SUSTAINABILITY
E
ENVIRONMENT
Sustainability Environment
Efforts to realize a decarbonized society
Endorsement of TCFD Recommendations
In August 2021, we announced our endorsement of the recommendations of the Task Force on Climate-Related Financial Disclosure (TCFD). In addition to deepening our examination of climate-related risks and opportunities, we will work to expand our business and improve the accuracy of our analysis, with the aim of realizing a decarbonized society.
Supporting Decarbonization with FIT Non-Fossil Certificates with Tracking
From November 2021, companies seeking to decarbonize their businesses will be able to directly purchase FIT Non-Fossil Certificates, which were previously a type of renewable origin certificate that could only be purchased by electricity retailers. In response to the growing needs of the real estate industry and other industrires related to the greening of electricity, we are supporting decarbonization through a variety of measures including the sale of these FIT Non-Fossil Certificates with Tracking.
Activities through the Decarbonization Energy Fund
In December 2019, we established the Japan Energy Fund, an overseas-focused decarbonized energy fund, with the aim of realizing a sustainable society by promoting decarbonized energy investments overseas. The fund invests in renewable energy projects in emerging countries and actively invests in energy venture companies with advanced technologies in Europe and the United States.
Providing a renewable energy matching platform for households and corporations
For household customers, we have implemented a filtering function on the electricity and gas comparison site, "ENECHANGE," to easily select power companies that offer tariffs with a de facto 100% renewable energy plan.
For corporate customers, we are expanding our ENECHANGE Biz lineup by strengthening our partnerships with power companies that offer renewable energy.
EV Charging Service Promotion Project
We are providing "ENECHANGE Cloud EV" and "EVsmart.net" to improve convenience for EV users and support service enhancement for EV-related businesses, in line with the spread of electric vehicles (EVs) aimed at realizing a decarbonized society.
Energy conservation activities in offices
Utilization of Electricity Derived from Renewable Energy
At our headquarters office in Toranomon 30 Mori Building, we are using renewable energy to power the building in order to contribute to urban decarbonization. We are also engaged in energy-saving activities, such as turning off lights in unused office spaces
Environment
Responding to Climate Change
Why this particular issue?
Our main business is to develop innovative services using technology from a market neutral position, focusing on the 4Ds of Energy including decarbonization, and we believe responding to climate change itself will lead to business growth.
Specific Initiatives
Our Platform business for liberalization, and our Data business for digitization, decarbonization, and decentralization
Business Model Resilience
Why this particular issue?
Because it is important to become a highly sustainable corporate entity in response to the long-term vision of the energy industry, and to grow by flexibly adapting to changes in the external environment and technological innovation.
Specific initiatives
Developing a Platform business that focuses on recurring revenue with positioning in the energy vertical
Social
Overall solutions to energy industry problems through expanding partnerships
Why this particular issue?
To actively expand partnerships across multiple industry fields, both domestically and internationally, and to promote the resolution of issues in the energy industry, which will lead to a unique positioning and strong barriers for competitors to entry.
Specific initiatives
Partnership strategy for Platform business, collaboration involving investment in overseas ventures for Data business, etc.
Protecting privacy and ensuring security
Why this particular issue?
As a responsible custodian of a large amount of data, including personal information, it is essential to maintain a robust data protection system at all times in order to prevent damage to corporate value caused by information leaks.
Specific initiatives
Disclosure of information security guidelines (planned), efforts toward DX certification
Hiring diverse personnel and remuneration appropriate for value creation
Why this particular issue?
To create a comfortable working environment by actively promoting human resources with diverse backgrounds and values, and to provide appropriate compensation for value creation, which will lead to long-term organizational competitiveness.
Specific initiatives
Remote work, Employee Stock ownership system, etc.
Governance
Governance systems that support management leadership
Why this particular issue?
Because it is in the common interest of shareholders to have effective governance by knowledgeable outside directors who support appropriate risk-taking, and to construct and operate a compensation design in line with fair standards.
Specific initiatives
Skills matrix disclosure, Nomination and Compensation Committee, etc.
Spreading codes of conduct that fit corporate ethics and ensuring compliance with the law
Why this particular issue?
To become an organizational entity that maintains high ethical standards and compliance awareness and continues to learn the necessary lessons to achieve them and protect corporate value.
Specific initiatives
Formulation of Compliance Risk Management Committee, Compliance Hotline, and Values and linking them to evaluation
Fair and transparent information disclosure
Why this particular issue?
In order to ensure management transparency, we must ensure fair disclosure and provide prompt and proactive information disclosure to the capital markets based on accuracy, fairness and continuity, which will build shareholder trust.
Specific Initiatives
Disclosure in English, proactive IR activities by CFO to institutional and individual investors, detailed disclosure of KPIs and risks