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
- Increase the number of female group managers to at least 30% by April 2018 (Recruit Group)
- 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
- 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
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
- Achieve carbon neutrality across the entire value chain by FY2031.
- 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.
- 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
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
- Not disclosed
- 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.
- 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