Avant Group Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Avant Group Corporation disclosed greenhouse gas emissions of 8.0K t-CO2e/year. By scope: Scope 1: 0 t-CO2e/year; Scope 2: 516.138 t-CO2e/year; Scope 3: 7.4K t-CO2e/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
8.0K t-CO2e/year
2022
⚡
Renewable Energy
100%
of total energy
⚙️
Energy Use
1.1K thousand kWh/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0 t-CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.516.138 t-CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).7.4K t-CO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Achieve net sales of ¥18 to ¥22 billion in FY2023.

📅 Medium-term

  • Increase the Recurring Sales Ratio to 70%.
  • Achieve operating income of ¥3.1 to ¥3.8 billion in FY2023.
  • Raise GPP (Sales Growth Rate + Operating Profit Margin) to 40 points or more.
  • Maintain ROE at around 20% or more.
  • Gradually raise DOE to 8% from the current 5% level.

🔭 Long-term

  • Become a world-class software company.

🌱 ESG Focus Areas

Corporate GovernanceHuman RightsClimate ChangeEnvironmental ConservationEmployee Well-being

⚠️ Challenges & Risks +

  • Difficulty in linking strategic KPIs to ground-level activities.
  • Insufficient communication with the team executing the company's management strategy.
  • Low recurring sales ratio (34.6% in FY2022).
  • Difficulty in achieving the target value of GPP (Sales Growth Rate + Operating Profit Margin).
  • Risk of not producing expected investment results due to market changes.
  • Risk of security incidents such as information leakage.
  • Risk of product failure.
  • Risk of service quality deviation from initial estimates.
  • Risk of not progressing as planned in securing and fostering excellent human resources.
  • Risk of business investment not producing expected results.

📋 Report Information

Reporting Period: 2022
Frameworks: TCFD