Hoosiers Holdings Co., Ltd.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:361,907 t-CO2
Scope 1 Emissions:3,457 t-CO2e
Scope 2 Emissions:5,786 t-CO2e
Scope 3 Emissions:352,664 t-CO2e
ESG Focus Areas
- Climate Change
Governance Achievements
- Established a Sustainability Committee chaired by the Chairman and Executive Officer.
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions by FY2050.
Medium-term Goals:
- Reduce greenhouse gas emissions (Scope 1 and 2) by 50% by FY2030 compared to FY2022 levels.
Environmental Challenges
- Increase in operational costs due to carbon tax and increased carbon prices.
- Increased procurement cost of construction materials due to carbon tax.
- Increased costs to improve environmental performance of housing.
- Decreased demand for housing with low environmental performance.
- Increased funding costs due to slow decarbonization.
- Increased damages and recovery costs due to natural disasters.
- Increased risk of suspended construction due to natural disasters.
- Increased heat stress for construction workers.
Mitigation Strategies
- Increase the use of green energy.
- Accumulate development/sales know-how for ZEH specifications.
- Implement safety measures for natural disasters and temperature rises, enhance BCP measures.
- Consider procurement of low-carbon construction materials.
Supply Chain Management
Responsible Procurement
- Consider procurement of low-carbon construction materials
Climate-Related Risks & Opportunities
Physical Risks
- Escalation of natural disasters
- Rise in average temperature
Transition Risks
- Introduction of carbon tax
- Increased carbon prices
- Tightened environmental regulations
Opportunities
- Increased demand for housing with high environmental performance
- Opportunities to participate in regional development projects
Reporting Standards
Frameworks Used: TCFD