01
Engagement in environment
a. Investment on renewable energy to help solve climate change
issues
We contribute to mitigating climate change issues through investment on minimal GHG emission renewable energy generation facilities.
b. Biodiversity consideration
We strive to conduct and preserve appropriate risk management considering the possible risk of properties and business facilities including renewable energy generation facilities impacting the surrounding ecosystem and biodiversity.
c. Resource saving/energy saving/waste reduction
We plan to continuously improve our efficient use of resources, energy, and waste reduction efforts.
We contribute to mitigating climate change issues through investment on minimal GHG emission renewable energy generation facilities.
b. Biodiversity consideration
We strive to conduct and preserve appropriate risk management considering the possible risk of properties and business facilities including renewable energy generation facilities impacting the surrounding ecosystem and biodiversity.
c. Resource saving/energy saving/waste reduction
We plan to continuously improve our efficient use of resources, energy, and waste reduction efforts.
VALUE CREATION THROUGH RENEWABLE ENERGY UTILIZATION
We achieve CO₂ emissions reduction and contribute to greenhouse gas reduction in
a tangible manner within our entrusted assets.
Note 1: The projected power generation is calculated based on the panel output of each managed asset as of August 1, 2023 (assuming 1,000 kWh per kW per year) and adjusted emission coefficients with each electricity provider.
Note 2: The figures are calculated based on the projected power generation, assuming an annual consumption of 4,258 kWh per household, and the panel output of each managed asset as of August 1, 2023.
Note 3: The average CO2 absorption capacity of a 50 year old cedar tree is calculated to be approximately 14 kg.
CONTRACT FOR SPECIFIC WHOLESALE SUPPLY
WITH MINNA DENRYOKU
On January 10, 2019, a contract for specific wholesale supply was concluded
between Takara Leben Co., Ltd. (currently MIRARTH Holdings Co., Ltd.,
hereinafter referred to as “MIRARTH Holdings”) and Minna Denryoku Co., Ltd.
(currently UPDATER Co., Ltd., hereinafter referred to as “Minna Denryoku”)
regarding LS Shizuoka Omaezaki Power Plant and LS Mie Yokkaichi Power Plant, where our company is engaged in asset management.
The aforementioned contract has been transferred to Green Energy LLC (a MIRARTH Holdings Group company), the current holder, and aims to supply environmentally friendly energy to general consumers and businesses through Minna Denryoku, contributing to decarbonization and the widespread adoption of renewable energy as a power generation operator. Through renewable energy utilization, we aim to create value, promote employment and local community socio-economic development We also aim to contribute to measures against global warming and energy self-sufficiency improvement. We look forward to continued full cooperation in these initiatives.
The aforementioned contract has been transferred to Green Energy LLC (a MIRARTH Holdings Group company), the current holder, and aims to supply environmentally friendly energy to general consumers and businesses through Minna Denryoku, contributing to decarbonization and the widespread adoption of renewable energy as a power generation operator. Through renewable energy utilization, we aim to create value, promote employment and local community socio-economic development We also aim to contribute to measures against global warming and energy self-sufficiency improvement. We look forward to continued full cooperation in these initiatives.
02
Engagement in society
a. Stable energy supply
Through continuous investment in the stable growing renewable energy, we strive to contribute to enhancing energy self-sufficiency rate in our country.
b. Contribution to local community
Through investment and management of renewable energy facilities, we would like to contribute to local employment and development.
c. Engagement in executives and employees In order to enhance individual operational capabilities, we take initiatives in creating environment and structures which allow our executives and employees to work in a secure and comfortable way. Also, we strive to provide educational and training opportunities to enhance the abilities, knowledge, and awareness of ESG.
d. Engagement in supply chain
Along with all of our partner companies in the supply chain, we consider ESG factors when purchasing and selecting products and services in our business activities.
Through continuous investment in the stable growing renewable energy, we strive to contribute to enhancing energy self-sufficiency rate in our country.
b. Contribution to local community
Through investment and management of renewable energy facilities, we would like to contribute to local employment and development.
c. Engagement in executives and employees In order to enhance individual operational capabilities, we take initiatives in creating environment and structures which allow our executives and employees to work in a secure and comfortable way. Also, we strive to provide educational and training opportunities to enhance the abilities, knowledge, and awareness of ESG.
d. Engagement in supply chain
Along with all of our partner companies in the supply chain, we consider ESG factors when purchasing and selecting products and services in our business activities.
Membership and Donation
to Japan Children’s Support Association
Our company actively engages in philanthropic activities as part of our
commitment to social contribution. As part of these efforts, we have become a
member of the Japan Children’s Support Association, an organization that works
towards the perpetual resolution of “the cycle of child poverty and violence”
since September 2020, May 2021, and June 2023. We have joined this organization
with the mission of ensuring that children can live with peace of mind, and we
are dedicated to supporting initiatives such as foster parent assistance and
childcare support projects. Additionally, we have made a donation to the Japan
Children’s Support Association.
For more information, please visit their website: https://npojcsa.com/index.html
For more information, please visit their website: https://npojcsa.com/index.html
Donation to the General Incorporated
Association “Power for Tomorrow”
Our company made donations to the General Incorporated Association “Power for
Tomorrow” in December 2022 and June 2023. “Power for Tomorrow” is a nonprofit
organization established with the aim of supporting adults who care for children
facing challenges. They engage in activities such as establishing a system
called “Anywhere Child Cafeteria ( ドコデモこども食堂),” where children in impoverished
conditions can go to eat anytime at their own will.
DONATION TO GOOD NEIGHBORS JAPAN,
A SPECIFIED NONPROFIT ORGANIZATION
Our company has made donations to Good Neighbors Japan (GNJP), a specified
nonprofit organization, in November 2021, June 2022, and March 2023. GNJP’s
vision is to create a society where children’s smiles abound, and everyone can
live as dignified human beings. Their mission is to collaborate with domestic
and international partners to eliminate the causes of poverty, discrimination,
and threats posed by disasters and conflicts. They engage in activities both
domestically and internationally. In Japan, they operate “Good Gohan,” a program
that provides food distribution to single parent households as part of their
efforts to address child poverty. By regularly providing free meals, they aim to
support the healthy growth of children.
For more information, please visit their
website: https://www.gnjp.org/
For more information, please visit their
website: https://www.gnjp.org/
DONATION TO CERTIFIED NONPROFIT ORGANIZATION KATARIBA
Our company has made donations to Katariba, a certified nonprofit organization,
in October 2020, March 2022, and March 2023. Katariba conducts educational
support activities for children who have been deprived of learning opportunities
due to reasons such as disasters and economic disparities. It is a certified
nonprofit organization in Tokyo that operates nationwide, focusing on creating a
safe space through free after school programs and providing learning support and
meal assistance to children.
website: https://www.katariba.or.jp/
website: https://www.katariba.or.jp/
Donation to Food Support Platform WeSupport
for Healthcare Professionals
In February 2021, our company made a donation to the WeSupport platform, which
provides free food support to healthcare professionals who are involved in the
prevention and treatment of COVID 19.
CLEANING ACTIVITIESIN HANNOU CITY, SAITAMA PREFECTURE
Our company has been certified by the “Hannou City Park Beautification Activity
Group” and regularly conducts cleaning activities at the “Asahi Mountain
Observatory Park,” which is adjacent to LS Hannou Misugidai, an asset held by
our company. Through these activities, we are committed to contributing to the
local community.
SPONSORSHIP OF THE KISHUKUCHI KUMANOMARATHON
As part of our commitment to social contribution and regional revitalization, we
are sponsoring the Kishukuchi Kumanomarathon, which takes place in KamitondaSue,
Wakayama Prefecture, where LS Shirahama Power Plant, an asset held by our
company, is located. The Kishukuchi Kumanomarathon is an annual full marathon
and half marathon event held on the first Sunday of February in Kamitonda Town,
Wakayama Prefecture. It is known for its beautiful natural course.
03
Engagement in governance
a. Regulatory compliance
We comply with laws and regulations on ESG in all our business activities.
b. Information disclosure and transparency
As a public characteristic of our business, we establish trusted relationship with stakeholders including investors. We strive to proactively disclose ESG information in addition to the financial information.
c. Appropriate business operation
We establish the operation structure in The Asset Management, which ensures measures against conflict of interest and make impartial decisions between The Investment Corporation and private funds to which our sponsors and The Asset Management are entrusted.
We comply with laws and regulations on ESG in all our business activities.
b. Information disclosure and transparency
As a public characteristic of our business, we establish trusted relationship with stakeholders including investors. We strive to proactively disclose ESG information in addition to the financial information.
c. Appropriate business operation
We establish the operation structure in The Asset Management, which ensures measures against conflict of interest and make impartial decisions between The Investment Corporation and private funds to which our sponsors and The Asset Management are entrusted.
COMPLIANCE
MIRARTH Asset Management Inc. (hereinafter referred to as “our company”) not only adheres to laws, regulations, and relevant business laws as an asset management company entrusted with asset management but also complies with broader social norms. Within our company, we have established a compliance framework through the functions of the Board of Directors, Compliance Officer, Compliance Committee, Compliance Department, and a consultation desk to ensure compliance.
MEASURES AGAINST CONFLICTS
OF INTEREST TRANSACTIONS
Our company has established regulations to prevent transactions that would harm the interests of our clients or engage in unnecessary transactions. When conducting transactions with interested parties, we adhere to the regulations set forth in the Financial Instruments and Exchange Act, the Order for Enforcement of the Investment Trust Act, and our internal rules. It is stipulated that the Compliance Committee and the Investment Committee of each fund department thoroughly verify the transaction details.
INTERNAL AUDIT
Our company regards internal audit as one of the most important activities in ensuring the autonomous operation of the company. The purpose of internal audit is to contribute to the achievement of our management goals by evaluating whether the operations and activities of each organization are conducted in compliance with various laws and regulations, appropriately and efficiently; discovering and preventing fraud or significant errors; ensuring the proper management of personal information; and verifying and evaluating other necessary matters. Based on these evaluations, internal audit provides necessary advice and recommendations. We fully recognize the importance of conducting internal audit appropriately and allocate sufficient management resources for its implementation.
INTERNAL REPORTING AND
WHISTLEBLOWER PROTECTION MEASURES
Our company has established regulations that explicitly state the proper handling of consultations or reports regarding systematic or individual violations of laws and regulations from employees or others. These regulations prohibit any detrimental treatment of whistleblowers and emphasize the protection of personal information. By promoting early detection and rectification of misconduct and other irregularities, we strengthen our compliance management.
Established in 5/23/2019