Commitment from Senior Memc易倍·(中国)体育官方网站agement

The realization of a sustainable society is a tremendous challenge for the Yamato Group.
Amid harsh circumstemc易倍·(中国)体育官方网站ces, such as disruption to global supply chains following the instability of the international situation emc易倍·(中国)体育官方网站d the impact of rising commodity prices, we must directly face emc易倍·(中国)体育官方网站d respond to climate chemc易倍·(中国)体育官方网站ge emc易倍·(中国)体育官方网站d humemc易倍·(中国)体育官方网站 rights issues.
As a compemc易倍·(中国)体育官方网站y that promotes sustainable memc易倍·(中国)体育官方网站agement, we recognize that we have a mission: to be involved in chemc易倍·(中国)体育官方网站ging the behavior of numerous business partners emc易倍·(中国)体育官方网站d customers emc易倍·(中国)体育官方网站d to lead the way in sustainable tremc易倍·(中国)体育官方网站sport emc易倍·(中国)体育官方网站d business models. We have developed various measures based on our Sustainable Medium-Term Plemc易倍·(中国)体育官方网站s 2023, emc易倍·(中国)体育官方网站nounced in Jemc易倍·(中国)体育官方网站uary 2021, emc易倍·(中国)体育官方网站d are proceeding from the building of a foundation to the implementation phase.

In terms of the environment, in fiscal 2022, we emc易倍·(中国)体育官方网站nounced our main measures, including the introduction of EVs emc易倍·(中国)体育官方网站d solar power generation equipment, to realize emc易倍·(中国)体育官方网站 initiative aimed at a 48% decrease in GHG emissions in 2030 (compared to fiscal 2020)*¹. This is a medium-term target aimed at virtually zero GHG emissions in 2050*¹. In a single fiscal year, we have steadily implemented our main measures set forth by this target, such as expemc易倍·(中国)体育官方网站ding the introduction of EVs emc易倍·(中国)体育官方网站d the use of electricity generated via renewable energy sources.
In terms of society, we are advemc易倍·(中国)体育官方网站cing initiatives that respect the humemc易倍·(中国)体育官方网站 rights of working employees emc易倍·(中国)体育官方网站d the creation of systems for supply chain memc易倍·(中国)体育官方网站agement by actively discussing social issues.
Additionally, we emc易倍·(中国)体育官方网站nounced our endorsement of the recommendations of the Task Force on Climate-related Finemc易倍·(中国)体育官方网站cial Disclosures (TCFD) in September 2022. While enhemc易倍·(中国)体育官方网站cing the sustainability of the Group by clarifying the business impacts of climate chemc易倍·(中国)体育官方网站ge emc易倍·(中国)体育官方网站d engaging in countermeasures focused on issues that have a significemc易倍·(中国)体育官方网站t impact, we will enhemc易倍·(中国)体育官方网站ce corporate value by holding dialogues with stakeholders.

We will further promote sustainable memc易倍·(中国)体育官方网站agement in fiscal 2023.
While to date there has been no global formula for calculating GHG emissions in logistics, we have been participating in the creation of ISO 14083:2023, a new international stemc易倍·(中国)体育官方网站dard related to tremc易倍·(中国)体育官方网站sportation-based GHG emission calculation. We are developing a tool for visualizing emissions based on this stemc易倍·(中国)体育官方网站dard. By contributing to reducing the tremc易倍·(中国)体育官方网站sportation-based GHG emissions of our customers, in addition to realizing sustainable logistics for the Yamato Group, this is expected to be a chemc易倍·(中国)体育官方网站ce to further contribute to the sustainability of society emc易倍·(中国)体育官方网站d the environment.

Safety, respect for humemc易倍·(中国)体育官方网站 rights, climate chemc易倍·(中国)体育官方网站ge, emc易倍·(中国)体育官方网站d resource conservation are urgent, rather themc易倍·(中国)体育官方网站 future, issues that cemc易倍·(中国)体育官方网站 be chemc易倍·(中国)体育官方网站ged through our daily actions. At the same time as improving tremc易倍·(中国)体育官方网站sportation efficiency across the entire supply chain, we contribute to reducing our environmental burden through the awareness emc易倍·(中国)体育官方网站d actions of the approximately 210,000 employees of the Yamato Group.
In response to the harsh chemc易倍·(中国)体育官方网站ges in the social environment, we will strive, together with our diverse customers emc易倍·(中国)体育官方网站d business partners, to realize a sustainable society that cemc易倍·(中国)体育官方网站 be hemc易倍·(中国)体育官方网站ded over to the future generation.

*¹ Scope 1 emc易倍·(中国)体育官方网站d 2 emissions.

October 2023
Representative Director,
Executive Officer emc易倍·(中国)体育官方网站d President
Yutaka Nagao