Materiality

Materiality and KPI

KPI
and
numerical
target

・CO2 emission intensity
・Water consumption intensity
・Waste recycling rate
・Green building certification coverage
・Procurement of green finance
46% reduction by 2030 compared to 2013
5% reduction by 2030 compared to 2019
65%
100%
10 billion / year or more

(Environment)
Addressing climate-related issues
(reduction of environmental impact)
Relevant SDGs
Overview In response to changes in the environment caused by global warming and other factors, we will promote initiatives to reduce environmental impact, fulfill our social responsibilities, and strive to improve the value of our companies and assets under management.
Objectives Reduction of CO2 emission intensity
Reduction of water consumption intensity
Waste: recycling rate
Reference Basic Approach to Environmental Consideration /
Environmental Performance
Utilizing green building certification Relevant SDGs
Overview Aiming to reduce environmental impact while improving the workplace environment, we will enhance the objectivity of environmental performance through green building certification, and strive to understand environmental performance at the time of asset acquisition and to improve our operating assets over the medium to long term.
Objectives Improvement of green building certification coverage
Reference Utilization of Green Building Certification
Green Finance procurement Relevant SDGs
Overview We will procure funds for the acquisition of properties with high environmental performance that meet the eligibility criteria of the Green Finance Framework through green finance (green bonds, green loans, etc.).
Objectives Procurement of green finance for the acquisition of qualified assets
Reference Green Finance

(Society)
Improving tenant satisfaction Relevant SDGs
Overview and Objectives We aim to operate office buildings with a high level of tenant satisfaction through customer satisfaction surveys and office environment monitoring.
Reference Social Initiatives
Ensuring the health and well-being of employees and
human resource development
Relevant SDGs
Overview and Objectives We will create a comfortable work environment, achieve a work-life balance, and secure and develop human resources who will enhance organizational productivity.
Reference Initiatives for NBFM Employees
Contributing to the community Relevant SDGs
Overview and Objectives We will contribute to community development, and safety and security of local communities, implement programs aimed at community revitalization, and promote greening with an awareness of biodiversity.
Reference Social Initiatives

(Governance)
Strengthening corporate governance Relevant SDGs
Overview and Objectives We will continuously improve and enhance corporate governance by establishing governance structures such as the Compliance Committee and the Risk Management Meeting.
Reference Management Structure
Strict Compliance practice Relevant SDGs
Overview and Objectives We aim to be a company that continues to be trusted by society, not only by complying with laws and regulations, but also by responding to social needs and expectations.
Reference Internal Control

Materiality identification process

Step1: Extracton of societal challenges

Select highly relevant societal challenges by referring to ESG assessment criteria and ESG disclosure frameworks (e.g. SASB, GRI), and the situation of peer companies in order to measure the importance to stakeholders.

Step2: Evaluation of importance levels

Prioritize the important issues by discussing the relevance between elements of selected societal challenges and opportunities and risks for NBF's continuous growth, while taking into account NBF's business plan as well as ESG disclosure contents.

Step3: Third-party review

Conduct a review by a consulting company

Step4: Discussion and identification at the ESG Promotion Committee

Discuss prioritized issues and identify important sustainability issues (materiality) at the ESG Promotion Committee

Step5: Set KPIs

Set KPIs and numerical targets to address the material issues

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