Basic Policy Basic Policy

MARUI GROUP CO., LTD., is promoting green businesses, which provide options for coexistence with the global environment, as described in MARUI GROUP's 2050 Vision, its long-term vision. This undertaking is prefaced on our belief that helping build a sustainable society and global environment through our business is part of our ethical responsibility toward future generations.

We recognize the importance of implementing PDCA (plan-do-check-act) cycles to manage our efforts to reduce environmental impacts while generating profits. Based on this recognition, MARUI GROUP has laid out a clear basic policy and defined priority issues and action policies.

1. Environmental Management

At MARUI GROUP, deliberation and decisions regarding initiatives for addressing environmental issues as well as the execution of these initiatives are carried out by the Sustainability Committee, an advisory body to the Board of Directors, and the ESG Committee, an organization positioned under the Compliance Promotion Board. Ongoing management of these initiatives is practiced through the implementation of PDCA cycles. In addition, coordination is pursued with divisions related to energy, resources, products, tenant development and management, and sustainability in advancing initiatives for addressing environmental issues. Furthermore, steps are taken to strengthen governance pertaining to environmental management through reports and proposals to the Board of Directors and the MARUI GROUP Environmental Policy is reviewed on an annual basis.

2. Legal Compliance

MARUI GROUP complies with environmental legislation, regional ordinances and agreements, the laws of relevant countries, and international environmental standards. Emphasis is also placed on abiding with international agreements, such as the United Nations Sustainable Development Goals.

3. Environmental Due Diligence

The priority issues that MARUI GROUP will need to tackle going forward cannot be surmounted by the Group alone. Rather, overcoming these challenges will require co-creation with all of MARUI GROUP's stakeholders and across its value chain. Recognizing this fact, MARUI GROUP practices environmental due diligence through a process of accurately identifying material environmental risks, issuing reports, pursuing improvements, and monitoring progress. Input from various stakeholders is utilized throughout this process.

4. Stakeholder Engagement

MARUI GROUP has defined its mission as promoting harmony and the expansion of the intersection between the interests (happiness) of six groups of stakeholders—customers, investors, business partners, communities and society, employees, and future generations. Accordingly, MARUI GROUP is incorporating feedback from and stepping up engagement with various stakeholders in its quest to address environmental issues through co-creation.

5. Environmental Awareness Improvement

MARUI GROUP aspires to improve environmental awareness through joint efforts with various stakeholders. Specific examples of such efforts include training for Group officers and employees aimed at facilitating the understanding and dissemination of environmental issues and the MARUI GROUP Environmental Policy and promoting related actions as well as communication activities aimed at customers and business partners.

6. Transparent Environmental Information Disclosure

MARUI GROUP conducts environmental information disclosure based on the recommendations of the Task Force on Climate-related Financial Disclosures and other international information disclosure standards. Periodic disclosure regarding environmental activities, their results, and the impacts on the Company's finances is conducted, third-party verification is received, and transparency is ensured.

Priority Issues and Action Policies Priority Issues and Action Policies Priority Issues and Action Policies

1. Climate Change

Climate change is an issue that threatens the very survival of the human race. In fact, this phenomenon has come to be referred to as a climate crisis. To address and help mitigate climate change based on the consensus laid out in the Paris Agreement, MARUI GROUP is implementing new measures, participating in international initiatives, promoting action across the supply chain, and taking other steps to realize a carbon-negative status.

Reduction of Greenhouse Gas Emissions

MARUI GROUP is engaged in energy conservation and renewable energy initiatives as part of its efforts to reduce greenhouse gas emissions. We consistently calculate the volume of emissions from MARUI GROUP and from across its value chain while pursuing emissions reduction goals that have been certified by the international initiative Science Based Targets to help keep the average global temperature below 1.5°C above pre-industrial levels.

Energy Conservation

MARUI GROUP is working to conserve energy through co-creation with stakeholders. For example, it is installing energy-efficient equipment in stores and offices, implementing other electricity-saving initiatives, cutting overtime hours through work style reforms, promoting green buildings, recruiting tenants dedicated to reducing environmental impacts, and encouraging business partners to conserve energy.

Renewable Energy Utilization

As a member of the RE100 initiative, MARUI GROUP aims to source 100% of its electricity from renewable energy. To this end, we are introducing renewable energy at Group stores and offices to move toward the accomplishment of our medium-to-long-term targets. In addition, we encourage customers to switch to electricity generated from renewable sources in order to propose fulfilling yet ecologically sound lifestyles.

2. Resource Recycling

MARUI GROUP is promoting resource recycling across its value chain, at steps including production, distribution, and product use, to preserve the planet's finite resources. Through co-creation with customers, business partners, and other stakeholders, we are promoting effective resource use, reducing waste, and combating pollution through proper chemical management with the goal of contributing to the realization of a sustainable, recycling-oriented society.

Waste Reduction

MARUI GROUP recognizes that it has a responsibility to reduce waste from its own activities as well as throughout its value chain spanning from material procurement to manufacturing, product sales, and product disposal. Accordingly, we are promoting the 3Rs (reduce, reuse, and recycle) and urging business partners to refrain from engaging in excessive production and cut back on their use of disposable items.

Sustainable Product Development

MARUI GROUP is developing recyclable products while utilizing biodegradable plastic and biological and renewable materials. In addition, we take part in co-creation with business partners in a supply chain-wide drive to deliver sustainable products and services through the reduction of environmental impacts, proper management of chemical substances, and other means.

Proper Waste Disposal

MARUI GROUP furnishes systems for disposing of food, industrial, and other waste, and we are promoting proper waste disposal for purposes such as preventing pollution. We also ask tenants and others at our business sites to properly sort waste in an effort to improve recycling rates.

Reduction of Container- and Packaging-Related Environmental Impacts

MARUI GROUP is transitioning to more eco-friendly materials for the shopping bags, gift wrapping, and other containers and packaging used in its stores and e-commerce operations with the goal of reducing the amount of plastic waste produced throughout society. We are also acquiring environmental certifications in this regard. At the same time, we encourage tenants to reexamine the materials used for their shopping bags and product packages.

Reduction of Food Loss and Waste

Together with its customers and business partners, MARUI GROUP endeavors to reduce food waste by promoting smaller portions and pre-ordering for food items. Moreover, food waste is rigorously sorted at business sites to improve recycling rates.

Water Resource Management

MARUI GROUP manages water resources with the goal of minimizing water pollution and emissions of hazardous chemicals and reducing its water consumption. We also encourage business partners and other associates across the supply chain to act in accordance with our CSR procurement policies in order to prevent water pollution along with the use of hazardous chemicals in product manufacturing activities.

3. Preservation of Sustainable Ecosystems

Our lives and economic activities are built on the natural blessings bestowed upon us by sustainable ecosystems. MARUI GROUP seeks to help preserve sustainable ecosystems through co-creation with its stakeholders. We are thus exercising consideration for biodiversity and engaging in CSR procurement with responsible suppliers.

Sustainable Procurement

MARUI GROUP approaches business partners to promote responsible and sustainable procurement across the supply chain and thereby ensure that it is able to supply customers with safe and secure products. We are committed to the appropriate procurement and use of materials and foods, goals we are pursuing by selecting organic materials subject to management of chemical substances and by taking precautions regarding animal welfare and the sustainability of production regions. In addition, MARUI GROUP aims to improve the reliability of its traceability measures.

Harmony with Nature

MARUI GROUP engages in co-creation with local communities for the purpose of preserving healthy ecosystems. This co-creation takes forms such as store and greenery development measures that are considerate of biodiversity and initiatives for combating the urban heat island phenomenon. Meanwhile, co-creation is pursued with customers to promote harmony with nature through means such as providing customers with opportunities and venues for engaging with nature.

Segment Initiatives Segment Initiatives

MARUI GROUP is advancing the following segment initiatives based on the aforementioned priority issues and action policies.

1. Retailing Segment

Store Initiatives

Omni-Channel Retailing Initiatives

Product and Service Development

2. FinTech Segment

Credit Card Initiatives

Environmental Awareness Initiatives Targeting Cardholders

3. New Businesses

Eco-Friendly Product and Service Development

Proposal of Ecologically Sound Lifestyles