Signing of PRI

The Principles for Responsible Investment ("PRI") comprises an international network of investor signatories that works to realize the Six Principles established for the finance industry in 2006 under the leadership of the then United Nations Secretary-General, Kofi Annan. This network is promoted through the United Nations Environment Programme ("UNEP") and the United Nations Global Compact ("UNGC").

PRI encourages the incorporation of Environment, Social and Governance issues into investment decision-making processes, with the aim to help companies enhance long-term investment performance and better fulfill their fiduciary duty.

MJIA agreed with the basic approach of PRI and became a signatory in March 2020.

＜The Six Principles＞
Principle 1: We will incorporate ESG issues into investment analysis and decision-making processes.
Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices.
Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest.
Principle 4: We will promote acceptance and implementation of the Principles within the investment industry.
Principle 5: We will work together to enhance our effectiveness in implementing the Principles.
Principle 6: We will each report on our activities and progress towards implementing the Principles.

Please check the link below for details.
https://www.unpri.org/

Support for TCFD

The Task Force on Climate-related Financial Disclosures (TCFD) is an organization established by the Financial Stability Board (FSB) for the purpose of discussing the disclosures of climate-related financial information and the responses by financial institutions. The task force issued its final report in June 2017, setting out recommendations for companies and others to identify and disclose climate change-related risks and opportunities.

MJIA declared its support for the TCFD recommendations in December 2021, joining the TCFD Consortium, an organization composed of corporations in Japan that have expressed support for the TCFD recommendations.

This endeavor has helped MJIA reaffirm how climate change-related risks and opportunities impact business. MJIA will further strengthen its commitment to addressing these elements as well as disclosing information.

Joining JCI

The Japan Climate Initiative (JCI) is a network committed to strengthening communication and exchange of strategies and solutions between Japanese companies, local governments, and NGOs that are actively working to address climate change.

The JCI pledges to voluntarily accelerate energy efficiency and use of renewable energy toward the realization of the decarbonized society envisioned by the Paris Agreement, and to strengthen efforts to contribute to the realization of net-zero carbon emissions by 2050.

MJIA joined the JCI in September 2022 in support of this proactive approach to the realization of a decarbonized society.

Signing Principles for Financial Action for the 21st Century

The Principles for Financial Action for the 21st Century were established as a set of action guidelines for financial institutions that wish to fulfill the responsibilities and roles required of them to build a sustainable society. Signatory financial institutions are expected to implement the seven principles to the maximum extent possible as they apply to their specific business activities.
MJIA agrees with the basic approach of these principles and signed on to these principles in November 2023.

Visit the website below for details.
https://pfa21.jp/

Participation in UNGC

UNGC is a voluntary, global initiative supporting a global framework for sustainable growth through the demonstration of creative, responsible leadership by the respective corporations and organizations as principled members of society.

First proposed in 1999 by the then United Nations Secretary-General Kofi Annan, participants currently number more than 13,000 organizations and companies based in 160 countries (as of July 2018). It engages in activities based on ten universally-accepted principles in the four areas of human rights, labor, environment, and anti-corruption.

Mitsubishi Estate Co., Ltd. became a signatory of the UNGC and the Mitsubishi Estate Group was registered as participants in April 2018. Along with this, MJIA has participated in this initiative as a member of the Mitsubishi Estate Group.