Ceres Inc.

Climate Impact & Sustainability Data (2021-12 to 2022-12, 2022-12 to 2023-12)

Reporting Period: 2021-12 to 2022-12

Environmental Metrics

Total Carbon Emissions:0 tCO2e/year

Scope 1 Emissions:0 tCO2e/year

Scope 2 Emissions:0 tCO2e/year

Renewable Energy Share:100%

ESG Focus Areas

Environment
Social
Governance

Environmental Achievements

Achieved zero emissions for Scope 1 and Scope 2 emissions since fiscal year 2021 by switching to 100% renewable energy for offices and web servers.
Reduced paper usage by digitizing internal forms and using digital signatures.
Implemented a confidential collection box system for recycling used documents.
Planted approximately 1,000 seedlings since 2009.

Social Achievements

Launched Moppy SDGs platform for donating points to environmental organizations.
Launched CoinTradeStake staking service with low environmental burden.
Implemented various employee well-being initiatives including childcare leave, childcare assistance, work from home options, and support for working parents.
Introduced a flextime system and a combined in-person and remote workstyle.
Fully covers the cost of oral contraceptives for employees.
Provides housing allowance for employees.
Introduced Management by Objectives (MBO) as an evaluation system.
Supports skill improvement through in-house and external training.
Supports new business planning and provides opportunities for employees to try company roles.
Approved as a TOKYO Workstyle Reform Declaration Company.
Endowed the "Beyond Blockchain Basics/Advanced" course at Keio University.
Supported the Only One Table Tennis Championships.

Governance Achievements

Established a system to maximize corporate value from a long-term perspective.
Enhanced management organization to improve efficiency and strengthen compliance.
Established the Nomination and Remuneration Advisory Committee.
Conducts effectiveness assessments of its Board of Directors.
Established the Directors' Remuneration Policy.

Climate Goals & Targets

Long-term Goals:

Achieve net-zero greenhouse gas emissions by 2050.

Medium-term Goals:

Reduce greenhouse gas emissions by 46% from 2013 levels by 2030.

Short-term Goals:

Reduce greenhouse gas emissions by 100% (Scope 1 & 2)

Environmental Challenges

Rising energy supply costs due to carbon pricing and shifts to low-carbon energy.
Potential decline in customer preference for products with insufficient climate change measures in supply chains.
Difficulty in procuring funds, securing human resources, and continuing business due to inadequate response to climate change.
Difficulty in providing products and services due to damage from extreme weather events.
Lack of staff who can properly learn about and apply blockchain technology.

Mitigation Strategies

Improving energy efficiency and high capital efficiency to reduce costs.
Distributing energy sources to ensure steady procurement.
Increased advertising for eco-friendly products and services.
Geographically distributing offices, data centers, and outsourced manufacturing facilities.
Investing in new markets using core technologies.
Endowing blockchain course at Keio University to train professional engineers.

Supply Chain Management

Responsible Procurement

Prohibition of forced labor and child labor throughout the supply chain.

Climate-Related Risks & Opportunities

Physical Risks

Damage to offices, data centers, and contractor factories from disasters.

Transition Risks

Rising energy supply costs due to carbon pricing and shifts to low-carbon energy.
Market risk due to customer preference for products with sufficient climate change measures in supply chains.
Reputational risk due to inadequate response to climate change.

Opportunities

Reduced costs through improved energy efficiency and high capital efficiency.
Reduced energy supply costs with wider adoption of renewable energy.
Increased preference for low-impact products and services.
Increased preference for low-consumption cryptocurrency staking services.
Investment returns from participation in new markets.

Reporting Standards

Frameworks Used: TCFD

Sustainable Products & Innovation

Eco-friendly services and products
Low-consumption cryptocurrency staking services

Awards & Recognition

TOKYO Workstyle Reform Declaration Company

Reporting Period: 2022-12 to 2023-12