Keihan Electric Railway Co., Ltd.

Climate Impact & Sustainability Data (2021-04 to 2022-03, 2023)

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Carbon Emissions:192,690 tCO2e/year

Scope 1 Emissions:55,820 tCO2e/year

Scope 2 Emissions:136,870 tCO2e/year

Total Energy Consumption:119,413 kl (crude oil equivalent)/year

Water Consumption:2,196,000 m3/year

Waste Generated:4,589 tons/year

ESG Focus Areas

Climate Change
Safety and Security
Regional Development
Employee Well-being
Compliance

Environmental Achievements

Reduced CO2 emissions by approximately 37% compared to FY2014.
Converted approximately 70,000 liters of waste cooking oil annually into biodiesel fuel.
Introduced electric buses on a fixed route, the first case in Japan where all vehicles on a route are electric.

Social Achievements

Launched the BIOSTYLE PROJECT, incorporating the concept of SDGs.
Opened GOOD NATURE STATION, a commercial complex embodying BIOSTYLE.
Implemented various initiatives to improve accessibility at stations, including installing platform screen doors and elevators.
Received the Kurumin Mark for supporting childcare multiple times.
Received the Minister’s Prize in the 2020 New Diversity Management Selection 100.

Governance Achievements

Reorganized the Keihan Group CSR Committee as the Sustainability Committee.
Established a technical committee on environmental management.
Established a Human Resources Strategy Committee.
Expressed support for the TCFD recommendations and disclosed information in line with its framework.
Established a compliance hotline system.

Climate Goals & Targets

Long-term Goals:

Achieve net-zero CO2 emissions by FY2051.

Short-term Goals:

Reduce CO2 emissions by 46% by FY2031 (compared to FY2014).

Environmental Challenges

Significant drop in passenger demand due to the COVID-19 pandemic.
Aging infrastructure and population.
Climate change related risks (e.g., typhoons, floods).
Decreasing workforce.

Mitigation Strategies

Implemented structural reforms, including updating train schedules and reviewing business management systems.
Redeveloping Keihan areas (Hirakatashi, Yodoyabashi, Nakanoshima).
Promoting BIOSTYLE to create new value and solve social issues.
Investing in safety and security measures (e.g., platform screen doors, seismic reinforcement).
Promoting work-style reform, including activity-based working and remote work.

Supply Chain Management

Responsible Procurement

Traceability system for Miyazaki Herb Premium beef
Use of domestic lumber for housing materials
Cooperation with local producers of agricultural products, crafts and processed foods

Climate-Related Risks & Opportunities

Physical Risks

Typhoons
Floods

Transition Risks

Increased carbon taxes
Higher electricity costs
Increased demand for renewable energy

Opportunities

Increased demand for environmentally superior public transportation
Expansion of MaaS services

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: WELL Certification (GOOD NATURE HOTEL KYOTO), LEED Certification (GOOD NATURE HOTEL KYOTO), Sakura Quality (THE THOUSAND KYOTO, Biwako Hotel), DBJ Green Building Certification (Keihan Yodo Logistics Yard)

Sustainable Products & Innovation

NEMOHAMO cosmetics
GOOD NATURE MARKET food products
ZEH condominiums

Awards & Recognition

Award for Excellence (Mécénat Awards)
Minister’s Prize (2020 New Diversity Management Selection 100)
Certified Health and Productivity Management Organization

Reporting Period: 2023