Heiwa Real Estate Joins All ESG Indices of GPIF for 2023

Heiwa Real Estate Joins All ESG Indices of GPIF in 2023

Heiwa Real Estate Co., Ltd., headquartered in Chuo, Tokyo, is making waves in the sustainability sector by being adopted into all ESG indices monitored by the Government Pension Investment Fund (GPIF). For the second consecutive year, the company has made its mark by being included in six significant ESG indices.

The Importance of ESG Indices

ESG indices are vital benchmarks for measuring the performance of firms in relation to environmental, social, and governance criteria. By being part of these indices, Heiwa demonstrates its commitment to sustainable practices and responsible investment.

ESG Indices Adopted by Heiwa Real Estate

1. FTSE Blossom Japan Index: Developed by FTSE Russell, this index measures the performance of Japanese companies excelling in ESG practices while maintaining industry neutrality.

2. FTSE Blossom Japan Sector Relative Index: Similar to the FTSE Blossom Japan Index, this one reflects the performance of Japan’s leading ESG-focused companies while being designed to remain sector-neutral. It specifically includes companies recognized for their commitment to reducing greenhouse gas emissions, evaluated through their Transition Pathway Initiative (TPI) management quality score.

3. MSCI Japan ESG Select Leaders Index: Constructed to select top ESG-rated companies from the MSCI Japan IMI index, this index targets a 50% representation of firms from each GICS sector.

4. MSCI Japan Women's Empowerment Index (WIN): This index emphasizes gender diversity within the top 700 market capitalization firms in Japan, aiming to reward organizations that showcase exemplary gender diversity.

5. S&P/JPX Carbon Efficient Index: This index utilizes TOPIX as its universe to measure firms' carbon efficiency based on revealed environmental information, focusing significantly on carbon emissions relative to revenue.

6. Morningstar Japan Gender Diversity Tilt Index (Excl. REIT): This index prioritizes companies that have established gender diversity policies and promote equal opportunities for all employees, irrespective of gender.

Continuing Commitment to Sustainability

Heiwa Real Estate is committed to promoting sustainability and transparency, integrating non-financial information into its disclosures. The company aims to develop meaningful relationships with customers, stakeholders, and employees while conserving its historical assets.

Corporate Overview

Founded in 1947 in the heart of Japan’s economic center, Kabuto-cho, Heiwa Real Estate has been a pivotal force in energizing Japan's securities districts through ownership of prominent stock exchange buildings. The firm is determined to connect its long-standing trust and history with innovative value for future generations, ensuring a legacy of abundance and integrity.

Company Information:

- Name: Heiwa Real Estate Co., Ltd.
- Established: July 1947
- CEO: Kiyoshi Tsumoto
- Headquarters: 1-10, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo
- Website: Heiwa Real Estate Website

In the face of ever-increasing awareness and expectations for corporate responsibility, Heiwa Real Estate's efforts mark an important step not only for the company but for the broader industry, showcasing that sustainable investment strategies can lead to significant, positive change in society.