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Sustainability Initiatives

GLP J-REIT together with its asset management company, GLP Japan Advisors Inc., bears the social responsibilities of paying its utmost attention to environmental protection and of contributing to the health and safety of its employees, customers and local communities.

As a key confirmation of our overarching commitment to integrating such social responsibilities for the sustainability of the society into the heart of our business practices, we have established and issued various policies including our Environmental, Social and Governance (ESG) policies, and have taken various individual initiatives on a company as well as investment property basis.

This stance toward sustainability is also underpinned by the stated mission of our sponsor group, GLP, which is to “create best-in-class logistics facilities by maximizing value for all stakeholders including our investors, customers and communities in which we live and operate.”

Sustainability Policy

Environmental, Social & Governance Policy

GLP J-REIT together with its asset management company, GLP Japan Advisors Inc., shares the sustainability objectives, and continues to embed sustainability into our business.
For details, please see the website of the asset management company.
The asset management company has established a task force comprised of the representative director and president, head of Investments & Research Department, head of Asset Management Department, and head of Corporate Planning Department and is actively engaged in promoting sustainability.

GLP Japan Advisors Inc.

Environmental assessment / Certifications

GRESB Real Estate Assessment

The “GRESB (Global Real Estate Sustainability Benchmark)” Real Estate Assessment is an annual benchmark survey for evaluating environmental, social and governance (ESG) considerations in the real estate sector, established in 2009, primarily by major European pension fund groups.

GRESBGLP J-REIT has been awarded a "Green Star" rating in the 2017 Global Real Estate Sustainability Benchmark Real Estate Assessment in three consecutive years and a "4 Star" rating in GRESB rating in two consecutive years, respectively.

GLP J-REIT received a "Green Star" rating by an absolute evaluation for its efforts for improving sustainability performance both "Management & Policy" and "Implementation & Measurement". The "Green Star" rating, which GLP J-REIT received, is the highest in the four available categories.

Also, "GRESB Rating" (the highest is "5 Stars") was introduced as a five-grade relative evaluation of the overall GRESB Score among the global participants to evaluate practical level on ESG of each participant more clearly.

GLP J-REIT will continue to implement its initiatives for the environmental, social, governance issues as it moves ahead with its business.

DBJ Green Building Certification

DBJ Green Building Certification System is a system to certify excellent buildings that meet the various stakeholders’ social requirements, such as environmental design, security or disaster prevention based on the scoring model originally developed by DBJ. This system aims to promote the expansion of “Green Buildings” that are friendly to the environment.

Properties with the best class environmental & social awareness Properties with exceptionally high environmental & social awareness Properties with excellent environmental & social awareness Properties with high environmental & social awareness Properties with satisfactory environmental & social awareness
score 5 score 4 score 3 score 2 score 1

For detailed information on the system of the certification, please visit the following website

Properties that obtained DBJ Green Building Certification

2015 score 5 GLP Tokyo II
GLP Tokyo II
GLP Tokyo
GLP Tokyo
GLP Amagasaki
GLP Amagasaki
GLP Misato II
GLP Misato II
   
2015 score 4 GLP Sugito II
GLP Sugito II
GLP Maishima II
GLP Maishima II
GLP Sendai
GLP Sendai
GLP Komaki
GLP Komaki
GLP Koriyama III
GLP Koriyama III
 

BELS Assessment (Energy ratings)

“BELS (Building Energy-efficiency Labeling System)”assessment is provided under a public evaluation system, which evaluates the energy conservation performance of non-residential buildings, established on April 2014 by the Ministry of Land, Infrastructure, Transport and Tourism. Third parties evaluate the performance of buildings based on the primary energy consumption defined in energy saving act (note), regardless of whether a building is new or not, and the evaluation result is represented by a number of stars (from one “★” to five stars “★★★★★”).
BELS assessment, which is the first public evaluation system specific to energy conservation performance in Japan, is expected to promote further improvements by providing appropriate information and promoting the energy conservation performance of buildings.

(Note) Act on the Rational Use of Energy

Properties that obtained BELS Assessment

Evaluation Result:★★★★★

BELS GLP Kobe-Nishi
GLP Kobe-Nishi
GLP 厚木Ⅱ
GLP Atsugi II
GLP 吉見
GLP Yoshimi

Evaluation Result:★★★★

BELS GLP Iwatsuki
GLP Iwatsuki
GLP Koriyama I
GLP Koriyama I
GLP Misato II
GLP Misato II
GLP Sugito
GLP Sugito
GLP Tosu I
GLP Tosu I

CASBEE

“CASBEE (Comprehensive Assessment System for Built Environmental Efficiency)” is an evaluation system that ranks buildings and structures in terms of their environmental performance. In addition to each building's ability to reduce its environmental impact across a variety of areas including energy and resource conservation as well as recycling, this system comprehensively evaluates the environmental performance of each building and structure including its aesthetic appeal.

Properties that obtained CASBEE
CASBEE GLP 厚木 GLP 厚木
GLP Atsugi II
(Note)
CASBEE GLP 吉見

(CASBEE Saitama / Rank A)

GLP 吉見
GLP Yoshimi
(Note) CASBEE Saitama is not assessment or certification program undertaken by the municipality. That CASBEE is self-assessment initiative that is voluntarily undertaken by property owners and business operators based on criteria established by the municipality.

Examples of Initiatives

Environmentally-friendly buildings

GLP J-REIT owns facilities with various environmental performances and has been eagerly introducing environmentally-friendly equipment such as LED lights.

太陽光パネル
Solar panel
LED照明
LED light

Promoting the reduction of environmental impact

In the facilities that GLP J-REIT operates, we set target figures and monitor the energy use within the facility. Furthermore, not only do we make efforts in energy-saving and waste reduction in common areas, we also strive to reduce environmental impact together with tenant companies such as by issuing a guidebook for energy-saving according to the energy use of each company.

Energy-saving guidebook
Energy-saving guidebook
Trash separation
Trash separation

Securing safety

GLP J-REIT strives to provide buildings and services that give consideration to the safety of tenant companies and facility users. By protecting the safety of stored cargo as well as the employees of tenant companies, we also contribute to the BCP of tenants.

Seismic isolation structure
Seismic isolation structure
24-hour security
24-hour security

Offering comfort to tenant companies

GLP J-REIT aims to provide buildings and services that can be used comfortably by tenant companies and facility users. We are continuously making efforts to improve our buildings and services based on the feedback we gain through customer satisfaction surveys that we ask tenant companies to complete each year.

Cafeteria
Cafeteria
Universal design washroom
Universal design washroom

Consideration to the surrounding environment and communities

Giving consideration to the environment that surrounds the facilities that it operates and with the aim of contributing to creating safe and comfortable communities, GLP J-REIT takes the surrounding environment into consideration through installed greenery, etc. as well as volunteering and hosting events.

Installed greenery
Installed greenery
Photocatalyst pavement
Photocatalyst pavement (Note)
(Note) Photocatalyst pavement oxidizes and purifies air polluting substances, utilizing the reaction of the photocatalyst (titanium dioxide) substance to solar light.

Consideration to sustainability upon investment decision

GLP J-REIT makes it a rule in its due diligence process of investment properties to check items concerning sustainability and environmental protection. We take the utmost care of sustainability and environmental protection in our asset management operations.

Consideration of sustainability in the selection of vendors

GLP J-REIT makes it a rule upon selecting its vendors to check each vendor’s policies and target settings on sustainability. This scheme contributes to sustainability improvement and environmental protection in GLP J-REIT’s overall business.

Surveys to assess the level of employee satisfaction

Each year, the asset management company undertakes a wide range of activities aimed at providing a rewarding workplace environment. As a part of these endeavors, the Company conducts surveys to assess the level of employee satisfaction.

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