GRI Content Index
GRI Standard

GRI

Disclosure title

Standard
Number

NAF Disclosure

URL

General Disclosures
GRI 102：
General Disclosures

102-1

102-2

Name of the organization

Corporate Data

https://www.naf-r.jp/english/about/3-2.html

Basic Policy

https://www.naf-r.jp/english/plan/4-1.html

Portfolio Structure Policy

https://www.naf-r.jp/english/plan/4-2.html

Activities, brands, products, and services

102-3

Location of headquarters

Corporate Data

https://www.naf-r.jp/english/about/3-2.html

102-4

Location of operations

Corporate Data

https://www.naf-r.jp/english/about/3-2.html

102-5

Ownership and legal form

Real Estate Investment Trust Structure

https://www.naf-r.jp/english/about/3-3.html

Portfolio Map

https://www.naf-r.jp/english/portfolio/6-1.html

Corporate Data

https://www.naf-r.jp/english/about/3-2.html

Unitholders' Capital

https://www.naf-r.jp/english/finance/7-3.html

102-6

Markets served

Data on Human Resources

102-7

Scale of the organization

https://www.naf-r.jp/english/esg/social/humanresource.html

Real Estate Investment Trust Structure

https://www.naf-r.jp/english/about/3-3.html

Financial Statements

https://www.naf-r.jp/english/finance/7-1.html

Borrowings

https://www.naf-r.jp/english/finance/7-2.html

Portfolio Summary

https://www.naf-r.jp/english/portfolio/6-2.html

102-8

Information on employees and other workers

Data on Human Resources102-10Significant changes to the organization and its supply chain

There were no such changes within the reporting period.

https://www.naf-r.jp/english/esg/social/humanresource.html

https://www.naf102-11

Precautionary Principle or approach

Sustainability Policy

r.jp/english/esg/concept/sustainabilitymanagement.html
https://www.naf-102-12

External initiatives

International Initiatives and External Certifications

r.jp/english/esg/concept/initiativescertifications.html

102-13

Membership of associations

We belong to the Investment Trusts Association, Japan and the Association for Real Estate Securitization (ARES).

102-14

Statement from senior decision-maker

Massage from the President

102-15Key impacts, risks, and opportunities

Materiality

102-16

Values, principles, standards, and norms of behavior

Basic Policy
NAF’S CORPORATE GOVERNANCE

102-17

Mechanisms for advice and concerns about ethics
Management Policy
Management Structure102-18Governance structure

https://www.naf-m.jp/english/about/https://www.nafr.jp/english/esg/concept/materiality.html
https://www.naf-r.jp/english/plan/4-1.html
https://www.nafr.jp/english/esg/governance/governance.html
https://www.naf-m.jp/english/philosophy/
https://www.nafr.jp/english/esg/governance/operation-system.html
https://www.naf-

SUSTAINABILITY MANAGEMENT

r.jp/english/esg/concept/sustainabilitymanagement.html
https://www.naf-

102-19Delegating authority

SUSTAINABILITY MANAGEMENT

r.jp/english/esg/concept/sustainabilitymanagement.html

102-20Executive-level responsibility for economic, environmental, andsocial topics

https://www.nafIn-House Structure for Promotion of Sustainability

management.html
Management Team102-22Composition of the highest governance body and its committees
ARTICLES OF INCORPORATION.
Management Team102-23Chair of the highest governance body
ARTICLES OF INCORPORATION.

102-24

Nominating and selecting the highest governance body

ARTICLES OF INCORPORATION.
Management Structure102-25

Conflicts of interest
Unitholders' Capital

102-26

Role of highest governance body in setting purpose, values, andstrategyr.jp/english/esg/concept/sustainability-Materiality

https://www.naf-r.jp/english/about/3-4.html
https://www.naf-r.jp/file/en-ir_library_other_filedef09725f0e682a18f3343e408ad93ff0b824dea.pdf
https://www.naf-r.jp/english/about/3-4.html
https://www.naf-r.jp/file/en-ir_library_other_filedef09725f0e682a18f3343e408ad93ff0b824dea.pdf
https://www.naf-r.jp/file/en-ir_library_other_filedef09725f0e682a18f3343e408ad93ff0b824dea.pdf
https://www.nafr.jp/english/esg/governance/operation-system.html
https://www.naf-r.jp/english/finance/7-3.html
https://www.nafr.jp/english/esg/concept/materiality.html

GRI Content Index
GRI Standard

GRI

Disclosure title

Standard
Number102-27102-29Collective knowledge of highest governance body
Identifying and managing economic, environmental, and social
impacts

NAF Disclosure

HUMAN RESOURCE DEVELOPMENT
MATERIALITY

102-30Effectiveness of risk management processes

Process for Identifying Material Topics

102-31

Review of economic, environmental, and social topics

Process for Identifying Material Topics

URL
https://www.naf-r.jp/english/esg/social/humanresource.html
https://www.nafr.jp/english/esg/concept/materiality.html
https://www.nafr.jp/english/esg/concept/materiality.html
https://www.nafr.jp/english/esg/concept/materiality.html
https://www.naf-102-32

Highest governance body’s role in sustainability reporting

In-House Structure for Promotion of Sustainability

r.jp/english/esg/concept/sustainabilitymanagement.html

102-35

Remuneration policies

ARTICLES OF INCORPORATION.

https://www.naf-r.jp/file/en-ir_library_other_filedef09725f0e682a18f3343e408ad93ff0b824dea.pdf
https://www.naf-102-40

List of stakeholder groups

STAKEHOLDER ENGAGEMENT

r.jp/english/esg/concept/stakeholderengagement.html

102-41

Collective bargaining agreements

Percentage of total employees covered by collective bargaining agreements is 100% in the asset managementcompany since it is legally required, whereas there are no employee in the investment corporation.
https://www.naf-

102-42

Identifying and selecting stakeholders

STAKEHOLDER ENGAGEMENT

r.jp/english/esg/concept/stakeholderengagement.html

Tenant Satisfaction Surveys
102-43

Approach to stakeholder engagement
EMPLOYEE HEALTH AND SAFETY
Tenant Satisfaction Surveys

102-44

Key topics and concerns raisedEMPLOYEE HEALTH AND SAFETY

https://www.nafr.jp/english/esg/social/communities.html
https://www.naf-r.jp/english/esg/social/healthsafety.html
https://www.nafr.jp/english/esg/social/communities.html
https://www.naf-r.jp/english/esg/social/healthsafety.html
https://www.naf-

102-46

Defining report content and topic Boundaries

Process for Identifying Material Topics

102-47

List of material topics

Materiality

102-50

Reporting period

IR Calendar

https://www.naf-r.jp/english/ir/8-4.html

102-51

Date of most recent report

Disclosure Materials

https://www.naf-r.jp/english/ir/8-3.html

102-52

Reporting cycle

IR Calendar

https://www.naf-r.jp/english/ir/8-4.html

102-53

Contact point for questions regarding the reportInquiries

https://www.naf-r.jp/english/contact.html

102-54Claims of reporting in accordance with the GRI Standards

Reference Guidelines

102-55

GRI content index

GRI content index

103-1

Explanation of the material topic and its Boundary

Materialityr.jp/english/esg/concept/materiality.html
https://www.nafr.jp/english/esg/concept/materiality.html

https://www.nafr.jp/english/esg/concept/disclosure-framework.html
https://www.nafr.jp/english/esg/concept/disclosure-framework.html

Material Topics
https://www.nafr.jp/english/esg/concept/materiality.html
https://www.nafGRI 103：

103-2

The management approach and its components

SUSTAINABILITY MANAGEMENTManagement Approachr.jp/english/esg/concept/sustainabilitymanagement.html

103-3

Evaluation of the management approach

INTERNATIONAL INITIATIVES AND EXTERNALCERTIFICATIONS

https://www.nafr.jp/english/esg/concept/initiativescertifications.html

Promote Energy Efficiency and CO2 Emissions Reduction (Act against Climate Change)
GRI 201：
Economic Performance

GRI 302：
EnergyGRI 305：
Emissions201-2

Financial implications and other risks and opportunities due toclimate change

ADDRESSING CLIMATE CHANGE

302-1

Energy consumption within the organization

Environmental Performance

302-3

Energy intensity

Environmental Performance

302-4

Reduction of energy consumption

Environmental Performance

305-1

Direct (Scope 1) GHG emissions

Environmental Performance（No data by ”Scope”）

305-2

Energy indirect (Scope 2) GHG emissions

Environmental Performance（No data by ”Scope”）

305-4

GHG emissions intensity

Environmental Performance

305-5

Reduction of GHG emissions

Environmental Performancehttps://www.nafr.jp/english/esg/environmental/climate-change.html
https://www.nafr.jp/english/esg/environmental/performance.html
https://www.nafr.jp/english/esg/environmental/performance.html
https://www.nafr.jp/english/esg/environmental/performance.html
https://www.nafr.jp/english/esg/environmental/performance.html
https://www.nafr.jp/english/esg/environmental/performance.html
https://www.nafr.jp/english/esg/environmental/performance.html
https://www.nafr.jp/english/esg/environmental/performance.html

Acquire External Certification and Assessment on Sustainability
G4：SECTOR DISCLOSURES(CONSTRUCTION
AND REAL ESTATE)TYPE AND NUMBER OF SUSTAINABILITY CERTIFICATION,
CRE8

RATING AND LABELING SCHEMES FOR NEW CONSTRUCTION,
MANAGEMENT, OCCUPATION AND REDEVELOPMENT

Green Building Certification

https://www.nafr.jp/english/esg/environmental/performance.html

GRI Content Index
GRI Standard

GRI

Disclosure title

Standard
Number

NAF Disclosure

URL

Develop Human Capital and Raise Sustainability Awareness among our Employees
401-1
GRI 401：
Employment

401-2

New employee hires and employee turnover
Benefits provided to full-time employees that are not provided totemporary or part-time employeesHUMAN RESOURCE DEVELOPMENT
HUMAN RESOURCE DEVELOPMENT

401-3

Parental leave

HUMAN RESOURCE DEVELOPMENT

403-6

Occupational health and safety management system

EMPLOYEE HEALTH AND SAFETY

404-1

Average hours of training per year per employee

HUMAN RESOURCE DEVELOPMENTGRI 403:
Occupational Healthand Safety

GRI 404：
Training and Education

404-2
404-3

Programs for upgrading employee skills and transition assistanceprograms
Percentage of employees receiving regular performance and careerdevelopment reviews

HUMAN RESOURCE DEVELOPMENT

https://www.naf-r.jp/english/esg/social/humanresource.html
https://www.naf-r.jp/english/esg/social/humanresource.html
https://www.naf-r.jp/english/esg/social/humanresource.html
https://www.naf-r.jp/english/esg/social/healthsafety.html
https://www.naf-r.jp/english/esg/social/humanresource.html
https://www.naf-r.jp/english/esg/social/humanresource.html

Percentage of employees receiving regular performance and career development reviews is 100%.

Enhance Tenant Satisfaction, Safety and Comfort
GRI 416：
Customer Health and416-1

SafetyAssessment of the health and safety impacts of productand service categories

Tenant Satisfaction Surveys

https://www.nafr.jp/english/esg/social/communities.html

G4：
SECTOR DISCLOSURES(CONSTRUCTION

PR5RESULTS OF SURVEYS MEASURING CUSTOMER SATISFACTION

Tenant Satisfaction Surveys

https://www.nafr.jp/english/esg/social/communities.html

AND REAL ESTATE)

Build Partnership with Property Companies and Operators

GRI 308：

308-1

Supplier Environmental
Assessment

GRI 414：308-2

New suppliers that were screened using environmental criteria
Negative environmental impacts in the supply chain and actions
taken

There were no new suppliers in the reporting period.

Initiatives for Environmental Consideration in Supply Chain

414-1

New suppliers that were screened using social criteria

There were no new suppliers in the reporting period.

414-2

Negative social impacts in the supply chain and actions taken

Supply Chain Initiatives

https://www.nafr.jp/english/esg/environmental/issues.html

Supplier SocialAssessment

https://www.nafr.jp/english/esg/social/communities.html

Contribute to Community Development
GRI 413：
Local Communities

413-1

Operations with local community engagement, impact
assessments, and development programsInitiatives for Local Community

https://www.nafr.jp/english/esg/social/communities.html

Ensure Fairness and Transparency of Corporate Governance
Code of conduct on compliance and its implement to the operation

Not covered by anexisting GRI SpecificStandard

OriginalIndicator

Chief Compliance Officer (CCO) assigned to be responsible for internal
audit

https://www.nafCOMPLIANCE STRUCTURE

system.html

Implementing standard procedure in transaction with our stakeholders toprevent a conflict of interest
Regular internal auditr.jp/english/esg/governance/compliance-

RISK MANAGEMENT SYSTEM

https://www.naf-r.jp/english/esg/governance/riskmanagement.html