Climate Change Data

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)