KONAKA CO.,LTD.
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Environmental Sustainability
- Social Responsibility
- Stakeholder Engagement
Environmental Achievements
- Reduced energy consumption through LED lighting upgrades in head office and stores (ongoing since 2010, completion planned for 2020).
- Clothing reuse and recycling program across all Konaka and Futata stores.
Social Achievements
- Designated Yokohama head office building as a refuge for people stranded after disasters.
- Initiatives to improve work-life balance, including childcare support and flexible working arrangements.
- Increased female representation in new hires (34% in 2019, 55% in 2020) and management (14% in 2020).
Governance Achievements
- Established internal reporting system.
- Implemented measures to prevent information misuse and leakage.
- Strengthened risk management through regulations, disaster preparedness, and crisis management manuals.
Climate Goals & Targets
Short-term Goals:
- Complete LED lighting upgrades in all stores by 2020.
Environmental Challenges
- Shrinking market due to demographic changes and changing fashion trends.
- Competition from rapidly growing online businesses.
Mitigation Strategies
- Capital and business partnership with Samantha Thavasa Japan Limited (2019) to expand business areas.
- Merger with wholly-owned subsidiary Futata Co., Ltd. (effective January 1, 2020) to improve efficiency.