Application
for
ARES ESG
AWARD 2024

Schedule

ARES ESG AWARD 2024 schedule:

• Application deadline

  From August 2024 to September 2024

• Evaluation Period

  From October 2024 to January 2025

• Award Presentation

  Late January 2025

Award evaluation criteria

In the ARES ESG Award, each initiative is evaluated in terms of the following criteria. Winners are chosen based on discussions among judges.

1. Universality

   Can the initiative serve as a reference for other J-REITs?

   • Are the efforts informative enough to be widely shared across the industry?
   • Does the initiative serve as a reference model for a wide range of efforts by other J-REITs?

2. Uniqueness

   Can the J-REIT’s efforts be considered highly unique and imaginative?

   • Are the efforts suitable in terms of the J-REIT’s asset type, size, and culture?

3. Continuity

   Can the initiative be sustained and is it more than a one-time project?

   • Is the initiative designed in a way that makes it likely to achieve its goal?
   • Does the initiative carry a risk of being discontinued?

4. Effectiveness

   Are the efforts producing appropriate results in line with their aims?

   • Are the efforts’ aims and effects shown in a quantitative way?
   • Do the efforts contribute significantly to achieving the target values?
   • Are the efforts producing social impacts?

Frequently Asked Questions

• QWhat is the ARES ESG Award?

  AThe ARES ESG Award commends J-REITs for their ESG initiatives and aims to promote ESG efforts across the J-REIT industry.

• Q What types of activities are awarded?

  AThe Award commends the ESG efforts of J-REITs and their asset management companies.

• QWhat are the entry methods for the Award?

  APlease download the entry sheet from this website, fill it out, and submit it according to the instructions.(Click here for the entry sheet)

• Q Are there any documents that should be submitted?

  APlease download the entry sheet from this website, fill it out, and submit it according to the instructions.(Click here for the entry sheet)

• QWhen is the entry deadline?

  AThe entry deadline is Monday, September 30, 2024.(Click here for the schedule.)

• QWhat criteria are used for award evaluation?

  AEvaluation is based mainly on four criteria: universality, uniqueness, continuity, and effectiveness. (Click here for the criteria.)

• QWhat types of awards are offered?

  AThere are two award categories: Good Action Award and Best Recommendation Award. In each award category, winners are selected for three divisions: Environment, Social, and Governance.

• QWhat is the Best Recommendation Award?

  AThe Best Recommendation Award is given to J-REITs recommended by others, with the aim of sharing excellent practices both inside and outside the J-REIT industry. In addition to advanced initiatives made by J-REITs, we also welcome examples that your company has used as references. The names of recommender companies will be kept only within the ARES ESG Award Office and will not be disclosed.

• QIs it possible to list the J-REIT’s past initiatives for award evaluation?

  AThe J-REIT’s past initiatives can be listed for evaluation.

• Q Is it possible to list activities of the J-REIT’s asset management company for evaluation?

  AActivities of the J-REIT’s asset management company can be listed for evaluation. However, only investment corporations are eligible to enter.

• QIs it possible to list efforts that have now become common practices in the J-REIT industry?

  AEfforts that have become common practices can also be listed. When submitting such efforts, please describe in detail how innovative they were at the time or how they can be applied to future initiatives.