Climate Change Data

CUBE CO., LTD.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

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

  • Sustainable Products
  • Environmental Conscious Products
  • SDGs

Environmental Achievements

  • Developed environmentally friendly lines for high-net-worth individuals
  • Developed sustainable eyewear made from 96% recyclable materials

Social Achievements

  • Strengthened branding strategy with a flagship store including a café, simulated golf, and fitting studio in South Korea
  • Launched the shop-in-shop format stores in 5 locations in Indonesia

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Net sales: Growth of 20% or more
  • Operating profit: Growth of 40% or more
  • Operating margin: 20% or more
  • ROE: 15% or more
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Decrease in sales from wholesale to South Korea
  • Booking of provisions for merchandise warranties due to defective products
  • Increase in personnel expenses and advertising expenses
  • Sluggish sales of new fall/winter products due to extremely hot summer
  • Temporary increase in inventories at wholesalers
Mitigation Strategies
  • Developed alternative sourcing strategies (implied by expansion into new markets)
  • Strengthened recruitment activities in line with business expansion
  • Opened new stores and implemented measures to recover demand from overseas visitors
  • Developed new products and brands to cultivate new genres
  • Developed production bases around the world in preparation for an unprecedented situation

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

  • Environmentally friendly lines
  • Sustainable eyewear
  • MARK & LONA's first suncare products

Awards & Recognition

  • Not disclosed