Sustainability Policy and Promotion Structure

Sustainability Policy

1. Promotion of Energy Conservation and Reduction of Greenhouse Gas
   INV and CIM make efforts to reduce energy consumption and greenhouse gas emission by introducing energy-efficient equipment and promoting energy-saving measures in operations. INV and CIM also contribute to building a carbon-free society and mitigating climate change by considering opportunities to utilize renewable energy.
2. Adaptation to Climate Change
   INV and CIM have strengthened the disaster and environmental resilience of investment properties to respond to the direct physical risks caused by disasters due to climate change and the transition risks associated with tightening regulations and social changes. INV and CIM curb these risks and aim to create business opportunities that adapt to climate change.
3. Water Consumption Efficiency
   INV and CIM strive to reduce water consumption by introducing water-efficient equipment and promoting water-saving measures in operations. INV and CIM also consider expanding the reuse of water in their facilities.
4. Effective Utilization of Resources and Reduction of Waste
   INV and CIM work on reducing waste in our operations and encourage stakeholders to cooperate and sort waste, with the aim of contributing to the realization of a resource-saving and recycling-oriented society.
5. Improvement of Health, Safety and Comfort
   INV and CIM strive to ensure the health and safety of tenants and visitors by thoroughly cleaning and sanitizing our properties and conducting appropriate air conditioning. In addition, by improving the comfort provided by INV's properties, INV and CIM aim to improve tenant satisfaction, retain and attract prime tenants, and increase real estate value.
6. Collaboration with Tenants, Supply Chains and Local Communities
   INV and CIM recognize tenants, supply chains such as PM/BM and local communities as major stakeholders and strive to realize sustainability in real estate management by building good relationships with such stakeholders and acting proactively to collaborate with them.
7. Initiatives for Employees
   INV and CIM strive to employ and evaluate employees in a fair manner, respecting human rights and diversity. In addition, INV and CIM provide a workplace environment that gives consideration to the health, safety, and comfort of employees, and in order to improve them, INV and CIM develop a work system that gives consideration to welfare and work-life balance. Furthermore, in addition to providing opportunities for skill development, such as specialized training and support for obtaining qualifications, INV and CIM make efforts to raise employee awareness of sustainability and conduct education and awareness-raising activities.
8. Compliance
   INV and CIM not only comply with laws and regulations, but also strive to prevent corruption and conflicts of interest, properly manage information, and prohibit improper conduct. INV and CIM establish an appropriate organizational structure to properly manage and prevent these risks.
9. Ensuring of Transparency
   INV and CIM fulfill our accountability for stakeholders by actively disclosing ESG related information. INV and CIM also consider the use of external evaluations and third-party certification to visualize the results of our environmental and social initiatives.

Promotion Structure of Sustainability

CIM has established the "Sustainability Committee" to implement the "Sustainability Policy". The Sustainability Committee consists of (i) the President and CEO, who is the final decision-maker, (ii) the General Manager of the Asset Management Department and the General Manager of the Planning Department, who are responsible for executing sustainability initiatives, and (iii) officers and employees involved in promoting sustainability. The Committee meeting is held at least four times a year. The committee deliberates and decides on specific sustainability goals and measures, and such decisions and the status of progress will be reported to INV's Board of Directors. The same information will be shared with all officers and employees of CIM as well.

CIM will conduct sustainability-focused training for all officers and employees, including temporary staff, at least once a year. The purpose of this training is to help officers and employees acquire knowledge and raise awareness of sustainability considerations in line with business practices, such as trends of market and regulations related to ESG investment and environmental real estate.

Sustainable Procurement Policy

In order to promote initiatives for ESG throughout the value chain of INV's real estate portfolio, CIM has established guidelines in the real estate investment management business, pertaining to the content of construction ordered the criteria for selecting goods to be procured in connection with construction, and the criteria for selecting and evaluating business partners (suppliers). In selecting business partners, initiatives on sustainability including environmental friendliness, respect for human rights and diversity, and prohibition of discrimination, all types of harassment, forced labor, child labor, etc. are positioned as some of the criteria, along with standards such as price, quality, creditworthiness, and services.