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Home > Sustainability > E:Environment>Climate change

Climate change

Issue recognition / Response policy

  • As the effects of climate change become apparent in all parts of the globe, efforts aimed at realizing a carbon-free society are becoming more active worldwide. In 2015, the United Nations Framework Convention on Climate Change (COP21) adopted the new international framework "Paris Agreement" for reducing greenhouse gas emissions after 2020, and Japan has set a greenhouse gas reduction target. , We have set a goal of reducing greenhouse gas emissions by 46% from fiscal 2013 to fiscal 2030, and reducing greenhouse gas emissions to virtually zero by 2050.
  • The impact of our business activities on climate change is thought to be largely due to the use of energy in stores. In addition to working on LED store lighting and the introduction of EMS for air conditioning, we have sold (*) the CO2 emissions reduced by these efforts through the J-credit system, etc. to reduce CO2 emissions for society as a whole. I am contributing.
  • The Japan Chain Drugstore Association (JACDS), which is an industry group of drugstore companies to which our company belongs, established the SDGs Promotion Committee from FY2019, and as one of the basic themes of the business plan, "SDGs initiatives throughout the industry" To promote ". The Tsuruha Group supports this policy and will endeavor to promote SDGs throughout the industry by cooperating and cooperating with JACDS and its member companies.

(*) J-credit system: A system in which the national government certifies the amount of reduction and absorption of greenhouse gases such as CO2 as "credits" through efforts such as the introduction of energy-saving equipment and forest management. The generated credits are used for various purposes such as achieving the goals of the Low Carbon Society Action Plan and carbon offsetting. Since 2012, we have been conducting emission allowance transactions utilizing the "domestic credit system," which is the predecessor of this system.

Utilization of renewable energy

In 2021, we began introducing self-consumption solar power generation, which uses renewable energy to cover part of the electricity used in our stores. As of May 2023, it has been installed in 58 stores, contributing to the reduction of CO2 emissions associated with store operations.

Reduction of dispensing drug delivery

We are working with drug wholesalers to reduce the number of deliveries of ethical drugs at dispensing pharmacies, contributing to the reduction of CO2 emissions associated with transportation.

Purchased product receiving service on EC site

We provide a service that allows you to specify the Tsuruha Group stores as a place to receive products purchased from EC sites, etc., and contribute to the reduction of CO2 emissions associated with the delivery of courier services.

Response to natural disaster risk

With climate change, the risk of natural disasters such as heavy rains and floods may increase. The Tsuruha Group has concluded agreements with local governments regarding disaster support in order to support the lives of local residents through the supply of supplies even in the event of a disaster, and is also conducting fund-raising activities at stores as needed.

TCFD

We are working to disclose information on the financial impact of climate change-related risks and opportunities in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).


◇Climate change countermeasures (initiatives) Response to TCFD recommendations
As the effects of climate change become apparent in all regions of the world, efforts to realize a decarbonized society are gaining momentum worldwide.
In 2015, the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) adopted a new international framework, the Paris Agreement, to reduce greenhouse gas emissions from 2020 onwards. , we have set a goal of reducing greenhouse gas emissions by 46% from fiscal 2013 levels by fiscal 2030, and net zero greenhouse gas emissions by 2050.
From the perspective of the three elements of ESG (Environment, Social, and Governance), the Group strives to solve social issues that change with the times while achieving business growth. We aim to create a better society and continuously improve corporate value while meeting the expectations of our various stakeholders, including business partners and local communities.
We recognize that responding to climate change is an important issue for the Group, and we are working to reduce greenhouse gases and save energy.
Going forward, we will continue to expand our disclosure of climate change-related information in line with the TCFD recommendations and promote sustainable business activities that reduce environmental impact.

◇Measures for governance related to climate change
The Group recognizes that responding to climate change risks, including global environmental problems, is one of the most important issues facing the world.
With regard to responding to climate change risks, under the supervision of the Board of Directors, the Group Risk Management Committee, chaired by the President and Representative Director, analyzes and responds to Group-wide risks, including those related to climate change.
In the event that a situation occurs or is likely to have a significant impact on the management of the Group, the Group Risk Management Committee shall promptly take the necessary initial response and minimize damage and impact. , and will be installed in December 2021 for the purpose of preventing those occurrences.
With regard to risks related to climate change, the Group Risk Management Committee receives climate change risk review reports from members of the ESG Promotion Project TCFD, deliberates and considers them within company-wide risk management, and responds to identified risks and opportunities. We are promoting initiatives such as examining countermeasures and reducing CO2 emissions.
The Board of Directors receives reports twice a year on important matters deliberated by the Group Risk Management Committee, and formulates policies and action plans for responding to climate change risks.We will continue to review and supervise.


◇Scenario analysis for climate change-related risks and opportunities
Our group is exemplified in the TCFD recommendationsWe conducted a scenario analysis based on the risks and opportunities brought about by climate change. In scenario analysis, it is necessary to select and set scenarios for multiple temperature zones, including scenarios of 2°C or less. Two scenarios were selected for the 4°C scenario.


◇ Business scenarios for transition risks/opportunities and physical risks/opportunities
Transition Risks/Opportunities: Decarbonization Scenario (1.5°C)
 Transition risks and opportunities were examined based on a decarbonization scenario in which various regulations related to the transition to a low-carbon economy are introduced to achieve the 1.5°C target.
In the decarbonization scenario, there will be an increase in costs due to the introduction of a carbon tax due to the tightening of environmental regulations by the government, an increase in costs such as price increases due to an increase in demand for renewable energy, and an increase in resource procurement costs due to the implementation of measures to combat global warming on a global scale. It is assumed.
On the other hand, in order to reduce the environmental impact toward the realization of a decarbonized society, we are promoting the reduction of CO2 emissions per store through the introduction of energy-saving equipment and solar power generation at each store.
In addition, in order to respond to the expansion of ethical ecology, we aim to increase the ratio of environmentally friendly private brand products to 13% by 2030, and we will continue to develop environmentally friendly products.
In terms of logistics, we will also promote efforts to reduce CO2 emissions from the logistics side by promoting a pharmaceutical distribution optimization model and improving efficiency and productivity through white logistics. Regarding risks such as increased resource procurement costs on the procurement side, we will continue to provide customers with products of stable quality without interrupting the supply chain, based on the cooperation and mutual trust of each business partner.

Physical Risks and Opportunities: Global Warming Scenario (4°C)
In terms of physical risks and opportunities, we anticipate that there will be a certain level of demand for the pharmaceuticals sold at our stores in response to chronic health damage caused by rising temperatures. Suspension of store activities and disruption of supply chains due to the occurrence of natural disasters are major risks. In addition, in order to avoid the suspension of business activities due to disasters and rising temperatures, it is necessary to invest in equipment such as air conditioning and disaster countermeasures, and the increase in insurance premiums due to the frequent occurrence of natural disasters also places a burden on store operations.
In order to respond to major disasters including climate change risks, we have formulated a BCP (Business Continuity Plan) system on a company-wide basis and are prepared to continue operations even in the event of an emergency.
We will continue to review our BCP system on a regular basis while keeping an eye on technology innovation.

Impact of introducing carbon tax
The financial imp