
Co-existence and co-prosperity with stakeholders |
|
|
|
Establishment of the organization where diverse human resources achieve their potential |
|
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| G（Governance） |
Reinforcement of the management base that supports the sustainable management |
|
Processes for Identifying Materiality
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STEP
01
Identification of social issues
With the aim of identification of materiality, taking into consideration of the management policy based on corporate philosophy and code of conduct, the Company examined a wide range of issues, including SDGs and other various international frameworks, various issues focused on by ESG rating agencies such as MSCI※1and FTSE※2and other companies’ initiatives, and identified potential social issues that the Company should address.
- MSCI is a financial services company based in New York, USA. It provides a wide range of services including stock index calculation and portfolio analysis.
- FTSE is a joint venture between the London Stock Exchange and the Financial Times, a British newspaper that focuses on business and financial affairs. It specializes in the construction and calculation of indices.
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STEP
02
Collection of comments on the identified social issues and examination of their relevance
The Company collected internal comments on the identified social issues at all levels (i.e., the management team, the Sustainability Committee, departments and groups, and employees), and conducted interviews with stakeholders and questionnaire surveys of external experts. Then, the Company analyzed those issues from the ESG perspective and examined their relevance.
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STEP
03
Examination of importance and comprehensiveness as those to be addressed by the Company
After further examination, the Company reexamined, on a company-wide basis, the importance of those social issues from a long-term perspective, and their comprehensiveness and consistency with the issues facing society. Based on this reexamination, the Company classified them into five themes and summarized them into 13 aspects of materiality.
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STEP
04
Identification of the Company’s materiality
The Company identified its materiality through deliberation at the Management Meeting and the Board of Directors meeting.
Initiatives
United Nations Global Compact (UNGC)
The United Nations Global Compact (UNGC) is a voluntary initiative that calls on each business and organization to show responsible and creative leadership to act as a good member of society and participate in the creation of a global framework for achieving sustainable growth.
Companies and organizations that sign the UNGC constantly strive to achieve the ten principles related to the protection of human rights, the elimination of unfair labor practices, the protection of the environment, and the prevention of corruption based on the commitment of top management who supports these principles. In March 2020, we signed the United Nations Global Compact and joined the Global Compact Network Japan to promote the initiative and further clarify our stance of promoting business management conscious of the SDGs initiative and sustainability.
Formulation of the Sustainability-Linked Financing Framework
The Company has formulated the Sustainability-Linked Financing Framework (the “Framework”) as a framework for funding to promote sustainable management.Through financing based on the Framework, the Company will strengthen its relationships with financial institutions and investors, and promote initiatives to sustainably increase corporate value and resolve social issues.
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Protecting the Environment
We play our part in reducing energy consumption and creating cities where townscapes and rich greenery coexist in harmony.
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Relations with Tenants (Customers)
We develop together with the customers by providing valuable commercial space.
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Dialogue with Our Shareholders and Investors
We aims to improve corporate value through active communication with shareholders and investors and appropriate information disclosure.
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Together with Our Partner Companies
we establish strong partnerships with our partners as we go hand in hand
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Relations with Local Communities
We conduct business rooted in the region while cooperating with the local community.
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Human Resources Development and Workstyle Reforms
We are working to create a comfortable workplace so that everyone can play an active role.
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Corporate Governance
We strive to implement thorough compliance practices and proactively disclose information.