Responsibility for global environmental issues throughout the product lifecycle

The global environment is facing a range of challenges, including global warming and pollution caused by waste. There is growing concern about the impact of climate change on economic activities, as well as the effects of increasing natural disasters on business operations and supplier production.
To ensure a future where people around the world can enjoy sports safely and vibrantly, Mizuno believes it is essential to reduce the environmental burden from its business activities, such as greenhouse gas (GHG) emissions. The company is also committed to developing and providing environmentally conscious products and services.

At Mizuno, we have designated climate change, waste, and chemical substances as key environmental issues, and are conducting risk and opportunity analyses for each. In response to growing societal interest in natural capital, including biodiversity, we are working to promote greater understanding within the company. We are also establishing a reporting framework to disclose the impact of our initiatives on business operations, strategy, and financial performance.

Risks

• Physical damage to business locations, stores, and administrative facilities due to climate change
• Suspension of operations by suppliers and delays in raw material procurement due to climate change
• Increased compliance costs due to tightened environmental regulations
• Increased costs associated with the adoption of renewable energy
• Reduction in outdoor sports due to rising temperatures and increased risk of heatstroke
• Increased disposal costs due to increased waste emissions
• Risks of harmful chemical leaks

Opportunities

• Cost reduction through initiatives such as energy conservation, adoption of renewable energy, waste reduction, and promotion of recycling
• Sales growth through the development and sales of environmentally friendly and climate-resilient products
• Enhancement of brand value and customer acquisition through communication with local communities and customers, promoted by recycling of products and packaging materials

To accelerate its efforts aimed at reducing climate change, in August 2020, Mizuno reexamined its long-term environmental target and decided to achieve net zero by 2050. At the same time, in addition to its existing Scope 1 and 2 emissions reduction targets for 2030, Mizuno set a Scope 3 emissions reduction target and announced it in May 2021.

2050
Aiming to achieve net zero

2030 (Greenhouse Gas Emissions Reduction compared to 2018)
Scope 1 & 2: 50.4% reduction
Scope 3: 58.1% reduction (Categories 1 & 12 per billion yen of added value)

KPI	Mid-term Goals	FY2024 Target	FY2024 Result	FY2025 Target	Department in charge
Apparel: environmentally friendly products	2028:100% (in all categories of new products)	30%	36%	40%	Global Apparel Product Department
Footwear: environmentally friendly products	2027:100% (in all categories of new products)	61.5%	97.2%	100%	Global Footwear Product Department
Equipment: Reduction of material loss in the manufacturing process, reduction of energy consumption during production, and reduction and simplification of secondary materials	2030 Target: 58.1% reduction (compared to 2018)	Reduction of material waste during the manufacturing process, reduction of energy consumption during production, and simplification/reduction of auxiliary materials.	26.3%	29.1％	Global Equipment Product Department

Initiatives for CO2 Emissions Reduction and KPIs

In Mizuno's entire business activities, indirect emissions known as Scope 3 account for approximately 97% of greenhouse gas emissions. Specifically, "purchased products and services" make up about 80% of the total, making the reduction of greenhouse gas emissions through products essential. We will continue to promote product planning and development aimed at reducing greenhouse gas emissions.

For initiatives related to "Responsibility for global environmental issues throughout the product lifecycle," please refer to the following links:

Policies and Governance Structure

Environmental Management System

Mitigation of Environmental Impact in Products

Climate Change

Water Use and Management

Reduction of hazardous chemical substances

Reduction of waste

Business activities and environmental burden

Towards achieving net zero by 2050, we will continue to advance initiatives such as innovating manufacturing processes and utilizing renewable energy. In addition, we will accelerate environmentally conscious efforts, such as promoting recycling, reducing waste, and using water efficiently.