Sustainability MENU

TCFD disclosures

Governance

The Ceres Sustainability Promotion Committee meets once a year in principle with the President and Representative Director acting as chairperson. Each year they deliberate on the identification, evaluation and management of risks and opportunities associated with sustainability, including climate change, as a whole. The Committee chairperson reports the details of this meeting to the Board of Directors.
When making decisions on all business activities (strategies, budgets, business plans, investments, etc.), we ensure the consistency of acknowledged risks and opportunities and the identified materiality before our decisions are implemented.

Click here for details on our sustainability promotion framework

Strategy

Risk/Opportunity Classification			Risk/Opportunity Actualization Period	Expected Impact and Targeted Area	Impact on our Business
Risk/Opportunity Classification			Risk/Opportunity Actualization Period	Expected Impact and Targeted Area	Less than 2°C Scenario	4℃ Scenario
Risk	Transition risk	Policy and regulatory risks	Short to medium term	[Company-wide] Energy supply costs are rising due to the implementation of carbon pricing and shifts to low-carbon energy usage.	Medium	Low
		Market risk	Medium to long term	[D2C] When not enough is done in regards to climate change measures within product supply chains (e.g., cosmetics and health foods manufactured and sold by the company), the company's products may fall out of favor with its customer base.	Medium	Low
		Reputational risk	Medium to long term	[Company-wide] Inadequate response to climate change by the company will make it difficult to procure funds, secure human resources, and continue business with customers and suppliers.	High	Low
	Material risk	Acute event risk (intensification of extreme weather events)	Short to long term	[Company-wide] It will become difficult to provide products and services due to damage to offices, data centers, and contractor factories in the event of a disaster, etc.	Low	High
Opportunities	Resource efficiency		Medium to long term	[Company-wide] Costs will be reduced by improving energy efficiency and through high capital efficiency.	Medium	Low
	Energy source		Medium to long term	[Company-wide] · Energy supply costs are reduced as renewable energy power generation and other technologies become widely adopted. · Energy can be steadily procured by distributing energy sources.	Medium	Low
	Products and services		Short to medium term	[Points] · Increased advertising for products and services with low environmental impact · Improvement of the popularity of our point media, "Moppy" due to increased donations to environmental organizations [D2C] · Increased preference for products such as cosmetics and health foods manufactured, sourced, and packaged with low environmental impact [Blockchain] · Increased preference for cryptocurrency staking services with comparatively low power consumption	High	Low
	Market		Short to long term	[Company-wide] Enjoyment of investment returns from participation in new markets using our core technologies	High	Low
	Resilience		Medium to long term	[Company-wide] Reduction of the risk of disruption to product and service distribution by geographically distributing offices, data centers, and outsourced product manufacturing facilities	Medium	High

Referenced Scenario
RCP2.6 (IPCC) and SDS (IEA) are used for the below 2°C scenario, and RCP8.5 (IPCC) and steps (IEA) are used for the below 4°C scenario. The risks and opportunities are identified and their impact levels are analyzed based on their respective assumed influences on society.

The time periods for the realization of risks and opportunities are defined as follows
Short-term:By the year 2026, which corresponds to our Medium-Term Management Plan period.
Medium-term:By the year 2030, which is the deadline for Japan to reduce greenhouse gas emissions by 46% from 2013 levels.
Long-term:By the year 2050, which is Japan's stated goal of achieving net-zero greenhouse gas emissions.

Risk management

Ceres believes that risks and opportunities should be identified and evaluated from multiple perspectives rather than limited to particular areas.
Due to this belief, we identify and evaluate risks and opportunities along with those related to climate change in a comprehensive way with those related to overall sustainability in order to determine our priorities.
The identified risks and opportunities are shared with the Risk Management Committee and are assessed in a comprehensive manner with other risks and opportunities.

Click here to see the risk management process for overall sustainability

Metrics and targets

Ceres is a member of the Japan Climate Leaders' Partnership (JCLP) and has shown its desire and drive to convert its electricity usage to 100% renewable energy. We have also participated in the Renewable Energy Pledge 100 RE Action campaign. Starting in fiscal year 2021, we began work on reducing our CO2 emissions by 100% by switching the power used for our offices and web servers such as our Moppy point site to electricity 100% sourced from renewable energy resources.

Ceres uses the GHG (Greenhouse Gas) protocol to measure and catalog its Scope 1 and Scope 2 emissions.
We have achieved zero emissions for Scope 1 and Scope 2 emissions since fiscal year 2021, and we will continue this commitment into the future.
Although we are not currently measuring or setting goals for Scope 3 emissions, we will continue to examine them while analyzing future trends.

Click here for environmental data

President’s Message and Sustainability Policy

Eco-friendly services and products