H.I.S. Co., Ltd.
Climate Impact & Sustainability Data (2018, 2021)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Expansion of the travel market
- Practice of diversity and inclusion (D&I)
- Pursuit of customer satisfaction
- Improvement of employee satisfaction
- Contribution to the local community and society
Environmental Achievements
- CO₂排出量を2017年度比で3.4%削減
Social Achievements
- Cool Japan Travel Fair in Jakarta (190,000 visitors)
- Launched a travel consultant licensing system (601 consultants, 50 senior consultants)
- Implemented four diverse ways of working (side hustles, re-employment, flexi-time expansion, teleworking)
- Cambodia elementary school construction & exchange project
- Supported V-Varen Nagasaki
Governance Achievements
- Strengthened corporate governance structure
- Implemented NPS surveys nationwide
Climate Goals & Targets
Medium-term Goals:
- Expansion of the travel market
- Promotion of diversity and inclusion
Environmental Challenges
- Employee satisfaction down 2.8 points from previous year (49.3% affirmative response to 'fulfilling workplace')
Mitigation Strategies
- Implementing work style reforms, including flexi-time, to improve employee satisfaction
- Creating a system to better share new initiatives and policies
Supply Chain Management
Responsible Procurement
- Safety and quality assurance standards for land operators
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SDGs
Awards & Recognition
- 2018 Taiwan Tourism Contribution Award
- The 4th Japan Tourism Awards
- UNWTO Special Ethics Award
- 2017 Nikkei Superior Products and Services Awards (Henn na Hotel)
- Kumamoto Labor Bureau Director’s Award
- Nishi Ichi Gourmet Championship 2017 (2nd place)
- Tour Grand Prix 2018
Reporting Period: 2021
Environmental Metrics
Climate Goals & Targets
Long-term Goals:
- Aiming to turn profitable as soon as possible.
- Expanding market share through speedy management.
- Nurturing new pillars of profits that create the value of H.I.S.
Medium-term Goals:
- Improvement in capital adequacy ratio (20% or more as the 1st step).
- Accumulation of equity capital with profit, reduction of interest-bearing debts.
Short-term Goals:
- Cost reductions.
- CAPEX control.
- Securing liquidity on hand.
- Fund raising.
Environmental Challenges
- Continued travel restrictions in Japan and other countries.
- Cooling of demands caused by the prolonged state of emergency.
- Sharp rise in the procurement price of electric power in the energy business.
- Spread of the new variant (Omicron) and travel restrictions.
- Impact of the revision of accounting treatment for inappropriate transactions related to “Go To Travel” business.
Mitigation Strategies
- Cost reductions.
- Securing cash on hand (sale and leaseback of the head office building and sale of investment properties).
- Strengthened domestic travel business and expanded product lineup.
- Improved productivity by reducing costs and promoting DX.
- Seconded employees to companies outside of H.I.S. Group and reduced the number of sales offices.
- Reduced cash outflow.
- Strategic business alliances in various fields.
- Promoting a Carbon-Free Society.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Plans for offsetting CO2 emissions by the traveler’s own travel
Awards & Recognition
- Corporate Innovation Award at PLUG AND PLAY Winter EXPO