- Declining population and limited expansion potential in the Japanese fashion industry.
- Risks associated with changing intellectual property rights, overseas operations, consumer needs, weather conditions, and business partners.
- Climate change risks (carbon tax, increased costs due to renewable energy, stricter regulations).
- Maintaining profitability while expanding overseas business.
Onward Holdings Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-03 to 2024-02 reporting, Onward Holdings Co., Ltd. disclosed greenhouse gas emissions of 203.9K tCO2e/year. By scope: Scope 1: 1.2K tCO2e/year; Scope 2: 5.5K tCO2e/year; Scope 3: 197.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
203.9K tCO2e/year
2023-03 to 2024-02
📊 Emissions by Scope (2023-03 to 2024-02)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.5K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 197.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-03 to 2024-02 | 203.9K tCO2e/year |
| 2022 | 4.4K thousand tons CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions (Scope 1 and 2) by 45.7% and 52.2% respectively compared to FY02/20.
- Reduced Scope 3 emissions by 14.5% compared to FY02/20.
- Improved clothing item circulation rate to 9.2% in FY02/24 from 5.8% in FY02/20.
- Introduced PLM system in 25 partner companies to improve traceability.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase Onward Members to 10 million by FY02/31.
- Achieve ¥100 billion in e-commerce sales by FY02/31.
- Achieve ¥30 billion or more in overseas business sales by FY02/31.
📅 Medium-term
- Achieve net sales of ¥300 billion and operating profit of ¥25 billion by FY02/31.
- 50% reduction in Scope 1 and 2 GHG emissions by FY02/31 (compared with FY02/20).
- 20% reduction in Scope 3 GHG emissions by FY02/31 (compared with FY02/20).
🔭 Long-term
- Effectively zero emissions in Scope 1 and 2 by FY02/51.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance