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Countermeasures for global warming have become a common and long-term global challenge, with multiple countries and regions setting carbon neutrality as a goal for 2050. Konami Group aims to be an enterprise needed by the society by contributing to the development of a sustainable society through initiatives associated with its business areas. We are increasing our efforts to realize a decarbonized society to create a sustainable future where our next generation can live with peace of mind.
Our approaches to reduce greenhouse gas emissions include the installation of solar power generation system and the switching to LED lighting at company-owned facilities to reduce energy consumption. Specific details of our efforts can be found on the environment page of our website.
Konami Group announced our endorsement for the TCFD recommendations in May 2022 and began disclosing information in line with the recommendations. We disclose the impact of climate change on our business and greenhouse gas emissions.
TCFD was formed by the FSB in 2015 following a request from the G20 to assess and disclose the risks and opportunities that climate change poses on business.
Core Disclosure Elements | Governance | Disclose the organization's governance around climate-related risks and opportunities. |
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Strategy | Disclose the impacts of climate-related risks and opportunities on the organization's businesses, strategy, and finance. | Risk Management |
Disclose how the organization identifies, assesses, and mitigates climate-related risks. |
Metrics & Targets |
Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities. |
Konami Group has established the Sustainability Committee, chaired by the Representative Director and President and attended by heads of each business unit. The committee is held four times a year to decide on initiatives regarding climate change. In addition, a Corporate Officer in charge of climate change has been appointed.
Decisions made by the Sustainability Committee are periodically reported to the Board of Director for review.
Initiatives are implemented by each business unit and group company while the Sustainability Committee Secretariat monitors the progress.
Konami Group conducted a scenario analysis incorporating advice from external experts to measure the medium to long-term impacts of climate change on our business. Because it is difficult to accurately predict the future impacts of climate change, we used two possible scenarios for the analysis.
Scenario | Predicted Future Image | |
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1.5℃ Scenario |
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4℃ Scenario |
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Based on the risks and opportunities exemplified by the TCFD recommendations in each scenario above, we reviewed climate-related risks and opportunities for each business, considering reports from international organizations and industry associations, as well as our business characteristics. Then, for the risks and opportunities that were identified as material, we have assessed the degree of impact on our group.
Category | Description | Business Impact | ||
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1.5℃ | 4.0℃ | |||
Risks | Cost Related to Carbon Tax Increase |
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Medium | Low |
Raw Material Cost |
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Low | Low | |
Energy Cost |
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Low | Low | |
Extreme Weather |
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Low | Low | |
Regulations on High Environmental Impact Products |
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Low | Low | |
Opportunities | Products to Boost Decarbonization |
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Medium | Low |
Environmental Education |
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Low | Low | |
Infectious Diseases |
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Low | Medium |
The results of the assessment confirm that there would be no material impact on our business under either scenario, thus we would be able to conduct a resilient management going forward.
We will also take measures to mitigate risks based on the results of the evaluation. In preparation for the increase in carbon tax, we will work to reduce CO2 emissions generated at our properties by introducing renewable energy and energy-saving equipment.
We will continue to collect information on climate change and periodically update our scenario analysis and business impact evaluation to further improve the resilience of management.
Sustainability Committee Secretariat identifies, evaluates, and manages the risks in cooperation with each business unit. We regularly collect information on climate change based on the latest knowledge provided by external experts, and if new risks or opportunities are identified, we consider whether or not to update scenario analyses and business impact assessments. These results are discussed by the Sustainability Committee and reported to the Board of Directors as necessary.
Identification / Evaluation
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Management
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Reporting / Coordination
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Prevention of global warming by mitigating CO2 emissions is essential for realizing a sustainable society. To fulfill this responsibility and improve management resilience, Konami Group monitors CO2 emissions in its business operations and implements specific reduction measures.
As a target for mitigating the environmental impact of our business operations, we support the greenhouse gas reduction targets announced by the Japanese government and aim to reach operational carbon neutrality.
In accordance with the GHG Protocol, which is the international standard for calculating greenhouse gas emissions, we have calculated and begun analyzing Scope 3 emissions, which account for upstream and downstream CO2 emissions in our supply chain.
In cooperation with each business unit, we analyze emission patterns and consider next actions.