Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Sustainability
• Environmental Conservation
• CSR

Environmental Achievements

• Reduction of waste and CO2 emissions (details not quantified)

Social Achievements

• Kyoto Hotel Code of Conduct implemented for all employees and executives to promote stakeholder trust.
• Regular employee cleaning activities and strict waste separation and collection.

Governance Achievements

• Establishment of an ESG Promotion Committee in July 2021.
• Internal reporting system with a dedicated hotline for employees to report violations.

Climate Goals & Targets

Environmental Challenges

• Relatively low percentage of institutional and foreign investors among shareholders.
• Lack of specific diversity targets.
• Limited English-language information disclosure.

Mitigation Strategies

• Future consideration of electronic voting and English translation of meeting notices.
• Future development of human resource strategies, including diversity targets and disclosure of human resource development and internal environment improvement policies.
• Future consideration of enhanced English-language disclosure of performance and financial information.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Governance
• Environmental
• Social

Environmental Achievements

• Reduced waste through the introduction of food waste disposal units.
• Introduced environmentally friendly materials (straws, takeout bags).

Social Achievements

• Improved customer service levels (expanded group hotel exchanges, external lecturer training, various certification exams, internal contests, OJT reinforcement).
• Diversity initiatives (women's empowerment team activities, active promotion of female managers, promotion of employment of people with disabilities, utilization of senior citizens' human resources).

Governance Achievements

• Established an ESG Promotion Committee in July 2021 to address sustainability challenges.
• Implemented a robust risk management system under the board of directors, with various specialized committees addressing high-priority risks.

Climate Goals & Targets

Environmental Challenges

• High energy and raw material prices.
• Severe staff shortages.
• Uncertainty in the business environment due to the prolonged war in Ukraine and rising energy prices.
• High proportion of interest-bearing liabilities.

Mitigation Strategies

• Adjusted sales prices to counter rising energy and raw material costs.
• Implemented cost reduction measures, including continued salary reductions for executives.
• Strengthened internal help systems across departments.
• Introduced efficiency improvements such as a centralized restaurant reservation center, a restaurant reservation customer management system, and automated cleaning robots.
• Refined financial strategies, including refinancing short-term loans into long-term loans.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Sustainability
• Environmental Conservation
• CSR

Environmental Achievements

• Reduction of waste and CO2 emissions (details not quantified)

Social Achievements

• Implementation of Kyoto Hotel Code of Conduct to foster stakeholder trust
• Regular employee cleaning activities and strict waste sorting and collection

Governance Achievements

• Establishment of an ESG Promotion Committee in July 2021
• Appointment of two independent outside directors

Climate Goals & Targets

Environmental Challenges

• Relatively low percentage of institutional and foreign investors among shareholders
• Lack of specific diversity targets
• Limited English-language information disclosure
• Absence of performance-based compensation and stock options for executives
• Lack of a formal sustainability policy

Mitigation Strategies

• Future consideration of electronic voting and English translation of meeting notices
• Future development of human resource strategies, including diversity targets and disclosure of human resource development and internal environment policies
• Future consideration of enhanced English-language disclosure of performance and financial information
• Future consideration of performance-based compensation and stock options
• Future development of a formal sustainability policy and framework

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• SDGs

Environmental Achievements

• Hotel Okura Kyoto received the "Sakura Quality Green" certification and the "2R and Sorting/Recycling Activities Excellent Award" from Kyoto City for its waste reduction and recycling efforts.

Social Achievements

• Implemented measures to reduce employee burden through system introduction and improved inter-departmental support.
• Focused on employee training and development to enable multi-tasking and reduce reliance on high staffing levels.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Severe staff shortages leading to operational adjustments and lost opportunities.
• High energy and raw material prices due to the prolonged war in Ukraine and the situation in the Middle East, exacerbated by the weakening yen.
• Uncertainty in the global economy due to inflation and monetary tightening.

Mitigation Strategies

• Optimizing financial strategy, including refinancing loans.
• Maintaining and strengthening facility competitiveness through renovations and improvements to customer experience.
• Addressing staff shortages through improved employee treatment, increased recruitment, and enhanced training and development, along with streamlining operations and improving inter-departmental support.

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: Sakura Quality Green

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

The report mentions that Hotel Okura Kyoto obtained the Sakura Quality Green certification, which implies alignment with SDGs, but specific goals are not listed.

Sustainable Products & Innovation

• Various products and events related to the 135th anniversary were planned and implemented.

Awards & Recognition

• Sakura Quality Green
• 2R and Sorting/Recycling Activities Excellent Award

Environmental Metrics

ESG Focus Areas

• Governance
• Environmental
• Social

Environmental Achievements

• Reduced waste and CO2 emissions (details not quantified)
• Hotel Okura Kyoto received "Sakura Quality An ESG Practice (1 Gyoiko Sakura)" certification and "2R and Sorting/Recycling Activities Excellent Award" from Kyoto City

Social Achievements

• Improved customer service through various training programs and initiatives
• Promotion of diversity and inclusion (women's empowerment team, active promotion of female managers, promotion of employment of people with disabilities, utilization of senior citizens)
• Active participation in community cleanup activities

Governance Achievements

• Established an ESG Promotion Committee in July 2021
• Appointed two independent outside directors

Climate Goals & Targets

Environmental Challenges

• Relatively low percentage of institutional and overseas investors among shareholders
• Lack of specific diversity targets
• Limited English-language information disclosure
• Absence of performance-based compensation and stock options for executives
• Lack of a formal sustainability policy

Mitigation Strategies

• Future consideration of electronic voting and English translation of meeting notices
• Future development of human resource strategies, including diversity targets and disclosure of human resource development and internal environment improvement policies
• Future consideration of enhanced English-language disclosure of performance and financial information
• Future review of compensation systems to maximize executive performance
• Future development of a formal sustainability policy and improved framework for addressing sustainability challenges

Supply Chain Management

Responsible Procurement

• Introduction of environmentally friendly materials (e.g., straws, takeout bags)

Climate-Related Risks & Opportunities

Awards & Recognition

• Sakura Quality An ESG Practice (1 Gyoiko Sakura)
• 2R and Sorting/Recycling Activities Excellent Award