- Policies and Management Structure
- Environmental Initiatives
- Social Initiatives
- Governance Initiatives
As an asset management company for MORI TRUST Hotel Reit, Inc., we, MORI TRUST Asset Management Co., Ltd. recognize that efforts to improve sustainability such as environmental consideration, contribution to society and strengthening corporate governance through asset management operations are essential for growing unitholders value in the medium to long term. We hereby establish the "Sustainability Policy" and aim to implement it.
Meeting for Promotion of Sustainability
Meetings for promotion of sustainability are held regularly to ensure that Sustainability Policy is implemented and the sustainability goals are achieved.
・ President & Director (Chief Officer with the authority to make final decisions on matters related to the promotion of sustainability)
・ Other Directors
・ General Managers of the Strategic Management Departments and Investment Departments of the Management Divisions (Operating Officers of matters related to the promotion of sustainability)
・ General Manager of the Planning & Finance Department
・ Compliance Officer
・ Other members whose attendance is considered necessary by operating officers
(Details of discussions and reports, frequency of meetings and examination process)
At meetings for promotion of sustainability, policies regarding sustainability are established, revised or abolished, and a range of measures that should be taken in line with the Sustainability Policy are discussed and reported.
Meetings for promotion of sustainability are held four times a year. We are working on continuous improvement through the repetition of the PDCA cycle, including the examination and planning of measures, the reporting and evaluation of progress, the analysis of results, and the examination and planning of improvement measures.
Matters discussed at the meetings for promotion of sustainability are to be decided upon and implemented according to the asset management company's Rules Regarding Administrative Authorities.
Employee training on sustainability
To spread the awareness of sustainability among employees, employee training on sustainability is provided periodically by inviting outside consulting companies as part of the environmental educational and awareness-raising activities.
GRESB Real Estate Assessment
GRESB Real Estate Assessment is an annual benchmarking assessment founded by a group of major European pension funds to measure ESG (Environmental, Social and Governance) integration of real estate companies and funds. The assessment is used by major institutional investors in Europe, the United States and Asia for selecting investment destinations and engaging with investees.
In the 2021 GRESB Real Estate Assessment, MORI TRUST Hotel Reit received “3 Stars” in GRESB Rating, which is based on GRESB Overall Score and its quintile position relative to global participants. It also won “Green Star” designation by achieving high performance both in “Management Component” that evaluates policies and organizational structure for ESG promotion, and “Performance Component” that assesses environmental performance and tenant engagement of properties owned.
MORI TRUST Hotel Reit received the highest “A level” for the five-grade GRESB Public Disclosure, which assesses the width of ESG disclosure practices in connection with environmental and sustainability initiatives.