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INDEX

GRI Standards Content Index

Information disclosure regarding sustainability at the Mitsubishi Estate Group references the GRI Sustainability Reporting Standards.

General Disclosures

1. Organizational profile

GRI standards Requirements Website
GRI 102:
General Disclosures 2016
102-1 Name of the organization
102-2 Activities, brands, products, and services
102-3 Location of headquarters
102-4 Location of operations
102-5 Ownership and legal form
102-6 Markets served
102-7 Scale of the organization
102-8 Information on employees and other workers
102-9 Supply chain
102-10 Significant changes to the organization and its supply chain No applicable significant changes.
102-11 Precautionary Principle or approach
102-12 External initiatives
102-13 Membership of associations

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2. Strategy

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3. Ethics and integrity

GRI standards Requirements Website
GRI 102:
General Disclosures 2016
102-16 Values, principles, standards, and norms of behavior
102-17 Mechanisms for advice and concerns about ethics

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4. Governance

GRI standards Requirements Website
GRI 102:
General Disclosures 2016
102-18 Governance structure
102-19 Delegating authority
102-20 Executive-level responsibility for economic, environmental, and social topics
102-21 Consulting stakeholders on economic, environmental, and social topics
102-22 Composition of the highest governance body and its committees
102-23 Chair of the highest governance body
102-24 Nominating and selecting the highest governance body
102-25 Conflicts of interest
102-26 Role of highest governance body in setting purpose, values, and strategy
102-27 Collective knowledge of highest governance body
102-28 Evaluating the highest governance body's performance
102-29 Identifying and managing economic, environmental, and social impacts
102-30 Effectiveness of risk management processes
102-31 Review of economic, environmental, and social topics The following bodies deliberate upon impacts, risks, and opportunities.
・Executive Committee (as a general rule, meets once a week)
・Risk Management & Compliance Committee (as a general rule, meets four times a year)
・CSR Committee (as a general rule, meets twice a year)
102-32 Highest governance body's role in sustainability reporting
102-33 Communicating critical concerns
102-34 Nature and total number of critical concerns Undisclosed for reasons of confidentiality.
102-35 Remuneration policies
102-36 Process for determining remuneration
102-37 Stakeholders' involvement in remuneration
102-38 Annual total compensation ratio Undisclosed for risk management reasons.
102-39 Percentage increase in annual total compensation ratio Undisclosed for risk management reasons.

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5. Stakeholder engagement

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6. Reporting practice

GRI standards Requirements Website
GRI 102:
General Disclosures 2016
102-45 Entities included in the consolidated financial statements
102-46 Defining report content and topic boundaries
102-47 List of material topics
102-48 Restatements of information Key performance indicators were reviewed and modified in conjunction with the review of material issues.
102-49 Changes in reporting The overall reporting content was reviewed and modified in conjunction with review of material issues and establishment of medium-to-long term vision and targets (Sustainability Vision 2050 and Mitsubishi Estate Group 2030 Goals for SDGs).
102-50 Reporting period
102-51 Date of most recent report
102-52 Reporting cycle
102-53 Contact point for questions regarding the report
102-54 Claims of reporting in accordance with the GRI Standards The Sustainability Report is created with reference to GRI standards.
102-55 GRI content index
GRI 103:
Management Approach 2016
103-1 Explanation of the material topic and its Boundary
103-2 The management approach and its components
103-3 Evaluation of the management approach The Sustainability Committee and Sustainability Subcommittee formulate measures to promote sustainability through deliberations and reporting.

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Material Topics

Economic

GRI standards Requirements Website
GRI 201: Economic Performance 201-1 Direct economic value generated and distributed
201-2 Financial implications and other risks and opportunities due to climate change
201-3 Defined benefit plan obligations and other retirement plans
201-4 Financial assistance received from government Forestry Agency and Ministry of Land, Infrastructure, Transport and Tourism subsidy programs are utilized for the use of cross laminated timber (CLT).

*Some information is undisclosed as details are subject to confidentiality.

GRI 202: Market Presence 202-1 Ratios of standard entry level wage by gender compared to local minimum wage
GRI 203: Indirect Economic Impacts 203-1 Infrastructure investments and services supported
203-2 Significant indirect economic impacts Since the impact measurement method is not specified, there is no information to disclose at the present time.
GRI 204: Procurement Practices 204-1 Proportion of spending on local suppliers When expanding businesses in domestic and foreign locations, a certain amount of money is spent on local suppliers, but it is difficult to calculate the proportion of spending in the accounting system.
GRI 205: Anti-corruption 205-1 Operations assessed for risks related to corruption
205-2 Communication and training about anti-corruption policies and procedures
205-3 Confirmed incidents of corruption and actions taken
GRI 206: Anti-competitive Behavior 206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

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Environmental

GRI standards Requirements Website
GRI 301: Materials 301-1 Materials used by weight or volume Undisclosed due to the difficulty of obtaining the values.
301-2 Recycled input materials used Undisclosed due to the difficulty of obtaining the values.
301-3 Reclaimed products and their packaging materials Undisclosed due to the difficulty of obtaining the values.
GRI 302: Energy 302-1 Energy consumption within the organization
302-2 Energy consumption outside of the organization
302-3 Energy intensity
302-4 Reduction of energy consumption
302-5 Reductions in energy requirements of products and services
GRI 303: Water and Effluents 2018 303-1 Interactions with water as a shared resource
303-2 Management of water discharge-related impacts
303-3 Water withdrawal
303-4 Water discharge
GRI 304: Biodiversity 2016 304-2 Significant impacts of activities, products, and services on biodiversity
  1. 1.We employ IPM (integrated pest management) to control pests in green areas and endeavor to reduce the amount of chemicals sprayed and minimize their effects.
  2. 2.We created a biodiversity manual and endeavor to eliminate non-native species that need to be dealt with and preserve endemic species.
  3. 3.We monitor biodiversity in the wider Marunouchi area regularly and publish the results in the "Biodiversity in Marunouchi" handbook.
  4. 4.Mitsubishi Estate Residence implements the BIO NET INITIATIVE, a greening project aimed at preserving biodiversity, in an effort to carry out biodiversity-conscious residential development.
304-3 Habitats protected or restored
304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operations At Hoteria Square, an eco-friendly green space next to the Otemachi Park Building, Mitsubishi Estate has been working to conserve rare water plants restored from mud taken from the Imperial Palace moat in collaboration with the Ministry of the Environment. According to the most recent study (news release dated July 31, 2020 (japanese only)PDF), three types of water plants noted in the Tokyo Red List have been found in mud taken from the moat, including two species designated respectively as extinct and semi-extinct in the 23 wards of Tokyo.
GRI 305: Emissions 2016 305-1 Direct (Scope 1) GHG emissions
305-2 Energy indirect (Scope 2) GHG emissions
305-3 Other indirect (Scope 3) GHG emissions
305-4 GHG emissions intensity
305-5 Reduction of GHG emissions
305-6 Emissions of ozone-depleting substances (ODS) The amount of CO2 that leaked as a result of fluorocarbon emissions in fiscal 2019 was 1,173.9 t-CO2.
305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions For the administration of buildings, the relevant materials under the Air Pollution Control Law are in compliance with the law and we submit written reports.
GRI 306: Effluents and Waste 2016 306-1 Water discharge by quality and destination We use a sewage system and emit sewage after carrying out regular water treatment.
306-2 Waste by type and disposal method
306-3 Significant spills There were no significant spills related to the environment in fiscal 2019.
306-4 Transport of hazardous waste The main applicable waste materials are asbestos and PCB and they are appropriately managed and disposed of according to environmental laws.
306-5 Water bodies affected by water discharges and/or runoff Our business spans a wide variety of areas including single-family homes, which makes it hard to obtain data for individual cases. However, for large-scale development projects, we carry out environmental assessments and endeavor to reduce the impact on the environment.
GRI 307: Environmental Compliance 2016 307-1 Non-compliance with environmental laws and regulations There were no fines or sanctions due to major violations of environmental laws in fiscal 2019.
GRI 308: Supplier Environmental Assessment 2016 308-1 New suppliers that were screened using environmental criteria We endeavor to select appropriate suppliers in line with the Mitsubishi Estate Group's Green Procurement Guidelines and Paper and Printed Matter Procurement Guidelines.
308-2 Negative environmental impacts in the supply chain and actions taken Each business group has put a business partner evaluation system in place and communicates with business partners through methods such as providing feedback. The details of evaluations are undisclosed due to risks to client confidentiality.

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Social

GRI standards Requirements Website
GRI 401: Employment 2016 401-1 New employee hires and employee turnover
401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees Benefits which are provided to full-time employees but not to temporary or part-time employees are life insurance, compensation for illness and disabilities, retirement benefits, the employee stock ownership plan and housing assistance.
(Applies only to Mitsubishi Estate. Individual Group companies have the discretion to determine benefits on their own.)
401-3 Parental leave
GRI 402: Labor / Management Relations 2016 402-1 Minimum notice periods regarding operational changes Although here are no written rules and they can differ depending on the details, the minimum notice period is two weeks, and major events such as those accompanying a change in work regulations may require a period of over one month.
(For Mitsubishi Estate alone.)
GRI 403: Occupational Health and Safety 2018 403-1 Occupational health and safety management system
403-2 Hazard identification, risk assessment, and incident investigation
403-3 Occupational health services
403-4 Worker participation, consultation, and communication on occupational health and safety
403-5 Worker training on occupational health and safety
403-6 Promotion of worker health
403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships
403-8 Workers covered by an occupational health and safety management system
403-9 Work-related injuries
403-10 Work-related ill health
GRI 404: Training and Education 2016 404-1 Average hours of training per year per employee
404-2 Programs for upgrading employee skills and transition assistance programs
404-3 Percentage of employees receiving regular performance and career development reviews
GRI 405: Diversity and Equal Opportunity 2016 405-1 Diversity of governance bodies and employees
405-2 Ratio of basic salary and remuneration of women to men
GRI 406: Non-discrimination 2016 406-1 Incidents of discrimination and corrective actions taken We increase awareness of human rights through training programs for employees and strive to prevent discrimination. However, we refrain from disclosing specific details in order to protect the privacy of individuals (restrictions due to confidentiality reasons).
GRI 407: Freedom of Association and Collective Bargaining 2016 407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk
GRI 408: Child Labor 2016 408-1 Operations and suppliers at significant risk for incidents of child labor
GRI 409: Forced or Compulsory Labor 2016 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor
GRI 410: Security Practices 2016 410-1 Security personnel trained in human rights policies or procedures Information is difficult to obtain. The Mitsubishi Estate Group has established CSR Procurement Guidelines and requests that subcontractors responsible for security services adhere to the guidelines, but the carrying out of training is left to the discretion of the subcontractor so there is no information to disclose at the present time.
GRI 411: Rights of Indigenous Peoples 2016 411-1 Incidents of violations involving rights of indigenous peoples There were no applicable examples in fiscal 2019.
GRI 412: Human Rights Assessment 2016 412-1 Operations that have been subject to human rights reviews or impact assessments
412-2 Employee training on human rights policies or procedures
412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening
GRI 413: Local Communities 2016 413-1 Operations with local community engagement, impact assessments, and development programs
413-2 Operations with significant actual and potential negative impacts on local communities Since the methods to evaluate negative impact are yet to be established, there is no information to disclose at the present time.
GRI 414: Supplier Social Assessment 2016 414-1 New suppliers that were screened using social criteria The Mitsubishi Estate Group has established CSR Procurement Guidelines and requests that suppliers adhere to the guidelines, but we carry out a comprehensive evaluation when selecting business partners so there is no information to disclose at the present time.
414-2 Negative social impacts in the supply chain and actions taken We engage in communication as necessary, such as requesting that suppliers who provide goods that use specified raw materials (e.g. palm oil in detergents) disclose and improve traceability.
The details of communications and the results of evaluations are undisclosed since they are believed to be subject to confidentiality.
GRI 415: Public Policy 2016 415-1 Political contributions Undisclosed because the disclosure of the relevant information is believed to be subject to confidentiality.
GRI 416: Customer Health and Safety 2016 416-1 Assessment of the health and safety impacts of product and service categories
416-2 Incidents of non-compliance concerning the health and safety impacts of products and services There were no major violations concerning health and safety in fiscal 2019.
GRI 417: Marketing and Labeling 2016 417-1 Requirements for product and service information and labeling
417-2 Incidents of non-compliance concerning product and service information and labeling There were no major violations concerning product and service information and labeling in fiscal 2019.
417-3 Incidents of non-compliance concerning marketing communications There were no major violations concerning marketing communications in fiscal 2019.
GRI 418: Customer Privacy 2016 418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data There were no major violations involving complaints resulting from breaches of customer privacy and losses of customer data in fiscal 2019.
GRI 419: Socioeconomic Compliance 2016 419-1 Non-compliance with laws and regulations in the social and economic area There were no major violations that resulted in serious fines or sanctions in fiscal 2019.

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