MINISTOP Co., Ltd.
Climate Impact & Sustainability Data (2006, 2010-03-01 to 2011-02-28, 2022-03-01 to 2023-02-28)
Reporting Period: 2006
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
- Environment
- Social
- Governance
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
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
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2010-03-01 to 2011-02-28
Environmental Metrics
Total Carbon Emissions:178,523 tCO2e/year
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 Sustainability
- Social Responsibility
- Customer Satisfaction
Environmental Achievements
- Reduced energy consumption per store by aiming for 12 percent below the fiscal 2007 level by fiscal 2015.
- Replaced fluorescent store signs with LED lighting, reducing electricity consumption by 63.8 percent.
- Used FSC-certified wood in store construction, reducing CO2 emissions by 33 percent compared to steel frame stores.
- Implemented food recycling loop projects converting leftover food into animal feed.
Social Achievements
- Launched M's STYLE COFFEE, aiming to become the local convenience store for daily coffee consumption.
- Improved soft serve ice cream recipe, reducing sweetness and improving smoothness.
- Introduced HAPPYRICH SWEETS, a new brand of premium desserts.
- Became the first retailer in Japan to sell Fairtrade bananas.
- Supported the Circle of Flowers program, donating to plant flower and tree seedlings.
Governance Achievements
- Self-declared compliance with ISO 14001 environmental management systems (EMS).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Become No.1 for convenience store customer satisfaction by the end of fiscal 2013.
Short-term Goals:
- Reduce energy consumption per store by 12 percent below the fiscal 2007 level by fiscal 2015.
Environmental Challenges
- Great East Japan Earthquake damage to stores and distribution centers.
- Supply chain disruptions due to the earthquake.
Mitigation Strategies
- Established Headquarters and On-the-spot Headquarters Response Teams.
- Prioritized employee safety and store restoration.
- Procured and delivered emergency supplies.
- Collected disaster relief donations at stores.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Fairtrade bananas from Yoshida Farms.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ISO 14001
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Monde Selection Gold Award for soft serve ice cream.
Reporting Period: 2022-03-01 to 2023-02-28
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
- Climate Change
- Food Waste Reduction
- Plastic Reduction
- Social Contribution
- Employee Health and Productivity
Environmental Achievements
- Reduction of average power consumption per store compared to the previous fiscal year.
- Implementation of "Reduce" initiative at 1,477 stores to reduce food waste through discounted sales of nearing expiration date goods.
- 77.9% rate of customers declining plastic bags.
Social Achievements
- Donation of 300 flower seedlings each to 300 elementary schools through the "Circle of Flowers" program.
- Health and Productivity Management declaration implemented, focusing on employee wellness initiatives.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Increase franchise stores’ earnings by improving gross profit per store.
- Improve efficiency of store investment for the enhancement of corporate value and to increase return on equity (ROE).
- Strengthen its competitiveness of individual store model and promote strategic growth, and promote redesigning the business in preparation for digital and Asia shifts.
- Cutting CO2 and other emissions by stores by 50% from fiscal 2013 levels by 2030.
- Reducing food waste generated by stores by 50% from fiscal 2015 levels by 2025.
- Halving the use of single-use plastics from fiscal 2018 levels by 2030.
Short-term Goals:
- Renovate about 200 stores in fiscal 2023 to implement initiatives producing results at existing stores at one time.
Environmental Challenges
- Rising raw material and energy prices.
- Supply chain instability.
- Yen depreciation.
- Continued stagnation in the retail industry.
- Intensification of competition.
- Poor weather conditions.
- Food safety risks.
- Disruptions of purchasing and distribution networks.
- Risks related to earthquakes and other natural disasters, infectious diseases, and terrorist activity.
- Risks related to leaks of personal information.
- Tightening of statutory regulations.
- Risks related to mitigation of environmental burden.
- Foreign exchange rate fluctuations.
- Risks related to franchisees abandoning their businesses and a downturn in new franchises.
- Risks related to bad debt.
- Risks related to recovery of guarantees for leased properties for stores.
- Risks related to intellectual property rights.
- Risks related to significant legal proceedings.
Mitigation Strategies
- Withdrawal from MINISTOP business in Qingdao, China and the Philippines to concentrate resources in Japan and Vietnam.
- Transfer of all shares held in MINISTOP Korea Co., Ltd.
- Promoting the development of products that satisfy customers in terms of both price and quality and pursuing an efficient store operation system.
- Cutting expenses related to equipment and advertising.
- Promoting new-format stores and remodeling existing stores in Vietnam.
- Expansion of value-priced products.
- Implementation of sales promotion plans.
- Development of high value-added products.
- Expansion of delivery services.
- Expansion of e-commerce website.
- Supply of products to Aeon Group companies.
- Closure of unprofitable stores.
- More effective and efficient sales promotion centering on the MINISTOP app.
- Promoting collaboration with delivery service providers.
- Expansion of MINISTOP Partnership Agreement stores.
- Opening of new stores and closure of unprofitable stores.
- Expansion of MINISTOP POCKET stores.
- Initiatives to reduce power consumption in stores.
- Initiatives to reduce food loss.
- Reviewing delivery routes and delivery methods by Network Service Inc.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Use of Arabica beans produced by the Sustainable Coffee Project promoted by the Aeon Group.
- Aggressive promotion of using 60DAYS Chocolate, which complies with the cacao sustainability program, in Vietnam Cacao Choco Soft.
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
- Not disclosed
Awards & Recognition
- Not disclosed