- Intensifying competition, rising raw material prices, and soaring labor costs.
- Global financial tightening and concerns about the Chinese economy.
- Compounding adversities such as soaring procurement costs, rising resource and material prices, and increased transportation expenses.
- Maintaining affordable prices while ensuring gross profit.
- Complying with various country-specific regulations in global expansion.
- Labor shortages.
Nitori Holdings Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Nitori Holdings Co., Ltd. disclosed greenhouse gas emissions of 226.1K t-CO2e/year (FY2023). By scope: Scope 1: 26.9K t-CO2e/year (FY2023); Scope 2: 202.2K t-CO2e/year (FY2023). 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
226.1K t-CO2e/year (FY2023)
2023-04 to 2024-03
Water Usage
1.5M ㎥/year (FY2023)
2023-04 to 2024-03
Waste
42.7K tons/year (FY2023)
2023-04 to 2024-03
Energy Use
637.6K MWh/year (FY2023)
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 26.9K t-CO2e/year (FY2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 202.2K t-CO2e/year (FY2023) |
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 |
|---|---|
| 2023-04 to 2024-03 | 226.1K t-CO2e/year (FY2023) |
| 2021-02-21 to 2022-02-20 | 243.3K tCO2e/year (Scope 1+2) |
| 2021 | Reduced by 496,000t CO2e over 5 years compared to new construction |
| 2019-02-21 to 2020-02-20 | 1.9K t-CO2 (reduction) |
| 2018-2021 | 243.3K t-CO2e (FY2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Began operating solar power generation at some stores, with surplus energy supplied to other stores.
- Reduced waste emissions by 34.5% compared to FY2018 (Japan) and initiated various recycling programs for curtains, down quilts, and towels.
- Achieved an 89.6% recycling rate for industrial waste in FY2023 (Japan).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce waste emissions by 50% or more by FY2030 (Japan and Global).
- Achieve 100% recycling rate of collected products by FY2030 (Japan and Global).
🔭 Long-term
- Achieve carbon neutrality (Scope 1 and 2) by FY2050.
- Achieve 100% recycling rate of waste by FY2050.
- Achieve 100% product development based on the premise of resource recycling by FY2050.
🌱 ESG Focus Areas
Climate ChangeCircular EconomyHuman CapitalSupply Chain ManagementCommunity Investment