J. Front Retailing Co., Ltd. · TSE:3086
J. Front Retailing — ESG Presentation (December 2021)
31 slides from J. Front Retailing's sustainability presentation, Dec 2, 2021
Slide 1: 4th J. Front Retailing Co., Ltd. ESG Presentation
4th J. Front Retailing Co., Ltd. ESG Presentation December 2, 2021
Slide 2: Today's Agenda
Today’s Agenda ■Promotion of Sustainability Management YOSHIMOTO Tatsuya Director, President and Representative Executive Officer, J. Front Retailing Co., Ltd. ■Materiality Initiatives HIRANO Hidekazu Managing Executive Officer, Senior Executive General Manager of Management Strategy Unit J. Front R
Slide 3: Promotion of Sustainability Management
Promotion of Sustainability Management YOSHIMOTO Tatsuya Director, President and Representative Executive Officer 3
Slide 4: What Is Sustainability Management JFR Aims for?
What Is Sustainability Management JFR Aims for? 2 (1) Management based on the Corporate Credo and the Group Vision (always giving priority to management for the benefit of society), which are the starting points (2) Management that always considers risk reduction for stakeholders based on the Sustai
Slide 5: Sustainability Management and "Well-Being Life"
Sustainability Management and “Well-Being Life” 3 ・ Well-Being Life is the goal of the Group Vision. ・ Well-Being Life is to realize the mental wealth, physical wealth, social wealth and environmental wealth of all people as well as material wealth and economic wealth. ・JFR will use JFR's uniqueness
Slide 6: "Well-Being Life" and 7 Materiality Issues
“Well-Being Life” and 7 Materiality Issues 4 ・Added the “promotion of circular economy” and the “realization of customers’ healthy/safe/secure life” to existing materiality issues. ・Every effort to address materiality issues will lead to the realization of Well-Being Life.
Slide 7: Materiality Initiatives
Materiality Initiatives HIRANO Hidekazu Managing Executive Officer Senior Executive General Manager of Management Strategy Unit
Slide 8: "Well-Being Life" and Materiality Issues 2
“Well-Being Life” and 7 Materiality Issues ２ ・Added new materiality issues: the “promotion of circular economy” and the “realization of customers’ healthy/safe/secure life.” ・Realize Well-Being Life, which is the goal of the Group Vision, by promoting seven materiality issues. NEW NEW
Slide 9: "Risk Reduction" and "Creation of Business Opportunities"
“Risk Reduction” and “Creation of Business Opportunities” ３ in 7 Materiality Issues ・Promote efforts in each materiality issue in terms of both "risk reduction" and the "creation of business opportunities." ・For the creation of business opportunities (CSV), integrate the solutions of economic and so
Slide 10: Energy Policy for Carbon Neutrality
Energy Policy for Carbon Neutrality 4 Realization of Decarbonized Society Lead a decarbonized society and create a global 2030 KGI environment for future generations Ongoing efforts ● Reduced Scope 1 and 2 emissions by 32.0% in FY2020 compared to the SBT base year (FY2017) ● Revised up Scope1 and
Slide 11: Reduce Scope 3 in Collaboration with Suppliers
Reduce Scope 3 in Collaboration with Suppliers 5 Management of the Entire Supply Chain Realize decarbonization throughout the supply chain 2030 KGI created together with suppliers Scope 3 emission reduction targets Ongoing efforts 2020 2030 5.0% reduction 40% reduction ● Reduced Scope 3 emissions
Slide 12: Realize Well-Being That Protects the Human Rights and Health of Workers along the Supply Chain
Realize Well-Being That Protects the Human Rights 6 and Health of Workers along the Supply Chain Management of the Entire Supply Chain Together with suppliers, realize Well-Being that protects the human rights and 2030 KGI health of workers along the supply chain Ongoing efforts ● Conducted assess
Slide 13: Create New Business Opportunities by Promoting Circular Economy
Create New Business Opportunities by Promoting 7 Circular Economy Promotion of Circular Economy Realize a sustainable global environment for the future 2030 KGI and corporate growth through the promotion of circular economy Ongoing efforts ● Launched fashion subscription business AnotherADdress Ov
Slide 14: Well-Being Life Proposed for Customers
Well-Being Life Proposed for Customers 8 Realization of Customers’ Healthy/Safe/Secure Life Realize a future-oriented Well-Being Life that satisfies 2030 KGI the mind and body of customers and create safe, secure, and resilient stores Ongoing efforts ● Opened a healthcare mall Welpa in Shinsaibash
Slide 15: Make Local Areas Attractive with Stores at the Core
Make Local Areas Attractive with Stores at the Core 9 Coexistence with Local Communities Together with local people and centered on stores, 2030 KGI create prosperous future-oriented communities in which people gather Ongoing efforts ● Opened Shinsaibashi PARCO and BINO Sakae in 2020 through area
Slide 16: Revitalize the Organization by Realizing Diversity
Revitalize the Organization by Realizing Diversity 10 Promotion of Diversity & Inclusion Realize a highly diverse society in which everyone 2030 KGI recognizes each other’s diversity and flexibly demonstrates his/her individuality Ongoing efforts ● Share of women in management positions in FY2020
Slide 17: Increase Productivity by Realizing Flexible Work Styles
Increase Productivity by Realizing Flexible Work Styles 11 Realization of Work-Life Integration Realize the Well-Being Life of employees and their 2030 KGI families through new work styles for the future that realize diversity and flexibility Ongoing efforts ● Improved and expanded systems related
Slide 18: FY2020 Results and Targets of Materiality Issues (1)
FY2020 Results and Targets of Materiality Issues (1) 12
Slide 19: FY2020 Results and Targets of Materiality Issues (2)
FY2020 Results and Targets of Materiality Issues (2) 13
Slide 20: Specific Circular Economy Initiative "AnotherADdress"
Specific Circular Economy Initiative “AnotherADdress” TABATA Ryuya Head of AnotherADdress Business DX Promotion Division, Management Strategy Headquarters Daimaru Matsuzakaya Department Stores Co. Ltd. 20
Slide 21: Background
Background 2 Subscription business "AnotherADdress" [Promotion of circular economy] ・Departure from mass production, consumption and disposal →Business model transition from a linear economy to a circular economy Initiative to recycle resources [Response to customers’ new values] ・Increasing awarene
Slide 22: Service Overview
Service Overview 3 Launched "AnotherADdress" in March 2021 Subscription-type fashion service that allows a customer to freely rent 3 pieces from sophisticated brands 3 pieces Free shipping Sophisticated for a month Can buy and returns Freely select Can exchange rented items brands for ¥11,880 No cle
Slide 23: Business Concept
Business Concept 4 Business concept based on circular economy Merger of intrinsic value of fashion and simple life
Slide 24: Business focused on customers' new values
Resonance with Customers 5 Business focused on customers’ new values [Customer feedback] I experienced the economic bubble and my 10-square-meter closet is always flooded with clothes, which has made me feel uncomfortable recently. The subscription service that allows me to enjoy a variety of clothe
Slide 25: Sustainable Partners
Sustainable Partners 6 Co-creation with partners that promote sustainable initiatives Logistics Cleaning and repair Recycling (3PL company) (Delivery company) (Cleaning company) (Recycling company) (Delivery company) (Repair company) We have decided to join AnotherADdress because we support their ef
Slide 26: Current State and Challenges of the Company's Governance from an Independent Outside Director's Perspective
Current State and Challenges of the Company’s Governance from an Independent Outside Director’s Perspective SATO Rieko, Director 26
Slide 27: Agenda
Agenda 1. The Company’s Governance Initiatives 2. Future Challenges 3. Roles of Independent Outside Directors
Slide 28: The Company's Governance Initiatives
The Company’s Governance Initiatives 3 ■ From establishing and developing systems to ensuring high effectiveness Agenda setting and discussion with a focus on the Group strategies from a medium- to long-term perspective to enhance corporate value Agenda setting and discussion on current challeng
Slide 29: Future Challenges
Future Challenges 4 ■ Expectations and challenges Optimization of business portfolio and human resources policy to support its realization *Development of new business models, response to digital shifts, etc. To accelerate transformation
Slide 30: Roles of Independent Outside Directors
Roles of Independent Outside Directors 5 ■ Expected roles To curb runaway To support positive and decisive management decisions ■ Stance To freely give opinions without considering what management wants *Unconstrained by past bonds and background
Slide 31: Well-Being Life
Well-Being Life Create and Bring to Life "New Happiness." GD J. FRONT RETAILING
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