Adastria Co., Ltd.
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Diversity
- Environmental Sustainability (Climate Change, CO2 emissions reduction)
- Sustainable Fashion
- Governance
Environmental Achievements
- Achieved zero incineration of leftover clothing inventory since fiscal 2020.
- Increased the percentage of products bearing the company's original Sustainable Mark to 17.2% as of February 2024.
- Completed identification and disclosure of CO2 emissions (Scope 1, 2, and 3) on a domestic consolidated Group basis.
Social Achievements
- Increased the ratio of women in management positions to 33.7% (as of February 2024), aiming for 45% by February 2025.
- Increased the ratio of women in senior management positions to 18.7% (as of February 2024), aiming for 30% by February 2025.
- Established an anonymous whistle-blowing system (Whistle Line), anti-harassment training for all domestic group employees, and a program related to health issues specific to women.
- Established the Adastria Health Insurance Association to provide health and welfare services tailored to the characteristics of its employees.
Governance Achievements
- Transitioned to a company with an Audit and Supervisory Committee to improve corporate governance.
- Established a Sustainability Committee to strengthen the pursuit of strategies in non-financial areas.
- Established a Nomination and Compensation Advisory Committee to ensure fairness, appropriateness, and transparency in nominating directors and determining director compensation.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050.
Medium-term Goals:
- Transition more than half of all products to sustainable raw materials and processing by 2030.
- Achieve carbon neutrality by 2050.
Short-term Goals:
- Increase the ratio of women in management positions to 45% by February 2025.
- Increase the ratio of women in senior management positions to 30% by February 2025.
Environmental Challenges
- Supply chain disruptions due to natural disasters
- Climate change related risks
- Achieving gender diversity targets in senior management
Mitigation Strategies
- Monitoring CO2 emissions in the supply chain and implementing measures to reduce emissions (LED lighting, solar power generation, optimized transportation routes, low-impact materials, reduced shopping bag use).
- Supporting the Task Force on Climate-related Financial Disclosures (TCFD) and identifying climate change-related risks and opportunities.
- Setting specific targets and a roadmap for increasing the number of women in management and senior management positions.
- Developing a succession plan for representative directors.
Supply Chain Management
Responsible Procurement
- Adastria Group Procurement Policy and Group Procurement Guidelines
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Supply chain disruptions due to natural disasters
Reporting Standards
Frameworks Used: TCFD
Sustainable Products & Innovation
- Products using sustainable raw materials and processing