Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Social action
• Corporate governance

Environmental Achievements

• Reduced paper usage by 600,000 sheets in the Himeji Factory.
• Established a European Master Distribution Centre to streamline distribution routes and reduce CO2 emissions.
• Developed 106 G-Eco products between 2009 and 2016.

Social Achievements

• Formulated an action plan to promote women’s participation and advancement in the workplace.
• Opened an in-house daycare center, G Kids Home.
• Extended nursing care leave from 180 to 365 days per family member.
• Various community investment initiatives (Hands-on classes, Children’s Theater, etc.)

Governance Achievements

• Enhanced risk management at group companies.
• Strengthened emergency response capabilities and information security systems.
• Held e-learning and group training sessions for group companies to ensure fair transactions.

Climate Goals & Targets

Environmental Challenges

• Chronic lack of labor in the Japanese distribution industry.
• Need for greater efficiency and labor savings.

Mitigation Strategies

• Providing products that meet specific needs (self-service coin and banknote recycler, ticket vending machine).
• Offering optimal solutions including support for store management (sales data collection and analysis).

Supply Chain Management

Responsible Procurement

• CSR-oriented procurement
• Respect for human rights in the supply chain
• GLORY CSR Procurement Guidebook (for suppliers in Japan)
• GLORY Supplier Code of Conduct (for overseas suppliers)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 14001

Sustainable Products & Innovation

• G-Eco products

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Human resource initiatives
• Governance
• Social Initiatives
• Quality Initiatives

Environmental Achievements

• Reduced CO2 emissions by at least 15% for products developed in fiscal year 2017 compared to previous models (achieved for 16 of 25 models).
• Reduced annual per-employee energy consumption by 2.1% (base year: fiscal year 2010).
• Reduced annual volume of waste generated by an average of 4.1%
• Improved resource productivity through the adoption of nesting (increased yield rate by 15% or higher).

Social Achievements

• Launched employee awareness surveys to improve work motivation and understanding of CSR.
• Implemented career training programs, including Self-Inquiry Adventure Training for 187 employees.
• Established GLORY Friendly Co., Ltd. to employ people with disabilities.
• Provided subsidies for childcare services and created an in-house daycare center.
• Supported employees balancing work and caregiving.
• Reduced long working hours through 'no-overtime days' and 'no-overtime weeks'.
• Sponsored Victorina Himeji women’s volleyball team.
• Established GLORY Foundation for Elementary School Students, conducting various activities for 99,000 people.
• Participated in charity events like Run for the Children and Bollywood Veggies Farm Tour.

Governance Achievements

• Established a Compliance Committee chaired by the President, including two outside experts.
• Implemented four compliance helplines.
• Provided compliance education to employees, including e-learning and group training sessions.
• Revised risk management rules and evaluation standards, strengthening group-wide risk management.
• Optimized management and ensured speedy decision-making through a review of the “Rules of the Authority of Final Decision”.

Climate Goals & Targets

Environmental Challenges

• Employee understanding of the management plan and its implementation was on the decline.
• Concerns about feeling stuck in a rut at work and feeling overwhelmed by workload.
• Growing social demands regarding corporate governance, varying by country and region.
• Potential for problems to spread rapidly in a globalized environment.

Mitigation Strategies

• Permeate the corporate message company-wide; appropriate operation of the personnel system; and create an environment in which employees, company-wide, can freely take on challenges.
• Integrate each nation’s laws and culture into Glory’s governance.
• Strengthen group-wide risk management structure through risk assessments and precautionary measures.
• Conduct periodic analysis and evaluation related to the Board’s effectiveness.

Supply Chain Management

Responsible Procurement

• CSR-oriented procurement
• Glory CSR Procurement Guidebook (for suppliers in Japan)
• Glory Supplier Code of Conduct (for overseas suppliers)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 14001

Sustainable Products & Innovation

• G-Eco products (energy-efficient products)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions (details in Metrics section)
• Increased number of zero-emission sites (details in Metrics section)

Social Achievements

• Reduced employee turnover (details in Metrics section)
• Increased training expenditures (details in Metrics section)

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001

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

• New value creation through business
• Human resource initiatives
• Promotion of CSR in the supply chain
• Environmental protection
• Strengthening of governance

Environmental Achievements

• Annual average energy consumption per employee reduced by 2.2% (base year: fiscal year 2010)
• Average reduction of 16.1% in CO2 emissions from new products (targets achieved for 14 out of 32 models, which were approved as G-Eco products)
• Reduced CO2 emissions by around 30,000 tons through Recycle Jet program
• Achieved a 9.5% decline in energy-induced CO2 emissions

Social Achievements

• Launched a deferred payment system for the medical care industry, eliminating wait time for patients to make payments
• Increased representation of female new graduate hires to 13.1%
• Increased the number of female managers to 16
• Re-employed 47 out of 50 employees who had reached retirement age
• Donated 17,999 school meals through the TABLE FOR TWO program

Governance Achievements

• Amendment of Corporate Governance Guidelines
• Revision of remuneration system for directors (improvement of linkage with performance)
• Analysis and assessment of the effectiveness of the Board of Directors, implementation of improvements
• Implementation of compliance education (e-learning) for Glory and Group companies in Japan (attendance: 100%)

Climate Goals & Targets

Environmental Challenges

• Reducing total CO2 emissions (as opposed to per-employee energy consumption)
• Expanding CSR procurement efforts overseas
• Addressing diversity beyond women, people with disabilities, and the elderly in Japan (including foreign nationals and overseas workforce)
• Practically achieving SDGs for 2030 with defined goals and implementation plans

Mitigation Strategies

• Setting a long-term goal of reducing CO2 emissions associated with product use by 30% from 2005 levels
• Planning to expand CSR voluntary checklist surveys to overseas primary business partners
• Developing the next Medium-Term Management Plan with a global perspective on CSR
• Utilizing accumulated core and advanced technologies to deliver new solutions for increasingly complex social issues

Supply Chain Management

Supplier Audits: 452 primary suppliers surveyed in Japan (96% response rate); 95 primary suppliers surveyed at GLORY Products Ltd. (100% response rate)

Responsible Procurement

• Glory CSR Procurement Guidebook
• Glory Supplier Code of Conduct
• CSR voluntary checklist
• Green Procurement Standards
• Supplier Compliance Hotline

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards 2016, Environmental Reporting Guidelines, Ministry of the Environment, Japan

Certifications: ISO 14001, ISO 9001, ISO 27001 (GCAN Center)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• G-Eco products
• Recycle Jet

Awards & Recognition

• Outstanding Environmental Performers award from PEZA

Environmental Metrics

ESG Focus Areas

• Quality Management
• Supply Chain Management
• Human Rights
• Human Resources
• Social Initiatives
• Environmental Initiatives

Environmental Achievements

• Established Green Procurement Standards
• Donated "reef buds" for ocean regeneration in the Philippines
• Reduced environmental impact through Green Procurement

Social Achievements

• Established GLORY Friendly Co., Ltd. to offer opportunities to people with disabilities
• Increased representation of female new graduate hires to 18.6%
• Implemented various work-life balance initiatives (teleworking, work-at-home program, childcare subsidies, nursing care leave)
• Participated in TABLE FOR TWO program, donating 18,534 meals
• Donated ticket vending machines to Himeji City
• Supported educational activities in America and Indonesia
• Donated banknote sorters to a charity bazaar in Hong Kong
• Conducted employee awareness surveys with high response rates (96% in FY2019)

Governance Achievements

• Established a Supplier Compliance Hotline
• Implemented a “management by objective” system
• Established the Central Health and Safety Committee and Health and Safety Committees at each business site
• Complied with the UK Modern Slavery Act 2015
• Participated in the United Nations Global Compact

Climate Goals & Targets

Environmental Challenges

• Maintaining quality across a global supply chain
• Ensuring compliance with diverse regulations and standards across different countries
• Preventing long working hours and promoting employee well-being
• Promoting gender equality and diversity
• Managing risks related to human rights throughout the supply chain

Mitigation Strategies

• Intensive staff training programs
• Establishment of quality control standards and procedures
• Implementation of work-life balance initiatives
• Action plan based on Japan’s Act on the Promotion of Women’s Participation and Advancement in the Workplace
• CSR Procurement Guidebook and Supplier Code of Conduct
• Supplier Compliance Hotline
• Internal and external consultation services for compliance matters
• Regular meetings with labor union to discuss working conditions and working hours

Supply Chain Management

Responsible Procurement

• Fair and transparent trading
• Compliance with laws and regulations
• Green Procurement Standards
• Glory CSR Procurement Guidebook and Supplier Code of Conduct
• CSR voluntary checklist
• Supplier Compliance Hotline

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001

Awards & Recognition

• Certified Health and Productivity Management Organization 2020
• Furusato (home) Himeji Award

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions from new products by an average of 11.1% (target achieved for 7 of 14 models, designated as G-Eco products)
• Reduced annual average energy consumption per employee by 2.2% (base year: fiscal year 2010)
• Reduced volume of waste generated by an average of 1.4% (base year: fiscal year 2010)
• 100% achievement ratio for yearly plans in biodiversity preservation activities

Social Achievements

• Introduced teleworking and a work-at-home program
• Implemented Glory Business College training for future executives
• Increased representation of female new graduate hires to 18.6%
• Re-employed 52 out of 59 employees who had reached retirement age

Governance Achievements

• Transitioned to a company with an Audit & Supervisory Committee
• Amended the Corporate Governance Guidelines
• Strengthened risk management activities and communicated to Glory Group companies
• Strengthened compliance management and communicated to Glory Group companies

Climate Goals & Targets

Environmental Challenges

• Rapid changes in the market due to the evolution of a cashless society and advances in AI and IoT
• Global pandemic of novel coronavirus
• Need to pioneer products and markets through its own efforts and start up new businesses and new markets

Mitigation Strategies

• Developing new business domains under the Basic Policy of strengthening collaboration with various partners to solve social issues
• Acquiring Cash Payment Solutions GmbH and forming a capital and business alliance with SOCASH PTE. LTD.
• Enforced working from home and allowed staggered commuting to prevent infection during COVID-19 outbreak
• Strengthening risk management activities and communicating to Glory Group companies

Supply Chain Management

Supplier Audits: 451 primary suppliers surveyed in 2019 (98% response rate)

Responsible Procurement

• Glory CSR Procurement Guidebook
• Glory Supplier Code of Conduct
• Green Procurement Standards
• CSR voluntary checklist

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards 2016 and 2018, 2018 edition of Environmental Reporting Guidelines, Ministry of the Environment, Japan, UN Global Compact

Certifications: ISO 14001, ISO 9001, ISO 27001 (GCAN Center)

Sustainable Products & Innovation

• G-Eco products (at least 15% better energy efficiency than existing products)

Awards & Recognition

• Certified Health and Productivity Management Organization 2020
• Furusato (home) Himeji Award

Environmental Metrics

ESG Focus Areas

• Environment
• Human resource initiatives
• Society
• Governance

Environmental Achievements

• Reduced energy consumption per employee by 2.2% (base year: fiscal year 2010)
• Reduced CO2 emissions from new products (average reduction of 11.1%)
• 15.9% decline in CO2 emissions from parts and materials procured (Scope 3, Category 1)
• 15.8% decline in CO2 emissions from product usage (Scope 3, Category 11)
• 18.9% decline in CO2 emissions from transportation and shipping (Scope 3, Category 4)
• 33.0% decline in CO2 emissions from product disposal (Scope 3, Category 12)
• 12.6% decline in energy-induced CO2 emissions (Scope 1 & 2)

Social Achievements

• Implementation of work-style reform (teleworking, flextime)
• Implementation of Glory Business College training for future executives
• Continued job-level-specific training
• 98% response rate for CSR voluntary checklist survey (GLORY LTD.)
• 95% response rate for CSR voluntary checklist survey (GLORY Products Ltd.)
• 76% response rate for CSR voluntary checklist survey (GLORY IPO Asia Ltd.)

Governance Achievements

• Transitioned to a company with an Audit & Supervisory Committee
• Amendment of the Corporate Governance Guidelines (June 2019 and June 2020)
• Reinvigorated, streamlined, and digitized Board meetings
• Strengthened supervisory functions of the Board
• Unification of risk assessment items and criteria with overseas Group companies
• Implementation of Glory's business continuity plan (BCP) training
• Implementation of job-level-specific compliance education for Glory and Group companies

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: 451 primary suppliers (GLORY LTD.), 62 primary suppliers (GLORY Products Ltd.), 80 primary suppliers (GLORY IPO Asia Ltd.)

Responsible Procurement

• CSR voluntary checklist
• CSR-oriented procurement worldwide

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, ISO 26000, UN Global Compact

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 4, 5, 7, 8, 9, 10, 12, 13, 16, 17

Glory is striving to address such global challenges and contributes to the realization of a sustainable society by achieving SDGs through its business operations.

Sustainable Products & Innovation

• 7 G-Eco products

Awards & Recognition

• Not disclosed