Sustainability Management
Sustainability Basic Policy
MIRARTH HOLDINGS Group hold its purpose as “To design sustainable environments for a happier future for both people and our planet,” and contribute to solving social issues and achieving the Sustainable Development Goals (SDGs) by engaging in sustainability activities through our business, such as the supply of housing and the introduction of natural energy, in order to gain trust from different stakeholders and society to achieve lasting development.
Sustainability Promotion System
The Group has established a sustainability promotion system based on the recognition that “addressing issues surrounding sustainability, including consideration of climate change and other global environmental issues, respect for human rights, consideration of employee health and the working environment and fair and appropriate treatment of employees, fair and appropriate transactions with business partners, and risk management in the event of natural disasters are important management issues.”
The Sustainability Committee has been established, chaired by the Representative Director and composed of directors, presidents and division heads of Group companies. The Committee is responsible for promoting ESG strategies, determining policies and measures concerning sustainability, examining key issues (materiality) and promoting measures to address them, reviewing their progress, and deliberating on improvement plans.
Message from the Director in Charge of Sustainability
Director, Group CFO and
Managing Executive Officer
Daisuke Nakamura
Sustainability is the concept that the environment, society, and the economy affect each other to make society sustainable, and it is necessary to balance the maintenance of a healthy environment and economic development with the Earth's limited resources. Following the adoption of the Sustainable Development Goals (SDGs) at the UN Summit in 2015 and the Paris Agreement at the Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC), companies have been expected to engage in sustainability in earnest. We are now facing major challenges that must be addressed by the entire world, such as climate change and other global environmental issues, the impact of COVID-19 infections, and rising conflicts and tensions in the international community.
As the global movement toward sustainability accelerates, Japan is also making a major shift toward a society-wide emphasis on sustainability, such as declaring its goal of carbon neutrality by 2050. We feel that the role companies should play as well as the expectations of stakeholders are increasing, and the importance of sustainability initiatives in companies is growing year by year.
The Group has contributed to urban development and community building through the supply and management of housing, as well as promoted ESG initiatives by expanding its business in the clean energy field, including the development and operation of renewable energy power plants.
As an initiative for FY2023, the Sustainability Committee, established in April 2022, took the lead in setting sustainability-related KPIs and monitoring their progress, analyzing scenarios for TCFD disclosure, and responding to climate change questionnaire of the Carbon Disclosure Project (CDP). In addition, as a response to climate change, we revised our target to reduce greenhouse gas emissions (Scope 1, 2, and 3) from the Group's business activities by 45% by FY2030 (compared to FY2022) and to achieve net zero emissions by FY2050 and discussed our measures to achieve this reduction.
We have also re-identified our materiality issues considering the transition to a holding company structure and changes in the business environment. In identifying these issues, the management of each Group company sorted out and clarified its own role and relationship in society, identified priority issues, and selected particularly important social issues through discussions at workshops. We have identified four sustainability key themes of “Realizing a Decarbonized Society,” “Creating Sustainable Cities,” “Enhancing Well-being,” and “Strengthening Governance,” and have set KPIs to measure specific results based on the ten newly identified materiality issues.
As part of our future efforts to reduce GHG emissions, we will promote various measures to “implement energy conservation,” “utilize renewable energy,” and “reduce GHG emissions during construction and operation.” We also plan to build a human rights due diligence system and promote supply chain management in cooperation with various stakeholders. We will accelerate our company-wide, cross-sectional efforts in all Group business activities to achieve sustainable growth of our business as an economic activity while giving due consideration to the environment and society, which are the foundation of our business.
Your continued support would be greatly appreciated.