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Three Businesses

With eyes to 2050, MARUI GROUP has defined thee businesses founded on co-creation as the instruments for realizing its vision of "harnessing the power of business to build a world that transcends dichotomies."

MARUI GROUP's Three Businesses

These three businesses capitalize on MARUI GROUP's core value—the co-creation of creditability—as well as on the strengths and platforms cultivated through existing businesses. Furthermore, the businesses overlap with one another, as opposed to being completely isolated. By expanding the intersection between these three businesses and thereby generating happiness for all people, including future generations, MARUI GROUP's 2050 Vision can be realized.

Three Businesses Founded on
Co-Creation for Generating Happiness

Inter-Generational Businesses

In the world of 2050, we expect only those businesses that coexist with the global environment will be able to survive. Moreover, forging a sustainable future in harmony with the global environment for future generations will require us to cultivate the younger generations that will shape society 30 years from now, growing them into leaders that can guide society. Recognizing this fact, MARUI GROUP has subdivided its inter-generational businesses into green businesses and human businesses, through which it will provide options for coexistence with the global environment and future generations.

Green Businesses (Options for Coexistence with the Global Environment)

MARUI GROUP defines inter-generational green businesses as businesses that provide sustainable options for coexistence with the global environment which transcend the current and future generations. Activities and investments for reducing environmental impacts can place downward pressure on short-term earnings in the form of costs. However, if we avoid these actions, we will burden future generations with the disadvantages of environmental issues. Adopting renewable energy, for example, requires short-term costs to make the necessary initial investments. Viewed from a long-term perspective, however, these investments will create sustainable value for future generations. Initiatives for reducing CO2 emissions, meanwhile, are themselves sources of innovation for creating new green businesses and thus have the potential to increase long-term earnings. In recognition of this fact, MARUI GROUP has set key performance indicators (KPIs) for its long-term targets that are linked to activities for reducing environmental impacts and to earnings. By managing these KPIs, we will advance environmental issues as a business.

For its green businesses, MARUI GROUP has defined the indicators of environmental efficiency and ratio of circular revenue. In addition, we have received certification from the Science Based Targets initiative in March 2018 for our targets for reducing emissions of CO2 and other greenhouse gases throughout the Group. The Company also became a member of RE100 in July 2018, declaring its target of sourcing 100% of its electricity from renewable energy by 2030 (along with a medium-term target of sourcing 70% by 2025).

MARUI GROUP's new greenhouse gas emissions reduction target was certified by the Science Based Targets initiative as a target for keeping average temperatures below 1.5℃ above pre-industrial levels on September 30, 2019.

Long-Term Targets Medium-Term
Targets (5 years
in the future)
Long-Term
Targets (10 years
in the future)
Ultralong-Term
Targets (30 years
in the future)
Environmental efficiency*1 10.2 15 or more 20 or more
Greenhouse gas emissions
(Scope 1 & 2)*2
20% reduction 80% reduction 90% reduction
Greenhouse gas emissions
(Scope 3)*2
35% reduction
Ratio of electricity sourced
from renewable energy
70% 100%
Resource recycling rate 60% 70% 100%
Ratio of circular revenue*3 30% or more 40% or more 50% or more

*1 Environmental efficiency = Operating income ÷ CO2 emissions

*2 Scope 1 & 2 represent greenhouse gas emissions from the Group. Scope 3 represents greenhouse gas emissions from areas including raw material procurement, transportation, and use by customers.

*3 Ratio of circular revenue = Circular sales / Transactions ÷ Total Retailing segment transactions

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