IMAGICA GROUP Inc.
Climate Impact & Sustainability Data (2023, 2023-04 to 2024-03)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Governance
- Human Capital
- Climate Change
- Sustainability
Environmental Achievements
- Established GHG emission reduction targets (Specifics in securities report)
- Implementing energy conservation and renewable energy adoption
Social Achievements
- Increased percentage of women in managerial positions to 19.0% as of March 31, 2024
- Actively recruiting foreign nationals, especially creators and engineers
- Initiatives to improve work-life balance (remote work, hot desking, childcare leave support)
Governance Achievements
- Revised Corporate Governance Guidelines (November 30, 2021)
- Established Sustainability Committee and Risk Management Committee
- Implemented performance-linked compensation for executives
Climate Goals & Targets
Long-term Goals:
- Achieve decarbonized management
Medium-term Goals:
- Achieve an ROE of 8% or higher
Environmental Challenges
- Challenges regarding capital efficiency
- Need for deeper discussion concerning sustainability, shareholder/investor feedback, and management with awareness of the cost of capital and stock price
Mitigation Strategies
- Revising Mid-Term Plan to address capital efficiency (new plan to be announced in May 2025)
- Continued efforts to enhance the effectiveness of the Board of Directors
- Enhanced information disclosure based on shareholder dialogue
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Large-scale natural disasters
Reporting Standards
Frameworks Used: TCFD
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:11,686 t-CO2 (2023)
Scope 1 Emissions:667,309 tCO2e (2023)
Scope 2 Emissions:4,375,985 tCO2e (2023)
Total Energy Consumption:11,686 MWh (2023)
ESG Focus Areas
- Climate Change
- Human Capital Management
- Diversity & Inclusion
- Corporate Governance
- Social Contribution
Environmental Achievements
- Reduced GHG emissions (Scope 1 & 2) by 17% in 2023 compared to 2021. Electricity consumption reduced by 35% in 2023 compared to 2021.
- Introduction of green energy plans at two offices resulting in near-zero CO2 emissions from electricity use.
Social Achievements
- Implementation of various employee training programs, including global mindset training and next-generation leadership training.
- Establishment of satellite offices employing disabled workers.
- Development of SDGs-aligned apple juice as a company novelty.
- Support for disabled athletes.
Governance Achievements
- Strengthened corporate governance through the establishment of an Audit Committee.
- Implementation of a compliance reporting system.
- Regular meetings of the Board of Directors and Audit Committee.
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions by 2050.
Medium-term Goals:
- Reduce GHG emissions by 50% by 2030 (compared to 2021).
Environmental Challenges
- Risks associated with climate change, including changes in customer behavior, stakeholder evaluation, and potential business disruptions.
- Potential loss of revenue due to business interruption from climate change related events.
Mitigation Strategies
- Setting GHG emission reduction targets (50% by 2030, net-zero by 2050).
- Implementing energy-saving measures and utilizing renewable energy.
- Analyzing climate change risks and opportunities based on TCFD scenarios.
- Strengthening risk management through the Risk Management Committee.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Disasters, infectious diseases
Transition Risks
- Changes in consumer preferences and stakeholder evaluations
Opportunities
- Increased demand for climate change-related data and services
Reporting Standards
Frameworks Used: TCFD
Certifications: Privacy Mark, ISMS/ISO-IEC27001:2013
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
The company's initiatives contribute to these goals through renewable energy adoption, GHG emission reduction, and social contribution activities.