Climate Change Data

Recruit Holdings Co., Ltd.

Climate Impact & Sustainability Data (2017, 2018-04 to 2019-03, 2020-04 to 2021-03, 2021-04 to 2022-03, 2022-04 to 2023-03)

Reporting Period: 2017

Environmental Metrics

ESG Focus Areas

  • Employment support
  • Supporting young people
  • Career education support
  • Diversity
  • Work-life balance / Work style innovation
  • Environmental preservation
  • Community contribution
  • Donations

Environmental Achievements

  • Reduced paper use by implementing electronic documentation, saving around ¥9 million annually (The CSI Companies)
  • Reduced CO2 emissions from mobility by focusing on reducing car usage and providing electric scooters and bicycles (USG People)
  • Achieved ISO 14001 Environmental Management System Certification (Recruit Group)

Social Achievements

  • Launched ‘iction! Kamuba! (Comeback!)’ program, helping 200,000 women prepare for return to work (Recruit Holdings)
  • Implemented Honki no Shushoku / WORKFIT program, supporting young people in job searching (Recruit Holdings/RGF)
  • Established And’s on-site daycare center, increasing the proportion of women returning to work after maternity leave (Recruit Holdings)
  • Increased percentage of female group managers to 27.0% by April 2017 (Recruit Group)
  • Received various awards recognizing diversity initiatives and workplace environment (multiple companies)

Governance Achievements

  • Established CSR policy with three guiding principles and five core themes (Recruit Group)
  • Introduced remote work system for approximately 4,000 employees (Recruit Group)
  • Implemented mandatory childcare leave for male employees (Recruit Communications and Recruit Marketing Partners)

Climate Goals & Targets

Medium-term Goals:
  • Increase the number of female group managers to at least 30% by April 2018 (Recruit Group)
Short-term Goals:
  • Reduce CO2 emissions from office buildings by 25% by fiscal year 2020 compared with fiscal year 2008 levels in Japan (Recruit Group)

Environmental Challenges

  • Growing number of young people struggling to find work (Supporting Young People section)
  • Need to improve work-life balance and empower employees (Diversity section)
Mitigation Strategies
  • Various programs and services to help young people become more independent (Supporting Young People section)
  • Initiatives to promote work-life balance, including remote work systems and childcare support (Work-Life Balance / Work Style Innovation section)
  • Diversity for ALL Project “Be a DIVER!” to draw out the abilities of each employee (Diversity section)

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Great Place to Work (Indeed)
  • Japan Partnership Award (Recruit Holdings)
  • J-Win Diversity Award (Recruit Holdings)
  • Cannes Lions 2017 (Recruit Lifestyle / Recruit Communications)
  • Best of Staffing® Client Award and Talent Award (The CSI Companies)
  • Best in Staffing-Client Diamond Award (Staffmark)
  • Best Employer of Choice for Gender Equality (Peoplebank)
  • Best Recruitment Company to Work For (Peoplebank)
  • Champion Employer of 2017 (Chandler Macleod)
  • Best Multinational Workplace in Europe 2017 (USG People)
  • Best Workplace for Millennials 2017 and Best Workplace in Consulting & Professional Services 2017 (Indeed)

Reporting Period: 2018-04 to 2019-03

Environmental Metrics

ESG Focus Areas

  • Diversity & Inclusion
  • Human Rights
  • Environmental Sustainability
  • Compliance
  • Reduced Inequalities

Environmental Achievements

  • 42% CO2 reduction compared to FY2008 (in Japan)
  • 100% of leftover free information magazines are collected and recycled (Japan)
  • 15 companies in the Group with ISO14001 certification (14 in Japan, 1 in the UK)

Social Achievements

  • Launched Indeed Assessments in 2018, helping employers screen candidates more efficiently
  • Over 1,100 people with disabilities hired as agency staff in 2018 at Start People France
  • 41.7% of managers globally are female
  • Various initiatives to support work-life balance for employees in Japan, including on-site daycare and extended paternity leave
  • Career Cafe 28 provides training for female employees on career planning and work-life balance
  • WORK FIT program supports job seekers facing various challenges
  • Support for athletes' careers through partnerships

Governance Achievements

  • Strengthened Group-wide compliance system
  • Established SBU Risk Management Committees
  • Established a policy of including at least one female Director candidate in the proposal for Director appointment at the Ordinary General Meeting of Shareholders to be held in June 2021

Climate Goals & Targets

Environmental Challenges

  • Rapid technological change and its associated risks (data security, cybersecurity, AI bias)
  • Competition in various industries
  • Maintaining privacy of user data and complying with evolving data protection regulations
  • Economic uncertainty in key operating markets
  • Attracting and retaining qualified employees
  • Executing business strategy effectively
  • Risks associated with acquisitions and strategic alliances
  • Risks associated with global operations
  • Potential for reputational damage
  • Reliance on third-party service providers
  • Ineffective advertising, sales, and marketing efforts
  • Exposure to natural disasters and other unforeseen events
  • Potential impairment of non-current assets
  • Potential additional tax liabilities
  • Fluctuations in currency exchange rates
  • Reliance on borrowings
  • Fluctuations in operating results
  • Stock price volatility
Mitigation Strategies
  • Established Risk Management Committees within each SBU and at Recruit Holdings
  • Strengthened cybersecurity projects with additional expert engineers
  • Continuous innovation and improvement of existing services
  • Unit Management System in Staffing SBU to enhance local decision-making and accountability
  • Implementation of the Recruit Group Code of Ethics and Compliance Policy
  • Group-wide compliance initiatives (Tone at the Top messages, employee training, KPIs for compliance)
  • Internal whistleblowing system
  • Sustainability Orbit framework to manage sustainability initiatives
  • Active engagement with stakeholders
  • Due diligence reviews of acquisition targets
  • Hedging strategies for foreign currency exchange rate risk
  • Business continuity plan for natural disasters and other unforeseen events
  • Regular monitoring of risks and compliance

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001

UN Sustainable Development Goals

  • SDG 1: No Poverty
  • SDG 4: Quality Education
  • SDG 5: Gender Equality
  • SDG 8: Decent Work and Economic Growth
  • SDG 10: Reduced Inequalities
  • SDG 13: Climate Action

Recruit Group's services and initiatives contribute to these SDGs through various programs and business activities.

Awards & Recognition

  • Encouragement Prize by the Minister of Internal Affairs and Communications (Recruit-CSIRT)

Reporting Period: 2020-04 to 2021-03

Environmental Metrics

ESG Focus Areas

  • Climate Action
  • Social Impact
  • Corporate Governance

Environmental Achievements

  • Achieved carbon neutrality throughout business activities in 2021

Social Achievements

  • Launched Indeed Interview, a video interview solution
  • Hosted thousands of free virtual hiring events
  • Partnered with Goodwill and Shaw Trust to help job seekers facing barriers
  • Shortened interview process through Indeed Hiring Platform

Governance Achievements

  • Established a system for the Board of Directors to monitor and discuss ESG progress
  • Designated COO as responsible person for corporate governance, including ESG
  • Released Personal Data Policy and established Privacy Center

Climate Goals & Targets

Medium-term Goals:
  • Achieve gender parity across all employee levels by 2030
  • Become carbon neutral throughout the entire value chain by 2030
  • Shorten the time to get hired by half by 2030
  • Help 30 million people facing barriers get hired by 2030

Environmental Challenges

  • COVID-19 pandemic impacting hiring processes and job security
  • Systemic labor market biases and barriers
  • Unconscious biases in hiring processes
Mitigation Strategies
  • Developed Indeed Hiring Platform to automate hiring processes
  • Launched virtual hiring events and video interview solutions
  • Partnered with organizations to support job seekers facing barriers
  • Instituted "Week of the Anonymous CV" to reduce unconscious bias

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • Goal 1
  • Goal 5
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 13

Initiatives contribute to ending poverty, gender equality, decent work, industry innovation, reduced inequalities, and climate action.

Awards & Recognition

  • Gold rating in the PRIDE Index (four years running)

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Carbon Emissions:29,070 t-CO2e (FY2021); Target: Carbon neutral by FY2031
Scope 1 Emissions:7,526 t-CO2e (FY2021)
Scope 2 Emissions:21,544 t-CO2e (FY2021)

ESG Focus Areas

  • Corporate Governance
  • Human Capital
  • Climate Change
  • Human Rights
  • Data Security and Privacy

Environmental Achievements

  • Achieved carbon neutrality in Scope 1 and 2 emissions for FY2022 (target year).

Social Achievements

  • Increased the percentage of women in senior management positions from approximately 10% to approximately 21% by April 1, 2022.
  • Launched various initiatives to improve employee engagement, including employee engagement surveys and organizational climate improvement efforts.

Governance Achievements

  • Increased the percentage of women in the Board of Directors from 20% to approximately 27% by June 22, 2022.
  • Linking a portion of long-term incentive compensation (BIP trust) for executive directors and executives to GHG emission reduction and women's representation targets starting in FY2023.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality across the entire value chain by FY2031.
Medium-term Goals:
  • Reduce time to employment by half by FY2031.
  • Support employment of 30 million people facing barriers by FY2031.
  • Achieve approximately 50% women's representation in senior management, management, and employees by FY2031.
  • Achieve approximately 50% women's representation in the Board of Directors by FY2031.
Short-term Goals:
  • Achieve carbon neutrality in Scope 1 and 2 emissions for FY2022.

Environmental Challenges

  • Climate change risks including carbon credit price increases, carbon tax implementation, and increases in lumber and transportation costs.
  • Data security and data privacy risks related to the large amount of personal information held by the group.
  • Competition in the rapidly changing technology industry.
  • Changes in the needs and preferences of individual users and corporate clients.
  • Global expansion challenges including political and economic situations, regulations, and cultural differences.
Mitigation Strategies
  • Implementing various measures to reduce GHG emissions, including energy conservation, renewable energy conversion, and remote work promotion.
  • Developing alternative sourcing strategies for materials.
  • Strengthening data security and data privacy measures, including access control, vulnerability testing, and compliance with relevant regulations.
  • Investing in new technologies and innovation to maintain competitiveness.
  • Adapting to changes in user and client needs through service improvements and development.
  • Managing global expansion risks through careful planning and adaptation to local conditions.

Climate-Related Risks & Opportunities

Physical Risks
  • Server flooding and damage
Transition Risks
  • Carbon credit price increases
  • Carbon tax implementation
  • Increases in lumber and transportation costs
Opportunities
  • Increased demand for climate change adaptation and low-carbon solutions

Reporting Standards

Frameworks Used: TCFD

Third-party Assurance: SOCOTEC Certification Japan and SCS Global Services

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:760,076 t-CO2e/year (FY2022)
Scope 1 Emissions:7,289 t-CO2e/year (FY2022)
Scope 2 Emissions:2,262 t-CO2e/year (FY2022, market-based)
Scope 3 Emissions:750,525 t-CO2e/year (FY2022)
Renewable Energy Share:100% (FY2022, for electricity at main offices)
Total Energy Consumption:122,562 MWh/year (FY2022)
Water Consumption:161,475 m3/year (FY2022)
Waste Generated:12,108 tons/year (FY2022)
Carbon Intensity:0.0028 t-CO2/Million yen (FY2022, Scopes 1 & 2)

ESG Focus Areas

  • Climate Change
  • Human Capital
  • Data Security, Cybersecurity and Data Privacy
  • Human Rights
  • Corporate Governance
  • Corporate Ethics and Compliance

Environmental Achievements

  • Achieved carbon neutrality in GHG emissions (Scopes 1 and 2) in FY2021 and FY2022.
  • Reduced GHG emissions by 62.4% in Japan compared to FY2008 by FY2020 (exceeding the target of 25% reduction).

Social Achievements

  • Increased the ratio of women among senior executives from 10% in FY2021 to approximately 22% as of April 1, 2023.
  • Implemented various employee engagement initiatives, resulting in a 100% daycare enrollment rate for employees using the company's support in FY2022.
  • Introduced a variety of employee training programs, including Indeed's Data University and Indeed Skills Academy.

Governance Achievements

  • Established the Recruit Group Code of Ethics and Recruit Group Compliance Policy.
  • Implemented a whistleblower system and escalation process.
  • Achieved ISO 27001 certification for security monitoring operations.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve carbon neutrality in GHG emissions across the entire value chain by FY2030.
  • Achieve approximately 50% female representation in senior executive roles, managerial positions, and all employee levels by FY2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Reducing Scope 3 emissions throughout the value chain.
  • Achieving gender parity across all employee levels and in the Board of Directors.
  • Maintaining data security and privacy in a rapidly evolving technological landscape.
Mitigation Strategies
  • Intensifying partnerships with other companies to reduce Scope 3 emissions.
  • Implementing various initiatives to promote gender diversity and inclusion.
  • Establishing robust data security, cybersecurity, and data privacy policies and procedures.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Green procurement policies
  • Supplier codes of conduct (Indeed, RGF Staffing).

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, ISO 27001, Privacy Mark®

Third-party Assurance: SOCOTEC Certification Japan (limited assurance for GHG emissions in FY2022)

UN Sustainable Development Goals

  • Not disclosed

The report mentions contribution to SDGs but doesn't specify which goals.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Forbes JAPAN 1st Place in “Human Capital” and “Governance”,
  • Forbes JAPAN “Women Award 2023” 3rd Place
  • Forbes JAPAN 1st Place in “Top 20 Companies with Excellent Human Capital”,
  • CDP Climate Change “A-Lister”,
  • Supplier Engagement Leader A
  • Many others listed in the report