Sustainability
BEENOS has identified 8 material sustainability issues including “the efficient use of resources,” “countermeasures to climate change” and “development of the Asian region” to help realize a sustainable society that will “provide hope for a better tomorrow.”
BEENOS has worked to create platforms and information ecosystems both domestically and internationally to connect people, products and information across the globe. We have grown to a point where we can aim for a more hopeful society through our contributions to the growth of global distribution.
Our “Global Commerce Business” transcends international borders to allow people to purchase products from a foreign country and has become our focal business. We are currently one of Japan’s largest players and support the international penetration of many partners.
The world has a multitude of agendas that need to be addressed including climate change, human rights, poverty, etc. We believe that it is important for us to be conscious of our impact on the earth’s climate as our global transactions continue to grow.
There have been debates on whether these measures to create a sustainable society goes against capitalistic business practices. However, we have learned through our experiences and growth as a company that stronger growth could be achieved by working hand-in-hand with our global partners as we share our expertises with one another and work together on a foundation built by trust.
We have a firm conviction that as each business strengthens their specialty in their line of expertise and creates partnerships and networks that will mutually benefit each other, we will be able to build a sustainable society through the mutual trust of all stakeholders.
As we “provide hope for a better tomorrow,” we believe that this hope will change into the potential of growth that leads to a sustainable society.
The hope for a growing economy. The hope for positive changes to the world’s problems. We submit that this is what defines a sustainable society if every person can have these hopes.
BEENOS will commit to face the issues that come from our business activities and fulfill our duties as a publicly listed company. We do not characterize these issues as a dichotomy but a possibility for us to coordinate with all stakeholders to do our part increating a sustainable society.
BEENOS has worked to create platforms and information ecosystems both domestically and internationally to connect people, products and information across the globe. We have grown to a point where we can aim for a more hopeful society through our contributions to the growth of global distribution.
Our “Global Commerce Business” transcends international borders to allow people to purchase products from a foreign country and has become our focal business. We are currently one of Japan’s largest players and support the international penetration of many partners.
The world has a multitude of agendas that need to be addressed including climate change, human rights, poverty, etc. We believe that it is important for us to be conscious of our impact on the earth’s climate as our global transactions continue to grow.
There have been debates on whether these measures to create a sustainable society goes against capitalistic business practices. However, we have learned through our experiences and growth as a company that stronger growth could be achieved by working hand-in-hand with our global partners as we share our expertises with one another and work together on a foundation built by trust.
We have a firm conviction that as each business strengthens their specialty in their line of expertise and creates partnerships and networks that will mutually benefit each other, we will be able to build a sustainable society through the mutual trust of all stakeholders.
As we “provide hope for a better tomorrow,” we believe that this hope will change into the potential of growth that leads to a sustainable society.
The hope for a growing economy. The hope for positive changes to the world’s problems. We submit that this is what defines a sustainable society if every person can have these hopes.
BEENOS will commit to face the issues that come from our business activities and fulfill our duties as a publicly listed company. We do not characterize these issues as a dichotomy but a possibility for us to coordinate with all stakeholders to do our part increating a sustainable society.
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Environmental
Tasks
- Countermeasures to climate change
- Greenhouse gas emissions is considered a grave issue on a global scale that the BEENOS Group cannot ignore as our main businesses deal with cross border E-Commerce and ships items by air, thus emitting carbon dioxide. We will responsibly do our part to better combat climate change as we ship items to customers worldwide.
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Environmental
Tasks
- The efficient use of resources
- The Value Cycle Business handles secondhand fashion and liquor items. The Global Commerce business also handles a large number of secondhand items, thus making us a business that recycles resources. We will continue to improve the recycling of resources on a global scale as we continue to grow as a Group. The E-Commerce Business of the BEENOS Group also uses a lot of packaging materials for shipping merchandise. We will dedicate ourselves to choose materials that are eco-friendly and use as little as possible.
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Social Tasks
- Resolving consumer issues through innovation
- Creating new businesses to resolve consumer issues is in BEENOS’s DNA. Innovation is vital in the internet business to continue to grow. We will continue to generate opportunities to create new businesses and take the necessary measures to let them grow.
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Social Tasks
- Development of the Asian region
- The BEENOS Group has been involved in the development of the Asian region for over a decade. Our Incubation Business has invested in startups mainly in India and Southeast Asia. Some of them have grown to be leading companies in their industry for their country/region.
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Social Tasks
- Creating an organization worth working for
- It is vital for the BEENOS Group to create a working environment that will uphold the motivation of our employees. We commit to creating and maintaining a healthy, positive and growing workplace environment that will benefit our human resources no matter what stage in life or position in the company they are in.
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Social Tasks
- Securing a diverse organization
- Diversity is key in creating an organization that will increase performance. BEENOS proactively recruits candidates with a diverse background, but we are lagging in terms of the number of women in management. We will continue to create a more flexible and inclusive organization.
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Governance
Tasks
- Data protection and cybersecurity
- The BEENOS Group is considerate of the attributes and risks regarding the data protection of each country that we do business with. We will continuously fortify our security measures as our businesses and services spread into more markets and ensure that our organization has the literacy to ensure the safety of the data that we handle.
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Governance
Tasks
- Legal Compliance (Global)
- The BEENOS Group engages in businesses across a multitude of countries that operate under their respective laws, regulations and customs that we need to be aware of. We need to understand how to avoid any potential disputes as well as ensure that we have a secure IP strategy, including patents, so we can secure profits for the Group and our related businesses. We will continue to fortify our legal framework and increase the literacy on the legal front within the Group.
Process to identify tasks
- 1. Identify issues to deal with
- We broke down the issues into 54 different themes based on various global frameworks.
- 2. Refine issues to deal with
- We evaluated all 54 themes and refined our selection down to 13 based on their relevancy to BEENOS.
- 3. Survey stakeholders
- We surveyed stakeholders, including employees and shareholders, on the 13 themes to help identify the 8 material sustainability issues that are of the highest priority.
- 4. Determine priority issues
- The 8 issues were approved by the board of directors on 27 January 2022.
- 5. Comprehend/disclose current status of issues
- We will assess and evaluate the status of each issue and disclose them in a timely manner.
- 6. Set/disclose goals
- We will set goals for each issue, accompanied by an action plan.
- 7. Disclose countermeasures and progress
- We will disclose the action plan and report the progress of each issue, as needed, on our website.
Sustainability Organization
