• Climate Change
• Water Resources and Waste Reduction, etc
• Environmental Performance

Preserving Water Resources

Our Stance on and Basic Policy for Preserving Water Resources
Currently, 70% of the Earth's surface is covered by water. However, fresh water, which is essential to human activities, including business activities, constitutes only 2.5% of the Earth's overall water volume. Furthermore, with a portion of the fresh water existing in the form of ice, the ratio of fresh water actually available to human society amounts to less than 1% of overall water volume. Therefore, NMF recognizes that efforts to preserve water resources and maintain the sustainable use of such resources is an integral part of its business operations and sustainability initiatives. In line with this recognition, NMF is continuously striving to ensure the appropriate and efficient use of water while reducing the overall water consumption of its properties.

Key Performance Indicator (KPI)
Achieve 10% reduction in water use per floor area (intensity) in our portfolio by 2030 compared with the 2016 level.

For actual results to KPI, please referhere.

Renewal of Toilet Equipment
We renew toilet equipment in conjunction with tenant turnover. This practice is expected to help reduce water consumption.

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Installation of Smart Sprinkler Systems
We have installed smart sprinkler systems at some of properties leased under the Landport brand. These systems utilize rainwater stored in tanks and are expected to reduce the properties' water consumption.

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Proactive Use of Rainwater and Well Water
Other initiatives aimed at reducing water consumption include the use of rainwater and well water for flushing toilets and watering plants.
Rainwater：Some logistics facilities and office properties utilize rainwater to flush toilets and water plants.
Well water：Some commercial facilities are equipped with well-water filtering systems that provide clean water for flushing toilets.

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Promoting Waste Reduction

NMF strives to reduce waste through continuous monitoring of waste discharge and education for the tenants on waste reduction, reduction of waste generation and recycle rate improvement.

Installation of Food-Waste Disposers
We have installed food-waste disposers at some properties in collaboration with tenants, thereby striving to reduce the volume of waste generated.

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Prevention of Pollution and brownfield development

Due Diligence Prior to Property Acquisition

Prior to making a decision about property acquisition, we address such factors as environmental risk associated with the land subject to possible acquisition. In principle, we green-light investment only when the property in question fulfills both of the following criteria.
・The building engineering report alleges no issues arising from the use or storage of hazardous substances to exist
・There is no potential for soil pollution

Regarding the following properties owned by NMF, there was soil pollution before the land was acquired by Nomura Real Estate, but they were acquired after soil pollution had been fully cleaned up. As stated above, when acquiring properties, NMF makes investment decisions after considering the investment criteria related to environmental risks and other factors.
・Landport Kashiwa Shonan I
・Landport Ome I, etc.

Urban Redevelopment

With the aim of reducing its environmental burden, Nomura Real Estate Development Co., Ltd., which serves as NMFs sponsor, is striving to acquire environmental certification for its properties. Currently, properties developed for leasing under four profitable brands (PMO, GEMS, Landport and PROUD FLAT) in the four key development sectors are being certified one by one under the DBJ Green Building, the Building-Housing Energy-efficiency Labeling System, CASBEE for Real Estate and other certification programs and NMF is actively acquiring these properties. NMF also acts in collaboration with its sponsor to re-develop its aged assets. Specifically, NMF sells these assets to the sponsor, which, in turn, takes advantage of its abundant development capabilities to renovate them, thereby reducing the environmental burden attributable to its portfolio.

＜Acquisitions of the Properties Developed by the Sponsor＞

※	Please refer to　Environmental Certification for our acquisition status of environmental certifications to our properties.
※	Please refer to　 our Sponsor's website with respect to the effort to acquire environmental certifications by the Sponsor.