International Initiatives and External Certifications

International Initiatives

Support for Task Force on Climate-Related Financial Disclosures (TCFD) Recommendations

In September 2021, the Asset Management Company endorsed the recommendations of the TCFD, and joined the TCFD Consortium, which is a group of domestic companies that support TCFD recommendations.
The Asset Management Company will declare its support for the recommendations of the TCFD, and promote initiatives based on these recommendations.

External Certifications

GRESB Real Estate Assessment

GRESB is an annual benchmarking assessment to measure ESG (Environmental, Social and Governance) integration of real estate companies and funds, as well as the name of organization which runs the assessment. It was founded in 2009 by a group of major European pension funds who played leading roles in launching Principles for Responsible Investment (PRI). The GRESB Real Estate Assessment is distinguished by its comprehensive evaluation of sustainability efforts of real estate companies and REITs, etc., and not of individual properties.
NAF has received a "Green Star" rating since it is highly evaluated in both areas "Management Component" and "Performance Component" with regards to activities for environmental consideration and sustainability.
Moreover, NAF has received "Two Stars" in "GRESB Rating" by relative evaluation of total scores.

SMBC Environmental Assessment Loan

NAF has received an “A” rating for the SMBC Environmental Assessment Loan from Sumitomo Mitsui Banking Corporation, as asset management is carried out with proper consideration for the environment and it was deemed in an assessment of environmental initiatives that NAF is at a high level in terms of “understanding environmental impact,” “environmental business,” and the “status of efforts for environmental conservation measures.”

DBJ Green Building Certification

DBJ Green Building Certification Program was launched by the Development Bank of Japan Inc. ("DBJ") in April 2011 for the purpose of supporting the properties which give proper care to environment and society (Green Building). The program evaluates and certifies properties which are required by society and economy. It makes comprehensive assessment of properties, while evaluating various factors which range from properties' environmental features to their communication with stakeholders, such as disaster prevention and proper care for surrounding communities.

For information on the Certification System for CASBEE for Real Estate, please refer to the following website.
Please click here for details of the DBJ Green Building Certification

Certification rank

Properties with DBJ Green Building certification (As of February 29, 2024)

This table can be scrolled sideways.

CASBEE Certification

CASBEE is an evaluation system for rating the environmental performance of buildings, developed under the auspices of the Ministry of Land, Infrastructure, Transport and Tourism. The system rates the overall quality of buildings based on consideration for the environment, such as the use of energy-saving materials or equipment or those with a low environmental impact, as well as consideration for the comfort inside the buildings, landscaping and other factors.
Certification for CASBEE for Real Estate is rated in four scales: rank S, rank A, rank B+ and rank B.

Certification rank

This table can be scrolled sideways.