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Sustainability TOP Environment: "Climate Change" Initiatives

"Climate Change" Initiatives

ENVIRON
MENT

Related SDGs

GHG emissions

We are working to achieve carbon neutrality by 2050 in conjunction with our business.

GHG emissions

FY 3/2023

3,116t-CO2

Nisso Group Environmental Policy

Through a series of human resources services activities, NISSO HOLDINGS Co., Ltd. and its affiliates (hereinafter, the "Nisso Group") has regarded global environmental conservation and pollution prevention as one of the most significant management issues. In order to achieve harmony with our business activities and the global environment, we have formulated this Environmental Policy. After recognizing the environmental impact caused by business activities, in accordance to the following basic policy, all employees will be actively involved in the creation of a recycling-oriented society as the Nisso Group sets and re-examines environmental objectives and targets, co-exists with local communities and strives to make continuous improvements.

  1. With regards to business activities, we will devote our efforts to the following items in order to prevent pollution and reduce environmental burdens.

    • 1.Thorough reduction of electricity consumption in offices
    • 2.Promotion of eco-driving
    • 3.Thorough sorted collection of waste material
    • 4.Active contribution to local environmental conservation activities of local communities and clients
    • 5.Increase of green purchasing rate of company-use equipment
  2. We will comply with environmental laws・ordinances・ regulations, and other requirements.

  3. We will make considerations for the utilization of sustainable resources・mitigation and adaption of climate change・protection of biodiversity and ecosystems.

  4. We will promote awareness-raising activities such as internal public relations activities to ensure that all employees are able to enhance their awareness of environmental conservation and fully comprehend our Environmental Policy.

  5. We will periodically re-examine and disclose this Environmental Policy to the general public.

01Social Conditions

Global temperatures are continuing to rise, causing even more extreme weather events.
In order to prevent this from happening, climate change needs to be addressed.

  • Coral reefs disappear due to rising sea temperatures

    70% to 90% at a 1.5°C rise, completely extinct at a 2.0°C rise

  • Rise in sea level due to melting of ice sheets, etc.

    30 to 60 cm rise by 2100

  • Drought

    An estimated 700 million people will be displaced from their homes by 2030

  • Increased disasters due to climate change

    40% increase from 2015 to 2030

02Basic View

The Nisso Group strives to contribute to society through investments in "people", which are our driving force, and at the same time, we recognize that responding to climate change, which is essential for the survival of our business, is an important management issue.
Through our business activities, we will work to protect the global environment and prevent pollution, and by clarifying the financial impact of climate change, we will aim to improve our corporate resilience and realize the key issue of "Creation of a comfortable workplace".

03Climate Change Response (TCFD)

Recognizing that rising temperatures due to climate change will have a significant impact on our business, the Nisso Group is enhancing the quality and quantity of information disclosure based on the TCFD (Task Force on Climate-related Financial Disclosures) framework of "Governance", "Strategy", "Risk Management", and "Indicators and Targets".
In order to limit the temperature rise to less than 1.5 °C in the second half of the 21st century, we have identified medium-term risks until 2030 and long-term risks until 2050 based on the 4 °C, 2 °C, and 1.5 °C scenarios, and have formulated strategies to reduce these risks and acquire opportunities.

With the aim of further enhancing information disclosure on climate change, we have endorsed the Task Force on Climate-related Financial Disclosures in October 2023. In addition, we are also a member of the TCFD Consortium, a forum for discussion among supporting companies.

(1)Governance

With regard to "Governance", the "Sustainability Council", which is part of the "Corporate Value Enhancement Committee" chaired by the Representative Director and President, identifies issues related to climate change and devises measures to resolve them, and after consultation with the Committee, approves them at our company's "Board of Directors' Meetings".

(2)Strategy

We refer to the report issued by the IEA (Note 1) for the transition scenario and the report issued by the IPCC (Note 2) for the physical scenario to develop strategies to identify risks and seize opportunities that we can bring to our business, strategic and financial planning.

1Streamlining sales activities

The use of company-owned vehicles in sales activities has become essential, and a certain amount of gasoline and other fuels are used. In order to reduce greenhouse gas emissions in our sales activities, we are promoting a switch to fuel-efficient transportation methods such as hybrids and the creation of a remote environment. As a result, we are not only reducing costs, but also gaining new customers and other opportunities.

  • Transition risk
  • Physical Risk
  • oppor
    tunity

2Reduction of reputation risk and enhancement of brand strength in the recruitment market

The source of the Nisso Group's business is "people", and more than 10,000 diverse human resources visit us for interviews throughout the year. By enhancing our brand strength while promoting measures to prevent global warming, which society demands, we are working not only to reduce reputation risk but also to create new opportunities.

  • Transition risk
  • Physical Risk
  • oppor
    tunity

3Outages due to flooding, etc.

If the supply chain is disrupted due to abnormal weather conditions at client plants, such as large typhoons or rainstorms, or if the plants are shut down due to damage from the disaster, it may affect the work situation under temporary or outsourced contracting.

  • Transition risk
  • Physical Risk
  • oppor
    tunity

4Health hazards due to heat waves, droughts, etc.

Increased heat waves and droughts associated with global warming may lead to an increase in heat stroke and other health problems among our employees, affecting their working conditions.

  • Transition risk
  • Physical Risk
  • oppor
    tunity

5Introduction of carbon tax, etc.

The NISSO Group's business performance may be affected by the introduction of new taxation systems, such as a carbon tax, due to the growing momentum to address climate change.

  • Transition risk
  • Physical Risk
  • oppor
    tunity

Note 1: We refer to various scenarios in the World EnergyOutlook (WEO) published annually by the International Energy Agency (IEA). Specifically, risks and opportunities were identified based on NZE for the 1.5°C scenario, SDS for the 2°C scenario, and STEPS for the 4°C scenario.

Note 2: We refer to various scenarios in the Fifth Assessment Report (AR5) issued by the Intergovernmental Panel onClimate Change (IPCC). Specifically, risks and opportunities were identified based on RCP2.6 for the 2°C scenario and RCP8.5 for the 4°C scenario. The 1.5°C scenario is based on the 1.5°C Special Report.

(3)Risk Management

Analysis and evaluation are conducted in conjunction with compliance and risk management, and approval is given by the Board of Directors after discussion by the Corporate Value Enhancement Committee.

(4)Indicators

While monitoring the current situation and measuring the effects, we are promoting initiatives toward the target of reducing greenhouse gas emissions.

Scope1Emissions calculated from fuel usage of company-owned vehicles

In order to reduce greenhouse gas emissions in our sales activities, we are working to reduce emissions by promoting a switch to more fuel-efficient means of transportation and improving the efficiency of our sales activities.

Scope2Emissions calculated from electricity consumption in offices

While promoting efficiency in our business activities, we are working to reduce electricity consumption and emissions by curbing overtime and other overtime work.

Note: In order to calculate CO2 emissions, we use "Sustana", a cloud service provided by Sumitomo Mitsui Banking Corporation to support CO2 emissions calculation and reduction (validation of calculation formula and emission count DB confirmed by SGS Japan Inc.).

(5)Targets

Interim reduction targetReduce by 30%
by 2030 based on FY 3/2021

Long-term reduction targetAchieve carbon neutrality (net zero emissions) by 2050