- Sluggish performance and inability to thoroughly implement reforms.
- Delayed response to changing customer needs.
- Prioritization of comfort over functionality in innerwear.
- Declining domestic demand due to population decline.
- Lack of competitiveness due to slow innovation.
- Declining corporate attractiveness and a serious shortage of staff.
- Rising procurement costs due to changes in the external environment.
- Stagnant personal consumption in China due to a worsening business climate.
Wacoal Holdings Corp.
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Wacoal Holdings Corp. disclosed greenhouse gas emissions of 5.9K tCO2e (Scope 1 & 2) + 298553 tCO2e (Scope 3). By scope: Scope 3: 298.6K tCO2e. 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
5.9K tCO2e (Scope 1 & 2) + 298553 tCO2e (Scope 3)
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 298.6K tCO2e |
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 |
|---|---|
| 2024 | 5.9K tCO2e (Scope 1 & 2) + 298553 tCO2e (Scope 3) |
| 2023-05 to 2024-04 | 807.7 thousand t-CO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Began calculating GHG emissions for the entire supply chain (Scope 3) of the Wacoal Business (Domestic) in 2021.
- Sequentially replacing equipment with cost-effective energy-saving devices to reduce greenhouse gas emissions at domestic business sites.
- Engaging suppliers by holding briefing sessions on environmental policies and initiatives to reduce Scope 3 emissions.
- Calculated greenhouse gas emissions for garment factories in overseas operations.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve the sales profit ratio by 3 pts to 4 pts and SG&A expenses by 4 pts to 5 pts by FY2026 (compared to FY2023).
📅 Medium-term
- Achieve VISION 2030 goals by FY2031 (details not fully specified in report).
- Reduce in-house emissions (Scope 1 and 2) by 9% and supply chain emissions (Scope 3) by 11% by 2030 (compared to FY2020).
🔭 Long-term
- Net zero emissions (Scope 1 & 2) for domestic businesses by 2030.
- Zero product waste (Wacoal Corp.) by 2030.
- 50% rate of environment-friendly materials used (Wacoal Corp.) by 2030.
🌱 ESG Focus Areas
Climate ChangeHuman RightsHuman CapitalCSR ProcurementDiversity & InclusionCorporate Governance