ESG InitiativesInitiative/External Certification

PFA21

PFA21
  • "Principles for Financial Action for the 21st Century" are action guidelines for financial institutions towards shaping a sustainable society.
  • With the Ministry of the Environment as the secretariat, this set of Principles was drawn up in October 2011 involving a wide range of members including financial holding companies, banks, trust banks, cooperative financial institutions, securities companies, insurance companies, and asset management companies. Signatory institutions are required to implement activities based on the seven principles to the extent possible in light of their business context.
  • GAR, the asset management company to which GOR entrusts the management of its assets, became a signatory in March 2020, supporting the basic thinking behind the Principles for Financial Action for the 21st Century.
  • We became a signatory in March 2020, supporting the basic thinking behind the Principles for Financial Action for the 21st Century.

The Principles

[Principle 1] Basic stance

We will recognize our roles and responsibilities as financial institutions and take the initiative in practicing utmost efforts throughout each business with the aim of creating positive impacts on the environment, society and economy and alleviating negative impacts towards shaping a sustainable society.

[Principle 2] Contribution to a sustainable global society

We will lead the formation of a sustainable global society through the development and provision of financial products and services contributing to the creation and development of industries and businesses through innovation towards the steady and fair transition of society.

[Principle 3] Contribution to the formation of a sustainable local community

We will support the resolution of issues in terms of environment, society and economy based on regional characteristics and take the lead in forming a sustainable local community through the improvement of inclusiveness and resilience of local communities.

[Principle 4] Personnel training

We will train personnel who can independently consider environmental and social issues and take actions by recognizing the importance of human capital at financial institutions.

[Principle 5] Cooperation with diverse stakeholders

In the formation of a sustainable society, we will recognize the importance of cooperation with diverse stakeholders including financial institutions and will not only participate in its activities but also take a proactive role.

[Principle 6] Establishment of sustainable supply chains

We will proactively tackle environmental issues such as climate change and biodiversity and social issues including human rights as well as intend to establish sustainable supply chains through constructive engagement with customers, etc. including investees and borrowers.

[Principle 7] Information disclosure

We will widely disclose information on initiatives to stakeholders as well as make constant improvements based on domestic and overseas trends and the disclosure framework while recognizing that activities for enhancing social sustainability are a management issue.

TOKYO Work-Style Reform Declaration

We submitted the “Work-Style Reform Declaration” to the Tokyo Metropolitan Government to implement company-wide efforts on work-style reform to improve the work-life balance of our employees through reduction of long working hours and promotion of use of annual paid leave. We were recognized as a "TOKYO Work-Style Reform Declaration Company" by the Tokyo Metropolitan Governor in December 2020.

We will continue to proactively strive for realization of work styles that allow for balance between work and life for our employees by establishing working environments in which they can fully demonstrate their motivation and potential and improve productivity, as well as seek more efficient operations through promotion of various work styles utilizing staggered working hours and telework.

TOKYO Work-Style Reform Declaration

Initiatives of The Fund

Global One Real Estate Investment Corp. https://www.go-reit.co.jp/
  • GRESB Real Estate Assessment
  • Environmental Certification