Climate Change Data

TSI Holdings

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:10,884 t-CO2e (FY02/2022)

ESG Focus Areas

  • Climate Change
  • Raw Materials
  • Waste
  • Water Resources
  • Fair Labor Conditions
  • Local Community
  • Diversity
  • Health & Safety
  • Employee Wellbeing

Environmental Achievements

  • Reduced Scope 1 & 2 CO2 emissions from 12,097 t-CO2e in FY02/2020 to 10,884 t-CO2e in FY02/2022. Aiming for a 30% reduction by FY02/2025 (base year FY02/2020).
  • Developing biodegradable materials (Toska Banok ECO product)
  • Initiatives to reuse hangers and other auxiliary materials to minimize waste.
  • OVERDYE PROJECT regenerating usable clothes.

Social Achievements

  • Launched initiatives to improve employee satisfaction (eNPS) and conduct regular surveys.
  • Achieved a 98% return-to-work rate after childcare leave.
  • Implemented various initiatives to promote diversity and inclusion, including a special subsidiary for employing disabled individuals.
  • Nano Universe produced a nursery school staff uniform.

Governance Achievements

  • Established an SDGs Promotion Office.
  • Revised the code of conduct for business partners and expanded its coverage to all suppliers.
  • Implemented a system for auditing group business from an expert perspective.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
  • Achieve zero fashion loss by 2030.
  • Constructing a circulation business model that does not generate waste.
Medium-term Goals:
  • Achieve 100% traceability of major raw materials.
  • Compile and publish roadmap for switching to raw materials with a low environmental impact.
  • Reduce amount of waste in manufacturing processes by 2030.
  • Acquisition of supplier code of conduct signatures and establishment of management and operation system for all suppliers and designated inspection plants with the TSI Group by 2025
Short-term Goals:
  • Reduce CO2 emissions by 30% by FY02/2025 (base year FY02/2020).

Environmental Challenges

  • High CO2 emissions in the apparel industry (approximately 8% of all industries).
  • High water consumption in cotton production and dyeing processes.
  • Large amounts of textile waste (92 million tons discarded annually).
  • Human rights violations in the supply chain (e.g., forced labor).
Mitigation Strategies
  • Switching to renewable energy for shops, workplaces, and plants.
  • Improving traceability of raw materials and switching to more environmentally friendly options.
  • Reducing water usage in manufacturing processes.
  • Building a circulation business model to minimize waste and reuse resources.
  • Implementing a code of conduct for business partners to address fair labor conditions and human rights.

Supply Chain Management

Supplier Audits: Confirmation of CSR initiatives from ~200 major suppliers (2018); Expanding to all suppliers from 2021.

Responsible Procurement
  • TSI code of conduct for business partners; Improving traceability of raw materials; switching to more environmentally friendly materials.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, SDGs

Sustainable Products & Innovation

  • Biodegradable materials (Toska Banok ECO product)
  • Upcycled products (human woman remakes)