Realization of a Carbon-free Society Sustainability

We have been working to reduce energy use and CO₂ emissions at our main offices since before. To further boost these efforts and to reduce CO₂ emissions across the supply chain, we have included “Realization of a carbon-free society” as a key issue in our medium-term management plan. We will strengthen cooperation with suppliers, aiming to procure raw materials that do not come from fossil fuel sources, and to achieve carbon neutrality. Furthermore, to achieve the Paris Agreement’s goal of “holding global temperature increase to 1.5°C above pre-industrial levels,” we have obtained Science Based Targets initiative (SBTi) certification for our targets and are working to reduce greenhouse gas emissions.

We are also promoting initiatives towards the realization of a carbon-free society, centered on our EMS Committee, chaired by our President and Representative of Board. The EMS Committee manages actual greenhouse gas emissions of each of our offices every month and strives to reduce these emissions. Progress is also reported at bi-annual Environmental Management Meetings.

The Goldwin Group continues to actively reduce greenhouse gas emissions. Greenhouse gas emissions from domestic business locations in FY 2024 totaled 89 t-CO₂, while emissions from directly managed stores totaled 2,810 t-CO₂.

Total emissions including Scope 1, 2, and 3 decreased by 50,029 t-CO₂ compared to the previous fiscal year, finishing at 212,835 t-CO₂.

Moving forward, we will further strengthen our efforts to reduce emissions based on these calculations. Specifically, in addition to Scope 1 emissions directly emitted by our company, we will reduce Scope 2 emissions by converting our directly managed stores to renewable energy and utilizing non-fossil fuel certificates. Furthermore, while referencing the carbon footprint calculations for our products and clarifying key reduction points, we will also strengthen our efforts to reduce Scope 3 Category 1 emissions, which account for a significant portion of our greenhouse gas emissions, by developing products with lower CO₂ emissions and enhancing collaborations with suppliers.

Undergoing third-party verification for greenhouse gas (GHG) emissions

To enhance the reliability of our greenhouse gas (GHG) emissions calculation, we underwent third-party verification from SGS Japan Inc. and announced the verification results.

We will continue to promote initiatives to reduce CO₂ toward the realization of a carbon-free society and properly understand and manage the environmental impact associated with our business activities. We will also provide our stakeholders with accurate information in an easy-to-understand manner and accelerate initiatives to reduce environmental impact.

The Group is working to calculate our carbon footprint of products with the goal of reducing Scope 3 Category 1 emissions (purchased goods and services), which account for the majority of our greenhouse gas emissions.
In FY 2024, we participated in the Ministry of the Environment’s “FY2024 Model Project for carbon footprint of products and services. ” We calculated the carbon footprint of the Baltoro Light Jacket (2024 Fall/Winter model), a representative product of our outdoor apparel brand THE NORTH FACE.
The results revealed that emissions during the raw material procurement stage account for approximately 80% of the total emissions for this product, identifying that reducing emissions at the material stage, particularly for fabrics, is a major issue.
Based on this knowledge, as part of our efforts to reduce greenhouse gas emissions, the 2025 Fall/Winter model of the Baltoro Light Jacket uses recycled nylon in its outer fabric. Compared to using fossil-derived materials, this achieves a reduction of approximately 1.8 kg of CO₂ emissions throughout the entire process from raw materials to manufacturing.
We will continue to strengthen our collaborations with suppliers and promote measures that reduce emissions from the raw materials stage.
Furthermore, we will expand carbon footprint calculations to cover a broader range of the Group’s products, increasing our understanding of the situation and enhancing reduction strategies.

Details of the product

Product name
Baltro Light Jacket (Unisex)

Size
L

Material
<Outer fabric> – Front: 100% nylon, Back: ePE
<Lining> 100% nylon
<Filling> 72% down, 20% rayon, 8% feather

Calculation unit
1 piece

Structural parts in calculation
Product body, storage bag, brand name, fabric label, price tag, product packaging plastic bag, etc.

The Goldwin Group continues to reduce greenhouse gas emissions.
The total energy consumption at major domestic locations in FY 2024 was 29,781 GJ, a reduction of 4,766 GJ from FY 2023, but the combined total energy consumption of major domestic locations and directly managed stores increased by 2,285 GJ. This increase is due to higher consumption of city gas used for powering electricity at directly managed stores and for air conditioning at tenant stores in shopping malls. The use of both gasoline and diesel fuel decreased thanks to our efforts to promote the use of public transportation. We will continue our energy conservation efforts and work towards reductions in FY 2025.

To reduce greenhouse gas emissions, our Group is shifting to renewable energy sources for the electricity we use. As part of these efforts, we have installed independent power generation systems using solar panels at our business premises in the Toyama region.

In FY 2024, electricity consumption increased due to expanded business activities and revisions to the calculation method for air conditioning usage in directly managed tenant stores. Nevertheless, the ratio of renewable energy use increased by 2.3 % from the previous year to reach 59.3%, indicating steady progress in its transition. Going forward, we will continue to visualize the situation and refine calculation methods while steadily transitioning to renewable energy.