ESG Data
This page discloses ESG data related to our business activities by category.
- ●E：Planet
- Contribute to a sustainable world by pursuing a circular economy
- ●S：People
- Pursue a fair and inclusive society
- ●G：Transparency
- Aim to be a more transparent, secure, and trustworthy company
Planet
We use our proprietary LCA tool, Valuence Resale Impact Calculator, to calculate the avoided emission of luxury products sold by our group.
*Covers luxury goods (watches, bags, jewelry (including bullion), apparel, and accessories) resold at ALLU, STAR BUYERS AUCTION, and wholesale (bullion) during Sep. 2022 to Aug. 2023
| Data Category | FY21 | FY22 | FY23 | |
|---|---|---|---|---|
| Resale Impact | Avoided CO2 emissions (t) | 4,315,484 | 5,849,251 | 4,828,417 |
| Avoided water consumption (㎥) | 221,266,400 | 297,032,752 | 243,472,577 | |
| Avoided energy consumption (GJ) | 17,756,116 | 24,084,648 | 19,914,618 | |
| Avoided PM2.5 emissions (t) | 1,835,900 | 2,489,485 | 2,056,954 |
*Changed the scope of calculation to ALLU, STAR BUYERS AUCTION, and wholesale (bullion) from FY23.
Resale Impact Calculation Standards
- As our customers purchase products the Valuence Group resells, our Resale Impact data represent the amount of environmental impact that can be avoided, not the amount of actual reductions in environmental impact. Presuming a customer buys a reused product instead of a non-reused product, the manufacturing and distribution process for the non-reused product is theoretically omitted; we calculate the environmental impact (in terms of CO2 emissions and water consumption) that the omitted manufacturing and distribution process could have, and show the result as avoided emissions . When calculating Resale Impact, we make assumptions on the amount of emissions from the omitted manufacturing and distribution process, and therefore Resale Impact data can differ from the amount of actual reductions in environmental impact.
- Since we are not a manufacturer of products, our calculation of Resale Impact covers products the Valence Group has resold (watches, bags, jewelry (including bullion), apparel, and accessories). Our Resale Impact data are not obtained by investigating and verifying the amount of actual environmental impact (CO2 emissions and water consumption) from the manufacturing process for each product. We calculate the environmental impact of the products throughout their life cycles, from material procurement to disposal and recycling, by referring to data from Gabi*, a life cycle assessment (LCA) database. The calculation has been conducted under the supervision of an outside consulting firm.
- There may be differences in the results of LCA due to differences in estimation conditions, lack of processes, and other factors.
- The latest Resale Impact calculation results for each product and the figures indicated on the product tag etc., may differ due to the review of calculation results and other factors.
*GaBi is a software program provided by Sphera Solutions GmbH to evaluate the sustainability of products through life cycle assessment.
| Data Category | FY21 | FY22 | FY23 | |
|---|---|---|---|---|
| Energy Consumption | Electricity consumption (kWh) | 2,479,974 | 2,523,173 | 2,720,361 |
| Gasoline consumption (kl) | 12 | 20 | 36 | |
| Diesel fuel consumption (kl) | 65 | 28 | 13 | |
| GHG Emissions | Total CO2 emissions (t-CO2) | 64,034 | 74,753 | 85,863 |
| Scope 1 (t-CO2) | 265 | 121 | 101 | |
| Scope 2 (t-CO2) Market Based | 1,161 | 1,104 | 1,197 | |
| Scope 2 (t-CO2) Location Based*1 | 1,406 | 1,431 | 1,566 | |
| Scope 3 (t-CO2) *2 | 62,609 | 73,527 | 84,565 | |
| Category 1: Purchased goods and services |
59,403 | 70,168 | 70,094 | |
| Category 2: Capital goods | 1,025 | 100 | 8,215 | |
| Category 3: Fuel- and energy-related activities |
199 | 193 | 206 | |
| Category 4: Upstream transportation and distribution |
1,365 | 1,992 | 3,070 | |
| Category 5: Waste generated in operations |
82 | 73 | 90 | |
| Category 6: Business travel | 182 | 503 | 658 | |
| Category 7: Employee commuting | 239 | 269 | 313 | |
| Category 8: Upstream leased assets | – | – | – | |
| Category 9: Downstream transportation and distribution |
25 | 97 | 146 | |
| Category 10: Processing of sold products |
– | – | – | |
| Category 11: Use of sold products*3 | – | – | 1,401 | |
| Category 12: End of life treatment of sold products |
89 | 132 | 133 | |
| Category 13: Downstream leased assets*4 |
– | – | 1 | |
| Category 14: Franchises*5 | – | – | 238 | |
| Category 15: Investments | – | – | – |
Scope of calculation: Valuence Holdings and its domestic subsidiaries until FY22, consolidated group including overseas subsidiaries from FY23
Scope 1: Greenhouse gas emissions from business-use vehicles and air conditioning used for buying offices, administrative offices and warehouses
Scope 2: Greenhouse gas emissions from electricity used in buying offices, administrative offices, and warehouses
Scope 3: Greenhouse gas emissions generated indirectly in the value chain (e.g., procurement of goods and services, transportation of goods)
*1 Started disclosing location-based Scope 2 emissions from FY23, including figures for the previous fiscal years
*2 Figures for the previous fiscal years have been partially revised due to the review of calculation logic and emission factors, associated with the expansion of the scope of calculation for FY23
*3 Emissions from the use of vehicles that YONE MOTORS sold during the fiscal year period
*4 Emissions from the use of rental cars that YONE MOTORS leased during the fiscal year period
*5 Scope 1 and 2 emissions from overseas partner offices
People
| Data Category | FY21 | FY22 | FY23 | |
|---|---|---|---|---|
| Employee Engagement and
Labor Practices |
Employee engagement score *1 | 3.3 | 3.3 | 3.3 |
| Average age (years) | 30.6 | 31.4 | 31.1 | |
| Average years of service | 2.5 years | 2.9 years | 2.9 years | |
| Average annual salary of employees (yen)*2 | 5,187,160 | 4,662,643 | 4,817,223 | |
| Ratio of employees covered by social insurance | 100% | 100% | 100% | |
| Periodic health checkup rate | 100% | 100% | 100% | |
| Stress checkup rate | 85% | 84% | 84% | |
| Absenteeism (days) *3 | – | – | 2.5 | |
| Presenteeism *4 | – | – | 74% | |
| Smoking rate | – | – | – | |
| Paid leave utilization rate *5 | 55% | 74% | 76% | |
| Number of days off work for the entire group *5 | 128 | 128 | 128 | |
| Number of work-related fatalities throughout the group | 0 | 0 | 0 | |
| Diversity & Inclusion | Number of employees | 707 | 812 | 924 |
| Men | 441 | 486 | 510 | |
| Women | 266 | 326 | 414 | |
| Female employees ratio | 37.6% | 40.1% | 44.8% | |
| Number of employees in management positions | 127 | 163 | 187 | |
| Men | 102 | 132 | 152 | |
| Women | 25 | 34 | 35 | |
| Female ratio in management positions | 19.7% | 20.5% | 18.7% | |
| Average age of employees in management positions |
37.9 | 38.5 | 37.4 | |
| Number of employees with disabilities | 10 | 15 | 18 | |
| Ratio of employees with disabilities | 2.08% | 2.25% | 2.43% | |
| Average annual salary for men (yen)*5 | 5,665,686 | 5,056,395 | 5,287,109 | |
| Average annual salary for women (yen)*5 | 4,344,954 | 3,936,795 | 3,988,514 | |
| Gender pay gap *6 | 77% | 78% | 76% | |
| Turnover rate | 13.6% | 20.5% | 16.4% | |
| Ratio of childcare leave taken (men/women) | 4％/100% | 4％/100% | 32%/100% | |
| Ratio of employees returning to work after childcare leave (men/women) | 100%/90% | 100%/81.8% | 100%/100% | Average hours of training per employee | – | 56 hours | 71 hours |
* Scope of calculations: For items without notes, full-time and contract employees of Valuence Holdings (including employees seconded to subsidiaries)
*1 Average scores (on a scale of 1 to 5) for “company satisfaction,” “job satisfaction,” “supervisor satisfaction,” and “workplace satisfaction” in an external engagement survey conducted on consolidated Group employees
*2 Average of total salary (September-August) and bonus (winter and summer) paid to full-time employees enrolled for the full year (excluding employees on leave or working shorter hours)
*3 Average number of days used for sick leave and days absent from work due to injury or illness
*4 Average score of employee survey using SPQ (Single-Item Presenteeism Question, University of Tokyo, 1-item version)
*5 Excluding contract employees
*6 Full-time, contract, and part-time employees who have been enrolled for the full year (excluding employees on leave) in accordance with the Act on the Promotion of Women’s Active Engagement in Professional Life (Act No. 64 of September 4, 2015)
Transparency
| Data Category | FY21 | FY22 | FY23 | |
|---|---|---|---|---|
| Corporate Governance | Number of Board of Directors | 9 | 10 | 11 |
| Men | 9 | 9 | 10 | |
| Women | 0 | 1 | 1 | |
| Ratio of female directors | 0% | 10% | 9% | |
| Number of outside directors | 5 | 6 | 6 | |
| Number of independent directors | 5 | 5 | 5 | |
| Ratio of attendance at Board of Directors Meetings | 100% | 100% | 100% | |
| Composition of the Audit and Supervisory Committee | 4, including 3 outside directors |
4, including 3 outside directors |
4, including 3 outside directors |
|
| Composition of Nomination and Compensation Committee | 5, including 4 outside directors |
4, including 3 outside directors |
4, including 3 outside directors |
|
| Total amount of executive compensation (Thousands of yen) | 305,967 *1 | 220,107 *2 | 278,737 *3 | |
| Number of whistleblower incidents | 7 | 8 | 6 | |
| Political donations | none | none | none |
*1 Breakdown: 253,309 thousand yen for Directors (excluding Audit & Supervisory Board Members and Outside Directors), 20,658 thousand yen for outside Directors 32,000 thousand yen
*2 Breakdown: 172,375 thousand yen for Directors (excluding Audit & Supervisory Board Members and Outside Directors), 10,232 thousand yen for outside Directors 37,500 thousand yen
*3 Breakdown: 225,337 thousand yen for Directors (excluding Audit & Supervisory Board Members and Outside Directors), 12,200 thousand yen for outside Directors 41,200 thousand yen