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Mitsubishi Estate

Mitsubishi Estate is a publicly listed company headquartered in Tokyo, Japan. The company leases, manages and develops commercial buildings, and is one of the largest real estate developers in Japan. It operates a wide range of businesses across the hotel, office, residential and retail segments.

Summary

Mitsubishi Estate reports transparently on numerous sustainability topics. However, there is clear potential for the company to strengthen its performance in many areas. The company discloses its materiality assessment and assigns sustainability oversight to its higher-level executives. However, it lacks reporting on the affordability of its projects, which can limit its ability to address access to housing in its developments. Mitsubishi Estate can also improve its social performance by disclosing its process for identifying human rights risks across its value chain.

From an environmental standpoint, the company should establish time-bound targets, alongside a management system, to effectively reduce its water withdrawal. Moreover, while the company has implemented a framework for responding to natural disasters, it should conduct and disclose comprehensive risk assessments for all natural disasters relevant to its operations to enhance its resilience in emergencies.

Ranking position: #35 /300
Total score: 25.3 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 20.8 /100	#38
Inclusive Cities	#1 30.8 /100	#53
Healthy Cities	#1 10.0 /100	#81
Climate Proof & Resilient Cities	#1 42.5 /100	#3
Core Social Indicators	#1 22.2 /100	#88

Industries
Real estate	#13

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More about the company

Headquarters: Japan
Ownership structure: Public
Revenue: USD 10,478 billion (2022)
Number of employees: 11668 (2022)
Website: https://www.mec.co.jp

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000