The company reported the results of its fiscal 2025 decarbonization and resource-circulation initiatives. It disclosed a substantial reduction in Scope 1 and 2 emissions, including through the conversion of Daimaru Tokyo Store to renewable energy, as well as an increase in the renewable energy ratio and an improvement in the food recycling rate.
Daimaru Matsuzakaya Department Stores reported on its fiscal 2025 initiatives to expand the use of renewable energy and promote resource circulation, while aiming for net-zero greenhouse gas emissions by 2050.
●Scope 1 and 2 emissions were reduced by 69.1% from the 2017 fiscal-year baseline following the conversion of Daimaru Tokyo Store to renewable energy in April 2025.
●Renewable energy accounted for 74.9% of electricity consumption as of April 2025. As of the end of fiscal 2025, 10 of 15 stores were operated using 100% renewable energy.
●Scope 3 emissions decreased 27.4% from fiscal 2017. Key data was calculated through dialogue with business partners and the provision of data by them.
●As part of its resource-circulation initiatives, the food recycling rate reached 90.2% in fiscal 2025, with 8 of 15 stores achieving a rate of 100%. The company also participates in a project to convert waste cooking oil into SAF in Japan and supplies 135.5 tonnes of waste oil.