ITOCHU Techno-Solutions Corporation

Climate Impact & Sustainability Data (2023-03-31)

Total Carbon Emissions:14,885 t-CO2e (Scope 1+2) and 1,897,665 t-CO2e (Scope 3) in FY2022

Scope 1 Emissions:345 tCO2e in FY2022

Scope 2 Emissions:14,540 tCO2e in FY2022

Scope 3 Emissions:1,897,665 tCO2e in FY2022

Reduced Scope 1 and 2 emissions by 17% and Scope 3 emissions by 23% (vs. FY2021)
Developed Cloud-based platform ReRAS to support predictions of renewable energy generation and supply-demand management
Formulated the 2050 CTC Group Environmental Declaration with new targets for reducing GHG emissions

Introduced an AI-based pilot program to match sponsors with sponsorship recipients under the Career Sponsorship Program (CSP)
Established the Diversity Committee as an advisory committee to the Board of Directors
Increased donations by 36% year on year to support initiatives

Improved effectiveness and evaluations found the Board has been appropriately operating since fiscal 2021
Increased the independent outside director ratio of the Board to over 50%
Incorporated the evaluation results of measures to achieve materiality into the director remuneration system

Long-term Goals:

Medium-term Goals:

Short-term Goals:

Reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 22.5% compared with the fiscal 2021 level by fiscal 2030

Economic slowdown due to yen depreciation, rising raw material costs
Shortage of IT-proficient human resources due to population aging and decline in the birthrate
Global economic recession as a result of the Ukraine crisis
Intensification of competition for businesses for telecom carriers
Loss of business opportunities due to a shortage of semiconductors
Rapid foreign exchange rate fluctuations
Negative impacts on business continuity from damage to facilities and supply chain disruption caused by weather disasters

Maintaining the internal structure to identify and share information about changes in the macroeconomy and trends in IT investment at customers
Providing advanced products and services, aiming to optimize group organizational structures and provide high-value-added solutions
Building an information management system
Acquiring various certifications
Survey of and response to personal information protection laws in various countries
Strengthening control of the entire Group, including domestic and overseas consolidated subsidiaries
Continuing to take disaster prevention and mitigation measures related to our business continuity plan (BCP)
Promoting effective teleworking
Optimizing product and service provision based on relations of trust with major domestic and overseas vendors
Forming relationships with multiple vendors to prevent a dependence on specific vendors
Sharing accurate information with customers and proposing ideal response measures
Utilizing foreign exchange contracts and foreign currency deposits according to specific transaction types

Increase in costs to respond to the tightening of regulations related to CO2 emissions and new political measures and regulations

Increase in demand reflecting the use of IT for efficient energy use and energy conservation
Increase in demand for products and services that contribute to the development of renewable energy
Market expansion driven by simulation technologies and services that contribute to the development of new technologies

Frameworks Used: TCFD

Certifications: ISO 14001, ISO/IEC 27001, ISO 27017, JIS Q 15001, JIS Q 27017, JIS Q 41001

Third-party Assurance: Socotec Certification Japan

AA rating from MSCI
Inclusion in JPX-Nikkei Index 400
Inclusion in Sompo Sustainability Index
Prime Status from ISS ESG
Third-level “Eruboshi” certification
Kurumin certification
Tokyo Sports Promotion Company certification
Gold rating in PRIDE Index 2022
Certified Health & Productivity Management Outstanding Organizations for seven consecutive years
Inclusion in FTSE Blossom Japan Index
Inclusion in MSCI Japan ESG Select Leaders Index
Inclusion in MSCI Japan Empowering Women Index
Inclusion in S&P/JPX Carbon Efficient Index