ASANUMA CORPORATION
Climate Impact & Sustainability Data (2023, FY2022 Q2, FY2023 Q2)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced CO2 emissions by 85% compared to rebuilding as a new building in a renovation project.
- Reduced energy consumption by 52% compared to pre-renovation in a project that achieved ZEBready certification.
- Introduction of Environmentally Conscious Concrete in Construction
- Introduction of 100% renewable energy power to all new construction sites
Social Achievements
- Promoting cooperation with subcontractors through initiatives like the Construction Carrier-Up System (CCUS) and Asanuma Meister program.
- Full cash payment of all payments from January 2020
- Supporting various social contribution activities, including sponsoring the Japan Blind Tennis Federation and the Japan Physically Disabled Baseball Federation.
- Providing exhibition space for art events and holding open days at construction sites for local residents and students.
Governance Achievements
- Strengthened corporate governance with a board including outside directors and a majority of outside audit & supervisory board members.
- Implemented a restricted transfer stock compensation system.
- Strengthened IR through briefings for institutional and individual investors.
Climate Goals & Targets
Medium-term Goals:
- Reduce CO2 emissions per 100 million yen of construction to 50% by FY2030 and 70% by FY2050 compared to FY1990
- Reduce total CO2 emissions by 73% by FY 2030 and 84% by FY 2050 from FY1990 levels
Environmental Challenges
- Decline in the productive labor force in the construction sector.
- Momentum to improve corporate reputation through non-financial management activities (ESGs, SDGs, etc.)
Mitigation Strategies
- Promoting cooperation with subcontractors
- Promoting DX
- Promotion of "Eco-Friendly ASANUMA21"
- Promoting Sustainability
- Corporate governance
Supply Chain Management
Responsible Procurement
- Partnership Building Declaration
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Certifications: ZEBready, WELL Certification Gold
Awards & Recognition
- crQlr Awards2022 Urbanism Prize
- Sky Design Awards 2022 Silver Prize
- 1st SDGs Building Award Semi-Grand Prix
- Chubu Architecture Award
Reporting Period: FY2022 Q2
Environmental Metrics
ESG Focus Areas
- Decarbonization
- Building Renovation
- Cooperation with Subcontractors
- DX Promotion
- Sustainability
- Human Rights
- Biodiversity
Environmental Achievements
- Reduced CO2 emissions per JPY100 million of construction by 43.3% in FY2021 compared to FY1990 (Scope 1 and 2). Total CO2 reduction of 67.7% in FY2021 compared to FY1990 (Scope 1 and 2).
- Developed low-carbon concrete reducing CO2 emissions by 50% compared to ordinary concrete.
- Introduced 100% renewable energy at some worksites in FY2022, expanding to all new sites in FY2023.
- Achieved gold rank WELL certification for Nagoya branch renovation (first in Japan for a building over 30 years old).
Social Achievements
- Introduced Construction Career-Up System to improve construction technician compensation.
- Established Asanuma Meister system to recognize and reward outstanding worksite chiefs.
- Resumed training sessions for Yayoi Kai subcontractor group.
- Implemented a productivity improvement award system for collaboration with subcontractors (4th year, 69 editions).
Governance Achievements
- Established Sustainability Promotion Committee to oversee environmental management and TCFD-related activities.
- Formulated and disclosed human rights and procurement policies.
- Declared support for partnership building with supply chain partners at Keidanren conference.
- Took disciplinary action against employee involved in legal issue and reduced director remuneration.
Climate Goals & Targets
Medium-term Goals:
- Reduce CO2 emissions per JPY100 million of construction by 50% by FY2030 and 70% by FY2050 compared to FY1990.
- Reduce total CO2 emissions by 73% by FY2030 and 84% by FY2050 compared to FY1990.
Short-term Goals:
- Increase operating income from Building Renovation Business to 35% of consolidated operating income in FY2023.
Environmental Challenges
- Shortage of labor due to aging workforce.
- High material costs (iron costs up 80% from two years prior).
- Suspension of nominations as a qualified bidder by some local governments due to employee misconduct.
Mitigation Strategies
- Initiatives to improve subcontractor compensation and training.
- Efforts to improve efficiency through DX and technology adoption.
- Strengthening compliance and restoring confidence in the company.
- Successfully mitigating the impact of high material costs without significant order losses.
Supply Chain Management
Responsible Procurement
- Human rights policy
- Procurement policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Certifications: WELL
Sustainable Products & Innovation
- Low-carbon concrete
- Seismic strengthening technologies (CCB method, PRS joint filling method)
Awards & Recognition
- Good Design Award (Nagoya branch renovation)
Reporting Period: FY2023 Q2
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental initiatives (CO2 reduction)
- Social contribution activities (sports for the disabled)
- Digital transformation
Environmental Achievements
- Established CO2 reduction targets for FY2030 and FY2050, raising targets for Scope 1 emissions based on FY2022 results. Set a new target for Scope 3 Category 11 CO2 emissions.
Social Achievements
- Sponsorship and support of sports for the disabled (Japan Dream Baseball League, Japan Blind Tennis Federation), including volunteer activities.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Achieve 35% of consolidated operating profit from renovation business by the end of FY2024.
Environmental Challenges
- Rising construction costs due to soaring material prices (supply chain disruptions, increased demand post-COVID-19, invasion of Ukraine), and soaring labor costs due to labor shortages.
- Decline in the working population in the construction industry.
Mitigation Strategies
- Focus on renovation business ('ReQuality') to diversify revenue streams.
- Digital transformation initiatives, including the development of "GEMBA (construction site) Trainer" software to address labor shortages and improve training efficiency.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- ReQuality renovation technologies (advanced RC examination, Kantsuchi blocks)
Awards & Recognition
- Good Design Best 100
- SG Mark (Singapore Good Design Award)