ABeam Consulting Ltd.
Climate Impact & Sustainability Data (2022-04 to 2023-03)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Partnerships for the goals (SDG 17)
- Decent work and economic growth (SDG 8)
- Industry, innovation and infrastructure (SDG 9)
- Climate Change
- Decarbonization
- Circular Economy
- Diversity & Inclusion
- Human Rights
Environmental Achievements
- Reduced GHG emissions per office floor since FY2019. At the former headquarters office, GHG emissions in FY2022 were reduced by approximately 8% from the previous year after switching to electricity derived from renewable energy sources in April 2021.
- Switched to electricity derived from renewable energy sources at some offices; expanding the number of offices utilizing renewable energy.
Social Achievements
- Launched ABeam Business Athlete® initiatives focusing on Smart Work, Diversity & Inclusion, and Well-being.
- Launched GX Concierge, a co-creation business with Sumitomo Corporation supporting decarbonization management.
- Supported Room to Read Japan's social media operations, resulting in a >10% increase in Instagram followers within a year.
- Ran logical-thinking courses for elementary school students.
- Participated in volunteer activities for various NPOs in the US and Thailand.
Governance Achievements
- Established a Sustainability Committee chaired by the President and CEO.
- Established operational rules for the internal reporting system and set up contact points (helplines) to promote compliance.
- Conduct annual internal compliance awareness surveys.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by eliminating GHG emissions from business activities by FY2030.
Medium-term Goals:
- Achieve carbon neutrality at all domestic and overseas offices by FY2030.
Short-term Goals:
- Achieve carbon neutrality at domestic offices in Japan by FY2025.
Environmental Challenges
- Global supply chain risks.
- Complex challenges faced by companies in achieving sustainability.
- Need for speed in collaborating with climate tech startups.
- Organizational structure challenges in some client collaborations (e.g., Thailand Post).
Mitigation Strategies
- Formulated Strategy 2027, including sustainability management as a key initiative.
- Developed GX Concierge as a co-creation business to address decarbonization challenges.
- Implemented a backcasting approach and forecasting approach for Sustainability Transformation (SX).
- Strengthened human capital management to support sustainability initiatives.
- Developed a concrete image of the output and presented it to related departments to overcome organizational structure challenges.
Supply Chain Management
Responsible Procurement
- Supporting clients in designing and establishing sustainable supply chains.
- Strengthening ESG Risk Management in Logistics Operations.
Climate-Related Risks & Opportunities
Physical Risks
- Impacts of climate change on business activities (physical risks)
Transition Risks
- Risks of reduction of opportunities to provide consulting services and loss of sales due to climate change and decarbonization.
Opportunities
- Opportunities to support clients tackle potential challenges related to climate change and decarbonization.
Reporting Standards
Frameworks Used: TCFD
Certifications: JIPDEC PrivacyMark, ISMS certifications (each business unit)
Third-party Assurance: Japan Quality Assurance Organization (JQA) (for GHG emissions)
UN Sustainable Development Goals
- SDG 8
- SDG 9
- SDG 17
Initiatives contribute to these goals through various projects and internal programs.
Sustainable Products & Innovation
- GX Concierge
- Chainable
Awards & Recognition
- OpenWork “Best Companies to Work for 2023”