HITO-Communications Holdings Inc.
Climate Impact & Sustainability Data (2021, FY2021 H1, FY2021 Q1)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:To be published on company website in February 2025
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
- Climate Change
- Human Capital Management & Diversity
- Sustainable Corporate Value Enhancement
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Established a Sustainability Committee directly under the President.
- Implemented a performance-based stock compensation system (BBT) to align executive compensation with company performance and shareholder value.
Climate Goals & Targets
Long-term Goals:
- Carbon-negative GHG emissions across the entire value chain by 2050.
Medium-term Goals:
- Net-zero GHG emissions across the entire value chain by 2030.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Climate change impacts on business environment.
- Rising energy costs.
- Need for investment in energy efficiency and renewable energy.
- Reputational risk from not actively addressing climate change.
- Long-term natural disaster risks.
Mitigation Strategies
- Annual climate change scenario analysis (following TCFD recommendations).
- Investment in energy efficiency and renewable energy.
- Strengthening digital business support to contribute to GHG emission reduction for both the company and its clients.
- Regular reporting to the board of directors on sustainability initiatives.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters
Transition Risks
- Energy cost increases
- Regulatory changes
- Market shifts (reputational risk)
Opportunities
- Expansion of business areas and pursuit of expertise in addressing climate change.
- Providing services and solutions that contribute to GHG emission reduction for clients.
Reporting Standards
Frameworks Used: TCFD
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: FY2021 H1
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Promoting paperless driven by electric device uses
Social Achievements
- Generating and promoting employment by business creation
- Promoting partnership with startup ventures for their growth through capital and business alliances
- Nurturing specialized staffs through fulfilling training systems
- Offering fair employment chances for the handicapped
- Focusing on regional development through tourism and sports event operation support
- Promoting eco-tourism
Governance Achievements
- Enhancing corporate governance
- Disseminating information proactively
Climate Goals & Targets
Environmental Challenges
- Negative impacts of urban area’s market contraction and tourism sector’s severe performance due to COVID-19
Mitigation Strategies
- Achieved strong performance of both sales and operating profit by double digit increase year on year, even in COVID-19 expansion environment
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY2021 Q1
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Promoting paperless driven by electric device uses
Social Achievements
- Generating and promoting employment by business creation
- Promoting partnership with startup ventures for their growth through capital and business alliances
- Nurturing specialized staffs through fulfilling training systems
- Offering fair employment chances for the handicapped
- Focusing on regional development through tourism and sports event operation support
- Promoting eco-tourism
Governance Achievements
- Enhancing corporate governance
- Disseminating information proactively
Climate Goals & Targets
Environmental Challenges
- Negative impact of COVID-19 on tourism sector
- Severe competition and 5G demand growth in the mobile device field
Mitigation Strategies
- Strengthened efforts for the mobile device field
- Covered the negative results of tourism sector by strong performance of EC site operation support business and Wholesale business
- Settlement of efficient sales system based on the change in the COVID-19 environment and establishment of resilient cost structure responding to the business circumstances