Commitment to Protecting the EnvironmentSUSTAINABILITY FOR THE MEDIA DO GROUP
The reduction of environmental impacts is a task of utmost importance. This task is crucial to advancing the MEDIA DO Group’s quest to become an entity that is still operating a century from now and to ensuring that we can pass on a sustainable global environment to future generations. The global society is thus increasingly advocating the pursuit of a low-carbon, circular society to limit climate change.
A long-term approach toward activities to reduce environmental impacts is imperative to support sustainable development on a global scale. The MEDIA DO Group is not limiting its efforts to tracking the use of resources and energy in its business activities and taking steps to improve efficiency. We go further, contributing to the reduction of adverse impacts on the environment on an industrywide scale.
For more information, please refer to below.
- MEDIA DO Group Environment Policy
Reduction of Environmental Impacts and Response to Climate Change
The MEDIA DO Group itself has a relatively low dependency on natural capital, given the characteristics of its business. Accordingly, the risk of climate change having a direct impact on business activities or financial targets over the short to medium term has been deemed to be low. The publishing industry as a whole, however, impacts the environment through the consumption of paper, the use of energy for distribution, and the return and disposal of written works. Given this situation, the Group’s efforts to increase the use of eBooks and to promote the digital transformation of the overall publishing industry, while not contributing directly to improvements in the Group’s corporate value, has the potential to contribute to reduced distribution energy use for publications and the publishing industry. These reductions in energy use will also help combat climate change by lowering energy consumption and greenhouse gas emissions. Going forward, the Sustainability Committee will examine the possibility of enhancing information disclosure through scenario analyses, targets, and management processes incorporating long-term climate change risk and opportunities based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
Climate Change-Related Risks and Opportunities
|Reduction of physical energy consumption through popularization of eBooks||Present|
|Carbon taxes, new/higher carbon prices, etc.||Medium term|
|Markets||Higher costs for introducing renewable energy||Medium term|
|Change in user preferences||Medium term|
|Increased opportunities for investing in greenhouse gas emission-limiting business||Long term|
|Technologies||Evolution of eBook distribution systems||Long term|
|Improvement of book distribution efficiency and reduction of book returns through database use||Medium term|
|Reduction of transportation energy use and costs through digitization||Medium term|
|Physical risks||Halts or delays to operations due to typhoons, floods, or other abnormal weather events||Short term|
NOTES: Increases in figures after the fiscal year ended February 28, 2019, are the result of the merger with the former Digital Publishing Initiatives Japan Co., Ltd., and the relocation and expansion of the head office.