Sustainability Policy and Promotion Structure

Sustainability Policy

One REIT, Inc. and its asset management company Mizuho REIT Management Co., Ltd. will continue to make efforts aimed at reducing environmental load and realizing a sustainable society as our corporate social responsibility by recognizing the importance of consideration for environment, social, and governance issues in real estate investment management.

1. Promotion of conservation of energy

We will promote operation that saves electrical power and uses energy efficiently, introduce equipment to conserve energy, and contribute to the real estate sector’s efforts to reduce energy use and greenhouse gas emissions.

2. Promotion of effective use of resources

We will promote operational efforts related to saving water and reducing waste and contribute to the realization of a recycling-oriented society.

3. Compliance

We will observe laws and regulations concerning environment, social, and governance issues while appropriately managing risks such as changes in regulations.

4. Cooperation with stakeholders

We will continue to educate and enlighten our employees as well as cooperate with stakeholders in a way that promotes environmental consideration in order to implement our policies concerning sustainability.

5. Disclosure

We will make efforts to disclose our policies concerning sustainability and the status of activities to investors and other stakeholders.

Enacted: September 25, 2019

Sustainability Promotion Structure

One REIT and the asset management company (MREIT) collaborate with Mizuho Realty One Co., Ltd. (MONE) and Mizuho Real Estate Investment Management Co., Ltd. (MREM), which are support companies of the asset management company, in order to aim for the realization of a sustainable society. MREIT, MONE and MREM (collectively “MONE Group” for the three companies) establish a sustainability promotion system that unites the MONE Group, utilize human capital and knowledge regarding sustainability and further strengthen One REIT's sustainability initiatives.
At MREIT, the Sustainability Promotion Council, which is an advisory body to Chief Executive Officer, holds discussions on the setting of sustainability-related initiative targets and monitoring. Regarding matters related to investment management of One REIT, MONE and MREM are not involved in the decision-making of MREIT, and decisions are made based on resolutions of the Investment Committee.

Structure

Sustainability Promotion Council (MREIT)

Sustainability Promotion Officer

Chief Executive Officer

Members

(Operating Officer) Head of Investment & Asset Management Division I
Investment & Asset Management Division
Corporate Division
Observers: MONE Facility Management Division, MONE Corporate Division, etc.

Frequency

At least once every three months

Topics of consideration/reporting

For asset management of One REIT, the committee considers sustainability-related targets and practical measures and verifies the progress status by receiving regular reports.

Number of Sustainability Promotion Council meetings held

FY2022	FY2023	FY2024	FY2025	FY2026
8	8	－	－	－