Orix Jreit Inc. · TSE:8954
Orix Jreit — ESG Presentation (October 2023)
88 slides from Orix Jreit's sustainability presentation, October 2023
Slide 1: ESG Report 2023 (Published October 2023)
Published in October 2023 Revised on page 7、22、23、52、73、75、81 and 87 in January 2024
Slide 2: Index and Purpose and Scope of Report
Index Table of contents Purpose and Scope of Report 20-years History and Sustainability of ORIX JREIT Inc. 3 Social Initiatives ORIX JREIT Inc. (hereinafter “OJR”), together with ORIX Asset Message from Management 4 Management Corporation (hereinafter “OAM”) which manages the Improve the Health, Saf
Slide 3: 20-year History and Sustainability of ORIX JREIT Inc.
Summary 20-year History and Sustainability of ORIX JREIT Inc. OJR has been making the most of ORIX Group’s support to carry out various measures to achieve the stable increase of unitholder value and to establish a sustainable society through flexible growth strategies designed specifically for a di
Slide 4: Message from Management
Top Message Message from Management Management Philosophy of ORIX JREIT Inc. We aim to enhance unitholder value by improving It has been more than 20 years since OJR was listed on the Tokyo Stock Exchange in June 2002 as the fourth profitability and stability of our portfolio, reducing REIT in Japan
Slide 5: OJR Corporate Data and Operation Highlights
Summary OJR Corporate Data Operation Highlights (as of April 19, 2023) Corporate Name ORIX JREIT Inc. Nippon Life Hamamatsucho Crea Tower 2-3-1, Hamamatsucho, Minato- Address Number of properties Asset size (Acquisition price) ku, Tokyo Representative Hiroshi Miura, Executive Director 109 684.9 bill
Slide 6: ESG Policy, Related Guidelines, and Approach to ESG
Summary of promoting ESG ESG Policy, Related Guidelines, and Approach to ESG OJR and OAM believe in the importance of sustainable asset management that takes into account ESG issues in achieving stable growth of unitholder value. To achieve this, we have established an ESG Policy and other related g
Slide 7: Materiality and KPI
Materiality and SDGs Materiality and KPI In February 2019, OJR defined material issues for sustainability that incorporate the perspective on the environment, society and governance (collectively, “ESG”), based on our management philosophy: Aim for sustainable growth of unitholder value. By setting
Slide 8: Awards and Accreditations for OJR, Membership and Signatories
External Evaluation Awards and Accreditations for OJR Membership and Signatories OJR, OAM and ORIX Group joined and support the following initiatives. OAM recently has signed • 2023 GRESB Real Estate Assessment up to Principales for Responsible investment (PRI) in April 2022. Furthermore, OAM joined
Slide 9: Sustainable Finance
Sustainable Finance Sustainable Finance Creating a Sustainable Finance Policy OAM established the Guidelines for Sustainable Finance in September 2023 as part of a response to "Working with Stakeholders" stipulated in its ESG policy as part of an effort to work with financial institutions to promote
Slide 10: Green Finance Framework and Positive Impact Finance
Sustainable Finance ■Green Finance Framework In order to implement green financing in line with the requirements of the Green Bond Principles 2018 of the Note1: Eligible Green Assets are assets that have acquired or are scheduled to acquire/recertify the following certifications. International Capit
Slide 11: Efforts toward Transition Plan for Net Zero by 2050
Special Feature OAM has been conducting TCFD scenario analyses for OJR over the past several years to assess climate change risks. As Efforts toward the next step in this scenario analysis, OAM and OJR have set GHG reduction targets based on the Science Based Targets Special Feature Transition Plan
Slide 12: Disclosure Based on TCFD Recommendations
Special Feature Special Disclosure Based on TCFD Recommendations Feature OAM announced its endorsement of the TCFD recommendations in 2019. We began participating in the TCFD Consortium, promoting initiatives alongside climate change risk analysis and management at OJR and began disclosing of inform
Slide 13: Redefined Reduction Targets and Transition Roadmap Based on SBTi
Special Feature Special Redefined Reduction Targets and Transition Roadmap Based on SBTi Feature ・ The TCFD requires consideration and disclosure of the actual or potential impact of climate-related risks and opportunities (collectively, climate-related issues) on business, strategy, and financial p
Slide 14: Transition Roadmap
Special Feature Special Feature Transition Roadmap A transition roadmap has been formulated to achieve our 2030 and 2050 targets. By 2030, OJR will take the initiative in addressing GHG emissions, focusing primarily on Scopes 1 and 2 as well as the portions of Scope 3 Category 13 where OJR has autho
Slide 15: Stakeholder Meeting: About the OJR Transition Plan
Stakeholder Meeting ■Stakeholder Meeting About the OJR Transition Plan On August 9, 2023, a stakeholder meeting was hosted in which we received feedback from stakeholders about the draft of a transition plan being formulated by OJR. Mr.Takumi Akiyama Mr.Yukihisa Nambu Mr.Ryuichi Horie Ms.Kaori Miyak
Slide 16: Stakeholder Meeting: OJR Transition Plan
Stakeholder Meeting ■OJR Transition Plan require a reduction in total emissions, we at OJR have However, at OJR, the scope of our targets originally Tanaka: When we conducted analysis aimed at net been carefully considering their impact on external included not only Scope 1 and Scope 2 but the area
Slide 17: Stakeholder Meeting
Stakeholder Meeting While the scope of emissions that fall under the target When calculating areas where OJR could proactively about the services we use, and encourage action according to this is double that of Scopes 1 and 2 of the reduce emissions (Scope 1, Scope 2, and the portion of across the e
Slide 18: Stakeholder Meeting
Stakeholder Meeting Moderator: I would now like to hear your opinions on importance. I hope OJR will continue looking at how to tool to calculate embodied carbon for next March, and the transition plan. make electricity in areas controlled by tenants using low-carbon materials can help reduce embodi
Slide 19: Stakeholder Meeting
Stakeholder Meeting refrain from negative lobbying, positive lobbying and knowledge from our position as a real estate developer, necessary for the advocacy are now required for progress. Last year, I and promoted the acquisition of CASBEE certification. industry to standardize participated in the U
Slide 20: Stakeholder Meeting
Stakeholder Meeting Figure 5). Next is off-site renewable energy without Figure 5. Priority for Achieving Net Zero in Real Estate additionality, where enter a contract for renewable Miyake: I would like to emphasize that the goal should energy with a power company or utilize Non-Fossil Fuel not be t
Slide 21: Stakeholder Meeting
Stakeholder Meeting Practical Guidance on Social Impact Real I hope that OJR, a pioneer in corporate-level positive Akiyama: If you ask if doing ESG initiatives has added Figure 6. Estate impact finance, will consider impact investments tied to value to stock price variations, I would unfortunately
Slide 22: Environmental Initiatives
Environment Our business activities impact the environment in various ways through the use of energy and resources and the discharge of waste. OJR and OAM identify and evaluate these factors from the perspective of risk and sustainability and strive to reduce our environmental impact by taking a pre
Slide 23: Promotion of Climate Change Countermeasures (Reduction of Greenhouse Gas Emissions)
Environment Promotion of Climate Change Countermeasures (Reduction of Greenhouse Gas Emissions) OJR invests in a wide range of properties, primarily in office buildings, but also in retail facilities, residential properties, logistics facilities, and hotels and others, which it leases and manages. I
Slide 24: Reducing Electric Power Consumption and CO2 Emissions
Environment Reducing Electric Power Consumption and CO2 Emissions OJR’s obtained its first “ZEB LED lighting BEMS (Building Energy Reducing CO2 by Oriented” certification Management System) upgrading facilities Since acquiring the office building “Lunar The installation of LEDs has made it We have i
Slide 25: Use of Renewable Energy
Environment Use of Renewable Energy ●Generate electricity for renewable energy Iwatsuki Logistics Center began generating renewable energy through solar panels in March, 2020. 693 solar panels were installed as of the end of February Renewable Energy Generation 2020. Total of renewable energy genera
Slide 26: Promoting Green Buildings and Energy-Saving Certifications
Environment Promoting Green Buildings and Energy-Saving Certifications OJR proactively promotes to acquire green building and energy-saving certification in order to visualize objectivity and performance. OJR has improved its GFA coverage ratio as below. OJR aims to achieve green certification (DBJ・
Slide 27: Management of Resources and Waste, Ecosystems and Biodiversity
Environment Management of Resources and Waste Ecosystems and OJR promotes the effective use of resources and the efficient use of water resources by promoting pollution prevention, recycling, etc., along with the proper management of waste, hazardous substances, wastewater, etc. Biodiversity Protect
Slide 28: Urban Site Investment Criteria
Environment Urban Site Investment Criteria (Contribution to Revitalization and Redevelopment) Investments towards Urban Revitalization and Investments in Multi / Mixed Use Properties Redevelopment Properties OJR contributes to the urban revitalization and redevelopment with due consideration for OJR
Slide 29: Social Initiatives
Social Our business is built on cooperation and collaboration with many people. First, are our customers (tenants and users) who use our facilities and properties. Collaboration and cooperation with property managers (PMs) and building managers (BMs) is essential to ensure the safety, security, and
Slide 30: Improve the Health, Safety and Well-Being for Customers (Tenants and Users)
Social Improve the Health, Safety and Well-Being for Customers (Tenants and Users) OJR and OAM takes a wide range of measures to improve customer’s health, safety, and comfort. Property Renovation Improvement of tenant satisfaction and convenience Improvement of tenant convenience ●Widen the entranc
Slide 31: Contributing to the health and comfort of tenants and the community
Social Contributing to the health and comfort of tenants and the community ●Installing a bicycle sharing system ●Establishment of Electric Assist Bicycle / ●Refreshment area At MG Ichigaya Building, Electric Scooter Port Base Refreshment areas have been set up at ARK Hills South Tower (left) and OJR
Slide 32: Implementation of Safety Measures
Social Implementation of Safety Measures Climate change adaptation measures Safety measures are carried out with property managers(PM) and building managers(BM) to prepare ●R-Styles Musashi-Kosugi for disasters and improve customer’s safety(tenants and users). A flood warning system was installed in
Slide 33: WELL Health-Safety Rating and Customer Satisfaction Survey
Social Achievement of WELL Health-Safety Rating Customer (Tenant) Satisfaction Survey OJR has achieved WELL Health-Safety Rating in “Hamamatsu Act Tower” which is an office OJR conducts a yearly satisfaction survey to ensure that operational management is aimed building owned by OJR. The WELL Health
Slide 34: Contribution to and Engagement with Community
Social Contribution to and Engagement with Community We endeavor to contribute to society through various engagements with community. Efforts for Regional Revitalization Hosting and supporting events that contribute to regional revitalization ● "Act De Yaramaika” is a GW event to revitalize for Hama
Slide 35: Cooperation with PM/BM; Information Disclosure and Dialogue with Stakeholders
Social Cooperation with Property Managers (PM) Information Disclosure and Dialogue with and Building Managers (BM) Stakeholders We believe that setting standards for the entire supply chain is an effective way to promote Proactive Investor relation(IR) activities ESG, and we are working with the pro
Slide 36: Approach to Human Rights
Social Approach to Human Rights ORIX believes that corporate responsibility should be part of everything that ORIX does and part of such Support Activities for the Children Who Will Create the Future corporate responsibility is the duty to integrate human rights considerations into business operatio
Slide 37: Human Resources Strategy to Support Sustainable Growth
Social Human Resources Strategy to Support Sustainable Growth As part of ORIX Group, all OAM employees are seconded from ORIX Corporation or its group companies and possess highly specialized professional skills. Therefore, ORIX Group’s policy on human resources basically applies to OAM. In addition
Slide 38: Workplace that Offers Value
Social Workplace that Offers Value ORIX Group has been conducting various human resource initiatives to realize a workplace environment where employees with diverse values can work healthy with peace of mind and experience fulfillment from being able to fully display their potential. In its risk ass
Slide 39: Human Resource System
Social Human Resource System From early on, ORIX has created a human resources system that is more progressive than legal requirements. We started actively recruiting women from before the enforcement of the Equal Employment Opportunity Law in 1986. By enriching our human resources system to support
Slide 40: Systems to Support Work-Life Balance
Social Systems to Support Work-Life Balance(Childbirth/Childcare/Nursing Care) Benefits Package that Takes into Account Work- Maternity and childbirth support Life Balance We also offer shortened workdays during pregnancy, staggered workdays prior to childbirth, and time for prenatal and postnatal
Slide 41: Employee Health and Safety (Occupational Safety)
Social Employee Health and Safety (Occupational Safety) ORIX Group companies and health insurance associations work together to promote initiatives aimed at improving the safety and health of employees. Health Promotion System Employee Health Management Health and Sanitation Committee With the motto
Slide 42: Development of Competencies of Officers and Employees
Social Development of Competencies of Officers and Employees (Talent Development) OAM views its officers and employees as" "human assets" "and they are management resources indispensable for business operations. Through a variety of effective training programs, a self-development support system, and
Slide 43: Self-development Support System and Support for Qualification Acquisition
Social Self-development Support Support for Qualification Division specific training System Acquisition OAM or a specific division of ORIX Group holds training on ORIX Group considers knowledge and growth gained As the asset management company of OJR, OAM actively corporate ethics, compliance and ES
Slide 44: Securing a Strategic Talent Pipeline; Performance Review and Compensation Scheme
Social Securing a Strategic Performance Review and Compensation Scheme Talent Pipeline The performance review and compensation scheme has ＜Periodic assessment interviews and feedback ＞ OAM, in line with its forecast of business developments and three purposes: human resource development, achievement
Slide 45: Governance Initiatives
Governance OJR and OAM are fully aware of the importance of the social responsibility and public duties required of investment corporations and committed to complying with social norms based on high standard of ethics. Also, we regard compliance with laws and regulations, centering on the Act on Inv
Slide 46: Structure and Governance of OJR
Governance Structure and Governance of OJR Structure of OJR In J-REIT, the investment corporations thoroughly functions as a “container” for asset management The executive director of an investment corporation have the authority to execute its business, and and Investment Trust Law prohibits investm
Slide 47: Organization of OJR and Directors' Remuneration
Governance Organization of OJR In addition to the general meeting of unitholders, OJR is composed of one executive director, three supervisory directors, a board of directors composed of executive director and supervisory directors, and an accounting auditor. For details regarding the general meeti
Slide 48: Operation Structure and Governance
Governance Operation Structure and Governance OAM, being entrusted the asset management and institutional operation of OJR, raises fundamental management policy to achieve highly consistent, efficient and transparent investment operations to grow OJR into a sound and highly profitable J-REIT and eng
Slide 49: Operation Structure of OAM and Board Composition
Governance Operation Structure of OAM Composition of the OAM Board of Directors, various committees and Shareholders’ Meeting meeting attendance Independent Public Corporate Auditor Accountants Composition of the OAM Board of Directors and various committees and those meeting Board of Directors Chai
Slide 50: Compliance
Governance Compliance Basic Compliance Policy and Structure Compliance Policy System to Promote Compliance OJR and OAM Company fully recognize the importance of OAM has adopted the following systems in order to achieve compliance. social responsibility and the public mission required of investment c
Slide 51: Compliance Promotion
Governance Compliance Promotion Handling of transactions with conflicts of interest, and Compliance Department prevents the potential harm etc., and in the event that a suspicious transaction is found, etc. caused by transactions with conflicts of interest. it will be reported to the appropriate adm
Slide 52: Prevention of Insider Trading and Dealing with Complaints
Governance Prevention of Insider Trading Dealing with complaint, accident, crisis, etc. Payment of Fines for Violations of Environmental OAM’s internal rules on prevention of insider trading, etc. The “Compliance Rules for Complaints, Accidents, Crises, Laws, Labor-related Laws and Regulations, proh
Slide 53: Whistleblower system
Governance Whistleblower system <Reporting and consultation route> External whistleblower system Audit Committee Board of Directors As part of its effort to promote compliance, ORIX Group has set up a whistleblower hotline for business partners to report issues. CEO / Executive Committee External wh
Slide 54: Compliance Training, Auditing and Customer-Oriented Business Conduct
Governance Compliance Training and Awareness Auditing and Monitoring System Customer-Oriented Business Conduct In order to raise awareness and maintain the company’s OAM has established the Internal Audit Department, which is The concept of customer-oriented business conduct internal compliance fram
Slide 55: Risk Management
Governance Risk Management Risk Management System <PDCA cycle for risk management> Risk Management Structure ■ Comprehensive ■ Examination of risk OAM has established a Risk Management and Compliance Department to oversee risk identification of risks management policy 1. 2. ■ Analysis of risk, Ident
Slide 56: Information Security Risk Management
Governance Information Security Risk Management Concept of Information Security Information Security Governance Structure ORIX Group recognizes that information security-related risks Based on the above, the Asset Management Company has CEO (Group Information Security Officer) are an important manag
Slide 57: Disaster Risk Management and Crises Management System
Governance Crises Management System Disaster Risk Management Incident Management System BCP ORIX Group has rules in place for addressing operational risk incidents, and ORIX Group has established the Basic Disaster Risk Management Rules manages operational risk according to the degree of managerial
Slide 58: Appendix
Appendix 1. Our History of ESG 2. ESG Policy and related Guidelines 3. Material Issues Identification Process 4. Details of Sustainable Finance 5. TCFD Scenario Analysis 6. GHG Emissions in Detail 7. Environmental Data Appendix 8. List of Green Building Certified Properties 9. Status of Officers and
Slide 59: 1. Our History of ESG
Appendix 1. Our History of ESG Based on the feature of J-REITs whereby an asset management company is entrusted with the authority over the management of assets of the investment corporation , OAM has promoted ESG through joint efforts with OJR. ・ OAM established “Environmental policy”. OAM conducte
Slide 60: 2. ESG Policy and Related Guidelines
Appendix 2.ESG Policy and Related Guidelines • We recognize the Paris Agreement and the reduction targets to 7. Risk management, compliance, and fair business ESG Policy which Japan committed in the Paris Agreement, and our activities practices will be based on this as a long-term objective. • We co
Slide 61: Guidelines for Reducing Energy and Greenhouse Gases
Appendix Guidelines for Reducing Energy (2) Greenhouse gas emissions: (5) Use of Green Power Certificates and environmental value ①Direct emissions (emissions from use of municipal gas, The use of Green Power Certificates, Non-Fossil Fuel Certificates and Greenhouse Gases excluding usage by tenants)
Slide 62: Guidelines for Management of Resources and Waste; ESG Guidelines for Procurement
Appendix Guidelines for Management of 4. Collaboration with stakeholders 2. Business partners (1) Education and awareness of employees We request business partners to understand the intent and contents Resources and Waste We work to educate and raise awareness in our employees by of these guidelines
Slide 63: Guidelines for ESG Investment and Management; Sustainable Finance
Appendix Guidelines for ESG Investment and 3. Management of implementation Guidelines for Sustainable Finance Management The implementation status of sustainable finance shall be managed based on each framework. The status of these controls is regularly In managing assets for ORIX JREIT Inc. (“OJR”)
Slide 64: 3. Material Issues Identification Process
Appendix 3. Material Issues Identification Process STEP 1 Firstly, we identified who OJR’s major stakeholders are. We then broadly extracted about 260 items that meet stakeholders Identification of the initial expectations on factors including SDGs, GRI, survey items from evaluators and other materi
Slide 65: Details of Materiality
Appendix Details of Materiality OJR's Material Issues Relevant SDGs Promotion of climate change countermeasures (reduction of greenhouse gas emissions) • Reduce greenhouse gas emissions by installing equipment that contributes to improving energy efficiency and energy saving at our properties. • Wor
Slide 66: 4. Details of Sustainable Finance
Appendix 4. Details of Sustainable Finance Details of Green Bonds Details of Green Loans 1st OJR Green Bonds 2nd OJR Green Bonds 3rd OJR Green Bonds Lender Amount Borrowed Date Borrowed Repayment Due Date (13th unsecured bonds with Pari (15th unsecured bonds with Pari (17th unsecured bonds with Pari
Slide 67: Management of Proceeds; Themes of Positive Impact Finance
Appendix Management of Proceeds Themes of Positive Impact Finance AUM of OJR Eligible Green Assets Eligible Green Dept Total amount raised Themes Goals SDGs (Acquisition price) 684billion yen (a) Reduction of CO2 emissions 428 billion yen 183 billion yen 22 billion yen (109 properties) (b) Reduction
Slide 68: 5. TCFD Scenario Analysis
Appendix 5. TCFD Scenario Analysis Scope of Scenario Analysis Applied Scenario Defined as 4°C (2.7°C - ) scenario Analyzed OJR's portfolio on all 111 owned and managed properties. Two scenarios were selected ; 4°C Scenario : “4°C scenario” and “1.5 - 2°C scenario” 3.2 - 5.4°C will rise from pre-indu
Slide 69: Impact of Risks and Opportunities on Earnings
Appendix Impact of Risks and Opportunities on Earnings Estimated Results of Risks and Opportunities Effect on PL A Current analysis Rental business Explanation of calculation/Difference revenue Risk items from previous analysis 4°C 1.5–2°C Added risk of falling Environmental rents for uncertified Ce
Slide 70: World-view Assumed in 4°C and 1.5-2°C Scenarios
Appendix ■ World-view Assumed in 4°C Scenario ■ World-view Assumed in 1.5 - 2°C Scenario Further reduction of disaster risks in asset portfolio will be required The challenge of improving portfolio energy conservation performance 4°C 1.5 - 2°C 4°C 1.5 - 2°C Repair owned properties Natural environmen
Slide 71: Climate Change Risk Analysis (New CRREM Pathways)
Appendix Climate Change Risk Analysis (New CRREM Pathways) CRREM sets CO2 emission intensity of real estate as an indicator, establishes a "decarbonization pathway" by purpose and region in line with the goal of net zero by 2050, and reflects the status of owned assets to create an anticipated decar
Slide 72: 6. GHG Emissions in Detail
Appendix 6. GHG Emissions in Detail GHG emissions (t-CO2e) FY 2021 FY 2022 Fuel-derived 746 747 Scope 1 Fluorocarbon leak portion 1,001 1,250 Scope 1 Subtotal 1,747 1,997 Scope 2 20,399 20,580 Category 1 Purchased goods and services 4,338 4,392 Category 2 Capital goods 8,988 9,819 Fuel and energy-re
Slide 73: 7. Environmental Data
Appendix ７. Environmental Data Energy usage（Data calculated based on GHG protocol） Waste Disposal Item Unit FY2018 FY2019 FY2020 FY2021 FY2022 Waste Disposal Electric Power MW ｈ 155,084 152,029 154,935 ★152,985 ★160,456 unit FY2021 FY2022 Consumption (Conversion) 558,302 547,304 557,766 550,746 577,
Slide 74: 8. List of Green Building Certified Properties
Appendix 8. List of Green Building Certified Properties CASBEE® for Real BELS DBJ Green Building CASBEE® for Real BELS DBJ Green Building EstatBELS Certification EstatBELS Certification Type Property Type Property Aoyama Suncrest Building ★★★★★ ★ ★ Nihon Jisho Minami Aoyama Building ★★★★★ Round-Cros
Slide 75: 9. Status of Officers and Employees of OAM
Appendix 9. Status of Officers and Employees of OAM (Unit: Person) FY2018 FY2019 FY2020 FY2021 FY2022 FY2018 FY2019 FY2020 FY2021 FY2022 Number of officers and 70 Number of resignees*3 2 1 1 3 1 70 69 71 69 employees*1 ・Men 1 1 1 3 1 ・Men 46 47 49 45 47 ・Women 1 0 0 0 0 ・Women 24 22 22 24 23 Percent
Slide 76: 10. Directors' Profiles of OJR
Appendix 10. Directors’ Profiles of OJR Position Name (Birth Date) Carrier summery (as of May 24, 2023) June 1991 Registered as certified public accountant Joined Salomon Brothers Asia Limited, Tokyo Branch (currently, Position Name (Birth Date) Carrier summery August 1991 Citigroup Global Markets J
Slide 77: 11. Customer-Oriented Business Conduct
Appendix 11. Customer-Oriented Business Conduct Policy 1 Establishment and Announcement of the Policy Policy 5 Provision on Important Information in an Easy-to-Understand Manner ORIX Asset Management Corporation (hereafter “the Company”) has established and hereby The Company and OJR are highly comm
Slide 78: 12. Information Security Policy
Appendix 12. Information Security Policy ORIX Group recognizes that risks related to information security are important management issues and strives to manage information assets securely by establishing this information security policy and by protecting "information" appropriately. Introduction foc
Slide 79: 13. GRI Content Index
Appendix 13. GRI Content Index Statement of use ORIX JREIT Inc. has reported in accordance with the GRI Standards for the period from April 1, 2022 to March 31, 2023. GRI used GRI 1: Foundation 2021 ITEMS DISCLOSURE LOCATION (Website posting place) as of October 2023 LOCATION (ESG report) 2.General
Slide 80: GRI Content Index (General Disclosures)
Appendix ITEMS DISCLOSURE LOCATION (Website posting place) as of October 2023 LOCATION (ESG report) 2.General Disclosures OJR Website Sustainability Committee P.6 Approach to ESG OJR Website Decision-making Process P.48 Decision Making Process Role of the highest governance body in overseeing the 2-
Slide 81: GRI Economic Disclosures
Appendix Economic Disclosures ITEMS DISCLOSURE LOCATION (Website posting place) as of October 2023 LOCATION (ESG report) Economic Performance OJR Website Material issues P.7 Materiality and KPI OJR Website ESG Policy P.60 2. ESG Policy and Related Guidelines OJR Website Risk Management and Complianc
Slide 82: GRI Environmental Disclosures
Appendix Environmental Disclosures ITEMS DISCLOSURE LOCATION (Website posting place) as of October 2023 LOCATION (ESG report) Water and Effluents OJR Website Water Use P.27 ■Protection of Water Resources 303-1 Interactions with water as a shared resource OJR Website Environmental Care-Water conserva
Slide 83: GRI Social Disclosures
Appendix Social Disclosures ITEMS DISCLOSURE LOCATION (Website posting place) as of October 2023 LOCATION (ESG report) Occupational Health and Safety 403-3 Occupational health services ー P.41 ■Employee Health and Safety (Occupational Safety) Worker participation, consultation, and communication on 4
Slide 84: GRI Social Disclosures: Customer Health and Safety
Appendix Social Disclosures ITEMS DISCLOSURE LOCATION (Website posting place) as of October 2023 LOCATION (ESG report) Customer Health and Safety Assessment of the health and safety impacts of product 416-1 OJR Website Connections with Tenants and Business Partners P.30-33 Improve the Health, Safety
Slide 85: 14. SASB Standard
Appendix 14. SASB Standard Activity Metrics Retail Logistic Residential Lodging, Code ACCOUNTING METRIC Total Offices Other Unit Facilities Facilities properties Leisure (Note) IF-RE-000.A Number of assets 107 56 21 5 17 8 Properties IF-RE-000.B Leasable floor area(Note) 987,594 412,827 135,220 183,
Slide 86: Water Management; Tenant Sustainability Impacts; Climate Change Adaptation
Appendix Water Management Retail Logistic Residential Lodging, Code ACCOUNTING METRIC Total Offices Other Unit Facilities Facilities properties Leisure Data coverage of water withdrawal by property subsector 89.8 93.7 90.7 100 61.9 100 % of GFA Data coverage of Water withdrawal in regions with High
Slide 87: 15. Environmental Information Independent Verification Report
Appendix 15. Environmental Information Independent Verification Report 2023 ESG Report ORIX JREIT Inc. 87
Slide 88: ORIX Asset Management Corporation
This document was provided and released solely with the intent of providing information. This document should not be construed as an offer or solicitation to buy or sell any specific product, including investment units. This document is not a disclosure document or statement of financial performance