Climate Change Data

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.