What we can do as a member of society.

As a leading company in the fashion goods industry,
Sac’s Bar Holdings recognizes its significant influence on society and the global environment.
We strive to fulfill our social responsibilities through development of the industry,
placing the highest priority on consumer welfare and sustainability in the industry and society.

SUSTAINABLE Behavioral Guidelines

  • BEHAVIORAL GUIDELINES 01

    We support
    Japanese
    manufacturing.

  • BEHAVIORAL GUIDELINES 02

    We promote economic revitalization throughout Japan, as well as in developing countries.

  • BEHAVIORAL GUIDELINES 03

    We make contributions
    to building
    a fair society.

  • BEHAVIORAL GUIDELINES 04

    We make
    environmental
    conservation efforts.

CORRESPONDENCES to the TCFD RECOMMENDATIONS

Being aware of the impact of climate change on sustainable growth, we are taking measures based on the TCFD Recommendations. In FY 2022, we examined possible risks and opportunities that climate change may cause in the retail business selling bags and other fashion products. We will continue to examine such risks and opportunities and disclose information appropriately.

* TCFD stands for the Task Force on Climate-related Financial Disclosures.
Requested by the G20 leaders, the Financial Stability Board (FSB) established the task force.

  • 01 GOVERNANCEGOVERNANCE

    The Administration Manager, who is the chairperson of the Sustainability Committee, was appointed as the person in charge of climate-related issues. At the Sustainability Committee, which is an advisory committee for the director in charge of sustainability issues, members examine climate-related issues at least annually. Through the director in charge of sustainability issues, their research results are reported to the Board of Directors at least annually.

    In order to identify and assess climate-change-related risks and opportunities and examine our responses, we have established the Climate Change Working Group under the Sustainability Committee. The Climate Change Working Group reviews the climate-change-related risks and opportunities annually.

  • 02 RISK MANAGEMENTRISK MANAGEMENT

    The Climate Change Working Group assesses the significance of each climate-change-related risk and opportunity factor in terms of the probability of occurrence, degree of impact, whether countermeasures exist and other such factors. For the assessment, scenarios developed by the International Energy Agency (IEA), Intergovernmental Panel on Climate Change (IPCC) and other such organizations are consulted and personnel in the relevant sections are interviewed as required. The assessment is revised annually. In addition, we plan countermeasures for the risks and opportunities, and keep a close eye on the progress of such countermeasures as compared to the established indexes.

    Based on the assessment made by the Climate Change Working Group, the Sustainability Committee comprehensively manages climate-change-related risks, together with other risks that we face. As for highly significant climate-change-related risks and opportunities, the committee reports them to the Board of Directors through the director in charge of sustainability issues.

    IEA:International Energy Agency

    IPCC:Intergovernmental Panel on Climate Change

  • 03 STRATEGYSTRATEGY

    [ Scenario analysis < SCENARIO ANALYSIS > ]

    In the current scenario analysis, we examined the impact that may occur in FY 2030 on the retail business selling bags and other fashion products, which is our main business. We examined two scenarios, i.e., 2-degree-centigrade and 4-degree-centigrade scenarios. In the 2-degree-centigrade scenario, the world economy is more decarbonized. In the 4-degree-centigrade scenario, the global warming is more serious without further efforts to address global warming. In our analysis, we consulted the World Energy Outlook scenarios published by the IEA, the Shared Socio-Economic Pathway (SSP) scenario adopted by the IPCC, the Representative Concentration Pathways (RCP) scenario and other future prospects and plans. For each risk or opportunity factor, we consulted scenarios forecasting larger significance.

    After extracting risks and opportunities based on the scenarios and examining countermeasures to be taken, we concluded that no significant business risks caused by climate change exist for the retail business selling bags and other fashion products.

      Event Possible impact Countermeasures
    Transition
    risks
    Introduction of
    environmental regulations on
    products made from oil
    Increased purchase prices for
    shifting toward alternative
    materials
    Reviewing materials to develop
    environment-friendly merchandise
    Changes in developer
    demands
    Demands to sell
    environment-friendly merchandise
    Reviewing materials and processes
    to develop environment-friendly
    merchandise
    Physical
    risks
    More frequent and severe
    weather disasters
    Being struck by disasters,
    suppliers cannot supply
    merchandise
    Identifying risks in the supply
    chains and developing
    countermeasures
    Changes in climate patterns,
    including average
    temperature and rainfall
    Increase in purchase price due to
    increased cost for leather and
    other materials
    Reviewing materials to develop
    environment-friendly merchandise
    Opportunities Changes in developer
    demands
    More demands for stores selling
    environment-friendly merchandise
    Reviewing materials and processes
    to develop environment-friendly
    merchandise
    Changes in consumer
    selection and behavior
    New demands are created for
    environment-friendly merchandise
    Reviewing materials and processes
    to develop environment-friendly
    merchandise