Climate Change Data

株式会社ルックホールディングス

Climate Impact & Sustainability Data (2023, 2024-02-14)

Reporting Period: 2023

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

  • Governance
  • Human Capital
  • Environment

Environmental Achievements

  • Initiated greenhouse gas emission surveys and calculations for disclosure in FY2024.
  • Expanded clothing recycling at stores and switched to environmentally friendly materials.

Social Achievements

  • Established a Sustainability Committee (March 2024) to advise the President.
  • Developed and implemented action plans based on the "Act on the Promotion of Women's Participation in the Workplace" and the "Act on the Welfare of Workers Who Take Childcare Leave, etc."
  • Improved employee engagement and wellbeing through flexible work arrangements and other initiatives.

Governance Achievements

  • Appointed a Sustainability Promotion Officer in 2022.
  • Strengthened governance by establishing a Sustainability Committee (March 2024) and a Nomination and Remuneration Committee.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 14 billion yen in group EC sales and a 20% group EC sales ratio by 2028.
  • Achieve 30 billion yen in new business sales by 2028.
  • Improve ROE, PER, and aim for a PBR of 1 by 2028.
Short-term Goals:
  • Open approximately 60 new stores (30 domestic, 30 overseas) by 2028.
  • Increase group EC sales to 14 billion yen and achieve a 20% EC sales ratio by 2028.
  • Launch new brands contributing to "clothing, food, housing + beauty" value provision by 2028.
  • Achieve 30% or more women in management positions by 2028.
  • Achieve 100% male employee paternity leave rate by 2028.

Environmental Challenges

  • Economic uncertainty due to rising prices, rapid yen depreciation, and geopolitical risks.
  • EC sales underperformance in Japan despite improved store sales.
  • Difficult retail environment in South Korea due to high inflation and increased overseas spending.
  • Quality issues and product liability risks.
  • Information security risks.
  • Climate change and environmental issues (materiality assessment underway).
Mitigation Strategies
  • Developed a new medium-term management plan (FY2024-FY2028) focusing on revenue expansion, capital policy enhancement, and ESG strategy strengthening.
  • Strengthened EC business and focused on store sales.
  • Ended unprofitable businesses.
  • Implemented quality management systems and manuals.
  • Appointed an information management officer and implemented internal regulations.
  • Continued infection prevention measures for COVID-19.
  • Diversified overseas expansion and implemented hedging strategies for currency risks.
  • Developed multiple brand axes to reduce dependence on specific brands.
  • Sustainability strategy strengthening (details to be determined based on materiality assessment).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Disclosure of human rights and procurement policies to build a sustainable supply chain.

Climate-Related Risks & Opportunities

Physical Risks
  • Seasonal weather fluctuations and natural disasters.
Transition Risks
  • Changes in consumer preferences and fashion trends.
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

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2024-02-14

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Increased clothing recycling efforts
  • Switched to FSC-certified paper for packaging materials
  • Implemented greenhouse gas emissions calculation and visualization

Social Achievements

  • Improved female management ratio (13.7% in 2023, aiming for 30% in 2028)
  • Increased male parental leave rate (aiming for 100% in 2028)
  • Obtained Kurumin certification
  • Disclosed human rights and procurement policies

Governance Achievements

  • Strengthened compliance efforts
  • Established a Sustainability Committee
  • Enhanced timely disclosure and non-financial information
  • Strengthened countermeasures against imitation products

Climate Goals & Targets

Medium-term Goals:
  • Achieve ¥700 billion in sales and ¥50 billion in operating profit by 2028
  • Increase group EC sales to ¥140 billion and EC sales ratio to 20% by 2028
Short-term Goals:
  • Increase female management ratio to 30% by 2028
  • Achieve 100% male parental leave rate by 2028

Environmental Challenges

  • Decreasing customer traffic in existing facilities due to increased commercial facilities in urban and suburban areas
  • Decreasing purchase unit price of wallets due to the spread of smart payment
  • Changes in the market due to the increase of content for MZ generation and α (alpha) generation
  • Fluctuations in exchange rates and rising production costs
Mitigation Strategies
  • Aggressive new store openings in key areas (Japan and Korea)
  • Strengthening EC business
  • Development of new products that appeal to the next generation of customers
  • Strengthening cooperation with France and expanding the GOLF line in Korea

Supply Chain Management

Responsible Procurement
  • Disclosure of human rights and procurement policies

Climate-Related Risks & Opportunities