Climate Change Data

Keio Corporation

Climate Impact & Sustainability Data (2022-04-01 to 2023-03-31, 2023-04 to 2024-03)

Reporting Period: 2022-04-01 to 2023-03-31

Environmental Metrics

Total Carbon Emissions:289,314 t-CO2e (2022)

ESG Focus Areas

  • Safety and Security
  • Environmental Friendliness
  • Community Development
  • Sustainable Society
  • Long-term Corporate Value Enhancement

Environmental Achievements

  • Reduced CO2 emissions by 30% from 2019 levels by 2025 (target)
  • Achieved 9.0% reduction in CO2 emissions per revenue in 2022 compared to 2019
  • Aiming for net-zero emissions by 2050

Social Achievements

  • Launched Keio Open Innovation Program
  • Various initiatives for employee well-being and community investment
  • Initiatives to promote diversity and inclusion

Governance Achievements

  • Established anti-corruption training for all employees
  • TCFD-aligned climate-related financial disclosures
  • ESG integrated into business model and overseen by board/executive

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Achieve 30% renewable energy by 2030 (implied)
Short-term Goals:
  • Reduce water consumption by 10% by 2025 (implied)
  • Reduce CO2 emissions by 30% from 2019 levels by 2025 (target)

Environmental Challenges

  • Supply chain disruptions due to climate events (implied)
  • Transition risks related to climate change (implied)
  • Maintaining long-term corporate value in a changing environment
Mitigation Strategies
  • Developing alternative sourcing strategies (implied)
  • Implementing measures to address transition risks (implied)
  • Adapting to changing lifestyles and regional needs

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather (implied)
Transition Risks
  • Regulatory changes (implied)
  • Market shifts (implied)
Opportunities
  • Development of energy-efficient products (implied)

Reporting Standards

Frameworks Used: GRI (Global Reporting Initiative)

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:294,993 tCO2e (consolidated)
Scope 1 Emissions:89,000 tCO2e (consolidated)
Scope 2 Emissions:175,000 tCO2e (consolidated)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:431,449,000 kWh (consolidated)
Water Consumption:2,314,000 m3 (consolidated)
Waste Generated:50,622 tons (consolidated)
Carbon Intensity:0.65 tCO2e/million yen (consolidated)

ESG Focus Areas

  • Safety and Security
  • Community Coexistence and Development x Happy Life
  • Digital Response to Society
  • Active Human Resources
  • Environmentally Friendly
  • Management Base

Environmental Achievements

  • Reduced CO2 emissions by 18.3% (consolidated) and 34.4% (railway) compared to 2019 and 2013 respectively.
  • Introduced renewable energy-based electricity in all Keio Plaza Hotel (Shinjuku) and Keio Presso Inn branches.

Social Achievements

  • Launched Keio Train Points service to encourage outings, especially for families with children.
  • Implemented various initiatives to improve employee engagement, including the “My turn” program.
  • Increased the percentage of new female hires in general positions to 36.8%.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero CO2 emissions by 2050.
Medium-term Goals:
  • Reduce CO2 emissions by 30% (consolidated) and 46% (railway) by 2030 compared to 2019 and 2013 respectively.
  • Increase the percentage of women in management positions to 30% by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Decreased passenger numbers compared to pre-pandemic levels.
  • Rising energy and material costs.
  • Large-scale investments impacting financial health.
  • Addressing fraudulent activities within a group company.
  • Adapting to changing lifestyles and needs.
Mitigation Strategies
  • Active need creation and productivity improvement.
  • Value-added service provision.
  • Strengthening financial base through asset efficiency and capital gain generation.
  • Implementing measures to prevent recurrence of fraudulent activities.
  • Developing new services and adapting business models.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events, flooding
Transition Risks
  • Increased energy costs, changes in customer behavior
Opportunities
  • Development of energy-efficient products and services, increased demand for environmentally friendly transportation

Reporting Standards

Frameworks Used: International Framework, GRI Standards

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • New 2000 series commuter trains with improved energy efficiency and safety features.

Awards & Recognition

  • Health Promoting Company 2024