Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Safety and Security
• Regional Development
• Employee Well-being
• Compliance

Environmental Achievements

• Reduced CO2 emissions by approximately 37% compared to FY2014.
• Converted approximately 70,000 liters of waste cooking oil annually into biodiesel fuel.
• Introduced electric buses on a fixed route, the first case in Japan where all vehicles on a route are electric.

Social Achievements

• Launched the BIOSTYLE PROJECT, incorporating the concept of SDGs.
• Opened GOOD NATURE STATION, a commercial complex embodying BIOSTYLE.
• Implemented various initiatives to improve accessibility at stations.
• Received the Kurumin Mark for supporting childcare (Keihan Holdings, Keihan Electric Railway, Keihan Hotels & Resorts, Zero Corporation).

Governance Achievements

• Established the Sustainability Committee to enhance ESG management.
• Established a technical committee on environmental management.
• Disclosed information in line with TCFD recommendations.
• Established a compliance hotline system.

Climate Goals & Targets

Environmental Challenges

• Decreased passenger demand due to the COVID-19 pandemic.
• Aging infrastructure and population decline in some areas.
• Climate change risks (extreme weather, rising energy costs).
• Decreasing workforce.

Mitigation Strategies

• Implemented structural reforms to improve profitability.
• Undertook redevelopment projects in Hirakatashi, Yodoyabashi, and Nakanoshima.
• Introduced energy-saving measures and renewable energy sources.
• Developed a management structure that can withstand severe market environments.
• Promoted work-style reform and employee well-being initiatives.

Supply Chain Management

Responsible Procurement

• Traceability system for Miyazaki Herb Premium beef
• Cooperation with producers for organic agricultural products

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Floods

Transition Risks

• Carbon taxes
• Increased electricity costs
• Diesel vehicle regulations

Opportunities

• Increased demand for environmentally superior public transportation
• Expansion of MaaS services

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: WELL Certification (GOOD NATURE HOTEL KYOTO), LEED Certification (GOOD NATURE HOTEL KYOTO), Sakura Quality (THE THOUSAND KYOTO, Biwako Hotel), DBJ Green Building Certification (Keihan Yodo Logistics Yard)

Sustainable Products & Innovation

• NEMOHAMO cosmetics
• GOOD NATURE MARKET food products

Awards & Recognition

• Environmental conservation contributor’s award from Kyoto Prefecture
• Mécénat Awards (Nakanoshima cultural activities)

Environmental Metrics

ESG Focus Areas

• Conserve the global environment
• Redevelop Keihan areas
• Co-create experience value

Environmental Achievements

• Introduced six sets of energy-saving 13000-series train cars
• Introduced electric vehicles for the Station Loop Bus service
• Opened the glamping facility Everglades Biwako
• Developed ZEH condominiums

Social Achievements

• Launched a service to install PV power generation equipment at no initial cost to residents in newly built detached houses for sale in the real estate sales business
• Promoting the installation of PV power generation equipment, etc. at Group-owned facilities
• Considering participation in a program to install PV power generation equipment outside of the Group’s premises
• Purchasing J-Credits, non-fossil certificates, etc.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Suspension of operations and losses due to intense disasters
• Decreasing number of customers and labor shortage due to a declining population
• Local economy shrinkage or its acceleration
• Impact of changes in lifestyles and work styles on existing business models

Mitigation Strategies

• Implementing a three-year action plan to return to a growth trajectory
• Embodying BIOSTYLE in each business and taking on the challenge of making BIOSTYLE a source of value-added improvements in existing businesses and the creation of new businesses
• Pursuing profit levels higher than those of pre-pandemic levels by steadily capturing recovering and increasing demand, while maintaining the results of Structural Reform to date

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• intense disasters

Transition Risks

• Not disclosed

Opportunities

• Increasing demand for products and services that contribute to the solution of social issues
• Recovery and expansion of tourism demand
• Acceleration of community building by the private sector through the utilization of public spaces, etc.
• Increasing demand for new products and services due to changing lifestyles and technological innovations such as AI and IoT

Reporting Standards

Frameworks Used: Null

Certifications: Sakura Quality: A Clean Practice

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

• Conserve the global environment
• Creation of businesses that contribute to the solution of social issues
• Operation in consideration of the environment and society
• Organization and human resources that continue to grow
• Sustainable and strong management foundation

Environmental Achievements

• Promoting BIOSTYLE Environmental Action 2030, aiming to reduce CO2 emissions by 46% by FY2031 (compared to FY2014), with a goal of net-zero CO2 emissions by FY2051 (Scope 1 & 2 for nine companies)

Social Achievements

• Developing products and services that contribute to the solution of social issues (BIOSTYLE)
• Strengthening the housing regeneration business, contributing to the regeneration of urban districts
• Developing and marketing environment-conscious houses and offices, such as ZEHs

Governance Achievements

• Implementing a three-year action plan to return to a growth trajectory
• Strengthening the management foundation through DX and human resource strategies

Climate Goals & Targets

Environmental Challenges

• Decreasing number of customers and labor shortage due to a declining population
• Local economy shrinkage
• Impact of changes in lifestyles and work styles on existing business models
• Suspension of operations and losses due to intense disasters

Mitigation Strategies

• Establishment of a system to respond to changes in demand through structural reform
• Implementing measures based on Safety & Security, Structural Reform, and BIOSTYLE
• Developing new products and services that meet diversifying values and lifestyles
• Promoting the acquisition of land for development and rental properties
• Developing and acquiring non-residential real estate assets

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• ZEHs
• wood-frame buildings
• organic cosmetics (NEMOHAMO)
• sweets (RAU)
• food products using discarded materials (GOOD NATURE MARKET)