Three Businesses

In the world of 2050, we expect only those businesses that coexist with the global environment will be able to survive. Moreover, forging a sustainable future in harmony with the global environment for future generations will require us to cultivate the younger generations that will shape society 30 years from now, growing them into leaders that can guide society. Recognizing this fact, MARUI GROUP has subdivided its inter-generational businesses into green businesses and human businesses, through which it will provide options for coexistence with the global environment and future generations.

MARUI GROUP defines inter-generational green businesses as businesses that provide sustainable options for coexistence with the global environment which transcend the current and future generations. Activities and investments for reducing environmental impacts can place downward pressure on short-term earnings in the form of costs. However, if we avoid these actions, we will burden future generations with the disadvantages of environmental issues. Adopting renewable energy, for example, requires short-term costs to make the necessary initial investments. Viewed from a long-term perspective, however, these investments will create sustainable value for future generations. Initiatives for reducing CO₂ emissions, meanwhile, are themselves sources of innovation for creating new green businesses and thus have the potential to increase long-term earnings. In recognition of this fact, MARUI GROUP has set key performance indicators (KPIs) for its long-term targets that are linked to activities for reducing environmental impacts and to earnings. By managing these KPIs, we will advance environmental issues as a business.

For its green businesses, MARUI GROUP has defined the indicators of environmental efficiency. In addition, we have received certification from the Science Based Targets initiative in March 2018 for our targets for reducing emissions of CO₂ and other greenhouse gases throughout the Group. The Company also became a member of RE100 in July 2018, declaring its target of sourcing 100% of its electricity from renewable energy by 2030 (along with a medium-term target of sourcing 70% by 2025).

MARUI GROUP's new greenhouse gas emissions reduction target was certified by the Science Based Targets initiative as a target for keeping average temperatures below 1.5℃ above pre-industrial levels on September 30, 2019.