NAC CO., LTD.
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:79.56 ktCO2e/year (Scope 3)
Scope 1 Emissions:7.01 ktCO2e/year
Scope 3 Emissions:79.56 ktCO2e/year
ESG Focus Areas
- Build a recycling society
- Build a decarbonized society
- Build prosperous and comfortable lifestyles
- Build happiness for working people
- Co-create value with local communities
- Ensure corporate governance and corporate ethics
Environmental Achievements
- Reduced CO2 emissions by 25% vs. FY2021 (FY2030 target)
- First business in the water delivery industry to obtain the Eco Mark (CreCla)
- Annual CO2 emissions reduction of approximately 25 tons through solar panels at own plant
Social Achievements
- Launched female employee training program in FY2023
- Introduced teleworking and flextime systems
- Increased number of shareholders by 7,525 year on year
Governance Achievements
- Increased proportion of outside Directors to 37%
- Established Nomination and Remuneration Advisory Committee in April 2021
- Implemented training and drills for employees on compliance
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality at the NAC Group by 2050
Medium-term Goals:
- Reduce GHG emissions to 0 ktCO2e/year by 2050
- Net sales of ¥75,000 million and operating income of ¥5,000 million for the fiscal year ending March 31, 2025 (revised)
Short-term Goals:
- Achieve 30% women among regular employees by FY2026
- Achieve 10% women among managers by FY2026
Environmental Challenges
- Decrease in workforce due to declining birth rates and aging population
- Increase in natural disasters due to global warming
- Resource depletion
- Addressing the digitalization of society
- Intensifying competition in the Group’s markets
- Deteriorating business environment for the housing construction industry
- Soaring construction parts and materials prices
- Increasingly serious labor shortages
- Rise in average temperatures
- Rising sea levels
- Shortage of high-quality water resources
- Increase in costs associated with movements in exchange rates and rising prices
Mitigation Strategies
- Active investments to generate new capital and build sustainable value
- Human resources recruitment, training, and utilization
- Fulfilling training programs
- Active employment creation for women, the elderly, and others
- Contribution to sound and prosperous regional revitalization
- Reduction of environmental impact through decarbonization and the transition to renewable energy
- Promotion of the 3Rs (reduce, reuse, and recycle)
- Switch to low-emissions vehicles
- Installation of water servers using green refrigerants
- Introduction and utilization of new systems to improve productivity
- Establishment of a digital talent training program
- Creation of work-friendly labor environments
- Promotion of diversity
- Promotion of local construction firms
- Establishment of sustainable supply chains
- Address water stress
- Revitalization of plant tours and awareness activities for water-related knowledge
- Diverse Board of Directors
- Formation of advisory committees
- Formulation of policies and plans to enhance the skills of Directors and Audit & Supervisory Board Members
- Implementation of training and drills for employees and thorough compliance with rules
- IT security countermeasures using defense in depth
- Implementation of training and e-learning relating to information security
- Implementation of education and training; establishment and reinforcement of systems
- Cultivation of an open corporate culture with high ethical standards
- Strengthening sales promotion activities focusing on sales events at shopping malls and other locations
- Offering new products relating to aspects such as securing human resources and DX
- Expanding sales routes and achieving the further growth of our business bases
- Strengthening system infrastructure
- Promoting its introduction at affiliated stores
- Improving productivity and promoting DX
- Implementing various companywide health promotion initiatives
- Expanding our recruitment of (mid-career) female sales personnel
- Actively use mid-career recruitment to revitalize our organization
- Improving and strengthening labor management
- Promotion of childcare leave for male employees and support for balancing work and childcare or nursing care
- Conducting engagement surveys and launching activities to obtain honest feedback from employees
- Revising operational processes and other aspects of our businesses based on the issues highlighted in the free comments section
- Providing solutions for management continuity, including succession issues, such as proposals to transfer businesses to other companies through M&A
- Solving this dilemma through methods such as the use of subsidies and the development of more inexpensive high-performance housing
- Strengthening our flagship products and developing new products
- Acquiring new customers through a return to the brand’s origin in supplement sales and the implementation of product renewals
- Expanding our mail-order business and the direct selling of imported wines
- Engaging in ODM proposals and improving productivity
- Maximizing Group synergies
- Strengthening our sales activities, aiming to increase revenue and profit
- Expanding land purchases beyond Tokyo’s 23 wards to include the suburbs of Tokyo
- Pursuing sales activities to strengthen orders for barrier-free solutions and increasingly popular bungalows, as well as stores and dwellings combined with stores
- Expanding product sales in the ACE HOME brand to increase the number of orders we receive
- Enhancing our product lineup, including high-performance homes and energy-saving homes, to acquire new customers
- Strengthening online advertising and sales events for both CreCla and feel free products
- Promoting the introduction of CrePF, developed to encourage DX, at affiliated stores to improve productivity and promote DX
- Implementing measures to further increase the weight of profit derived from our sales revenue
- Enhancing our revenue efficiency through appropriate cost control
- Rationalizing and strengthening our administration systems through digitalization
- Improving treatment and remuneration
- Creating workplace environments where employees can work with a sense of fulfillment
- Introduction of a mentor program
- Support for employees who wish to start businesses independently
Supply Chain Management
Responsible Procurement
- Establishment of sustainable supply chains
- Promoting collaboration, coexistence and co-prosperity with our supply chain trading partners
Climate-Related Risks & Opportunities
Physical Risks
- Flooding from typhoons, torrential rain, etc.
- Rise in average temperatures
- Rising sea levels
- Shortage of high-quality water resources
Transition Risks
- GHG emissions regulation
- Soaring price of fossil fuels
- Transition to renewable energy
- Increase in carbon tax
- Rise in average temperatures
- Policies and regulation
- Procurement
- Delivery
Opportunities
- Resource efficiency
- Energy sources
- Products and services
- Markets
Reporting Standards
Frameworks Used: IFRS Foundation Integrated Reporting Framework, Global Reporting Initiative (GRI) Standards, Task Force on Climate-Related Financial Disclosures (TCFD) recommendations, Ministry of Economy, Trade and Industry (METI) Guidance for Collaborative Value Creation
Certifications: Eco Mark (CreCla)
Sustainable Products & Innovation
- feel free putio (tabletop water purifier)
- CreCla Shuwa (highly carbonated water)