Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced GHG emissions intensity by 27.8% compared to the base year (FY2017)
• Achieved Green Star in GRESB Real Estate Assessment for six consecutive years
• Selected as "Sector Leader" of Asian Hotel Sector for four consecutive years (2020-2023)
• Acquired BELS evaluation for multiple properties
• Acquired CASBEE certification for multiple properties

Social Achievements

• Implemented various initiatives to cope with COVID-19, including providing hotel facilities for patient care and vaccination sites
• Introduced automatic check-in machines and other digital transformation initiatives
• Provided disaster relief donations
• Supported cultural and artistic activities and childcare in local communities
• Improved employee work environment with flexible work system and wellbeing initiatives

Governance Achievements

• Established a Sustainability Policy and a robust ESG promotion system
• Received an "A" grade in SMBC Environmental Assessment Loan
• Issued Green Bonds and Green Loans
• Established a comprehensive compliance system including anti-corruption and whistleblower mechanisms
• Maintained high independence of directors

Climate Goals & Targets

Environmental Challenges

• Climate-related risks (transition and physical risks)
• Maintaining high standards of compliance and governance

Mitigation Strategies

• Scenario analysis to assess climate-related risks and opportunities
• Implementation of various environmental measures to reduce GHG emissions and improve energy efficiency
• Establishment of a robust compliance system, including regular compliance training and internal audits
• Stricter-than-required decision-making processes for transactions with sponsor-related parties

Supply Chain Management

Responsible Procurement

• Promoting procurement of products and services with environmental and social considerations

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons, floods, extreme weather

Transition Risks

• Policy and legal risks, technology risks, market risks, reputational risks

Opportunities

• Reduction of utility costs through energy-saving initiatives

Reporting Standards

Frameworks Used: GRI Standards