External Evaluation and Certifications Environmental Assessment and Certifications
CDP Climate Change Program Assessment
CDP Score is provided across four levels and eight-tier score bands: Leadership level (A and A-), Management level (B and B-), Awareness level (C and C-), Disclosure level (D and D-). In the 2025 assessment, MEL was awarded the highest score of ‘A’ for the third consecutive year and recognised with “A List” (Highest Recognition) company for its high international standard of commitment and information disclosure on climate change issues.
In the 2025 assessment, MEL has also received the highest "A" score in the CDP Supplier Engagement Rating, which evaluates supply chain-wide initiatives addressing climate change, and was selected for the "Supplier Engagement Leaderboard."
December 16, 2025 MEL has been recognized with “A List” (Highest Recognition) on CDP Climate Change
GRESB Real Estate Assessment
GRESB is a benchmark established by a group of European pension funds to assess the sustainability performance of real estate companies and asset managers, and is used by major institutional investors in making investment decisions. MEL received the highest “5 Stars” rating for the seventh consecutive year and was awarded a “Green Star” for the eighth consecutive year in the 2026 GRESB Real Estate Assessment.
October 6, 2026 Notice concerning GRESB Real Estate Assessment Results
GRESB Public Disclosure
In the “GRESB Disclosure Assessment” (5-level evaluation), which measures the level of ESG information disclosure, MEL was also highly evaluated for its efforts in ESG information disclosure, and received an “A level” rating, the highest ranking for the seventh consecutive year.
MSCI ESG Ratings
MSCI provides various tools to assist in investment decision making to institutional investors around the world, including asset managers, hedge funds and pension funds. The MSCI ESG rating analyzes how well companies are managing risks related to the Environment, Social and Governance, and its 7 ratings range from the highest AAA to the lowest CCC.
MEL has received A in its MSCI ESG rating.
EcoAction 21
EcoAction 21 is a third-party evaluation system to certify and register organizations which promote environmental management in accordance with the "Eco Action 21 Guideline" formulated by the Ministry of Environment as part of its Environmental Management System.
MEL has renewed its EcoAction 21 certification and registration in March 2025, following the expiration of its previous certification received in March 2023.
＜Scope of Certification and Registration＞
Investment and management of real estate, etc. and Real Estate Trust Beneficiary Interest
MUFG ESG Rating Certificate for J-REIT supported by JCR
Mitsubishi UFJ Research and Consulting Co., Ltd. promotes strategic efforts on ESG (Environment, Society, Governance) to improve corporate value in response to the growing demand from external stakeholders regarding active disclosure of ESG related information. Under the support of Japan Credit Rating Agency, one of Japan's leading rating companies and expert in credit risk analysis, the certificate was produced and is dedicated to J-REIT that evaluates efforts against ESG. MEL undertook the “ESG Loan for J-REIT” from MUFG Bank, Ltd.
MEL received the ESG rating as the first J-REIT company in November 2018, and the highest rank of "S " from reacquisition following the renewal of the rating in September 2021.
Funding to Promote SDGs from Sumitomo Mitsui Banking Corporation
The Funding to Promote SDGs to be procured from Sumitomo Mitsui Banking Corporation, which is the first J-REIT deal, will be executed on the basis of an evaluation of a company's current efforts in relation to the SDGs based on the proprietary evaluation criteria developed by Sumitomo Mitsui Banking Corporation and The Japan Research Institute, Limited.
We have recieved a report containing analytical advice from The Japan Research Institute, Limited., and will utilize for future SDGs initiatives. MEL was highly evaluated (as of September 2020) regarding contributions to local communities through promoting energy conservation and the use of renewable energy at owned properties, and improve quality in logistic facities and maintain logistics networks through collaboration with tenants and stakeholders.
