Japan Retail Fund Investment Corporation (JRF) is now the first J-REIT to have participated in the climate change program run by CDP (Carbon Disclosure Project), an international organization which assesses activities for disclosure of information related to climate change.

CDP is an international non-profit organization researching measures taken against global warming by listed companies with the support of institutional investors around the world managing total investments of over $100 trillion. CDP has gradually come under the spotlight in recent years as private sector effort working to ensure the effectiveness of the Paris Agreement, which went into effect on November 4, 2016.
Since 2003, CDP has been sending out questionnaires every year to major companies around the world seeking the disclosure of information with relation to areas such as business risks and opportunities coming about due to greenhouse gas emissions and climate change. CDP then assesses corporate actions being taken against the issue of climate change based on their responses. In terms of assessments, there are nine grades spanning from A to F. In 2016, the number of companies that CDP sent the questionnaires globally was approximately 6,000, with Japan seeing a figure of 500.

JRF and the Asset Manager endeavor to create retail facilities that attract customers and people in the local community by taking initiatives to secure sustainability in environment and society as a whole, and by proactively supporting such efforts of tenants. JRF is highly recognized from external organizations for such environmental initiatives.

JRF will continue to conduct operations giving consideration to environment and social responsibility.


Reference:
JMF's Sustainability