February 17, 2022
For Immediate Release
Name of REIT Issuer:
CRE Logistics REIT, Inc.
2-10-1, Toranomon, Minato-ku, Tokyo, Japan
Tsuyoshi Ito, Executive Director
(TSE Code: 3487)
Asset Manager
CRE REIT Advisers, Inc.
Tsuyoshi Ito, President
Person of Contact:
Hirohisa Toda, Executive Officer, Head of
Corporate Planning and General Affairs
Tel: +81-3-5575-3600
Notice Concerning Support for TCFD Recommendations
CRE Logistics REIT, Inc. ("CRE REIT") hereby announces that CRE REIT Advisers, Inc. (the
"Asset Manager"), to which CRE REIT entrusts the management of its assets, has decided to
support the recommendations of the Task Force on Climate-related Financial Disclosures
("TCFD") and also decided to participate in the TCFD Consortium, a group of domestic
companies that supports TCFD recommendations.
1. Overview of TCFD
TCFD is an international initiative established by the Financial Stability Board ("FSB") at the
request of the G20 for the purpose of discussing the disclosures of climate-related financial
information and the responses by financial institutions. TCFD publishes recommendations for
companies to disclose their governance, strategy, risk management, and metrics and targets for
climate-related risk and opportunities.
2. Overview of TCFD Consortium
TCFD Consortium is a group of companies and financial institutions that supports the TCFD
recommendations. The consortium was established with a view to further discussion on effective
corporate disclosures of climate-related information and initiatives to link disclosed information
to appropriate investment decisions on the part of financial institutions and other organizations.
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3. Future measures
CRE REIT and the Asset Manager believes that addressing sustainability issues will contribute to the strengthening of CRE REIT's competitive edge and the enhancement of unitholder value over the medium to long term and will continue to place importance on ESG in the asset management.
* CRE Logistic REIT, Inc. website: https://cre-reit.co.jp/en/
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