Materiality
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Determination of Materiality
- GOR and GAR, the asset management company to which GOR entrusts the management of its assets, determine the following priority issues as materiality from among the issues listed below in order to address them preferentially.
- When determining materiality, issues were reviewed from both perspectives of “impact on own business” considering the operational policy and asset characteristics of GOR, and “significance to stakeholders” referencing ESG evaluations for the real estate sector, GRI Standards and related issues recognized in SDGs, etc. The ESG Promotion Council of GAR then determined materiality by considering the opinions of an external expert (CSR Design Green Investment Advisory, Co., Ltd.).
Identified ESG Issues
Identified ESG-related issues | Priority issues | |
---|---|---|
Environment |
Increasing the ratio of properties with environment-related certification in the portfolio | 〇 |
Adaptation to climate change (Management and reduction of energy consumption and greenhouse gas (GHG) emissions, utilization of renewable energy) |
〇 | |
Management and reduction of water consumption | 〇 | |
Waste management and improving the waste recycling rate | 〇 | |
Cooperation with tenants on environmental consideration | 〇 | |
Consideration to biodiversity | ||
Social |
Improvement of tenant satisfaction | 〇 |
Improvement of employee performance and career development (Employee satisfaction survey, establishment and enrichment of various training programs and employee benefits) |
〇 | |
Establishment and expansion of various leave programs (Maternity leave, childcare leave, off-peak commuting, etc.) |
||
Consideration to health and well-being of employees | ||
Contribution to local communities (Consideration to health and well-being of tenants) |
||
Disaster resilience | ||
Governance |
Measures to prevent conflict of interest | 〇 |
Prevention of bribery and corruption | 〇 | |
Thorough compliance and risk management | 〇 | |
Promotion of proactive information disclosure to investors, etc. | 〇 | |
Internal whistleblowing system | ||
Strengthening of information security |
Relationship Between Determined Materiality and SDGs
Priority issues | Action plan/target | KPI | ||
---|---|---|---|---|
E | ||||
Acquisition of environment-related certification |
|
Coverage rate within portfolio | ||
Cooperation with tenants |
|
Implementation rate within all contracts | ||
Mitigating and Adapting to Climate Change (Management and reduction of energy consumption, etc.) |
|
Energy consumption intensity Greenhouse gas (GHG) emissions* intensity Water consumption intensity Waste recycling rate Amount of renewable energy generation *Limit to energy-related CO2 emissions intensity |
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Related SDGs and Targets
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S | ||||
Improvement of employee performance and career development |
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Implementation rate of employee satisfaction survey, response rate, training hours Percentage of employees holding qualifications |
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Respect for human rights and promotion of diversity |
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Employee-related data Number of yearly trainings |
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Promotion of comfortable work environment and work-life balance |
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Average number of paid vacation days taken Rate at which paid holidays are taken Average overtime working hours Average employee engagement score |
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Stakeholder engagement |
|
Implementation rate of tenant satisfaction survey | ||
Related SDGs and Targets
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G | ||||
Thorough compliance and risk management |
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Attendance rate of compliance training Number of risk assessments implemented per year Number of internal audits implemented per year |
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Prevention of corruption |
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Promotion of proactive information disclosure |
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Related SDGs and Targets
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