ESG Data

Independent Assurance

The data below marked with ★, ◆ and ■ is independently assured by KPMG AZSA Sustainability Co., Ltd. This assurance is conducted in accordance with the International Standard on Assurance Engagements (ISAE) 3000 and 3410 of the International Auditing and Assurance Standards Board (IAASB).

  • ★: Scope1/Scope2 and its total attributable to Japanese Bases of ITOCHU Corporation, Scope3 (Upstream Transportation & Distribution) related to domestic contracted transportation of ITOCHU Corporation as the shipper; the waste, waste non-recycled, waste recycled, recycling rate and treated water production volume for the Tokyo Headquarters.
  • ◆: Total electricity consumption, Scope1/Scope2, and its total attributable to ITOCHU Group; NOx, SOx, VOC emissions of Japanese Bases of ITOCHU Group; and hazardous waste of Japanese Bases of ITOCHU Corporation and Japanese Bases of ITOCHU Group.
  • ■: The volume of water withdrawal & wastewater discharge attributable to Japanese Bases of ITOCHU Corporation.

Scope of Aggregation

○：in scope of aggregation

Japanese Bases of ITOCHU Corporation*1 Group Companies in Japan*2 Overseas Offices*3 Overseas Group Companies*4
Climate Change Energy Consumption Energy Consumption

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Energy Consumption Attributable to Business Facilities

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－
Electricity Consumption

○

○

○

○
Heat & Steam Consumption

○

○

○

○
Fuel Consumption

○

○

○

○
Energy Intensity

○

－

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－
GHG Emission Scope1/Scope2

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○

○

○
GHG Emissions from Business Facilities

○

○

○

○
Scope1 Total Emissions Breakdown by GHG Type

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○

○
Scope3

○

○

○

○
GHG Emissions (Scope1+2) Intensity

○

○

○

○
Prevention of Pollution & Resource Circulation Prevention of Pollution NOx, SOx, VOC

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○

○

○
Resource Circulation Waste & Waste Recycling Rate

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○

○

○
Hazardous Waste

○

○

○

○
Paper Consumption

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Water Resources Conservation Water Withdrawal and Wastewater Discharge Volume of Water Withdrawal & Wastewater Discharge, Water Withdrawal Amount by Withdrawal Source, Discharge Amount by Discharge Destination, Water Withdrawal in Water Stressed Regions, Water Consumption in Manufacturing Processes that are Highly Dependent on Water Resources (Intensity), Biochemical Oxygen Demand (BOD), Chemical Oxygen Demand (COD)

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Environmental Accounting Environmental Conservation Costs, Environmental Conservation & Economic Effects

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  1. The Tokyo Headquarters, the Osaka Headquarters, 5 Branches (Hokkaido, Tohoku, Chubu, Chugoku & Shikoku, Kyushu).
    The number of offices including domestic branches: FYE 2020: 7, FYE 2021: 6, FYE 2022: 8, FYE 2023: 6, FYE 2024: 6 (Data coverage in FYE 2024: 100%).
    Up to FYE 2021, other branches had been included. Ippeki Villa Area is not included in the scope of the data FYE 2023 due to business transfer during the fiscal period.
  2. The number of companies covered: FYE 2020: 238, FYE 2021: 232, FYE 2022: 233, FYE 2023: 225, FYE 2024: 241 (Data coverage in FYE 2024: 100%)*5.
  3. The number of overseas offices covered: FYE 2020: 29, FYE 2021: 49, FYE 2022: 46, FYE 2023: 43, FYE 2024: 43 (Data coverage in FYE 2024: 100%).
  4. The number of companies covered: FYE 2020: 286, FYE 2021: 274, FYE 2022: 254, FYE 2023: 257, FYE 2024: 261 (Data coverage in FYE 2024: 100%)*5.
  5. The number of companies covered includes all the consolidated subsidiaries, including those held for investment management purposes. However, companies expected to be sold within the next five years held for investment management purposes are not included in GHG Emission, Water Withdrawal and Wastewater Discharge, and Hazardous Waste. Moreover, non-manufacturing site offices with 10 or fewer employees are not included due to their quantitative insignificance.

Climate Change Performance Data

Energy Consumption

Energy Consumption

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Japanese Bases of ITOCHU Corporation Purchased and Consumed Non-Renewable Fuel (Unit: MWh)

691

640

580

331

156
Purchased Non-renewable Power (Unit: MWh)

28,747

27,320

27,107

26,332

24,313
Other Purchased Non-renewable Energy (e.g., Steam, Heat and Cooling Water) (Unit: MWh)

7,385

7,401

6,869

7,046

7,993
Generated Renewable Energy (Solar Power Generation*) (Unit: MWh)

54

60

63

61

66
Total of Energy Consumption Cost (Unit: million JPY)

537

571

573

652

612
  • Solar Power Generation
    ITOCHU has installed solar panels on the roof of our Tokyo Headquarters and the roof of the adjacent Itochu Garden (former CI PLAZA). These panels started generating power in March 2010. The power generation capacity of the solar panels installed is a total of 100 kW. This is equivalent to the power for 30 regular houses (calculated at approximately 3.0 kW per house). All the clean energy generated is used in our Tokyo Headquarters. This is equivalent to an amount of power used in lighting 3.5 floors in our Tokyo Headquarters (during maximum instantaneous power generation)

Energy Consumption Attributable to Business Facilities

(Unit: GJ)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Tokyo Headquarters

126,135

121,290

118,419

118,627

114,083
  • The figures for the Tokyo Headquarters had been calculated based on the Tokyo Metropolitan Ordinance on Environmental Preservation until FYE 2023, and from FYE 2024 with the emission factors specified in the revised Law Concerning the Promotion of the Measures to Cope with Global Warming effective April 1, 2024 (the “Revised Law”)

Electricity Consumption

(Unit: MWh)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Japanese Bases of ITOCHU Corporation*

10,759

10,231

10,214

9,269

9,386
Group Companies in Japan

1,204,830

1,248,258

1,202,311

975,320

1,014,274
Overseas Offices

2,098

3,515

3,469

3,126

3,096
Overseas Group Companies

447,462

437,030

422,880

538,683

645,863
Grand Total of ITOCHU Group

1,665,148

1,699,034

1,638,874

1,526,398

◆ 1,672,619
  • The Tokyo Headquarters is sourcing its real CO2-free electricity together with a Non-Fossil Fuel Certificate since January 2020. The Non-Fossil Fuel Certificate includes the tracking information of Maebashi Biomass Power Plant (Maebashi, Gunma Prefecture) and is used at the Tokyo Head Office building in combination with purchased electricity

Heat and Steam Consumption

(Unit: GJ)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
ITOCHU Group Industrial Steam

541,932

488,429

520,936

851*1

797
Non-industrial Steam

14,452

15,462

14,532

14,593

15,636
Hot Water

4,860

5,710

6,285

4,745

4,373
Cold Water

75,227

67,618

62,874

22,353*2

25,420
  1. In FYE 2023, a Group company became non-consolidated subsidiaries and is not included in the calculation, which causes significant decrease from FYE 2022.
  2. Decreased in FYE 2023 due to sales of some business sites of a Group company.

Fuel Consumption

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
ITOCHU Group Kerosene (Unit: kL)

2,609

3,387

3,086

2,151

1,944
Light Oil (Unit: kL)

41,790

48,460

46,262

48,762

42,671
Gasoline (Unit: kL)

12,759

12,688

11,547

11,619

11,751
Heavy Oil A (Unit: kL)

20,432

18,969

58,137

19,292

19,324
Heavy Oil B and C (Unit: kL)

25,942

25,546

13,595

20,784

13,959
Coal (Unit: t)

315,148

325,431

292,371

192,663

180,851
Petroleum gas Liquefied Petroleum Gas (LPG) (Unit: t)

11,966

11,294

13,575

14,661

13,350
Liquefied Petroleum Gas (LPG) (Unit: thousand m3)

472

469

1,200

578

1,409
Liquefied Petroleum Gas (LPG) (Unit: kL)

186

1,209

660

564

1,283
Petroleum Hydrocarbon Gas (Unit: thousand m3)

340

3

3

3

3
Combustible Natural Gas Liquefied Natural Gas (LNG) (Unit: t)

5,698

4,524

11,654

2,534

4,540
Other Combustible Natural Gas (Unit: thousand m3)

14,115

12,761

7,101

27,749

28,035
City Gas, etc. City Gas (Unit: thousand m3)

26,692

46,793

37,107

33,931

28,688
Other Gas (Unit: thousand m3)

242

404

0

0

0

Energy Intensity

Energy Consumption from ITOCHU’s Domestic Sites (Intensity)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Per Employee
(Total of Japanese Bases of ITOCHU Corporation)
(Unit: GJ/employee)

16.070

15.536

15.245

14.418

14.931
Per One Square Meter of All Floor Space
(Total of Japanese Bases of ITOCHU Corporation)
(Unit: GJ/m2)

0.684

0.576

0.564

0.539

0.559
  • The denominators of intensity figures per one square meter of all floor space are as follows: FYE 2020: 101,545 m2, FYE 2021: 114,920 m2, FYE 2022: 113,434 m2, FYE 2023: 111,945 m2, FYE 2024: 111,893 m2

GHG Emissions

Scope1/Scope2

(Unit: thousand t-CO2e)

FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Japanese Bases of ITOCHU Corporation Scope1

0

0

0

0

★ 0
Scope2

7

6

6

6

★ 2
Scope1+2

7

7

6

6

★ 2
ITOCHU Group Scope1

1,203

1,522

1,485

1,166

◆ 1,062
Scope2

836

800

716

600

◆ 627
Scope1+2

2,038

2,322

2,201

1,766

◆ 1,690
  • The calculation of GHG uses the GHG Protocol developed by WRI (the World Resources Institute) and WBCSD (the World Business Council for Sustainable Development), and is aggregated according to the operational control approach

GHG Emissions from Business Facilities (Scope 1+2)

(Unit: thousand t-CO2e)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Tokyo Headquarters

6

6

6

6

2
Japanese Bases of ITOCHU Corporation

7

7

6

6

★ 2
Group Companies in Japan

1,526

1,611

1,507

1,133

1,111
Overseas Offices

2

3

3

3

3
Overseas Group Companies

504

701

684

625

573
Grand Total of ITOCHU Group

2,038

2,322

2,201

1,766

◆ 1,690
  • Energy-related CO2 emissions included in the ITOCHU Group’s Scope 1 emissions for FYE 2024 are calculated by applying the emission factors specified in the Revised Law Concerning the Promotion of the Measures to Cope with Global Warming effective April 1, 2024. However, emissions from city gas are calculated by applying the emission factors that were effective prior to the enforcement of the Revised Law, including emissions in FYE 2024 (City gas: 2.23 t-CO2/thousand m3N).
  • CO2 emissions from electric power generation of Japanese Bases of ITOCHU Corporation and Group Companies in Japan are calculated by applying basic emission factors by electric utility for data up to FYE 2021 and adjusted emission factors by electric utility for data from FYE 2022 and onward. The data for FYE 2024 is based on the adjusted emission factors for each electric utility published by the Ministry of the Environment on December 22, 2023.
  • CO2 emissions from electricity of Overseas Offices and Overseas Group Companies are calculated based on CO2 conversion coefficient according to the latest data of the International Energy Agency (IEA 2023) for overseas offices and overseas Group companies. We used 2021 data of IEA 2023 for calculation of the figures of FYE 2024.
  • CO2 emissions from heat (Non-industrial Steam, Hot Water, and Cold Water) are calculated using emission factors that were effective prior to the enforcement of the Revised Law, including emissions FYE 2024 (Non-industrial Steam, Hot Water, and Cold Water: 0.057 t-CO2/GJ).
  • The figures for the Tokyo Headquarters had been calculated based on the Tokyo Metropolitan Ordinance on Environmental Preservation until the FYE 2023, and from FYE 2024 with the emission factors specified in the Revised Law.
  • CO2 emissions in FYE 2024 that are not included in any of the Scope 1,2, and 3 emissions are 232 thousand t-CO2e, which are CO2 emissions from the combustion of biomass fuels such as wood and vegetable residues.

Scope1 Total Emissions Breakdown by GHG Type

(Unit: thousand t-CO2e)

FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Scope1 Total Emissions

1,203

1,522

1,485

1,166

1,062
Energy Consumption CO2

1,158

1,234

1,214

907

845
Total GHG Emissions other than CO2 from Energy Consumption

44

288

270

259

218
Breakdown Non-energy Consumption CO2

0

0

0

16

14
Methane (CH4)

1

118

136

122

106
Dinitrogen Monoxide (N2O)

18

119

108

103

82
Hydrofluorocarbon (HFCs)

24

51

26

18

16
Perfluorocarbon (PFCs)

0

0

0

0

0
Sulfur Hexafluoride (SF6)

0

0

0

0

0
Nitrogen Trifluoride (NF3)

0

0

0

0

0
  • The global warming potential (GWP: Global Warming Potential) for the calculation of GHG emissions other than CO2 from energy consumption is based on GWP100 of the IPCC 4th Assessment Report (AR4) for FYE 2020-2023, GWP100 of the IPCC 5th Assessment Report (AR5) for FYE 2024.
  • GHG emissions other than CO2 from energy consumption from Group companies that emit 3,000 or more t-CO2e per year are aggregated and disclosed.
  • We started including “CH4 and N2O emissions associated with pig breeding and excrement management” and “HFC emissions due to leaks from refrigerating equipment, etc.” from FYE 2019, and started further including “CH4 emissions associated with wastewater treatment”, “CH4 emissions associated with composting and landfilling waste” and “N2O emissions associated with the use of fertilizer on farms” from FYE 2021.
  • GHG emissions derived from fluorocarbons are as follows:
    • Group Companies in Japan: Calculated according to the calculation method stipulated by Act on Rational Use and Appropriate Management of Fluorocarbons. However, HCFC is not included in the aggregation.
    • Overseas Group Companies: Calculated based on the charging amount of fluorocarbons used as refrigerants.

Scope3

(Unit: thousand t-CO2e)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Capital Goods*1

800

660

621

598

506
Fuel & Energy Related Activities*2

328

310

389

342

378
Upstream Transportation & Distribution*3

13

12

10

12

★ 10
Waste Generated in Operations*4

235

369

350

298

232
Business Travel*5

56

21

25

44

133
Employee Commuting*6

25

25

23

18

27
Franchises*7

1,152

1,089

1,048

1,025

947

Emission intensity is selected from the Inventory Database for Calculation of an Organization’s GHG Emissions through the Supply Chain issued by the Ministry of Environment of Japan (the latest version), the Inventory Database for Environmental Analysis (IDEA) Ver.3.3 developed by National Institute of Advanced Industrial Science and Technology (AIST), etc.

  1. Calculated by multiplying the amount of fixed assets acquired (consolidated basis) in the relevant fiscal year by the emission intensity per capital goods price.
  2. Calculated using various emission intensities for fuel, heat, and purchased electricity collected during Scope 1 and Scope 2 calculations. Emissions from the generation of wholesale and retail electricity are also included in this category.
  3. Emissions related to domestic contracted transportation of ITOCHU Corporation as the shipper are calculated based on the Greenhouse Gas Emissions Calculation and Reporting Manual issued by the Ministry of the Environment and the Ministry of Economy, Trade and Industry.
  4. Calculated based on various waste and wastewater emissions intensity for the entire ITOCHU Group.
  5. Calculated based on the consolidated accounting data of the ITOCHU Group. The emissions intensity is used for each type of business trip. In FYE 2024, the GHG reduction effect of 50 t-CO2e was included applying “Certificate of CO2 Reduction Effect by SAF” which we purchased through “SAF Flight Initiative” offered by All Nippon Airways Co., Ltd.
  6. The consolidated commuting expenses are estimated based on ITOCHU’s commuting expenses and the number of employees, and then the figure is calculated using the emission intensity of railway commuting.
  7. The difference between Scope 1 and Scope 2 of franchisees of related consolidated subsidiaries of the ITOCHU Group and Scope 1 and Scope 2 of those subsidiaries is recorded.

GHG Emissions (Scope1+2) Intensity

GHG (Scope1+2) Emissions from ITOCHU’s Domestic Sites and ITOCHU Group (Intensity)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Per Employee
(Total of Japanese Bases of ITOCHU Corporation) (Unit: t-CO2e/employee)

1.596

1.552

1.540

1.439

0.468
Per One Square Meter of All Floor Space
(Total of Japanese Bases of ITOCHU Corporation) (Unit: t-CO2e/m2)

0.068

0.058

0.057

0.054

0.018
Per MWh of Electricity Consumption
(Grand Total of ITOCHU Group) (Unit: t-CO2e/MWh)

0.502

0.471

0.437

0.393

0.375
  • The denominators of intensity figures per one square meter of all floor space are as follows: FYE 2020: 101,545 m2, FYE 2021: 114,920 m2, FYE 2022: 113,434 m2, FYE 2023: 111,945 m2, FYE 2024: 111,893 m2

CO2 Emissions by Beverage Manufacturing Companies (Intensity)

Business Profile Company Name (Boundary) Unit FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Beverage Manufacturing

Clear Water Tsunan Co., Ltd.
(Soft drink manufacturing and sales business)

t-CO2e / production capacity in kL

0.081

0.088

0.080

0.062

0.071

Avoided Emissions

Avoided emissions is a quantification of the amount of greenhouse gas reductions in the value chain that could be reduced or curbed if existing products and services (baseline) were replaced with our products and services. International discussions are continuing on the calculation rules for avoided emissions in order to establish a system that is more in line with the actual situation. We will continue to review our own calculation and disclosure methods in light of these discussions.

Valuation Target FYE March 2024 Baseline Calculation Method
Renewable Energy Power Generation

11,792 thousand t-CO2e

Coal-fired Power Generation in Each Country
  • Methodology for calculating annual avoided emissions: Generation capacity x 8,760h x estimated facility utilization rate x emission factor x equity share.
  • Comparison is made only for the avoided emissions in the operational phase of each project.
  • The figures for power plants in which we invest and operate are calculated on a stock basis (single year), while the figures for power plants in which we develop and sell concessions are calculated on a flow basis (lifetime).
  • For power plants that we only operate, and we develop and sell concessions, we multiply the above formula by 70% as our contribution rate.
  • Emission factors are referred to International Energy Agency (IEA) Emission Factors.
Energy Storage

457 thousand t-CO2e

Coal-fired Power Generation in Each Country
  • Methodology for calculating annual avoided emissions: Our sold storage capacity x discharge depth x 365d x emission factor.
  • Assumed that storage batteries are fully charged with renewable energy and discharge it like a virtual power plant (VPP) to replace existing power plants.
  • Calculated on a flow basis (lifetime), assuming a 70% discharge depth and 20 years of operation for the storage batteries we sold. A certain degradation rate is also taken into account.
  • Emission factors are referred to International Energy Agency (IEA) Emission Factors.
Renewable Fuel

17 thousand t-CO2e

Fossil Fuel
  • Methodology for calculating annual avoided emissions: Sales volume x life cycle reduction rate x emission factor.
  • Life cycle reduction rate is a measure of how much GHGs can be reduced over the entire life cycle of a product compared to a conventional product. Assumed to be 80% to 90% for each product.
  • Emission factors are referred to those given in the Energy Efficiency and Global Warming Countermeasures Reporting System of the Ministry of Environment of Japan.

Pollution Prevention and Resource Circulation Performance Data

Pollution Prevention

NOx, SOx, VOC

(Unit: t)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Japanese Bases of ITOCHU Group*1 NOx (Nitrogen Oxides)*2

1,378

1,569

1,437

1,108

◆ 982
SOx (Sulfur Oxides)*2

514

416

416

370

◆ 298
VOC (Volatile Organic Compounds)*3

424

445

400

219

◆ 312
Overseas Bases of ITOCHU Group NOx (Nitrogen Oxides)*2

1,293

1,458

1,656

131

65
SOx (Sulfur Oxides)*2

648

333

545

284

235
VOC (Volatile Organic Compounds)*3

168

182

192

222

215
Grand Total of ITOCHU Group NOx (Nitrogen Oxides)*2

2,671

3,027

3,093

1,239

1,047
SOx (Sulfur Oxides)*2

1,162

749

961

653

534
VOC (Volatile Organic Compounds)*3

592

627

592

441

527
  1. The data are calculated for the business bases located in Japan.
  2. NOx and SOx emissions are calculated for soot and smoke generating facilities under the Air Pollution Control Act.
  3. VOC emissions are calculated for compounds that fall under the VOC 100 types indicated in the notification of the Air Pollution Control Act by the Ministry of the Environment. The main compounds to be counted include ethyl acetate, propyl acetate and isopropyl alcohol. See Attachment 1 of “Enforcement of the Act to Partially Amend the Air Pollution Control Act” (Notice of the Ministry of the Environment, No. 050617001, Kankan Daihatsu, dated June 17, 2005).

Resource Circulation

Waste Generated and Waste Recycling Rate

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Tokyo Headquarters Waste Generated (Unit: t)

767

465

469

428

★ 441
Waste Non-recycled

44

31

30

39

★ 34
Waste Recycled

723

434

439

389

★ 407
Recycling Rate (Unit: %)

94.3

93.4

93.7

90.9

★ 92.3
Osaka Headquarters, Branches and Other Business Facilities in Japan Waste Generated (Unit: t)

1,354

1,226

2,265

3,160

1,722
Group Companies in Japan Waste Generated (Unit: t)

149,949

248,465

141,355

110,911

108,968
Overseas Offices Waste Generated (Unit: t)

9

41

238

449

412
Overseas Group Companies Waste Generated (Unit: t)

461,018

504,085

504,296

525,187

498,016
Grand Total of ITOCHU Group Waste Generated (Unit: t)

613,097

754,283

648,623

640,135

609,558
Waste Non-recycled

450,376

584,567

194,374

132,496

141,219
Waste Recycled

162,721

169,716

454,249

507,639

468,339
Recycling rate (Unit: %)

27

23

70

79

77
  • The waste generated of the Tokyo Headquarters includes the amount sold as valuables

Hazardous Waste Generated

(Unit: t)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Japanese Bases of ITOCHU Corporation・Japanese Bases of ITOCHU Group*1 *2

329

750

251

226

◆ 267
Overseas Offices・Overseas Bases of ITOCHU Group

1,111

1,111

1,063

4,374

3,462
Grand Total of ITOCHU Group

1,440

1,861

1,314

4,600

3,730
  1. The data are calculated for the business bases located in Japan.
  2. The amount of specially controlled industrial waste specified in the “Waste Disposal and Public Cleansing Law” is totaled.

Paper Consumption

(Unit: thousand sheets (A4 equivalent))

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Japanese Bases of ITOCHU Corporation Copy Paper Consumption

26,913

19,167

14,916

14,383

12,720

Water Resources Performance Data

Water Withdrawal and Wastewater Discharge

Volume of Water Withdrawal & Wastewater Discharge

(Unit: thousand m3)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Tokyo Headquarters City water usage

42

29

30

37

40
Treated water production volume*1

34

25

27

32

★ 41
Wastewater Discharge

60

41

41

50

54
Osaka Headquarters, Branches and Other Business Facilities in Japan Water withdrawal

73

61

84

4

7
Wastewater discharge

170

133

169

6

7
Japanese Bases of ITOCHU Corporation Water withdrawal*2 *3

115

90

115

41

■ 62
Wastewater discharge*2 *4

230

173

210

56

■ 60
Group Companies in Japan Water withdrawal

21,947

24,540

25,228

14,833

15,315
Wastewater discharge

9,594

14,269

14,926

9,835

9,871
Overseas Offices Water withdrawal

5

16

31

39

36
Wastewater discharge

5

15

31

39

35
Overseas Group Companies Water withdrawal

72,064

48,494

32,747

30,208

35,251
Wastewater discharge

16,394

21,723

16,319

14,347

13,275
Grand Total of ITOCHU Group Water withdrawal

94,132

73,140

58,120

45,121

50,663
Wastewater discharge

26,224

36,181

31,486

24,277

23,241
  1. The treated water production volume partly contains “City water usage”.
  2. FYE 2023, water withdrawal and wastewater volume decreased significantly from the previous fiscal year because the business of the Ippeki villa area was transferred during the fiscal year and is not included in the calculation.
  3. The amount of rainwater used for treated water production has been counted in water withdrawal at the Tokyo Headquarters from FYE 2024.
  4. The amount of wastewater discharge from Japanese Bases of ITOCHU Corporation until FYE 2022 includes wastewater from sewage treatment plants that receive and treat sewage from third parties, so the amount of wastewater greatly exceeds the amount of water withdrawal.
  • Water sprayed for irrigation is not included in wastewater discharge.
  • Estimation method when water withdrawal and wastewater discharge are not known;
    for Water withdrawal: using a certain basic unit.
    for Wastewater discharge: assuming the same amount as water withdrawal or using a certain basic unit.

Water Withdrawal Amount by Withdrawal Source

(Unit: thousand m3)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
ITOCHU Group Supplied Water Usage, Industrial Water

10,764

12,119

11,655

11,669

12,618
Groundwater Withdrawal

46,764

20,516

16,702

15,349

18,652
Water Taken from Rivers, Lakes, Rainwater

26,323

31,402

19,729

18,079

19,340
Water Taken from Seawater

10,269

9,068

10,015

0

0
Others (External wastewater, Produced Water, etc.)

11

34

19

25

54
Grand Total

94,132

73,140

58,120

45,121

50,663

Discharge Amount by Discharge Destination

(Unit: thousand m3)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
ITOCHU Group Water Discharged to Treatment Facility (e.g., Sewage)

3,900

7,181

9,893

7,052

7,416
Water Discharged to Groundwater

5,731

11,639

6,464

3,912

4,069
Water Discharged to Rivers, Lakes

10,464

10,251

12,581

10,730

9,009
Water Discharged to Sea

6,130

6,679

1,905

1,857

2,355
Others

-

431

642

725

392
Grand Total

26,224

36,181

31,486

24,277

23,241

Water Withdrawal in Water Stressed Regions

The amount of water withdrawal at sites with high risk and extremely high risk (>40%) identified using the WRI Aqueduct tool developed by WRI (World Resources Institute) is as follows. Assuming the total amount of water withdrawal in FYE 2022 as 100%, the amount of water withdrawal at sites with high risk is 4%, and that at sites with extremely high risk is 2%.

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
High Risk (40-80%) Number of Sites

6

7

4

5

8
Water Withdrawal (thousand m3)

2,201

2,786

2,449

2,478

139
Extremely High Risk (>80%) Number of Sites

2

3

3

5

7
Water Withdrawal (thousand m3)

623

1,096

1,362

1,167

3,920

Water Consumption in Manufacturing Processes that are Highly Dependent on Water Resources (Intensity)

Category Boundary Unit FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Beverage Manufacturing

Clear Water Tsunan Co., Ltd.
(Soft drink manufacturing and sales business)

Water Consumption m3
/ Production Volume in kL)

1.95

1.85

1.82

1.83

1.81

Biochemical Oxygen Demand (BOD)　Chemical Oxygen Demand (COD）

Unit FYE 2021 FYE 2022 FYE 2023 FYE 2024
ITOCHU Group discharge amount into Water

BOD load

t

39,099

28,622

52,612

31,511

COD load

t

213,808

135,710

231,914

123,785

Chemical Oxygen Demand (COD)

Category Boundary Unit FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Chemical

C.I. TAKIRON Corporation (factory)

mg/L

2.78

2.20

2.80

1.50

1.67

Environmental Accounting

Environmental Conservation Costs

(Unit: thousands of yen)

Classification Items FYE 2024
Japanese Bases of ITOCHU Corporation Costs inside Business Areas

Costs related to pollution prevention, global environmental conservation, and resource recycling

111,911
Upstream & Downstream Costs

Additional costs for reducing environmental impact, green procurement costs, and containers and packaging recycling.

16,238
(Green Procurement Costs)

6,727
Management Activity Costs

Costs for the development and operation of environmental management systems and environmental education for employees

299,394
Research and Development Costs

R & D costs for products contributing to environmental conservation

500
Social Activity Costs

Costs for environmental improvement measures such as nature conservation, greening, beautification, and landscape preservation, as well as donations and support to organizations engaged in environmental conservation

8,795
Costs to Address Environmental Damage

Costs for nature restoration, compensation for damages related to environmental conservation, etc.

27,382
Grand Total of Japanese Bases of ITOCHU Corporation

464,220
  • Summarized based on the Environmental Accounting Guidelines - 2005 Edition from the Ministry of the Environment

Environmental Conservation & Economic Effects

  FYE 2024
Environmental Conservation Effects Economic Effects
(Unit: thousands of yen)
Japanese Bases of ITOCHU Corporation Paper Usage

1,663 thousand sheets

-925
Electricity Usage

-116 MWh

18,572
Tokyo Head Office Waste Generated

-13 t

-595
Water Usage

-6,655 m3

-4,806
  • Environmental conservation and economic effects are calculated by subtracting actual values for the current fiscal year from those for the previous fiscal year

Understanding the Situation of our Environmental Obligations

We do not limit ourselves to just supporting statutory requirements in regards to the environmental risks in the tangible fixed assets (e.g., land and buildings) of ITOCHU alone and our Group companies — in particular, asbestos, PCB and soil contamination; we also look to understand the situation through surveys voluntarily and then aim to respond in a way that is helpful to prompt management policy decisions and judgments. As of March 2024, we estimate the cost of waste disposal at JPY 27 million, which is a reasonably estimable amount (shadow cost) for future environmental liabilities.

Independent Assurance

Independent Assurance Report (PDF：4.6MB)PDF file: ★Data assured by KPMG AZSA Sustainability Co., Ltd, an external assurance provider based on the international standard ISAE 3000.

  • Regarding range of tallied data, figures not labeled as Consolidated are placed under Non-Consolidated.

Employee Status (as of March 31 for each respective year)

  Non-Consolidated Consolidated
Employees (people) Men (people) Women (people) Avg. Age (years old) Avg. Annual Salary (Yen) Employees (people) Temporary Staff (people)
2024★

4,098

3,072

1,026

42.3

17,536,469

113,733

45,193
2023

4,112

3,111

1,001

42.4

17,300,799

110,698

44,705
2022

4,170

3,180

990

42.2

15,797,516

115,124

43,195
  • The average annual salary, effective from 2024, is calculated excluding employees on leave and those on fixed-term contracts such as rehired retirees.
  • The number of consolidated employees includes the total employees from subsidiaries (including seconded employees), but excludes executives, employees seconded to other companies, and temporary employees.
  • The number of Temporary Staff is calculated in [(Number of Temporary staff at the beginning of FYE＋Number of Temporary staff at the end of FYE)÷2] as the average number of Temporary staff for each fiscal year.
  • Temporary staff, including those from subsidiaries, are defined as temporary staff, contract employees, part-time workers, and part-timers with a contract period of one month or longer.

Gender Pay-Gap

All Employees Full-time Employees Part-time Employees
FYE 2024

58.5%

59.3%

52.5%
FYE 2023

59.1%

60.5%

41.6%
  • The formula of the caluculation is [“average womens’ annual salary” ÷ “average mens’ annual salary”].

Employees by Operating Segment★ (as of March 31, 2024)

(Unit: People)

  Textile Machinery Metals &
Minerals		 Energy &
Chemicals		 Food General
Products &
Realty		 ICT &
Financial Business		 The 8th Others Total
Non-
consolidated

311

388

167

371

399

241

238

44

896

3,055
Consolidated

6,232

13,568

515

11,861

32,687

22,013

16,966

7,265

2,626

113,733
  • The number of consolidated employees includes the total employees from subsidiaries (including seconded employees), but excludes executives, employees seconded to other companies, and temporary employees.

Overseas Bloc Employees by Region★ (as of March 31, 2024)

(Unit: People)

North America South America Europe / CIS Africa Middle East East Asia Asia / Oceania
National Staff

134

108

265

64

119

566

590
Rotational Staff

53

19

64

17

25

71

103
Overseas Trainees

17

3

14

0

4

15

22
TOTAL

2,273
  • Overseas bloc employees by region counts employees who are assigned to overseas subsidiaries or overseas branches/offices.

Number of Overseas Local Employee Management Personnel (as of March 31, 2024)

(Unit: People)

North America South America Europe / CIS Africa Middle East East Asia Asia / Oceania
Management Personnel

85

37

80

7

32

322

176
  • Equivalent to headquarters management positions

Share of Women in Career-track / Managerial / General Managerial / Executive Positions
(as of March 31 for each Respective Year)

(Unit: People)

  Career-track Managerial*1 General Managerial*2 Executive Positions*3
Total Women Share Total Women Share Total Women Share Total Women Share
2024★

3,308

395

11.9%

2,522

223

8.8%

392

3

0.8%

41

5

12.2%
2023

3,331

375

11.3%

2,541

219

8.6%

401*2

3*2

0.7%*2

38

4

10.5%
2022

3,395

359

10.6%

2,569

210

8.2%

413

3

0.7%

41

4

9.8%
  1. “Managerial” include those in general positions above a certain rank, as well as special positions equivalent to managerial roles and associate executive officers.
  2. “General Managerial” includes employees in higher managerial roles, and also includes executive officers and associate executive officers.
  3. In accordance with the revision of the personnel system for executive officers, we have reviewed part of the aggregation criteria. Consequently, the numbers and ratios for 2023 and 2022 have been retroactively corrected.

Women Rotational Staff (as of April 1, 2024)

Employment of Disabled Persons
(as of March 1 for each Respective Year)

  Percentage of Disabled Employees (%)
2024★

2.43
2023

2.48
2022

2.43
  • ITOCHU Corporation, ITOCHU UNIDAS Co., Ltd. and ITOCHU Human Resources & General Services Co., Ltd are included in the scope of the figure.

Number of Hires by Gender and Adoption Rate for Mid-Career

  Number of Hires by Gender (Unit:People) Adoption Rate for Mid-Career (Unit:%)
New-Graduates Mid-Career Total
Men Women Total Men Women Total
FYE 2024★

82

53

135

19

5

24

159

15
FYE 2023

73

34

107

8*1

6

14

121

12
FYE 2022

80*1

36

116

1*1

1

2

118

2
  • The scope of the period is fiscal year (1st of April - End of March).
  • Data for *1 are revised because some of the aggregate data has been revised.

Average Years Employed and Voluntary Resignation Rate (Non-Consolidated)

  Avg. Years Employed (Unit: years) Voluntary Resignation Rate
Men Women Total Men Women Total
FYE 2024★

18.2

18.0

18.2

1.5%

1.7%

1.6%
FYE 2023

18.3

18.3

18.3

1.9%

1.6%

1.9%*1
FYE 2022

18.1

18.4

18.2

1.7%

1.5%

1.6%
  • Positions: career-track, clerical, special
    Turnover rate is calculated according to the following formula.
    Voluntary resignations ÷ employees at end of fiscal year
  • Data for *1 are revised because some of the aggregate data has been revised.

ITOCHU Corporation has a long average number of years employed of 18 years and only around 1.6% of employees voluntarily resign. It is a company where many employees choose to stay for the long-term.

Use of Childcare & Nursing Care Programs

Childcare

(Unit: People)

Childcare leave*1 Childcare leave acquisition rate*2 Leave to nurse sick children Shorter working hours for childcare Special parental leave Percentage of employees returning to work*3
FYE 2024★ Men

51

53%

102

0

5

96%
Women

45

100%

145

74

22
Total

96

68%

247

74

27
FYE 2023 Men

39

52%

67

0

4

96%
Women

48

100%

125

89

19
Total

87

71%

192

89

23
FYE 2022 Men

32

34%

71

0

7

100%
Women

47

104%

124

94

16
Total

79

56%

195

94

23
  1. Childcare leave includes childcare leave at birth (postpartum paternity leave).
  2. The number of employees taking the childcare leave is the number of employees who started taking such leave during the current fiscal year. The “Childcare leave acquisition rate” is the ratio of the number of employees who started taking parental leave during the fiscal year to the number of employees who gave birth during the fiscal year (For men, the number of male employees whose spouses gave birth). (Including the number of employees seconded from other companies)
  3. The percentage of employees (including those seconded to other companies) returning to work after childcare leave is calculated according to the following formula: the number of employees returning to work after childcare leave during the current fiscal year/the number of employees who finished taking childcare leave during the current fiscal year.

Nursing Care and Family Support Leave

(Unit: People)

Nursing care leave Leave for nursing care Shorter working hours for nursing care Special nursing care leave Family Support Leave
FYE 2024★ Men

0

32

0

3

49
Women

0

49

3

9

73
Total

0

81

3

12

122
FYE 2023 Men

0

23

0

4

55
Women

0

45

3

9

70
Total

0

68

3

13

125
FYE 2022 Men

1

18

0

3

70
Women

0

47

5

9

72
Total

1

65

5

12

142

Occupational Health and Safety Data (Non-Consolidated Employees*1)

  FYE 2022 FYE 2023 FYE 2024
  Full-time Part-time Full-time Part-time Full-time Part-time
Number who Suffered from Occupational Accidents (Number which Occurred During Commute)*2

5 (4)

0 (0)

3 (0)

0 (0)

★5 (3)

★3 (1)
Number of Fatalities

0

0

0

0

★0

★0
OIFR (Occupational Illness Frequency Rate)*3

0

0

0

0

★0

★0
Number who Suffered Lost Time Incidents (LTI)*4

0

0

0

0

★0

★1
LTIFR (Lost Time Injury Frequency Rate)*5

0

0

0

0

★0

★4.91
  1. Employees targeted: Full-time employees — career-track employees, clerical employees, those in special positions and employees temporarily assigned to us
    Part-time employee — contract employees
  2. Number who suffered from occupational accidents: The total number of those who suffered from of occupational accidents or non-LTI due to their work and those injured during their commute.
  3. OIFR: The rate of incidence of lost-time accidents corresponding to disease per million hours (calculated as the number of people suffering from LTI due to illness divided by the total number of working hours times 1 million)
  4. We define Lost time injuries (LTI) as incidents where a work-related injury or illness causes the victim to be absent from work on the next working day.
    If the employee took a leave of absence after the next working day, it is not included in the aggregation.
  5. LTIFR: The rate of occurrence of incidents that caused employees to miss work per million working hours (calculated as the number of sufferers of LTI divided by the total number of working hours times 1 million)

Performance Benchmarking Against Industry Average (Wholesalers and Retailers with Over 100 Employees)

  FYE 2021 FYE 2022 FYE 2023
Lost-time Incident Rate

2.27

2.31

1.98
  • The data above references the Ministry of Health, Labor and Welfare’s FYE 2023 Research on Work-related Accident Trends

Time/Cost Allotted for Employee Skills Development Training

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Total annual training time (hours) 168,425 92,431 112,574 87,841 115,649
  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Average training/development hours per regular employee (hours)* 39.53 21.93 27.00 21.36 28.22
Average training/development cost per regular employee (thousand yen) 407 260 269 396 555
  • Calculation method: total annual training hours / employees at end of fiscal year

Attendance in Major Training

(Unit: People)

Training FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
Quick Mastering Business Management Course 110 152 172 173 145
Global Development Program 154 0 (Cancel) 0 (Not implemented) 33 102
Organization Manager Workshop 337 341 624 1,401 649
Short-Term Business School Dispatch 37 8 7 16 36
Junior Chinese/Special Language Dispatch 10 0 (Cancel) 0 (Not implemented) 5 15
Chinese Lessons 158 205 189 193 233
Career Vision Support Training (total) 1,940 2,067 1,851 1,419 1,210

FYE 2024 Human Rights Training Record★

(Unit: People)

  Number of Participants
Group ESG Managers Conference

101
New Employee Training

137
Training for Newly Appointed Section Managers

50
Organization Manager Workshop

649
Pre-overseas Appointment Training

226
Training for New Officers of Group Companies

130
Sustainability Survey Workshop

109
Total

1,402

Support for Diversity, Equity & Inclusion

Fiscal Year Theme
FYE 2024 (Offline・Online)
  1. Femtech Fes!? (In-house exihibition utilizing femtech)
  2. Women’s Advancement (Women’s Advancement Committee ×BHP)
  3. Lesson for “Mom-to-be” and “Dad-to-be” (Promotion of childcare leave for male employees)
  4. Balancing career and nursing care (Basic knowledge on nursing care, long-distance nursing care)
  5. Basic knowledge on LGBTQ
FYE 2023 (Offline・Online)
  1. Introduction of Health and Child Care Concierge
  2. Balancing Pregnancy with Pregnancy and Introducing Support Programs
  3. Basic LGBTQ knowledge and partnerships
  4. Male parental leave
  5. Balance with nursing care
FYE 2022 (Online)
  1. Balancing career and nursing care
  2. Balancing career and life: work style reform and child-rearfor couples
  3. Basic knowledge on LGBTs
  4. Women’s career and health
  5. Advancement of women (talk by an officer)

Attendance in Training Related to Health and Safety Standards (Non-Consolidated Employees)

(Unit: People)

  FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024
General Training Covering Health and Safety Standards*1

3,629

1,447

841

2,690

★2,865
Human Resources-led Training Covering Health and Safety Standards*2

453

74

63

358

★719
  1. The total number of participants in training new recruits (career-track employees and clerical employees), training for newly appointed section managers, training prior to overseas assignment, and the comprehensive emergency drill at the Tokyo headquarters.
  2. The total number of participants in Career vision training (including mindfulness courses and mental health management courses).

FYE 2024 Number of Employees that Received Our Main Health and Safety-related Trainings

(Unit: People)

Type of Training Training Details Number of Employee Attendees
Training New Recruits

Employees newly joining ITOCHU are informed on the importance of health for their personal life and their career. The training includes information on mental health and lifestyle-related diseases. Employees are also educated on the company’s health and safety management by our occupational physician and our clinical psychologist.

137
New Manager Training on Health Management

For newly promoted junior managers, industrial physicians and clinical psychologists provide training on how to guide and manage the health and safety of subordinates through case-studies. The training also provides guidance on how to maintain one’s own health once promoted to their new positions.

50
Training in Preparation for Overseas Assignments or Junior Overseas Training

The training is mainly conducted by our occupational physician, and covers health issues that are likely to occur in relevant countries, as well as crucial differences in medical environments and lifestyles between Japan and assigned countries. The training also covers necessary preparations that are recommended prior to dispatch, and information on how to receive health checkups during their assignment. We also provide the same training for the family members of our employees, and provide information on key contact points and resources in case of emergencies.

245