Onward Holdings Co Ltd 2023 AR2

The report highlights Onward Holdings Co., Ltd.'s financial and sustainability performance for the fiscal year ended February 28, 2023. The company returned to operating profitability for the first time in four years, driven by the recovery of its domestic apparel business and global business reforms. Onward progressed its sustainability initiatives, including the Onward Green Campaign, which has cumulatively recovered approximately 6.87 million clothing items for reuse and recycling. Additionally, the company endorsed the TCFD recommendations and disclosed its greenhouse gas emissions, targeting a 50% reduction in Scope 1 and 2 emissions by 2030 compared to FY02/20. Onward also advanced its human capital management, reporting a 28.1% ratio of female managers and introducing new workstyle systems.

Company: Onward Holdings Co Ltd

Sector: Consumer Discretionary

Country: Japan

Year: 2023

Type: AR2

Pages: 54

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Onward Holdings Co Ltd

Onward Holdings Co Ltd 2023 Annual Report

Annual Report

The report highlights Onward Holdings Co., Ltd.'s financial and sustainability performance for the fiscal year ended February 28, 2023. The company returned to operating profitability for the first time in four years, driven by the recovery of its domestic apparel business and global business reforms. Onward progressed its sustainability initiatives, including the Onward Green Campaign, which has cumulatively recovered approximately 6.87 million clothing items for reuse and recycling. Additionally, the company endorsed the TCFD recommendations and disclosed its greenhouse gas emissions, targeting a 50% reduction in Scope 1 and 2 emissions by 2030 compared to FY02/20. Onward also advanced its human capital management, reporting a 28.1% ratio of female managers and introducing new workstyle systems.

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Document Details

Report Year

2023

Reporting Period

Mar 1, 2022 - Feb 28, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Women in Management

Net Zero Target

Employees