Climate Change Data

JPMC Group

Climate Impact & Sustainability Data (2022-2023)

Reporting Period: 2022-2023

Environmental Metrics

Total Carbon Emissions:6829.54 tCO2e/year (FY2023)
Scope 1 Emissions:128.21 tCO2e/year (FY2023)
Scope 2 Emissions:197.99 tCO2e/year (FY2023)
Scope 3 Emissions:6503.34 tCO2e/year (FY2023)

ESG Focus Areas

  • Reuse economy
  • Changes in demographics
  • Climate change
  • Regional revitalization
  • Active participation of diverse human resources
  • Providing safe, secure, and comfortable housing
  • Governance

Environmental Achievements

  • Reduced Scope 1 and 2 emissions from 451.72 tCO2 in FY2022 to 326.20 tCO2 in FY2023

Social Achievements

  • Over 6,000 rental housing units for the elderly in use nationwide
  • Capital and business alliances with 2 companies providing employment support for foreign workers
  • Development of a service providing furnished rooms for foreign residents

Governance Achievements

  • Establishment of a Sustainability Committee chaired by the CEO in October 2022
  • Endorsement of TCFD recommendations in December 2020
  • Regular reporting of progress on non-financial targets to the Board of Directors

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon net zero by 2050
Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by 50% by 2030

Environmental Challenges

  • Increased operating costs due to complying with environmental regulations
  • Increased costs due to carbon pricing
  • Increased costs due to adoption of renewable energy
  • Reputation decline due to delayed response to environmental challenges
  • Decrease in revenue due to natural disasters
  • Increased risk of death from heat stroke
Mitigation Strategies
  • In-house consumption of renewable energy
  • Switching to electric vehicles
  • Disclosure of progress and targets for climate-change countermeasures
  • Securing insurance for properties
  • Promoting the construction of net zero energy houses
  • Adoption of highly effective heat insulating material

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Decrease in revenue due to natural disasters
  • Increased risk of death from heat stroke
Transition Risks
  • Increased operating costs due to regulations
  • Increased costs due to carbon pricing
  • Increased costs due to renewable energy adoption
Opportunities
  • Reducing wasteful construction by promoting leasing of existing properties
  • Increased demand for Super Reuse

Reporting Standards

Frameworks Used: TCFD

Sustainable Products & Innovation

  • Super Reuse