Climate Change Data

I-NET Corp.

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:36.0 kt-CO2e (FY2023)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Revised net-zero greenhouse gas emissions goal from FY2050 to FY2040.
  • Revised target for reducing greenhouse gas emissions (Scope 1 and 2) by 50% or more by FY2030 compared to FY2022.
  • Switched part of the electricity used in data centers to renewable energy sources.

Social Achievements

  • Established a fair personnel system to improve job satisfaction.
  • Implemented initiatives for human resource development, diversity and inclusion, and environmental improvement.
  • Established I-NET DATA SERVICE CORP. to promote the employment of disabled people.
  • Introduced a side-job system to improve employee initiative and creativity.

Governance Achievements

  • Established the SDGs Promotion Office and Council to advance ESG management.
  • Established governance policies and an execution structure to address environmental issues.
  • Adopted a Company with an Audit and Supervisory Committee system.
  • Introduced an executive officer system to clarify responsibilities.

Climate Goals & Targets

Long-term Goals:
  • Formulate effective strategies as the I-NET Group and further promote use of renewable energy (introduce additional renewable energy).
  • Switch electricity used at own DCs to 100% electricity from renewable energy sources.
Medium-term Goals:
  • Introduce on-site PPAs, such as solar power generation (by FY2024).
  • Achieve PUE of 1.40.
Short-term Goals:
  • Reduce greenhouse gas emissions (Scope 1, 2) by at least 50% compared to FY2022 levels by FY2030.
  • Reduce greenhouse gas emissions across the I-NET Group’s entire value chain by 100% by FY2040.
  • Switch a portion of electricity used at own DCs to electricity from renewable energy sources (KPI: Reduction of 30% or more in FY2025 compared to FY2022).

Environmental Challenges

  • Increased electricity charges from fossil fuels due to high carbon taxes.
  • Increased facility investment costs for energy-saving equipment.
  • Risk of DC stoppages due to increased blackouts and natural disasters.
  • Risk of DC maintenance becoming difficult due to temperature increases.
Mitigation Strategies
  • Adopt electricity from renewable energy sources for DCs by FY2024.
  • Mitigate impact of carbon taxes by increasing reliance on renewable energy.
  • Improve resilience against natural disasters (enhancing DC backup power sources).
  • Strengthen DC cooling capacity and periodically implement equipment maintenance/updates.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Increase in natural disasters
  • Temperature rise
Transition Risks
  • Introduction / increase of carbon pricing (carbon tax)
  • Introduction of renewable energy
  • Delay in providing systems and services responding to climate change
  • Reputational decline due to delayed response
Opportunities
  • Resource Efficiency
  • Energy Source
  • Products / Services
  • Market
  • Resilience

Reporting Standards

Frameworks Used: TCFD

Certifications: Privacy Mark

UN Sustainable Development Goals

  • Various SDGs