Environment
GHG emissions from our business activities
Unit: t-CO2e
| FY2023 | FY2024 | FY2025 |
|---|
| Scope1 | 1,465 | 1,772 | 1,970 |
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| Scope2 |
|---|
| Market-base | 63,743 | 74,636 | 102,838 |
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| Location-base | 63,919 | 68,715 | 90,087 |
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| Scope3 | 963,976 | 3,586,079 | 3,450,257 |
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| 1.Purchased goods and services | 830,767 | 946,595 | 836,562 |
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| 2.Capital goods | 20,149 | 40,708 | 25,808 |
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| 3.Fuel- and energy-related activities not included in Scope1 or Scope2 | 10,274 | 11,375 | 14,878 |
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| 4.Upstream transport and delivery | 13,111 | 15,081 | 15,973 |
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| 5.Waste generated in operations | 5,491 | 6,800 | 6,287 |
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| 6.Business travel | 460 | 820 | 1,690 |
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| 7.Employee commuting | 8,564 | 9,389 | 11,199 |
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| 8.Leased assets (upstream) | – | 966 | 1,544 |
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| 9.Downstream transportation and delivery | – | – | – |
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| 10.Processing of sold products | – | – | – |
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| 11.Use of sold products | – | 2,461,784 | 2,441,872 |
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| 12.End-of-life treatment of sold products | 75,161 | 88,478 | 91,540 |
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| 13.Leased assets (downstream) | – | – | – |
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| 14.Franchises | – | 3,975 | 2,791 |
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| 15.Investments | – | 108 | 114 |
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| Total |
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| Market-base | 1,029,184 | 3,662,488 | 3,555,065 |
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| Location-base | 1,029,360 | 3,656,566 | 3,542,314 |
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Notes:- Scope of calculation:<FY2023> GEO HOLDINGS CORPORATION, GEO CORPORATION, GEO STORE CORPORATION, 2ND STREET CORPORATION, GEO CLEAR CORPORATION, OKURA HOLDINGS CORPORATION, OKURA Co., Ltd.
<FY2024> In addition to the scope of calculation for FY2023, includes BANK OKURA Co., Ltd., Rock Co., Ltd., Chelsea International Co., Ltd., World Mobile Corporation, viviON Inc., EISYS Inc., DigiCon Co., Ltd., 2nd STREET USA,Inc., 2nd STREET TRADING MALAYSIA Sdn.Bhd., 2nd STREET TAIWAN Co.,Ltd., 2nd STREET (THAILAND) Company Limited
<FY2025> In addition to the scope of calculation for FY2024, includes GEO CONNECT Co., Ltd., GEO AMUSEMENT Co., Ltd., GEO NETWORKS CORPORATION, forcs Inc., zowieQ Inc., trisys Inc., 2nd STREET SINGAPORE Pte. Ltd., 2nd STREET HONGKONG, Limited - Scope1:
- Calculated based on GHG emission coefficients for different fuel types released by the institutions such as the Ministry of the Environment and the U.S. Environmental Protection Agency (EPA) according to the amount of gasoline and diesel oil purchased by GEO Group in billing statements each fiscal year
- Scope2:
- “Market-based” method, in which emission factors are applied to each type of electricity used, such as those derived from renewable energy sources, and “location-based” method, in which emission factors are calculated based on the average emission factor for the entire region
- Calculated based on greenhouse gas emission coefficients for power consumption released by the institutions such as the Ministry of the Environment and the U.S. Environmental Protection Agency (EPA) according to the power consumption in GEO Group electricity billing statements each fiscal year
- For FY2024 and FY2025, estimates were used for sites with insufficient actual data, in addition to sites where power consumption data was available
- For sites outside Japan in FY2024, location-based calculation values were also adopted for market-based values
- Scope3:
- Calculation based on GHG protocols for each year’s data owned by the company group
- Scope3 “1. Purchased goods and services” includes products purchased from customers
- As a result of the calculation,Scope3 “9. Transportation and delivery (downstream)” is deemed to have a smaller impact because of its small value and so is not included
- We are currently investigating how to calculate emissions derived from fuel for Scope3 “14. Franchises”. Emissions derived from power calculated using estimated values based on the Scope 2 measurement data
- Additionally, whether to calculate categories with “-” for GHG emissions is undecided
Amount of GHG reduction contribution from reuse business activities
(Avoided Emissions)
Unit: t-CO2e
| FY2023 | FY2024 | FY2025 |
|---|
Amount of GHG reduction contribution (Avoided Emissions) |
|---|
| Home appliances | 15,772 | 19,046 | 18,334 |
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| Clothing and Accessories | 22,639 | 26,858 | 28,311 |
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| Furniture | 3,458 | 3,837 | 3,849 |
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| Game-related equipment | 1,685 | 1,659 | 1,586 |
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| General goods | 2,674 | 3,121 | 2,867 |
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| Kids’ products | 2,054 | 2,480 | 2,539 |
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| DVD/CD | 1,023 | 1,008 | 955 |
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| Hobby products | 1,178 | 1,439 | 1,496 |
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| Others | 1,404 | 1,664 | 1,710 |
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| Total | 51,886 | 61,113 | 61,647 |
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Notes:- Calculated from GEO Group sales data based on data (IDEA) provided by the National Institute of Advanced Industrial Science and Technology (AIST).
Energy consumption from our business activities
Unit: MWh
| FY2023 | FY2024 | FY2025 |
|---|
| Energy consumption | 151,861 | 201,617 | 219,714 |
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Notes:- Fuel and electricity consumption data used for Scope 1 and Scope 2 calculations were converted to MWh and calculated.
Water consumption from our business activities
Unit: ㎥
| FY2023 | FY2024 | FY2025 |
|---|
| Water consumption | – | – | 373,420 |
|---|
Notes:- Scope of calculation: GEO HOLDINGS CORPORATION, GEO CORPORATION, GEO STORE CORPORATION, 2ND STREET CORPORATION, OKURA HOLDINGS CORPORATION, OKURA Co., Ltd., BANK OKURA Co., Ltd., Rock Co., Ltd., World Mobile Corporation, GEO AMUSEMENT Co., Ltd., viviON Inc., EISYS Inc., forcs Inc., zowieQ Inc., trisys Inc., SEKAIZ Co., Ltd.
- Calculated based on our Group’s owned water utility data; however, well water consumption at SEKAIZ Co., Ltd. is calculated using estimates derived from standard water consumption in business processes.
Social
Human Capital
Notes:
*1 GEO HOLDINGS employees: Includes employees seconded to Group companies.
*2 Employment rate of persons with disabilities: Calculated in accordance with the “Disabilities Employment Status Report” submitted to the Ministry of Health, Labour and Welfare. Figures reflect the status as of June 1 of each fiscal year.
*3 Engagement: Excludes employees seconded to the OKURA Group. High engagement is defined as a score of 70 or higher on the Wevox survey tool.
Governance
Board Composition
| Unit | FY2023 | FY2024 | FY2025 |
|---|
| Number of Directors |
|---|
| Total | persons | 8 | 12 | 13 |
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Outside Directors | persons | 2 | 5 | 6 | | Independent Directors | persons | 2 | 5 | 6 |
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| Number of Female Directors |
|---|
| Total | persons | 1 | 2 | 2 |
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Outside Directors | persons | 1 | 2 | 2 | | Independent Directors | persons | 1 | 2 | 2 |
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Number of Board and Committee Meetings Held
| Unit | FY2023 | FY2024 | FY2025 |
|---|
| Board Meetings | times | 12 | 12 | 12 |
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| Audit and Supervisory Board / Audit and Supervisory Committee Meetings | times | 13 | 14 | 13 |
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| Nominating or Remuneration Committee Meetings | times | – | 1 | 2 |
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| Sustainability Committee Meetings | times | – | 3 | 3 |
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Notes:- Transitioned to a Company with an Audit and Supervisory Committee in June 2024.
Political Contributions
| Unit | FY2023 | FY2024 | FY2025 |
|---|
| Political Contributions | yen | 0 | 0 | 0 |
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