GMO Internet Group, Inc.
Climate Impact & Sustainability Data (2023, 2024-07 to 2024-09, 2024-09, FY2022 Q3, FY22 to FY23)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:106,413.7 tCO2e/year
Scope 1 Emissions:38.0 tCO2e/year
Scope 2 Emissions:1,335.3 tCO2e/year
Scope 3 Emissions:105,040.4 tCO2e/year
ESG Focus Areas
- Environment
- Social
- Governance
Social Achievements
- Increased employee training hours significantly from 4,082 in 2022 to 10,737 in 2023.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-07 to 2024-09
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Social Achievements
- Partner (employee) satisfaction improvements (implied by focus on employee wellbeing and growth)
Governance Achievements
- Introduction of Group Executive Officer system
- Strengthened corporate governance
Climate Goals & Targets
Environmental Challenges
- Potential for additional loan loss provisions in Thai securities business due to declining collateral value
Mitigation Strategies
- Active debt collection under new contracts in Thai securities business
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Reporting Period: 2024-09
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Governance Achievements
- Introduced Group Executive Officer system
- Achieved MSCI ESG rating of "BBB" in April 2024
- FTSE ESG Ratings improved from 1.2 to 2.8
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Reporting Period: FY2022 Q3
Environmental Metrics
Social Achievements
- Reached nearly 50% creators among 7213 partners by September 2022, a goal set in 2011.
Climate Goals & Targets
Environmental Challenges
- Difficult conditions in the FX business, resulting in decreased profitability.
- Reactionary decline in cryptoassets due to a difficult market environment and sluggish transaction volume.
- Decline in the FX profit margin due to higher costs associated with cover transactions.
Mitigation Strategies
- Developing alternative strategies for the FX business.
- Controlled management of marketing investments in the GMO Coin exchange business.
- Monitoring trends in the foreign exchange market and aiming to improve internal initiatives and profitability.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY22 to FY23
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Social Achievements
- “GMO健康経営宣言” and subsequent recognition as a “Health & Productivity Management Excellent Company 2023” by the Ministry of Economy, Trade and Industry and the Japan Health and Productivity Conference.
Governance Achievements
- Updated CG report
- Introduction of Group Executive Officer system
- Expanded ESG disclosure (ESG data disclosure)
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Awards & Recognition
- Health & Productivity Management Excellent Company 2023