Our Sustainability Sustainable management
Approach to human resources strategy and investment in human capitalIn our Group, human assets (capital), from which ourconsulting services stem, is an extremely important formof management capital. By improving the interpersonal
skills of our employees and their capabilities to provide
high-quality services, as well as increasing the diversityof our employees, we can respond to the diverse values
and requests of our clients and offer further value-added
property consulting services. Investing in human capitalmeans investing in our business base and its foundationof sustainable management, which is essential for
the Group's ongoing sustainable growth. We monitor
operating profit per employee as an overall measure ofreturn on investment in human capital. We seek to improve
operating profit per employee by making progress invarious measures related to human capital.

⚫Operating profit per employee (consolidated)(million yen)

9.07

98

6.91

7

7.17

6.79

6

5.28

54
3

Endorsement of TCFD

Indicators and targets

The Group has declared its support for therecommendations of the Task Force on Climate-related
Financial Disclosures (TCFD). The Group is engaged inbusiness activities utilizing energies from land and othernatural resources, and we recognize that addressing
climate change is an important management challengewith a considerable impact on our business continuity. We
prioritize environmentally friendly initiatives for their ability
to contribute to enhancing asset value and resolving social
issues, and we aim to meet the needs of both clients andtenants.

The total CO2 emissions of our Group have been
increasing due to the expansion of our business andincreases in the number of employees. However, byintroducing energy-saving equipment and changing power
contracts to a carbon-free plan, we have been reducing
CO2 emissions per square meter (CO2 emission intensity).
Our CO2 emission reduction targets for 2030 and 2050
are currently under consideration. We will continue toaddress climate change risks by extending and expanding
measures to curb emissions through ongoing TCFD
disclosures.

2⚫Changes in CO2 emissions [tCO2]

102018

2019

2020

2021

Scope 1 1＆2&2
Scope2022

Scope 33「ADVANTAGE
Emissions related toAdvantageClubScopeCLUB」に関わる排出量
Scope 33Otheremissions
Scope
その他による排出量

GovernanceAchieving sustainable growth for the Aoyama Zaisan Networks Group

Initiatives
・Creating a pleasant working
environment for all・Ratio of female employees: 30% /Target 40% (consolidated)・Ratio of female managers: 19% / Target
30% (consolidated)
・Promoting use of parental leave bymale employees
Initiatives
・Philosophy training(Hasumi Juku)・Partial donation ofprofits・Volunteer activities

Diversity

Improvinginterpersonalskills

Initiatives
・Property consultant training
・Training of management personnel
・Education and training DX

Enhancingand expanding
wealth, body,and mind

Increase inoperating profit peremployee

Education

HiringInvestment in human capital

Initiatives
・System of equal pay for men and women・Annual review of the evaluation system
・Implementing base increase (2% in 2023)
・Health checkup rate: 100%(consolidated)・Utilization rate of paid leave: 63% (nonconsolidated)

Risk
management

Initiatives
・Managing working
hours and workers'
compensation
・Health management
・Establishing aharassment line・Performing stresschecks

Initiatives・Reducing mismatches
・Attracting outstanding human resources
・Increasing numbers of applications
・Improving the hiring rate

The Group's Board of Directors deliberates and decides
on policies and important issues related to the overall
issue of addressing climate change.

2
CO22 emissions
intensity[tCO2/m ]CO
排出量原単位[tCO2/㎡]

CO2
CO2emissions 7,000
排出量[tCO2][tCO2]

Strategy4,000

We conduct analysis of risks and opportunities in thevalue chain in the real estate industry (small-lot real estateproducts), taking into account business characteristics
and the surrounding environment, including political,economic, and social conditions, and we conduct
scenario analysis of the impact of each risk on business.

3,000

排出量原単位[tCO2/㎡]

1,456

1,4800.08

1,666
0.0775

0.075

2,000

3,952

4,265

4,121
0.07

1,000

0

The Sustainability Committee oversees climate changerisks and opportunities from a medium- to long-term
perspective for the entire Group, and performs supervisionand monitoring in cooperation with the Board of Directors,
with the results reflected in management strategy.

CO2 emissions

CO20.085 intensity[tCO2/m2]0.0836

6,000

5,000

Risk management

0.0846

87101

101

2020
2020年

2021
2021年

2022
2022年

0.065

⚫ Total CO2 emissions ratio (2022)
Scope 1 & 2: 101 tCO2

2%

Emissions related toAdvantage Club:
4,121 tCO2

70%

Total emissions

5,888 tCO2

Scope 3: 5,787 tCO2

98%

28

Aoyama Zaisan Networks ｜ Integrated Report 2023

Aoyama Zaisan Networks ｜ Integrated Report 2023

29