To members of the press

February 6, 2024
Isetan Mitsukoshi Holdings Ltd.

For the second consecutive year, Isetan Mitsukoshi Holdings has
been recognized as an "A List" company, the highest rating, in theCDP climate change survey.
Isetan Mitsukoshi Holdings Ltd. (hereinafter "Isetan Mitsukoshi HDS," Shinjuku-ku, Tokyo;
Toshiyuki Hosoya, Director, President and CEO) has been selected as an "A List" company byCDP (an international environmental non-profit organization) for the second consecutive year,having been recognized as a global leader in its transparency and action regarding climate change.

1. CDPFounded in 2000, CDP is a non-governmental organization (NGO) managed by a British
philanthropic organization, operating a global disclosure system that helps investors, businesses,
countries, regions and cities to control their environmental impact. CDP examines and analyses
initiatives to address environmental issues such as climate change, forests, and water security thatare taken by companies and organizations around the world and discloses the evaluation results.
CDP’s environment information disclosure and the evaluation process are widely acknowledged asa global standard for corporate environment information disclosure.
The companies are evaluated every year in a detailed and independent manner, with scores
ranging from A to D- based on demonstrated best practices related to environmental leadership,including disclosure comprehensiveness, environmental risk awareness and control, and ambitious
and meaningful goal-setting. In 2023, of more than 21,000 companies that were evaluated, 346
companies were selected for the "A List," the highest rating, for their outstanding efforts in climatechange responses and business strategies.

2. Isetan Mitsukoshi Group's response to climate change
The Isetan Mitsukoshi Group recognizes that addressing climate change is an essential initiative
for the long-term sustainability of its corporate activities and has positioned it as a material theme.
In fiscal 2018, the Group set a target of reducing greenhouse gas emissions by 50% in fiscal 2030
(vs fiscal 2013). In fiscal 2019, it issued a net-zero greenhouse gas emission goal as its long-term
environmental target for 2050. Currently, we are working to address climate change with a focus on
the three axes of energy conservation, energy creation, and energy recycling as well as making
efforts in the 4Rs (Refuse, Reduce, Reuse, Recycle) to achieve a circular society. As a result of
these initiatives, we reduced greenhouse gas emissions (Scope 1 and 2) by 47.6% in fiscal 2022
versus fiscal 2013. Furthermore, in fiscal 2023, we revised our procurement policy and establisheda new Code of Conduct for suppliers to consider social issues such as the environment and humanrights in our procurement activities. In the future, we will actively work to reduce Scope 3 andpromote emissions reductions to a higher level.
1

In the area of information disclosure, to more proactively promote our climate change response, weendorsed the recommendations of the "Task Force on Climate-related Financial Disclosures(TCFD)" in 2021 and are conducting scenario analysis and information disclosure based on theTCFD's framework. From fiscal 2022, we have strengthened our engagement with stakeholders bydisclosing this information in our Annual Securities Report.
The Isetan Mitsukoshi Group is committed to contributing to the creation of a sustainable society byaddressing social issues, including climate change, to realize its vision to become a 'special'department store-centered retail group that enriches the lives of its customers.

3. Steps toward achieving the Group’s long-term
environmental targets for 2050

(Reference)
Sustainability Initiatives of the Isetan Mitsukoshi GroupWebsite
Integrated Reporthttps://imhds.disclosure.site/en
https://imhds.disclosure.site/en/themes/136< Contact >General Affairs Department, Corporate Communication and IR Division, Isetan Mitsukoshi
Holdings Ltd. 050-1704-0684
2