Statement of use | The Mitsubishi Estate Group has reported in accordance with the GRI Standards for the period from April 1, 2022 to March 31, 2023. |
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Title of GRI 1 used | GRI 1: Foundation 2021 |
GRI standards | Requirements | Page |
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GRI 2: General Disclosures 2021 | 2-1 Organizational details | |
2-2 Entities included in the organization’s sustainability reporting | ||
2-3 Reporting period, frequency and contact point | ||
2-4 Restatements of information | Not applicable | |
2-5 External assurance | Sustainability Activities (ESG) > Independent Third-Party Assurance Report |
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2-6 Activities, value chain and other business relationships | ||
2-7 Employees | Sustainability Activities (ESG) > ESG Data > S: Social data > Human Resources |
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2-8 Workers who are not employees | Sustainability Activities (ESG) > ESG Data > S: Social data > Human Resources |
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2-9 Governance structure and composition | ||
2-10 Nomination and selection of the highest governance body | ||
2-11 Chair of the highest governance body | ||
2-12 Role of the highest governance body in overseeing the management of impacts | ||
2-13 Delegation of responsibility for managing impacts | ||
2-14 Role of the highest governance body in sustainability reporting | ||
2-15 Conflicts of interest | ||
Mitsubishi Estate Co., Ltd. Corporate Governance Guidelines P5 |
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2-16 Communication of critical concerns | ||
2-17 Collective knowledge of the highest governance body |
Mitsubishi Estate Co., Ltd. Corporate Governance Guidelines P4 > Article 17: Training for Directors and Corporate Executive Officers; P6 > Exhibit 1: Appointment Standards for Candidates for Directors |
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2-18 Evaluation of the performance of the highest governance body | IR Information > Corporate Governance > Corporate Governance System |
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2-19 Remuneration policies | Securities Report > (4) Remuneration of Directors, etc. (Japanese only) |
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IR Information > Corporate Governance > Remuneration > Revision of the Remuneration System |
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Mitsubishi Estate Co., Ltd. Corporate Governance Guidelines P3 > Article 11: Remuneration Committee; P9 > Policy Concerning Decisions on the Details of Remuneration, etc. for each Director and Corporate Executive Officer |
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2-20 Process to determine remuneration | Securities Report > (4) Remuneration of Directors, etc. (Japanese only) |
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IR Information > Corporate Governance > Remuneration > Revision of the Remuneration System |
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2-21 Annual total compensation ratio | - | |
2-22 Statement on sustainable development strategy | ||
2-23 Policy commitments | Sustainability Management > Mitsubishi Estate Group ESG-Related Rules and Policies |
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2-24 Embedding policy commitments | Sustainability Management > Mitsubishi Estate Group ESG-Related Rules and Policies |
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2-25 Processes to remediate negative impacts | ||
2-26 Mechanisms for seeking advice and raising concerns | ||
2-27 Compliance with laws and regulations | ||
2-28 Membership associations | Sustainability Management > Stakeholder Engagement > Partnerships with Outside Organizations |
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2-29 Approach to stakeholder engagement | ||
Sustainability Management > Stakeholder Engagement > FY2022 Stakeholder Dialog Details |
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Employment and Labor Relations > Promotion of Dialogue with Employees and Labor Union |
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Mitsubishi Estate Group 2030 Goals for SDGs > Material Issues of the Mitsubishi Estate Group |
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2-30 Collective bargaining agreements | ||
Material Topics | ||
GRI 3: Material Topics 2021 | 3-1 Process to determine material topics | Mitsubishi Estate Group 2030 Goals for SDGs > Material Issues of the Mitsubishi Estate Group |
3-2 List of material topics | ||
3-3 Management of material topics | ||
Economic Performance | ||
GRI 201: Economic Performance 2016 | 201-1 Direct economic value generated and distributed | |
201-2 Financial implications and other risks and opportunities due to climate change | Sustainability Activities (ESG) > Environment > Information Disclosure Based on TCFD Recommendations |
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201-3 Defined benefit plan obligations and other retirement plans | ||
201-4 Financial assistance received from government | - | |
Market Presence | ||
GRI 202: Market Presence 2016 | 202-1 Ratios of standard entry level wage by gender compared to local minimum wage | Sustainability Activities (ESG) > Social > Employment and Labor Relations > Payment of Fair Wages |
202-2 Proportion of senior management hired from the local community | - | |
Indirect Economic Impacts | ||
GRI 203: Indirect Economic Impacts 2016 | 203-1 Infrastructure investments and services supported | |
Mitsubishi Estate Group 2030 Goals for SDGs > Key Theme 3: Innovation |
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Mitsubishi Estate Group 2030 Goals for SDGs > Key Theme 4: Resilience |
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203-2 Significant indirect economic impacts | - | |
Procurement Practices | ||
GRI 204: Procurement Practices 2016 | 204-1 Proportion of spending on local suppliers | Sustainability Activities (ESG) > Social > Supply Chain Management |
Anti-corruption | ||
GRI 205: Anti-corruption 2016 | 205-1 Operations assessed for risks related to corruption | Sustainability Activities (ESG) > Governance > Compliance > Reinforcing Compliance |
Sustainability Activities (ESG) > Governance > Risk Management > Risk Management Initiatives |
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205-2 Communication and training about anti-corruption policies and procedures | Sustainability Activities (ESG) > Governance > Compliance > Reinforcing Compliance |
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Sustainability Activities (ESG) > Governance > Risk Management > Risk Management Initiatives |
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Sustainability Activities (ESG) > ESG Data > G: Governance data |
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205-3 Confirmed incidents of corruption and actions taken | Sustainability Activities (ESG) > Governance > Compliance > Reinforcing Compliance |
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Sustainability Activities (ESG) > ESG Data > G: Governance data |
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Anti-competitive Behavior | ||
GRI 206: Anti-competitive Behavior 2016 | 206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices | Sustainability Activities (ESG) > Governance > Compliance > Reinforcing Compliance |
Sustainability Activities (ESG) > ESG Data > G: Governance data |
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Tax | ||
GRI 207: Tax 2019 | 207-1 Approach to tax | Sustainability Activities (ESG) > Governance > Tax Transparency > Policy on Tax Transparency |
207-2 Tax governance, control, and risk management | Sustainability Activities (ESG) > Governance > Tax Transparency > Governance System |
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207-3 Stakeholder engagement and management of concerns related to tax | Sustainability Activities (ESG) > Governance > Tax Transparency > Governance System |
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207-4 Country-by-country reporting | Sustainability Activities (ESG) > ESG Data > G: Governance data |
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Materials | ||
GRI 301: Materials 2016 | 301-1 Materials used by weight or volume | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
301-2 Recycled input materials used | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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301-3 Reclaimed products and their packaging materials | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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Energy | ||
GRI 302: Energy 2016 | 302-1 Energy consumption within the organization | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
302-2 Energy consumption outside of the organization | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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302-3 Energy intensity | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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302-4 Reduction of energy consumption | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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302-5 Reductions in energy requirements of products and services | ||
Water and Effluents | ||
GRI 303: Water and Effluents 2018 | 303-1 Interactions with water as a shared resource | Sustainability Activities (ESG) > Environment > Conserving Water Resources |
303-2 Management of water discharge-related impacts | Sustainability Activities (ESG) > Environment > Conserving Water Resources |
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Sustainability Activities (ESG) > Environment > Reducing Waste and Preventing Pollution |
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303-3 Water withdrawal | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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303-4 Water discharge | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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303-5 Water consumption | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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Biodiversity | ||
GRI 304: Biodiversity 2016 | 304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas | Sustainability Activities (ESG) > Environment > Preserving Biodiversity |
304-2 Significant impacts of activities, products, and services on biodiversity | Sustainability Activities (ESG) > Environment > Preserving Biodiversity |
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304-3 Habitats protected or restored | ||
304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operations | ||
Emissions | ||
GRI 305: Emissions 2016 | 305-1 Direct (Scope 1) GHG emissions | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
305-2 Energy indirect (Scope 2) GHG emissions | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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305-3 Other indirect (Scope 3) GHG emissions | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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305-4 GHG emissions intensity | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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305-5 Reduction of GHG emissions | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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Sustainability Activities (ESG) > Independent Third-Party Assurance Report |
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305-6 Emissions of ozone-depleting substances (ODS) | - | |
305-7 Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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Waste | ||
GRI 306: Waste 2020 | 306-1 Waste generation and significant waste-related impacts | Sustainability Activities (ESG) > Environment > Reducing Waste and Preventing Pollution |
306-2 Management of significant waste-related impacts | Sustainability Activities (ESG) > Environment > Reducing Waste and Preventing Pollution |
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306-3 Waste generated | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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306-4 Waste diverted from disposal | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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306-5 Waste directed to disposal | Sustainability Activities (ESG) > ESG Data > E: Environmental data |
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Supplier Environmental Assessment | ||
GRI 308: Supplier Environmental Assessment 2016 | 308-1 New suppliers that were screened using environmental criteria | |
308-2 Negative environmental impacts in the supply chain and actions taken | Sustainability Activities (ESG) > Social > Supply Chain Management |
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Employment | ||
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 | Life insurance, compensation for illness and disabilities, retirement benefits, employee stock ownership plan, housing assistance, etc. (Scope: Mitsubishi Estate) | |
401-3 Parental leave | ||
Labor/Management Relations | ||
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. (Scope: Mitsubishi Estate) |
Occupational Health and Safety | ||
GRI 403: Occupational Health and Safety 2018 | 403-1 Occupational health and safety management system | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
403-2 Hazard identification, risk assessment, and incident investigation | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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403-3 Occupational health services | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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403-4 Worker participation, consultation, and communication on occupational health and safety | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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403-5 Worker training on occupational health and safety | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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403-6 Promotion of worker health | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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403-8 Workers covered by an occupational health and safety management system | ||
403-9 Work-related injuries | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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403-10 Work-related ill health | Sustainability Activities (ESG) > Social > Occupational Health and Safety / Health Management |
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Training and Education | ||
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 | ||
Diversity and Equal Opportunity | ||
GRI 405: Diversity and Equal Opportunity 2016 | 405-1 Diversity of governance bodies and employees | |
IR Information > Corporate Governance > Corporate Governance System |
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405-2 Ratio of basic salary and remuneration of women to men | Sustainability Activities (ESG) > Social > Employment and Labor Relations > Equitable Salary System |
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Non-discrimination | ||
GRI 406: Non-discrimination 2016 | 406-1 Incidents of discrimination and corrective actions taken | ESG Data > G: Governance data > 2. Risk Management and Compliance |
Freedom of Association and Collective Bargaining | ||
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 | Sustainability Activities (ESG) > Social > Human Rights Initiatives > Policy on Human Rights |
Child Labor | ||
GRI 408: Child Labor 2016 | 408-1 Operations and suppliers at significant risk for incidents of child labor | |
Sustainability Activities (ESG) > Social > Human Rights Initiatives > Policy on Human Rights |
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Forced or Compulsory Labor | ||
GRI 409: Forced or Compulsory Labor 2016 | 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor | |
Sustainability Activities (ESG) > Social > Human Rights Initiatives > Policy on Human Rights |
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Security Practices | ||
GRI 410: Security Practices 2016 | 410-1 Security personnel trained in human rights policies or procedures | - |
Rights of Indigenous Peoples | ||
GRI 411: Rights of Indigenous Peoples 2016 | 411-1 Incidents of violations involving rights of indigenous peoples | When considering business activities in Asia, where there are numerous cases of human rights violations, the Group will conduct corporate human rights due diligence in the area using checklists to confirm whether there are any issues such as forced evictions. The results will be used in decision-making when participating in business activities. These checks are performed based on the concept of Free, Prior and Informed Consent (FPIC), with special attention given to women, children, the elderly, indigenous people, migrants, ethnic and tribal minorities, and other socially-vulnerable individuals and groups particularly susceptible to human rights violations. |
Local Communities | ||
GRI 413: Local Communities 2016 | 413-1 Operations with local community engagement, impact assessments, and development programs | Sustainability Activities (ESG) > Social > Social Contribution Activities / Support for Communities |
413-2 Operations with significant actual and potential negative impacts on local communities | Undisclosed at the present time. | |
Supplier Social Assessment | ||
GRI 414: Supplier Social Assessment 2016 | 414-1 New suppliers that were screened using social criteria | |
414-2 Negative social impacts in the supply chain and actions taken | ||
Public Policy | ||
GRI 415: Public Policy 2016 | 415-1 Political contributions | - |
Customer Health and Safety | ||
GRI 416: Customer Health and Safety 2016 | 416-1 Assessment of the health and safety impacts of product and service categories | Mitsubishi Estate Group 2030 Goals for SDGs > Key Theme 4: Resilience |
416-2 Incidents of non-compliance concerning the health and safety impacts of products and services | No applicable incidents. | |
Marketing and Labeling | ||
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 | No applicable incidents. | |
417-3 Incidents of non-compliance concerning marketing communications | No applicable incidents. | |
Customer Privacy | ||
GRI 418: Customer Privacy 2016 | 418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data | Sustainability Activities (ESG) > ESG Data > G: Governance data |