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Climate Change

Basic Concepts

To help create a decarbonized society, the Mizuno Group is committed to reducing energy consumption and energy-derived CO₂ emissions across the entire group.
Recognizing the importance of reducing greenhouse gas (GHG) emissions throughout the entire value chain, Mizuno is also working to lower GHG emissions associated with its products.
In April 2024, Mizunoʼs reduction targets were officially certified by the international initiative, the Science Based Targets (SBT) Initiative. Following this certification, we revised our GHG calculation methods, including adopting the market-based approach for Scope 2 emissions within Japan.

Energy consumption

Mizuno is actively engaged in a variety of initiatives aimed at achieving its long-term environmental targets.
Key efforts include the installation of solar power systems at domestic factories and the expansion of LED lighting at offices both in Japan and overseas.
In particular, facilities with relatively high environmental impact—such as the headquarters building and factories—are being prioritized for strategic implementation to reduce energy consumption.
Additionally, Mizuno is gradually replacing its company vehicles with hybrid and other fuel-efficient models, and has introduced electric vehicles in some areas to evaluate their safety and environmental benefits.
All company vehicles are equipped with telematics systems, which visualize driving behavior. This not only encourages safer driving but also contributes to improved fuel efficiency and reduced CO2 emissions.

In fiscal year 2024, Mizunoʼs total domestic energy consumption was 111,730 GJ. Energy intensity decreased by 4.1 points from the previous year, reaching 75.9.*

Total Energy Consumption and Energy Intensity [b]

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* The breakdown of energy consumption includes non-renewable fuel sources, electricity, heating, cooling, and steam. At this point, fuel sources from renewable energy, such as biofuels, have not been identified.

* Energy consumption does not include external energy consumption within the organization.

* Intensity of energy consumption: Domestic energy consumption (GJ) / Total domestic sales revenue (hundred million yen)

* The calculation uses coefficients from the LCI database IDEA version 3.4.

* Figures for FY2018 and FY2023 have been retrospectively revised due to updates in certain data.

Breakdown of energy consumption [*b]

graph

* The calculation uses coefficients from the LCI database IDEA version 3.4.

Key Initiatives for Reducing Energy Consumption

Mizuno is progressively converting lighting to LED to reduce energy consumption. Equipment used in our buildings is being upgraded to energy-efficient models as they come up for replacement. However, due to the difficulty in tracking the reduction amounts and types of energy for individual initiatives, there are currently no plans to disclose this information.

Energy-derived GHG Emissions

In fiscal year 2024, the Mizuno Group set a target for total energy-derived greenhouse gas (GHG) emissions of 11,428 t-CO2e (market-based), and achieved actual emissions of 10,997 t-CO2e.
This result exceeded the reduction target, indicating steady progress in reducing GHG emissions across the entire group.
Going forward, Mizuno will continue working to further reduce emissions through the introduction of energy-saving equipment, operational efficiency improvements, and the use of renewable energy sources.
No GHG emissions from biological sources, such as biomass combustion, have been identified.

* Figures are calculated using the market-based method.

Regional GHG emissions and intensity

Location-based method

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Market-based method

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* Energy intensity: Greenhouse gas emissions (t-CO2e) / Consolidated net sales (100 million yen).

* Due to rounding, the sum of individual items may not exactly match the total figures shown.

* Figures for FY2023 have been retrospectively revised due to updates in certain data.

* For FY2024, data from FY2023 has been used for some sites.

Other Indirect Greenhouse Gas Emissions

Mizuno recognizes that achieving a decarbonized society requires not only reducing greenhouse gas (GHG) emissions from its own operations, but also taking action across the entire value chain.

Accordingly, Mizuno calculates GHG emissions throughout its value chain based on Scope 3 standards defined by the GHG Protocol. In fiscal year 2024, Scope 3 emissions accounted for 97.55% of Mizunoʼs total GHG emissions.

To reduce these emissions, Mizuno is working with partners such as Sumitomo Warehouse, which operates its main distribution centers, to promote the installation of LED lighting. Additionally, Mizuno is advancing a modal shift in transportation between major logistics hubs in western and eastern Japan.

Within Scope 3, Category 1 (“Purchased Goods and Services”) and Category 12 (“End-of-Life Treatment of Sold Products”) together account for approximately 80% of total emissions.

In fiscal year 2021, Mizuno revised its calculation method for these categories, adopting an LCA-based approach.
To further reduce emissions in Category 1, Mizuno continues to promote the use of environmentally friendly materials such as recycled and plant-based resources, while collaborating with supply chain partners to explore additional reduction measures.

Other indirect greenhouse gas emissions generated in FY 2024(Market-based method)

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Trends in Greenhouse Gas Emissions

Energy-Derived Greenhouse Gas Emissions (t-CO2e): Scope 1 and Scope 2 [*a]

FY2018
(Base Year)
FY2022 FY2023 FY2024
Scope1 4,757 4,073 4,044 4,076
Scope2 Location-based method 11,284 8,704 8,518 7,916
Market-based method 10,314 7,157 7,165 6,921
Total(Scope1+Scope2(Market-based method)) 15,071 11,230 11,209 10,957
Comparison to Base Year (%) 74.5 74.4 73.0

Other Indirect Greenhouse Gas (GHG) Emissions (t-CO2e): Scope 3 [*a]

Category FY2018
(Base Year)
FY2022 FY2023 FY2024
GHG emissions Breakdown (%) GHG emissions Breakdown (%) GHG emissions Breakdown (%) GHG emissions Breakdown (%)
Category 1 (Purchased products and services) 391,915 81.7 347,760 79.5 328,521 79.9 345,128☑ 78.9
Category 2 (Capital goods) 9,392 2.0 16,896 3.9 6,451 1.6 13,172 3.0
Category 3 (Fuel- and energy-related activities) 3,755 0.8 3,663 0.8 3,569 0.9 4,066 0.9
Category 4 (Upstream transportation and distribution) 10,855 2.3 15,286 3.5 15,319 3.7 14,526 3.3
Category 5 (Waste generated in operations) 317 0.1 364 0.1 583 0.1 729 0.2
Category 6 (Business travel) 4,207 0.9 2,533 0.6 7,275 1.8 7,629 1.7
Category 7 (Employee commuting) 4,438 0.9 4,161 1.0 4,219 1.0 4,241 1.0
Category 8 (Upstream leased assets) 3,686 0.8 3,885 0.9 4,472 1.1 4,091 0.9
Category 9 (Downstream transportation and distribution) 159 0.0 137 0.0 509 0.1 491 0.1
Category 12 (End-of-life treatment of sold products) 51,001 10.6 42,852 9.8 40,123 9.8 43,375☑ 9.9
Total 479,724 100.0 437,537 100.0 411,041 100.0 437,448 100.0
Comparison to Base Year (%) 91.2 85.7 91.2

Notes:

* Emissions from purchased electricity in Japan are calculated using the market-based method.

* The calculation scope is the domestic Mizuno Group and overseas Mizuno Group.

* Scope 1: Greenhouse gas (GHG) emissions from a companyʼs direct operations, such as the in-house use of fuel.

* Scope 2: A companyʼs indirect GHG emissions from purchased electricity, heat, and steam.

* Scope 3: A companyʼs indirect GHG emissions coming from product manufacturing, transportation, employeesʼ business travel and commuting within the supply chain.

* For Scope 1 and 2, emissions are from energy sources.
For Scope 3, non-energy source greenhouse gases are partly included according to the guidelines from the Ministry of the Environment.

* The data marked with ☑ has been assured by a third party in Japanese version of report.

* Scope 1 and 2:
Direct and indirect GHG emissions from corporate activities as defined by the GHG Protocol.

* Scope 3 / Category 1:
The following three methods are used to calculate emission factors according to the characteristics of product categories.
・LCA of the representative model of the product sold by Mizuno in the relevant fiscal year was carried out and the emission factor of the product was calculated. GHG emissions were calculated by multiplying the sales volume with the emission factor. - ①
・In the manufacturing department, GHG emissions were calculated by multiplying the amount of substances used in manufacturing with the emission factor. - ②
・GHG emissions were calculated by multiplying the cost of products sold by Mizuno in the relevant fiscal year with the emission factor specified by the Ministry of the Environment. - ③
Total GHG emissions = ① + ② + ③

* For LCA calculation, the emission factor of LCI database IDEA version3.4 and Database on Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain.

* Scope3/Category 12
The following three methods are used for calculation according to the characteristics of product categories.
・LCA of the representative model of the product sold by Mizuno in the relevant fiscal year was carried out and the emission factor of the product for disposal specified by the Ministry of the Environment was calculated. GHG emissions were calculated by multiplying the sales volume with the emission factor. - ①
・In the manufacturing department, GHG emissions were calculated by multiplying the amount of substances used in manufacturing with the emission factor for disposal. - ②
・GHG emissions estimated from sales amount based on the GHG emissions calculated from ①. - ③
Total GHG emissions = ① + ② + ③

* For LCA calculation, the emission factor of LCI database IDEA version 3.4 and Database on Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain.

* LCA calculations use emission factors from the LCI database IDEA version 3.4 and the emission intensity database for calculating GHG emissions across the supply chain (ver. 3.4).

* Past GHG emission figures have been retrospectively revised due to updates in calculation methods based on the GHG Protocol.

【Third Party Assurance】
In order to ensure a higher level of transparency and reliability while disclosing information on environmental data, Mizuno has obtained third-party assurance for the Japanese version of environmental data for the fiscal year 2024 with this report from SGS Japan Inc.
PDF of Assurance Report

【Scope of Assurance】
GHG emissions in the fiscal year 2024 (Scope 3, Category 1,12)

Other Emissions to the Atmosphere

There are no relevant emissions of ozone-depleting substances (ODS), nitrogen oxides (NOx), sulfur oxides (SOx), and other significant atmospheric emissions, so reporting on these is not being conducted.

Future Challenges

  • Mizuno will strive to reduce GHG emissions in Scopes 1, 2, and 3 in accordance with the guidelines of the Paris Agreement and continue to strengthen these activities moving forward.
  • We will promote initiatives aimed at the adoption of renewable energy, energy conservation, and the transition to low-carbon energy sources.
  • Mizuno will promote efforts throughout the supply chain to reduce Scope 3 emissions.
  • Mizuno will work towards building a circular economy, including waste reduction and promoting a circular economy.