AEON : Aeon : Selected for CDP Climate Change A-List

This is a translation of the original Japanese document and is provided for informational purposes only. If there are any discrepancies between this and the original, the original Japanese document prevails. February 6, 2025 AEON CO., LTD. Selected for CDP Climate Change A-List Achieved the highest rating for six consecutive years AEON has received consistent recognition from CDP, a non-profit organization specializing in international environmental research and information disclosure. The company has achieved the highest rating, the A-list, for six consecutive years, acknowledging its commitment to reducing emissions, addressing climate change risks, and promoting a low-carbon economy. CDP's annual environmental disclosures are widely recognized as the global standard for corporate environmental transparency. In 2024, over 700 financial institutions, managing assets exceeding USD 142 trillion, requested environmental disclosures through CDP's platform. A total of more than 24,800 companies worldwide responded to the current survey. Ratings are assigned on an 8-point scale ranging from 'A' to 'D-' and are utilized by institutional investors to guide investment decisions. AEON will continue to make group-wide efforts to realize a decarbonized society by advancing various climate and nature-related initiatives throughout its entire supply chain. END Reference: Disclosures Based on the TNFD / TCFD Recommendations Nature-related Strategies ・ Scenario Analysis to Meet the 1.5°C Target AEON's business activities are supported by product procurement and store operation activities. Climate-related issues are primarily issues of how to visualize and reduce the impact of greenhouse gases generated at the procurement or store stages. It is therefore important how decarbonization measures are incorporated into company systems and requires the consideration of strategies that balance transition risks and physical risks, which have a trade-off relationship. To implement this approach, we take into account various information obtained from expert sectors with a focus on reports by the Intergovernmental Panel on Climate Change (IPCC), perform an analysis of scenarios leading to 1.5°C and 4°C worlds, and make various modifications to the variables within those scenarios to ascertain climate-related transition risks, physical risks, and opportunities. ・ Scope of Climate-related Risks and Opportunities All AEON group companies in Japan and overseas come under the scope of climate-related risks and opportunities. From a risk management perspective, companies and suppliers that make up the supply chain are also included. Here, we identified the risks and opportunities organized through scenario analyses performed within that scope. ・ Climate-related Significant Financial and Strategic Impact Direct loss: When the expected maximum damage caused by climate-related events, such as disasters, that result in the destruction of store facilities or damage to product inventory, exceeds 1% of operating profit, it is said to have a "significant financial and strategic impact." Indirect loss: When the expected duration of interruption to business operations and activities due to store closures or disruptions in the logistics network of business is approximately one week, it is said to have a "significant financial and strategic impact." Based on the above definitions, we have estimated some of the financial risks that climate-related issues have on actual store operations. AEON Decarbonization Vision https://www.aeon.info/en/sustainability/datsutanso/ Achieved seven years ahead of schedule in December 2023 Attachments Original document Permalink Disclaimer AEON Co. Ltd. published this content on February 06, 2025 , and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 07, 2025 at 05:26:07.273 . This is a translation of the original Japanese document and is provided for informational purposes only. If there are any discrepancies between this and the original, the original Japanese document prevails. February 6, 2025 AEON CO., LTD. Selected for CDP Climate Change A-List Achieved the highest rating for six consecutive years AEON has received consistent recognition from CDP, a non-profit organization specializing in international environmental research and information disclosure. The company has achieved the highest rating, the A-list, for six consecutive years, acknowledging its commitment to reducing emissions, addressing climate change risks, and promoting a low-carbon economy. CDP's annual environmental disclosures are widely recognized as the global standard for corporate environmental transparency. In 2024, over 700 financial institutions, managing assets exceeding USD 142 trillion, requested environmental disclosures through CDP's platform. A total of more than 24,800 companies worldwide responded to the current survey. Ratings are assigned on an 8-point scale ranging from 'A' to 'D-' and are utilized by institutional investors to guide investment decisions. AEON will continue to make group-wide efforts to realize a decarbonized society by advancing various climate and nature-related initiatives throughout its entire supply chain. END Reference: Disclosures Based on the TNFD / TCFD Recommendations Nature-related Strategies ・ Scenario Analysis to Meet the 1.5°C Target AEON's business activities are supported by product procurement and store operation activities. Climate-related issues are primarily issues of how to visualize and reduce the impact of greenhouse gases generated at the procurement or store stages. It is therefore important how decarbonization measures are incorporated into company systems and requires the consideration of strategies that balance transition risks and physical risks, which have a trade-off relationship. To implement this approach, we take into account various information obtained from expert sectors with a focus on reports by the Intergovernmental Panel on Climate Change (IPCC), perform an analysis of scenarios leading to 1.5°C and 4°C worlds, and make various modifications to the variables within those scenarios to ascertain climate-related transition risks, physical risks, and opportunities. ・ Scope of Climate-related Risks and Opportunities All AEON group companies in Japan and overseas come under the scope of climate-related risks and opportunities. From a risk management perspective, companies and suppliers that make up the supply chain are also included. Here, we identified the risks and opportunities organized through scenario analyses performed within that scope. ・ Climate-related Significant Financial and Strategic Impact Direct loss: When the expected maximum damage caused by climate-related events, such as disasters, that result in the destruction of store facilities or damage to product inventory, exceeds 1% of operating profit, it is said to have a "significant financial and strategic impact." Indirect loss: When the expected duration of interruption to business operations and activities due to store closures or disruptions in the logistics network of business is approximately one week, it is said to have a "significant financial and strategic impact." Based on the above definitions, we have estimated some of the financial risks that climate-related issues have on actual store operations. AEON Decarbonization Vision https://www.aeon.info/en/sustainability/datsutanso/ Achieved seven years ahead of schedule in December 2023 Attachments Original document Permalink Disclaimer AEON Co. Ltd. published this content on February 06, 2025 , and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 07, 2025 at 05:26:07.273 .