Standards (GRI Standards)｜ESG｜NOMURA REAL ESTATE MASTER FUND, INC.

Universal Standards

This table can be scrolled sideways.

TOPIC		Disclosure		Location
102　General Disclosures
1	Organizational profile	1	Name of the organization	Corporate Profile
		2	Activities, brands, products, and services	Strength of NMF
				Disclosure Materials （Fnancial Information）
				Portfolio Summary
		3	Location of headquarters	Corporate Profile（Profile and history）
		4	Location of operations	Corporate Profile（Profile and history）
		5	Ownership and legal form	Corporate Profile（Profile and history）
		6	Markets served	Articles of Incorporation
		6	Markets served	Portfolio Summary
		7	Scale of the organization	Corporate Profile（Director and Employee Information）
				Disclosure Materials （Fnancial Information）
				Asset Management Company ESG Management
		8	Information on employees and other workers	Corporate Profile （Director and Employee Information）
		8	Information on employees and other workers	Asset Management Company ESG Management
		9	Supply chain	Supplier Management
		9	Supply chain	Structure
		10	Significant changes to the organization and its supply chain	Not applicable
		11	Precautionary Principle or approach	Policies and Management Structure
				Governance （Compliance）
				Governance （Risk Management）
		12	External initiatives	International Initiatives and Certifications
		12	External initiatives	Signatory to Initiatives
		13	Membership of associations	International Initiatives and Certifications
		13	Membership of associations	Asset Management Company Corporate Profile
2	Strategy	14	Statement from senior decision-maker	Policies and Management Structure
		15	Key impacts, risks, and opportunities	Policies and Management Structure
				ESG Materiality Identified by NMF
				Climate Change
3	Ethics and integrityv	16	Values, principles, standards, and norms of behavior	Policies and Management Structure
				Asset Management Company Corporate Philosophy
				Nomura Real Estate Group NREG Code of Action
		17	Mechanisms for advice and concerns about ethics	Governance （Risk Management）
		17	Mechanisms for advice and concerns about ethics	Asset Management Company ESG Management
4	Governance	18	Governance structure	Governance
		18	Governance structure	Policies and Management Structure
		19	Delegating authority	Policies and Management Structure
		20	Executive-level responsibility for economic, environmental, and social topics	Policies and Management Structure
		21	Consulting stakeholders on economic, environmental, and social topics	Stakeholder Engagement
		21		Policies and Management Structure
		22	Composition of the highest governance body and its committees	Governance
		23	Composition of the highest governance body and its committees	Governance
		24	Nominating and selecting the highest governance body	Governance
		25	Conflicts of interest	Governance （Compliance）
				Capital and Major Unitholders
				Structure
		26	Conflicts of interest	Policies and Management Structure
		27	Collective knowledge of highest governance body	-
		28	Evaluating the highest governance body’s performance	-
		29	Identifying and managing economic, environmental, and social impacts	Policies and Management Structure
		29		ESG Materiality Identified by NMF
		30	Effectiveness of risk management processes	Policies and Management Structure
		30	Effectiveness of risk management processes	Governance (risk management)
		31	Review of economic, environmental,and social topics	Policies and Management Structure
		32	Highest governance body’s role in sustainability reporting	Policies and Management Structure
		33	Communicating critical concerns	Policies and Management Structure Governance

		34	Nature and total number of critical concerns	-
		35	Remuneration policies	Governance
		36	Process for determining remuneration	Governance
		37	Stakeholders’ involvement in remuneration	-
		38	Annual total compensation ratio	-
39	Percentage increase in annual total compensation ratio	-
5	Stakeholder engagement	40	List of stakeholder groups	Stakeholder Engagement
		41	Collective bargaining agreements	Not applicable as NMF does not have employees.
		41	Collective bargaining agreements	Asset Management Company ESG Management （Creating Fair Work Environments with Meaningful Work）
		42	Identifying and selecting stakeholders	Stakeholder Engagement
		43	Approach to stakeholder engagement	Stakeholder Engagement
		44	Key topics and concerns raised	ESG Materiality Identified by NMF
		44	Key topics and concerns raised	Stakeholder Engagement
6	Reporting practice	45	Entities included in the consolidated financial statements	ESG Disclosure Policy and Reporting Framework
		46	Defining report content and topic Boundaries	ESG Disclosure Policy and Reporting Framework
		47	List of material topics	ESG Materiality Identified by NMF
		48	Restatements of information	Not applicable
		49	Changes in reporting	Not applicable
		50	Reporting period	ESG Disclosure Policy and Reporting Framework
		51	Date of most recent report	ESG Disclosure Policy and Reporting Framework
		52	Reporting cycle	ESG Disclosure Policy and Reporting Framework
		53	Contact point for questions regarding the report	ESG Disclosure Policy and Reporting Framework
		54	Claims of reporting in accordance with the GRI Standards	ESG Disclosure Policy and Reporting Framework
		55	GRI content index	GRI Standards
		56	External assurance	-
103　Management Approach
1	General requirements for reporting the management approach	1	Explanation of the material topic and its Boundary	ESG Materiality Identified by NMF
		2	The management approach and its components	ESG Materiality Identified by NMF
				International Initiatives and Certifications
				Environmental Measures
				Social Responsibility
				Asset Management Company ESG Management
				Governance
				Securing an Investment Management Structure That Prioritizes Unitholders’ Interest
				Stakeholder Engagement
		3	Evaluation of the management approach	Policies and Management Structure
		3	Evaluation of the management approach	Governance

Topic-specific Standards

This table can be scrolled sideways.

TOPIC		Disclosure		Location
200　Economic
201	Economic Performance	1	Direct economic value generated and distributed	-
		2	Financial implications and other risks and opportunities due to climate change	Environmental Measures
		2		Green Portfolio
		3	Defined benefit plan obligations and other retirement plans	-
		4	Financial assistance received from government	-
202	Market Presence	1	Ratios of standard entry level wage by gender compared to local minimum wage	-
202	Market Presence	2	Proportion of senior management hired from the local community	-
203	Indirect Economic Impacts	1	Infrastructure investments and services supported	-
203	Indirect Economic Impacts	2	Significant indirect economic impacts	-
204	Procurement Practices	1	Proportion of spending on local suppliers	-
205	Anti-corruption	1	Operations assessed for risks related to corruption	-
		2	Communication and training about anti-corruption policies and procedures	Governance （Compliance）
		3	Confirmed incidents of corruption and actions taken	-
206	Anti-competitive Behavior	1	Legal actions for anti-competitive behavior, anti-trust, and monopoly practices	-
300　Environmental
301	Materials	1	Materials used by weight or volume	Environmental Measures （Environmental Performance）
		2	Recycled input materials used	-
		3	Reclaimed products and their packaging materials	-
302	Energy	1	Energy consumption within the organization	Environmental Measures （Environmental Performance）
		2	Energy consumption outside of the organization	-
		3	Energy intensity	Environmental Measures （Environmental Performance）
		4	Reduction of energy consumption	Environmental Measures （Environmental Performance）
		5	Reductions in energy requirements of products and services	-
303	Water and Effluents	1	Water withdrawal by source	Environmental Measures （Environmental Performance）
		2	Water sources significantly affected by withdrawal of water	-
		3	Water recycled and reused	-
304	Biodiversity	1	Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas	-
		2	Significant impacts of activities, products, and services on biodiversity	-
		3	Habitats protected or restored	-
		4	IUCN Red List species and national conservation list species with habitats in areas affected by operations	-
305	Emissions	1	Direct (Scope 1) GHG emissions	Environmental Measures （Environmental Performance）
		2	Indirect (Scope 2) GHG emissions	Environmental Measures （Environmental Performance）
		3	Other indirect (Scope 3) GHG emissions	Environmental Measures （Environmental Performance）
		4	GHG emissions intensity	Environmental Measures （Environmental Performance）
		5	Reduction of GHG emissions	Environmental Measures （Environmental Performance）
		6	Emissions of ozone-depleting substances (ODS)	-
		7	Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions	-
306	Effluents and Waste	1	Water discharge by quality and destination	-
		2	Waste by type and disposal method	Environmental Measures （Environmental Performance）
		3	Significant spills	-
		4	Transport of hazardous waste	-
		5	Water bodies affected by water discharges and/or runoff	-
307	Environmental Compliance	1	Non-compliance with environmental laws and regulations	-
308	Environmental Assessment	1	New suppliers that were screened using environmental criteria	-
308	Environmental Assessment	2	Negative environmental impacts in the supply chain and actions taken	Supplier Management
400　Social
401	Employment	1	New employee hires and employee turnover	ESG Management （Human Capital）
		2	Benefits provided to full-time employees that are not provided to temporary or part-time employees	ESG Management （Creating Fair Work Environments with Meaningful Work）
		3	Parental leave	ESG Management （Promotion of Diversity）
402	Labor/Management Relations	1	Minimum notice periods regarding operational changes	-
403	Occupational Health and Safety	1	Workers representation in formal joint management-worker health and safety committees	-
		2	Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities	ESG Management （Health and Safety of Employees）
		3	Workers with high incidence or high risk of diseases related to their occupation	-
		4	Health and safety topics covered in formal agreements with trade unions	-
404	Training and Education	1	Average hours of training per year per employee	ESG Management （High Degree of Specialization）
		2	Programs for upgrading employee skills and transition assistance programs	ESG Management （High Degree of Specialization）
		3	Percentage of employees receiving regular performance and career development reviews	ESG Management （High Degree of Specialization）
405	Diversity and Equal Opportunity	1	Diversity of governance bodies and employees	Governance
		1	Diversity of governance bodies and employees	ESG Management （Promotion of Diversity）
		2	Ratio of basic salary and remuneration of women to men	-
406	Non-discrimination	1	Incidents of discrimination and corrective actions taken	-
407	Freedom of Association and Collective Bargaining	1	Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk	-
408	Child Labor	1	Operations and suppliers at significant risk for incidents of child labor	-
409	Forced or Compulsory Labor	1	Operations and suppliers at significant risk for incidents of forced or compulsory labor	-
410	Security Practices	1	Security personnel trained in human rights policies or procedures	-
411	Rights of Indigenous Peoples	1	Incidents of violations involving rights of indigenous peoples	-
412	Incidents of violations involving rights of indigenous peoples	1	Operations that have been subject to human rights reviews or impact assessments	-
		2	Employee training on human rights policies or procedures	ESG Management （High Degree of Specialization）
		3	Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening	-
413	Local Communities	1	Operations with local community engagement, impact assessments, and development programs	Social Responsibility
413	Local Communities	2	Operations with significant actual and potential negative impacts on local communities	-
414	Supplier Social Assessment	1	New suppliers that were screened using social criteria	-
414	Supplier Social Assessment	2	Negative social impacts in the supply chain and actions taken	Supplier Management
415	Public Policy	1	Political contributions	-
416	Customer Health and Safety	1	Assessment of the health and safety impacts of product and service categories	-
416	Customer Health and Safety	2	Incidents of non-compliance concerning the health and safety impacts of products and services	-
417	Marketing and Labeling	1	Requirements for product and service information and labeling	-
		2	Incidents of non-compliance concerning product and service information and labeling	-
		3	Incidents of non-compliance concerning marketing communications	-
418	Customer Privacy	1	Substantiated complaints concerning breaches of customer privacy and losses of customer data	-
419	Socioeconomic Compliance	1	Non-compliance with laws and regulations in the social and economic area	-