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Climate Change
■Disclosure based on TCFD recommendations
In recent years, environmental issues such as climate change have become increasingly serious around the world. In Japan as well, climate change has become one of the most important social issues, with many large-scale natural disasters occurring due to abnormal weather. Under such circumstances, Anicom Group, whose main business is pet insurance, does not compensate for natural disasters, and therefore does not expect to incur losses as other non-life insurance companies do, and recognizes that the direct impact of climate change on the Group's business activities will be limited.
On the other hand, we recognize that addressing climate change is indispensable for realizing a sustainable society and is an issue that the Group must address. We are working to address climate change and preserve biodiversity by reducing greenhouse gas emissions and promoting the reduction and reuse of waste.
In April 2023, we announced our support for the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. We believe that disclosures based on the TCFD recommendations will be beneficial in promoting our efforts to address climate change, and we are now disclosing information in four areas: Governance, Strategy, Risk Management, and Metrics & Targets.(1) Governance
To promote sustainability management across the entire group, the "Group Management Meeting," which consists of directors and executive officers of group companies responsible for business execution under the supervision of the Board of Directors, the management decision-making body, discusses the progress of sustainability initiatives about once a half year and reports to the Board of Directors.
The Board of Directors discusses the progress of sustainability initiatives at the “Group Management Meeting,” and discusses the Group's policies and action plans for addressing environmental issues.【 Sustainability Promotion Structure 】 
(2) Strategy
We identify and evaluate the impact of climate change risks on our group by identifying risk events and anticipating changes in the external and business environment that may occur as a result of the manifestation of climate change risks. The main climate change risks and opportunities for the Group's business are as follows.
Classification Possible climate change risks / opportunities on the Group transportation
RisksPolicies and regulations Increased energy costs due to introduction of policies and tighter regulations to curb greenhouse gas emissions Reputation Reduction of reputational risk due to insufficient efforts towards low carbon initiatives Physical Risks Acute Damage to the Group's business sites caused by natural disasters
Increase in insurance claims due to increase in natural disastersChronic Higher loss ratio and lower profitability due to increased pet health risks Opportunities Markets Increasing demand for pet insurance, oral care, and other health promotion services due to health risks for pets Products and Services Provide new products such as evacuation with pets during disasters, support for disaster areas, and pet disaster prevention related services (3) Risk Management
Anicom Group, whose main business is pet insurance, does not compensate for natural disasters and does not expect to incur losses as other non-life insurance companies do, and therefore recognizes that the direct impact of climate change on the Group's business will be limited.
The Group has established the "Basic Policy on Group Risk Management" and strives to foresee and control risks that may affect the Group's management, as well as to always be prepared for response that assume environmental changes, especially with regard to sustainability, and to maintain the quality of services and products and to continue business operations even in unforeseen circumstances. We are also striving to build a risk management system that will enable us to maintain the quality of our services and products and continue our business even in the event of unforeseen circumstances. The Group Risk Management Committee has been established as a meeting structure for risk management. The committee discusses and reports to the Board of Directors on the status of the Group's individual risk management and integrated assessment of risks, including sustainability-related initiatives.
In addition, the "Group Code of Ethics" states that the establishment of a risk management system and the development of internal controls are indispensable for pursuing sustainability, and that we must do our best. In order to correctly identify the risks that the Group faces, we have developed a comprehensive risk profile that includes emerging risks (risks that may emerge in the future and have a significant impact on the Group's operations), and we regularly prepare a risk profile that includes risks related to sustainability. We also prepare risk profiles including sustainability risks on a regular basis.(4) Indicators and Targets
Anicom Group is working to reduce greenhouse gas emissions with the aim of realizing the Paris Agreement. We have established and disclosed Scope 1+2 real greenhouse gas emissions as an indicator for managing climate-related risks and opportunities.
Specifically, we have set a target of reducing Scope 1+2 net greenhouse gas emissions by 50% in FY2023 and 100% in FY2024, with FY2020 as the base year, in line with the period of our Mid-Term Management Plan 2022-2024. In addition, we will work to identify Scope 3 calculation targets, calculate and disclose emissions. Furthermore, we aim to reduce total emissions, including Scope 3, by at least 50% by 2030 compared to FY2020, and to achieve Carbon Neutrality by 2050.Unit FY2020
(Base year)FY2021 FY2022 FY2023 FY2024
(target)Scope1+2
GHG emissionst-CO2 824 1,050 1,225 271 0 - *1The calculation scope covers Anicom Holdings, Inc. and consolidated subsidiary.
- *2For some group animal hospitals where data collection systems are not yet established, these hospitals were excluded from the assessment until FY2022. Starting from FY2023, average emissions based on hospital size have been included.
- *36.5 gas emissions are excluded.
- *4Calculated using "adjusted emissions" in "Emission Factors by Electric Utility" published by the Ministry of the Environment and the Ministry of Economy, Trade and Industry.
- *5In FY2023, we achieved a 100% renewable energy ratio for Scope 2 by purchasing non-fossil fuel certificates.
■Reduction of Paper Usage
We are working to reduce logistics and paper consumption by promoting the computerization of Anicom Insurance's pet insurance policy clauses, booklets, application forms, invoices, and notices to customers.
In addition, as part of our efforts for work-stype reform, we have reduced the number of prints in the company through paperless initiatives such as electronic approval and digitization of documents, resulting in a decrease in paper consumption of approximately 1.1 million sheets per year in FY2021 compared to FY 2019. Along with reductions in paper production, transportation and printing machine operation, we are also working to reduce CO₂ emissions and other environmental concerns.■Greenhouse Gas Reduction
In order to reduce greenhouse gas emissions, we have started to introduce eco-cars (PHEV), which emit less greenhouse gas compared to gasoline cars, as company cars in our sales activities, and we plan to promote their switchover in the future. With the introduction of vehicle management devices, we will strive for eco-driving and reduce CO₂ emissions by 10% per year.
In addition, as measures to reduce the amount of electricity used in the office, we are striving to raise awareness of power saving and energy conservation by thoroughly managing air conditioning (set at 20°C for heating in winter and 28°C for cooling in summer), setting multifunction devices and other OA equipment to energy-saving mode, and adopting casual attire.
Our head office is located in a DBJ Green Building certified building, which is an environmentally and socially conscious building. -
Reducing the Use of Plastics
■Review of Pet Insurance's Health Insurance Card Materials
Anicom Insurance issues "Animal Health Insurance Card" for pet insurance policyholders (about 1.2 million cards issued annually), which can be presented at the counter of veterinary hospitals which accept Anicom Insurance to complete an insurance claim.
The material used for the health insurance cards has been revised starting in 2022, reducing the amount of plastic by approximately 42.7% compared to the JIS-standard plastic insurance cards. This is expected to result in an annual reduction of approximately 2.58 tons of plastic and a reduction of approximately 42.5% in CO₂ emissions.
We released an electronic version of the "e-Animal Health Insurance Card," which allows health insurance cards to be displayed on smartphones, and also considering providing only an electronic version for policyholders who do not need a card-type insurance card. By promoting these initiatives, we are promoting plastic reduction. -
Biodiversity
■Support for the World Wide Fund for Nature Japan (WWF Japan)
We support the activities of WWF, a public interest incorporated foundation working for environmental conservation. As of December 2023, there are approximately 44,000 species of wildlife listed as highly endangered on the "Red List" compiled by the IUCN (International Union for Conservation of Nature and Nature Resounrces).
We believe that respecting the pets we live with, and respecting the wildlife and the natural environment are the same as respecting "life," so we have supported activities such as the "Wild Cat Kingdom Campaign" and the "WITH STAMP Campaign," as well as publicizing their activities through in-house seminars and on-going media. -
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