Initiatives to Benefit Society and the Environment

「We are supporting local communities and working toward a circular society by endorsing 「Paralym Art®」, an initiative operated by 一般社団法人 障がい者自立推進機構 to promote the independence of artists with disabilities, and by recycling small household appliances and pursuing the material recycling of expanded polystyrene in cooperation with our subsidiary 株式会社イー・アール・ジャパン.」

「The new materiality comprises 6 material issues: “realizing convenient and prosperous lives for customers,” “realizing a sustainable society in harmony with the global environment,” “creating prosperous and vibrant local communities,” “respecting diversity and expanding human capital,” “establishing good relationships with stakeholders,” and “strengthening highly transparent governance to support business growth.” These are positioned from the perspectives of “value created,” “capital that creates value” and “management foundation.”」

「The Group had already been working to resolve environmental and social issues, but as the environment surrounding companies changed substantially, it established the Group’s sustainability policy in May 2023 to achieve both a sustainable society through the resolution of social issues and sustained growth in corporate value.」

「To reduce CO2 emissions and promote employees’ work-life balance, we expanded the number of stores operating for 9 hours from May 2023. Including the 48 stores already implementing shorter hours, a total of 126 stores, including 78 new stores, adopted the shorter operating hours. We plan to increase the total number of stores operating for 9 hours to 200 by the end of March 2024. This is expected to reduce CO2 emissions by approximately 2,000 t annually.」

「Based on our aim to be a company that continuously supports our customers’ prosperous lives, we are promoting sustainability initiatives in line with our management philosophy to contribute to the sustainable growth of the Group and the development of all stakeholders. In particular, we recognize that the risks and opportunities associated with climate change may have a significant impact on our business strategy and financial plans. Accordingly, in June 2022 we established the Sustainability Promotion Committee to promote sustainability management across the Group, centered not only on business activities but also on environmental conservation and social contributions.」

「We will also pursue sustainability management. In addition to our existing recycling business aimed at creating a circular society and environmental support activities, we are strengthening the promotion of health management and diversity and inclusion. We have also endorsed the TCFD recommendations and are addressing climate change as an urgent issue.」

「We aim to be a company that continuously supports our customers’ prosperous lives, and are engaged in various contribution activities focused on society and the environment. For details of these activities, please refer to the Integrated Report disclosed on 27 October 2021 (https://www.edion.co.jp/ir/library/integration).」