The Company promotes online, cashless and paperless migration, which has a low environmental footprint compared to conventional payment services. In addition, financial-related services such as lending, is offered to domestic and overseas operators involved in online and FinTech services that have a similarly low environmental footprint as the Company. Through such services, we aim to achieve the decarbonization of society and our customers and the transition to a carbon-free sustainable society.
In January 2023, the company endorsed the TCFD (Task Force on Climate-Related Financial Disclosures) recommendations.
The company will continue to work to expand climate change-related information disclosure as per TCFD recommendations.
Based on scenario analysis methods recommended by the Task Force on Climate Related Financial Disclosures (TCFD), the Company identifies those potential risks and opportunities arising from future climate change. By referring scenarios presented by the Intergovernmental Panel on Climate Change (IPC) and International Energy Agency (IEA), we have identified the climate change related risks and opportunities based on scenarios related to changes in natural and social environments.
• Rapid progress in the reduction of CO2 emissions arising from the transition to a decarbonized society
• Regulatory tightening from carbon pricing, etc.
• Changes in needs from heightened environmental awareness by stakeholders
|Classification||Risks and opportunities||Timeline||Initiatives|
|・Increase in cost of business from implementation of carbon tax||Medium-to long term||・Implementation of what is effectively renewable energy Market, at major data centers|
|・Loss of business opportunity from inability to fulfill the client’s needs for reducing environmental burden||Medium-to long term|
|Evaluation||・Increase in fund procurement cost, recruitment cost and negative evaluation from stakeholders from being regarded as insufficiently responding to climate change issues||Short-to medium term||・Promote ESG-related information disclosure|
|Physical risk||Chronic||・Increase in electricity cost from higher burden on air-conditioning caused by the rise in average temperatures||Medium-to long term||・Improve efficiency at data centers|
|・Impact to operations from spread of infectious diseases and wind/water disasters due to rise in average temperatures||Medium-to long term||
・Select data center locations less impacted by natural disasters
・Redundancy configuration of systems, dispersion and multiplexing of data centers
・Compilation of business continuity plans (BCP)
|Acute||・Suspension of operations and services due to personnel loss, data loss and/or damage to data centers caused by abnormal weather and natural disasters||Short-to medium term|
|・Increase in demand for the Company’s services that enables online, cashless and paperless migration due to the increase in social demand for environmentally conscious management||Medium-to long term||・Pursue current strategy of DX support|
|Evaluation||・Rise in corporate value and improved evaluation from stakeholders from aggressive involvement to tackle climate change problems||Short-to medium term||・Promote ESG-related information disclosure|
|Category1(product procurement and services)||15,178||10,240|
|Category11(use of products sold)||-||-||3,344||3,418|
The Company supports the merchant’s migration to paperless operations by providing services to digitalize invoices.
Support the digitalization of electric bill payment promoted by TEPCO Energy Partner Co., Ltd.
Expansion of "GMO Payment After Delivery" and "Electronic Barcode Type" that do not require paper invoice