Proceeds procured through Green Finance are used as funds for properties that satisfy eligibility criteria^*1 (“Eligible Green Projects”) and renovation works, etc. that satisfy eligibility criteria^*2, or the repayment of borrowings or the redemption of issued investment corporation bonds required for such properties or works.

• *1“Properties that satisfy eligibility criteria (Eligible Green Projects)” are properties that have received and/or are expected to receive (including receiving again) any of the following green certifications within 36 months of the payment date or the effective date of the relevant procured funds.
  In addition, the same criteria must be satisfied at the time of reporting at the end of February of each year.
  • Buildings that have received 3, 4, or 5 stars under the DBJ Green Building Certification Program.
  • Buildings that have received B+, A, or S rank under the CASBEE Certification Rank (including building certification, real estate certification, and local government versions of those certifications) (For the local government version of CASBEE, it is limited to those completed within three years of the date of construction completion.).
  • Buildings that have received 3, 4, or 5 stars under the BELS certification (2016 criteria).
  • The following levels of BELS certification (2024 criteria).
    • Non-residential buildings: Level 6, Level 5 or Level 4
    • Residential buildings with renewable energy equipment: Level 6, Level 5, Level 4 or Level 3
    • Residential buildings without renewable energy equipment: Level 4 or Level 3
  • Buildings that have received Silver, Gold, or Platinum rank under the LEED certification. (For LEED BD+C, v4 or later)
  • Buildings that have received Outstanding, Excellent, or Very Good rank under the BREEAM certification. (For BREEAM In-Use, v6 or later)
• *2“Renovation works, etc. that satisfy eligibility criteria” are works that satisfy any of the following criteria:
  • Renovation works intended to improve the number of stars or rank by one or more levels in buildings that have received, or are expected to receive, one of the Eligible Green Projects certifications.
  • Renovation works that can reduce energy consumption, CO₂ emissions, or water consumption by 30% or more.
  • Renovation works related to the installation or acquisition of equipment related to renewable energy.

Eligible Green Projects and renovation works are evaluated and selected based on the Sustainability Policy and eligibility criteria by the Sustainability Committee. The Committee is chaired by the Chief Sustainability Officer (CSO) of the company, and consists of the head of each division.

The outstanding amount of the debts of Eligible Green Projects is calculated by multiplying the Eligible Green Projects extracted from the portfolio by the interest-bearing liabilities ratio.
JMF manages the proceeds to ensure that the total amount of proceeds procured by Green Bonds and Green Loans does not exceed the debts of Eligible Green Projects.

For further details regarding Eligible Green Projects, please see the link below:
Environmental Approvals and Evaluations for Group Assets

For the Book Value of Eligible Green Projects, please see the link below:
IR Library

• *1Figures before 2019 are the figures of former Japan Retails Fund Investment Corporation.
• *2Excluding land with leasehold interest

This table can be scrolled sideways.

	Electricity (Mwh)	Fuel (Mwh)	Water (Thousand m3)		CO2 emissions*2 (Thousand tCO2)
2023 Mar. 2023 - Feb. 2024	244,566	82,262	1,803		104
2022 Mar. 2022 - Feb. 2023	233,101	80,461	1,618		102
2021 Mar. 2021 - Feb. 2022	146,134	55,086	1,298		60
2020 Mar. 2020 - Feb. 2021	129,524	32,431	1,032		57
2019 Mar. 2019 - Feb. 2020*1	213,921	71,248	1,551		118
2018 Mar. 2018 - Feb. 2019*1	137,234	29,561	922		77
2017 Mar. 2017 - Feb. 2018*1	219,243	84,527	1,452		129

• *1Figures before 2019 are the figures of former Japan Retails Fund Investment Corporation.
• *2When converting energy consumption into CO₂ emissions, we use the calculation methods and emissions factors stipulated by the Act on Promotion of Global Warming Countermeasures.