CSR Design Green Investment Advisory, Co., Ltd.

Please kindly be informed that our office will be temporarily closed after 11:00 a.m. on Tuesday, November 19th for staff training.

We will respond to e-mails received during this period on or after November 20th.

Thank you very much for your understanding.

Please kindly be informed that our office will be temporarily closed after 11:00 a.m. on Friday, September 27th for staff training.

We will respond to e-mails received during this period on or after September 30th.

Thank you very much for your understanding.

Please kindly be informed that our office will be temporarily closed after 11:00 a.m. on Friday, July 17th for staff training.

We will respond to e-mails received during this period on or after July 18th.

Thank you very much for your understanding.

In this renewal, we have reviewed the design and page structure of the website in order to make it easier for visitors to explore.
We will continue to enhance the content of the website and provide you with useful information.

The above report was presented at the “CDP Water Security 2023 Japan Summary Report” at the CDP Awards Japan 2024 held on Tuesday, March 19, 2024, where our Co-founder & CEO, Ryuichi Horie, made the presentation.

For fiscal 2023, we served as a Scoring partner (for “Climate change”, “Water security” and “Forests” questionnaires) and scored the responses from each company, and we also collaborated with CDP as a Report writer on Water security and contributed to this report.

Please see below for further details.　(Japanese only)
https://cdn.cdp.net/cdp-production/comfy/cms/files/files/000/009/003/original/CDP_Water_Security_Japan_2023_0319.pdf
https://japan.cdp.net/events/cdp-awards-japan-2024

We are delighted to announce that we have joined the “Japan Impact-driven Financing Initiative,” which aims to address environmental and social challenges by promoting impact investment. With our expertise we will strive to contribute to advancing this initiative.

“The Japan Impact-driven Financing Initiative”
https://www.impact-driven-finance-initiative.com/en/

PRI and CSRD have published a briefing report on sustainable finance policies, including a potential sustainable finance taxonomy for Japan. The report, prepared in both English and Japanese, is based on surveys among PRI signatories and interviews of relevant ministry officials.

https://www.unpri.org/japan-policy/does-japan-need-a-sustainable-finance-taxonomy-results-from-an-investor-survey-and-stakeholder-interviews/11243.article

GPIF announced that they joined GRESB Infrastructure as an investor member.
https://www.gpif.go.jp/esg-stw/gresb_infra_jp.pdf

GPIF has taken ESG factors into consideration in its investment decision-making. It joined GRESB as a Real Estate investor member in 2020 and now they also joined as a GRESB Infrastructure investor member.
According to its press release; “GPIF joins GRESB as the Infrastructure Investor Member in order to encourage the disclosure of ESG information in the whole infrastructure investment field and promote constructive dialogue with investment managers. In compliance with our stewardship responsibilities, GPIF advises managers to use GRESB Assessment in their infrastructure investment and management process.”

The Partnership for Carbon Accounting Financials (PCAF) Japan, for which CSRD acts as the Secretariat, has announced its workplan for FY2022. The workplan focuses on encouraging participating financial institutions (FIs) to share their experience, knowledge, and issues with other FIs, enhancing the practice of measurement and disclosure of greenhouse gas emissions from loans and investments (financed emissions), and strengthening the collaboration with key stakeholders to tackle with the common issues. In cooperation with the PCAF Japan coalition (Chair: Mizuho Financial Group, Inc.), we will strive to advance this workplan as the PCAF Japan Secretariat.

【PCAF Japan FY2022 workplan】

CSRD supports the vision and mission of the Taskforce on Nature-related Financial Disclosures (TNFD) and has joined the TNFD Forum.

TNFD is a global initiative launched to develop a framework for organizations to assess and report on risks and opportunities pertaining to natural capital and biodiversity, with the aim of supporting a shift in global financial flows toward nature-positive outcomes. The TNFD Forum is organized to assist in the work of the TNFD and its development.

As a TNFD Forum member, CSRD will contribute to the development of a nature-related disclosure framework and further enhancement of its support on ESG information disclosure.

About TNFD: https://tnfd.global/

We are pleased to announce that we have been appointed as the Japan Secretariat of the Partnership for Carbon Accounting Financials (PCAF), a carbon accounting initiative for financial institutions. In close cooperation with the PCAF Japan Coalition (Chair: Mizuho Financial Group, Inc.), we will contribute to promoting the PCAF Standard and supporting practices of assessing and disclosing the financed emissions, i.e., greenhouse gas (GHG) emissions associated with loans and investments by financial institutions in Japan.
About PCAF: https://carbonaccountingfinancials.com/

Along with JSIF Chairman Masaru Arai and Professor Takeshi Mizuguchi of Takasaki City University of Economics, our representative Horie has contributed a report entitled “Trends in Sustainable Real Estate Investment.”

Free download link:
https://japansif.com/wp2020en

About JSIF:
https://japansif.com/english

Ryuichi Horie talks about impact analysis on real estate investment as one of the speakers along with Banque Misr, Bank of Montreal, Societe Generale and UBS, and appears around 00:35 on the video recording.

＜YouTube＞https://youtu.be/cg4_gcRylpo
＜UNEP FI＞https://www.unepfi.org/grt2020/agenda-2/　
Please click the session title “Making it all come together: Holistic Impact Analysis to get from Sustainable Development Goal 1 to 17”(14 Oct,01:25 Session) for the details.

Please kindly resend the message should you send us any emails during the period.

The artcle points out that the number of GRESB Participants has risen by 50% in the Japanese market within the last three years, which reflects the increasing focus on ESG in the real estate and infrastructure investments.
The Nikkei (Evening Paper on 12th June 2019: Only in Japanese): “”ESG” also in real estate investments – 50% increase in three years” (the title tentatively translated by CSRD)

It is the 53rd supporting organization in Japan, and the first among professional service providers.

Being an advisor of UNEP FI Property Working Group, Ryuichi Horie, Co-Founder ＆CEO, and CSRD are aware that real asset management companies based in Europe, North America, Asia and Australia have started initiatives to report climate information in alignment with TCFD by joining a UNEP FI-led pilot group. With becoming a TCFD supporter, CSRD will enhance its support on ESG information disclosure including alignment with TCFD among Japanese real asset sector.

Link to TCFD website　

CSRD has expressed an opinion from a third party standpoint regarding whether the asset acquisition (equity investment in a silent partnership) decided and announced by Industrial & Infrastructure Fund on January 9, 2019, is aligned with the concept of “The Principles for Positive Impact Finance” and “Positive Impact Real Estate Investment Framework” advocated by UNEP FI.

For detailed information, please see IIF’s press release: http://www.iif-reit.com/upd3/irpr_news/pdf/xjs0065C35967E1A8F97.pdf

Our report of the third-party opinion is available at: http://www.iif-reit.com/english/structure/pdf/Report.pdf

Ryuichi Horie, Co-Founder ＆CEO, will join the Real Estate Panel Discussion on DAY2, from 10:30 to 13:00.

” UNEP FI’s 25th anniversary: Regional Roundtable for Sustainable Finance in Asia Pacific”

Organizers: UNEP FI (United Nations Environment Programme – Finance Initiative), UNU-IAS(Institute for the Advanced Study of Sustainability, United Nations University)

Date: Monday 11th – Tuesday 12th December, 2017

For more information, please see GRESB website. 　

The number of participants from the Japanese market has increased to 53 (37 listed and 16 private). Among them, 34 J-REITs participated this year with four of them having joined for the first time. It now covers 85% of the J-REIT market based on the market value (at the beginning of September 2017).

GRESB 2017 Results – Press Release (“Japanese Market Information” and Japanese translation of “Asian Press Release”)(in Japanese)

Visit GRESB website for more information.

It captures seven case studies from C40 member cities to increases the resource and evidence base of city level policy programmes to advance operational energy efficiency and retrofitting in existing, privately owned buildings.
“Urban Efficiency II: Seven Innovative City Programmes for Existing Building Energy Efficiency”
（Report PDF / TMG Web Page / C40 Web Page）

Please also refer to its successful predecessor, on which the above Report builds on.
“Urban Efficiency: A Global Survey of Building Energy Efficiency Policies in Cities” (2014)
（Original / Japanese Translation）

New Address: Kudan Hikari Bldg. 3F 2-4-13, Kudan-minami, Chiyoda-ku, Tokyo, 102-0074 JAPAN
TEL/FAX: Will not change

“Sustainability & ESG Investment in Real Estate: GRESB 2016 Results and ESG Investor Trend” seminar co-hosted by Development Bank of Japan Inc. (DBJ), The Association for Real Estate Securitization (ARES) and Japan Real Estate Institute(JREI), at CongresSquare Nihon-Bashi, November 2nd, 2016, at 1:30 p.m.
For more information, please contact us.

The number of participants from Japanese market has increased to 46 (33 listed and 13 private). Among them, 30 J-REITs participated this year with nine of them having joined for the first time. It now covers 78% of the J-REIT market based on the market value (at the beginning of September 2016).

GRESB Results(Asia) – Press Release (Japanese translation)

GRESB Results – Press Release (Japan Additional Information) (in Japanese)

Visit GRESB website for more information.

the PRI General Meeting scheduled between 6-8 September, in Singapore. This year’s meeting commemorates 10th anniversary, and Mr. Takejiro Sueyoshi (Special Advisor to the UNEP Finance Initiatives in the Asia Pacific Region) and Mr. Hiromichi Mizuno (the Executive Managing Director and Chief Investment Officer at the GPIF) will be also attending from Japan.

It is available at Green Building Online Portal both in Japanese and English.

https://www.ares.or.jp/publication/pdf/ares_j28.pdf (p.41-52. Only in Japanese)

Seminar announcement (in Japanese)
Presentation material (Horie) (in Japanese, an extract version)

Among them, 21 J-REITs participated this year with five of them joined for the first time. It now covers 60% of the J-REIT market based on the market value (at the end of August 2015).

GRESB Result(Asia) – Press Release (Japanese translation)
(Original Press Release: See here)
GRESB Result – Press Release (Japan Additional Information) (in Japanese)

Visit GRESB website for more information.

In the seminar, Mr Ruben Langbroek of GRESB and Ms Y.K. Park of APG, a Dutch pension fund and a founding member of GRESB, talked about sustainability integration in real estate investment. Also Japanese speakers presented on economic impacts of green buildings.
https://www.ares.or.jp/seminar/user/summary/113″ (in Japanese)
Materials for ARES Seminar on GRESB (Horie) (in Japanese)

Presentation material (in English)

http://www.belca.or.jp/bntop.htm (Only in Japanese)

https://www.ares.or.jp/publication/pdf/ares_j22.pdf (p.58-67. Only in Japanese)

C40 Cities Climate Leadership Group.
“Urban Efficiency: A Global Survey of Building Energy Efficiency Policies in Cities” is a resource for city officials around the world as they design new policies for building energy efficiency, or review existing ones. It aims to capture the range of different policies being implemented in cities, and is an initial attempt to reduce the current evidence gap regarding city-level activity in this field. It also provides detailed information on the necessary conditions, opportunities and potential challenges when introducing and implementing such initiatives, and analyses what approaches have been successful in which context and why.

[Errors] Japanese participants 30 (20 listed and 10 private)
[Corrections] Japanese participants 31 (20 listed and 11 private)

GRESB Result – Press Release (Japanese translation + Original)
GRESB Result – Press Release (Japan Additional Information) [Updated]

The number of participants form Japanese market has increased to 30 (20 listed and 10 private). Among them, 17 J-REITs participated this year with four of them including residential sector joined for the first time. It now covers a half of the J-REIT market based on the market value. The number of participants from Japanese real estate developers has also been gradually increasing.
GRESB Result – Press Release (Japanese translation + Original)
GRESB Result – Press Release (Japan Additional Information)

See GRESB website for more information.

Other speaker included Ms Y.K. Park and Mr Hideharu Ichii of APG, a Dutch pension fund and a founding member of GRESB, and Mr Naoki Suzuki of Mitsubishi Corp. – UBS Realty Inc.. They talked on sustainability integration in real estate and their actions and progress.
https://www.ares.or.jp/seminar/user/summary/89 (in Japanese)
Materials for ARES Seminar on GRESB (in Japanese)

RE-SEED Association (Real Estate Sustainability & Energy-Efficiency Diffusion), which drives building energy efficiency through PPP, aiming to contribute to their mission of conducting research and outreach activities to promote sustainability in the real estate sector.

Please see the information at https://www.ares.or.jp/seminar/user/summary/89 (only in Japanese).

http://asia.nikkei.com/Markets/Realty-Reality/Japanese-REITs-going-green

http://www.ares.or.jp/publication/pdf/ares_j16.pdf (p.54-66. Only in Japanese)

RE-SEED Association (Real Estate Sustainability & Energy-Efficiency Diffusion), which promotes sustainable property market via a public-private joint fund supported by Japanese government.

Handout (Only in Japanese)