Ichigo Inc.
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:22,767 tons CO2e (Scope 1+2)
Scope 1 Emissions:8,737 tons CO2e
Scope 2 Emissions:14,029 tons CO2e
Scope 3 Emissions:111,920 tons CO2e
Renewable Energy Share:90% (FY24/2), targeting 100% by 2025
Water Consumption:1,204 thousand m3
Waste Generated:6,514 tons
ESG Focus Areas
- Climate Change
- Renewable Energy
- Sustainable Real Estate
- Social Responsibility
- Governance
Environmental Achievements
- Achieved Climate Positive status (CO2 Reduction > Emissions)
- RE100 progress: 90% renewable electricity by FY24/2, targeting 100% by 2025
- Reduced energy consumption at all assets
- Reduced water consumption at offices and assets
- Reduced waste at offices and assets
- Ichigo Kakyoin Building received ZEB Oriented certification
Social Achievements
- Launched Ichigo University for employee development
- Implemented various employee support programs (childcare leave, nursing care support, etc.)
- 100% response rate for employee engagement survey
- Certified Health and Productivity Management Organization (2024)
- Supported local communities through various initiatives (e.g., revitalizing local markets, supporting farmers)
Governance Achievements
- Company with Committees governance structure
- Majority of Independent Directors on the Board
- Robust compliance program and whistleblower system
- Regular Board evaluations
- Risk management framework aligned with ISO 31000
Climate Goals & Targets
Long-term Goals:
- Net zero carbon emissions
Medium-term Goals:
- Reduce energy consumption by 10% by FY30/2
- Reduce water consumption by 10% by FY30/2
- Reduce waste by 10% by FY30/2
- Reduce Scope 1+2 emissions by 70% by FY30/2
- Reduce Scope 3 emissions by 25% by FY30/2
Short-term Goals:
- Reduce energy consumption by 1% annually
- Reduce water consumption by 1% annually
- Reduce waste by 1% annually
- Achieve RE100 (100% renewable electricity) by 2025
Environmental Challenges
- Climate change impacts (extreme weather, natural disasters)
- Aging infrastructure in Japan
- Need to further reduce GHG emissions
- Maintaining high tenant satisfaction
Mitigation Strategies
- Developing technologies to extend building lifespans beyond 100 years
- Investing in renewable energy and energy efficiency measures
- Implementing disaster recovery plans and Susport® real-time reporting system
- Regular tenant satisfaction surveys and communication
Supply Chain Management
Responsible Procurement
- Proactive adoption of environmentally-friendly construction methods and materials
- Consideration of subcontractors' sustainability initiatives
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters (earthquakes, typhoons)
- Extreme weather events
Transition Risks
- Changes in government policies and regulations
- Technological obsolescence
- Energy price increases
Opportunities
- Development of energy-efficient products and services
- Expansion of renewable energy business
Reporting Standards
Frameworks Used: TCFD, RE100, SBT Initiative, UN Global Compact
Certifications: CASBEE, BELS/ZEB, DBJ Green Building, Tokyo Low-Carbon Small and Medium-Sized Model Buildings, Science Based Targets (SBT)
Third-party Assurance: Japan Quality Assurance Organization (JQA)
Sustainable Products & Innovation
- PROPERA AI-based hotel revenue management system
Awards & Recognition
- Green Star designation (7 years in a row)