Status of Greenhouse Gas Emissions

Greenhouse Gas Emissions

Greenhouse Gas Emissions*1

  • *1Figures marked with “†” have been guaranteed by an independent assurance provider for the values included in our Integrated Report.
  • *2We are calculating greenhouse gas emissions based on the GHG Protocol. Calculations for Scope1 and 2 are based on the properties where the Hulic Group occupies or manages business operations (36 properties in FY 2020, 41 properties in FY2021, 40 properties in FY2022, 48 properties in FY2023, and 262 properties in FY2024). In addition, properties held at the end of term are subject to the calculation (Properties acquired during the reporting year for the period from the acquisition date to the end of the term are included). In FY2024, the number of properties increased compared to the previous year due to the implementation of M&A during the period. The unit calorific values and the emission factors are based on values in the Act on the Rational Use of Energy and the Act on Promotion of Global Warming Countermeasures. Until FY2020, greenhouse gas emissions from one hotel operated by a subsidiary were calculated based on our ownership ratio in that property, but starting in FY2021, emissions are calculated based on operational control. The boundary and calculation method for Scope3 are disclosed on this page. GHG emissions quantification is subject to uncertainty when measuring activity data, determining emission factors, and considering scientific uncertainty inherent in the Global Warming Potentials.

Greenhouse Gas Emissions

  Greenhouse Gas Emissions (t-CO2e)  
2019
(Base year)		 2020 2021 2022 2023 2024  
Scope1 Direct Emissions 14,931 10,490 11,369 13,151 13,259 13,869†  
Scope2 Indirect Emissions (market based) 25,067 18,529 17,473 20,966 5,105 148†  
Subtotal Scope1 and Scope2 39,997 29,019 28,842 34,118 18,364 14,017 ←65% reduction
　compared to
　base year
Scope3 Indirect Emisssions              
1. Purchased goods and services 18,303 24,723 24,497 33,122 34,218 45,182  
2. Capital goods 20,730 39,142 19,638 30,727 62,327 67,300  
3. Fuel and energy related activites 6,597 5,132 5,238 6,112 3,939 3,728  
4. Upstream transportation and distribution — — — — — —  
5. Waste generated in operations 2,276 2,296 1,419 3,016 4,497 2,101  
6. Business travel 244 251 194 176 177 369  
7. Employee commuting 455 430 283 307 338 695  
8. Upstream leased assets — — — — — —  
9. Downstream transportation and distribution — — — — — —  
10. Processing of sold products — — — — — —  
11. Use of sold products 36,984 88,280 43,315 33,033 32,417 19,471  
12. End of life treatment of sold products 193 484 1,005 712 474 713  
13. Downstream leased assets 143,225 109,328 115,114 132,191 122,765 124,973†  
14. Francises — — — — — —  
15. Investments — — — — — —  
Scope3 Categories 11
and 13 ＊5		 180,209 197,608 158,429 165,224 155,182 144,443 ←20% reduction
　compared to
　base year
Subtotal Scope3 229,006 270,066 210,703 239,397 261,152 264,530†  
Total 269,004 299,085 239,545 273,514 279,516 278,547  
  • —: Not applicable
  • *1Figures marked with “†” have been guaranteed by an independent assurance provider for the values included in our Integrated Report.
  • *2Hulic manages the amount of permissible leaks as an administrator based on the Act on Rational Use and Proper Management of Fluorocarbons and they are included in the calculations of greenhouse gas emissions. Note that we do not report or disclose this data as the amount of leaks is below the reporting standards.
  • *3Our calculation of Greenhouse Gas Emissions adopts the criterion of operational control.
  • *4Scope2 (Location based) FY2024 Result：24,638 t-CO2e
  • *5Scope3 Target (approved by SBTi) is set for Categories 11 and 13.

Calculations of Greenhouse Gas Scope3 Emissions

Total Energy Consumption

(MJ)

2020 2021 2022 2023 2024
599,718,983 603,949,285 694,169,900 727,418,203 791,948,993
  • *The boundary is the properties where the Hulic Group occupies or manages business operations (36 properties in FY2020, 41 properties in FY2021, 40 properties in FY2022, 48 properties in FY2023 and 262 properties in FY2024). In addition, properties held at the end of term are subject to the calculation (Properties acquired during the reporting year for the period from the acquisition date to the end of the term are included). In FY2024, the number of properties increased compared to the previous year due to the implementation of M&A during the period.

Green Procurement Initiatives

Hulic is working to reduce environmental impacts throughout all of our operations, and we also ask our business partners to agree to the following green procurement policy and work together with them.

  1. To engage in energy-saving activities and reduce GHG emissions;
  2. To reduce the amount of water consumption as much as possible;
  3. To carry out a biodiversity-friendly business;
  4. To fully prevent environmental pollution; and
  5. To make efforts to save resources and reduce the amount of waste.
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