GOKURAKUYU HOLDINGS CO., LTD.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Governance
- Social
- Sustainability (SDGs)
Environmental Achievements
- Introduction of gas cogeneration equipment to improve energy efficiency.
Social Achievements
- Implementation of work-life balance promotion and women's empowerment initiatives.
- Increased female employees continuing to work after childbirth and childcare.
- Community involvement through participation in volunteer activities and events in store locations.
Governance Achievements
- Establishment of a transparent governance structure with one outside director on the board of seven and two outside auditors on the audit committee of three.
- Active discussions and operations of the board of directors through regular and ad-hoc meetings.
- Implementation of compliance training for all employees.
Climate Goals & Targets
Short-term Goals:
- Increase the percentage of women in regular employee hires to 40% or more.
- Increase the number of female managers to 10 or more.
- Maintain an annual paid leave rate of 50% or more.
Environmental Challenges
- Low percentage of English-speaking investors.
- Lack of a medium-term management plan.
- Absence of a concrete plan for the succession of the representative director.
- Only one independent outside director.
- No independent advisory committee.
Mitigation Strategies
- Exploring ways to make shareholder meetings more accessible.
- Considering the disclosure of information in English depending on the ratio of foreign investors.
- Exploring the establishment of a medium-term management plan.
- Working towards having two or more independent outside directors.
- Seeking the opinions of outside directors on the nomination and compensation of management in the board of directors.
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 3: Good Health and Well-being
- SDG 8: Decent Work and Economic Growth
- SDG 11: Sustainable Cities and Communities
The company's initiatives align with these SDGs through its focus on employee well-being, community engagement, and sustainable business practices.