Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Cost Reduction and Growth

Environmental Achievements

• Introduced "Mie Utsukushikuni Green Electricity" at Comfort Hotel Suzuka, reducing CO2 emissions by approximately 113 tons annually.
• Implemented self check-in/check-out machines in 23 hotels by the end of 2021.

Social Achievements

• Obtained local government coronavirus countermeasure certifications for all hotels and restaurants.
• Extended the validity period of shareholder discount coupons.
• Incorporated traditional crafts and artwork from local disabled facilities in hotel rooms.

Governance Achievements

• Issued preferred stock through a third-party allocation to address debt and return to a growth trajectory.

Climate Goals & Targets

Environmental Challenges

• The fifth wave of the COVID-19 pandemic impacted the first half of the reporting period.
• Uncertainty due to new COVID-19 variants.

Mitigation Strategies

• Implemented cost reduction measures.
• Adjusted hotel pricing based on local demand.
• Offered accommodation plans tailored to local needs and demand.
• Focused on revenue enhancement strategies.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environment
• Community Support
• Human Resource Development
• Unique Services

Environmental Achievements

• Introduction of CO2-free electricity
• Changes to amenity materials and provision methods (reducing the use of disposable plastic products)

Social Achievements

• Collaboration for regional revitalization
• Creation of an environment where diverse human resources can thrive, overcoming labor issues in the tourism sector
• Providing healthy and fulfilling services that contribute to maintaining and improving QOL

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Decreasing Japanese population/aging society
• Changes in business trip opportunities due to the spread of online communication
• Changes in work styles due to the spread of remote work
• Increased awareness of sustainability

Mitigation Strategies

• Becoming a resilient company adaptable to change
• Embracing new challenges in light of change
• Strengthening and expanding hotel business
• Investing in human resources and DX to improve efficiency and customer experience

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Environmentally and socially conscious procurement

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Introduced environmentally friendly garbage bags across all stores, aiming to reduce CO2 emissions by approximately 8 tons annually.

Social Achievements

• Concluded disaster preparedness agreements with Naha City (Okinawa), Yamagata City (Yamagata), and Kyoto City (Kyoto) to provide lodging and temporary shelter during disasters.
• Opened 22 roadside hotels, increasing the total number of hotels to 117 and rooms to 16,569 (as of late October 2024).
• Renovated and expanded banquet halls at Green Park Tsu hotel.
• Introduced 14 capsule bedrooms at Rest Inn Taga hotel.

Governance Achievements

• Comfort Hotel Nagoya Meieki Minami received the "Best of Choice Award".

Climate Goals & Targets

Environmental Challenges

• Geopolitical risks due to the prolonged Russia-Ukraine conflict and Middle East situation.
• Global economic uncertainty due to global inflation control measures and China's economic slowdown.

Mitigation Strategies

• Strengthened revenue management tailored to regional demand.
• Secured leisure and inbound tourism demand.
• Introduced two new brands, "Comfort Hotel ERA" and "Ascend Hotel Collection™," to capture more leisure demand.
• Expanded banquet facilities.

Supply Chain Management

Responsible Procurement

• Introduced environmentally friendly garbage bags with 50% recycled materials.

Climate-Related Risks & Opportunities

Awards & Recognition

• Comfort Hotel Nagoya Meieki Minami received the "Best of Choice Award"