{"id":9484,"date":"2023-05-15T15:35:05","date_gmt":"2023-05-15T06:35:05","guid":{"rendered":"https:\/\/codo.jp\/?p=9484"},"modified":"2024-08-22T15:11:23","modified_gmt":"2024-08-22T06:11:23","slug":"climate-plans-in-the-building-sector-how-do-japanese-firms-perform","status":"publish","type":"post","link":"https:\/\/codo.jp\/en\/climate-plans-in-the-building-sector-how-do-japanese-firms-perform\/","title":{"rendered":"Climate plans in the building sector: how do Japanese firms perform?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>In the World Benchmarking Alliance\u2019s fifth Climate and Energy Benchmark, the 50 most influential building companies worldwide were assessed by their low-carbon transition strategies. The findings were consolidated into an insights report published in March 2023. In this blog post, we at Codo summarize the main findings and analyze how Japanese firms performed. <\/strong>&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-neve-link-color-color has-text-color\">What are WBA climate benchmarks?&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <a rel=\"noreferrer noopener\" href=\"https:\/\/www.worldbenchmarkingalliance.org\/\" target=\"_blank\">World Benchmarking Alliance<\/a> (WBA) is a global non-profit that creates benchmarks of over 2000 firms by comparing their contributions to the Sustainable Development Goals (SDGs) and publishes assessments of companies&#8217; climate plans across various industries. The assessments are based on the <a href=\"https:\/\/actinitiative.org\/act-methodologies\/\">ACT methodology<\/a>, developed by <a rel=\"noreferrer noopener\" href=\"https:\/\/www.ademe.fr\/en\/frontpage\/\" target=\"_blank\">ADEME<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cdp.net\/en\" target=\"_blank\">CDP<\/a> to measure the quality of corporate low-carbon transition plans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The WBA Climate and Energy Benchmark focuses on assessing companies in high-emitting sectors. Following <a rel=\"noreferrer noopener\" href=\"https:\/\/www.worldbenchmarkingalliance.org\/publication\/automotive\/\" target=\"_blank\">car manufacturers<\/a> (automotive), <a rel=\"noreferrer noopener\" href=\"https:\/\/www.worldbenchmarkingalliance.org\/publication\/electric-utilities\/\" target=\"_blank\">electric utilities<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.worldbenchmarkingalliance.org\/publication\/oil-and-gas\/\" target=\"_blank\">oil and gas<\/a>, and <a href=\"https:\/\/www.worldbenchmarkingalliance.org\/publication\/transport\/\" data-type=\"URL\" data-id=\"https:\/\/www.worldbenchmarkingalliance.org\/publication\/transport\/\">transport industries<\/a>, the WBA has assessed the building sector. The comprehensive assessment of these companies combines ACT assessments (conducted by CDP) and \u201cjust transition\u201d assessments (conducted according to an internal methodology) to provide an overall score covering the environmental, industrial, and social dimensions of each company\u2019s low-carbon transition. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The building sector benchmark covers 50 building companies operating in over 91 countries, including three companies from Japan. Although the total number of companies assessed was smaller than in other sectors, their combined global impact is as large or larger than the other assessed sectors, with building industry emissions alone being responsible for 37% of global CO2e emissions (as of 2021). While the building sector can be further divided into complex sub-sectors, each of the companies included in the WBA Buildings Benchmark have a role in at least one of the following fields: property development, property management, and construction.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-neve-link-color-color has-text-color\">A sector whose current choices will have decades-long impact, but is not taking responsibility&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The WBA\u2019s key findings highlight how important it is for companies to take immediate and critical action. The building sector is responsible for 37% of global emissions, yet currently, most companies do not have emission reduction targets or transition plans in place to achieve net-zero goals supporting the Paris Agreement 1.5\u00b0C transition. As corporate actions of the building sector have a significant global impact on both short-term and long-term time scales, it is crucial to assess where they stand and hold them accountable. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Based on the 50 company assessments, the WBA identified 5 key findings:&nbsp;<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>There is little evidence that companies are trying to reduce their in-use emissions. A lack of proper design, construction, and\/or renovation creates locked-in (unable to be easily changed\/reduced without causing other environmental harm) emissions that will <strong>significantly limit society\u2019s ability to decarbonize in the long term. <\/strong>&nbsp;<\/li>\n\n\n\n<li>Very <strong>few companies are actively <\/strong><strong><em>planning<\/em><\/strong><em> <\/em>for their low-carbon transition, while 54% of companies have not yet even partially developed a transition plan. &nbsp;<\/li>\n\n\n\n<li>The building sector must <strong>engage with its value chain<\/strong> to achieve emission reductions, but 46% do not have a strategy for client engagement toward decarbonization.&nbsp;<\/li>\n\n\n\n<li>There is a <strong>lack of commitment and a failure to act<\/strong> to improve responsible corporate conduct including respect for human rights and protection of the health and safety of their own workers and that of the workers in their supply chains. &nbsp;<\/li>\n\n\n\n<li><strong>All building companies scored 0 on their \u201cjust transition planning,&#8221;<\/strong> putting over 1 million direct employees and millions of other contracted workers at risk.&nbsp;<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-04822461 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-attachment-id=\"9840\" data-permalink=\"https:\/\/codo.jp\/en\/climate-plans-in-the-building-sector-how-do-japanese-firms-perform\/danist-soh-dqxiw7ncb9q-unsplash\/\" data-orig-file=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?fit=4896%2C3264&amp;ssl=1\" data-orig-size=\"4896,3264\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"danist-soh-dqXiw7nCb9Q-unsplash\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?fit=300%2C200&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?fit=1024%2C683&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"\" class=\"wp-image-9840\" srcset=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?resize=2048%2C1365&amp;ssl=1 2048w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?resize=1200%2C800&amp;ssl=1 1200w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/danist-soh-dqXiw7nCb9Q-unsplash.jpg?w=3000&amp;ssl=1 3000w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-04822461 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-right wp-block-paragraph\"><em>Photo by&nbsp;<a href=\"https:\/\/unsplash.com\/@danist07?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Danist Soh<\/a>&nbsp;on&nbsp;<a href=\"https:\/\/unsplash.com\/photos\/dqXiw7nCb9Q?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Unsplash<\/a><\/em><\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-neve-link-color-color has-text-color\">How did the Japanese companies perform?&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Overall, Japanese companies performed comparatively well. Among the entire 50 companies, 3 were headquartered in Japan. They all ranked in the upper half: Mitsubishi Estate (7th), Mitsui Fudosan (12th), and Sumitomo Realty &amp; Development (23rd). These relative rankings, however, fail to demonstrate the vast room for improvement that the sector as a whole has in front of them. ACT scores are comprised of three metrics, with the highest possible score being 20, A, +, respectively. Please reference our previous article for more information on the ACT scoring methodology. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mitsubishi Estate ranked 7th across the 50 companies with an ACT performance rating of 6.9B= and emissions reduction targets for 2030 for Scope 1, 2, and 3 emissions validated by the Science Based Targets Initiative (SBTi). However, the data regarding its absolute emissions was incomplete, and there was little evidence or public disclosure of its ethical engagements in line with a \u201cjust transition\u201d. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mitsui Fudosan ranked 12th and obtained an ACT performance rating of 6.5B+ from their transition plan to invest in renewable energy and low-carbon materials. They lost points due to a general lack of full and consistent absolute and intensity-based emissions disclosure. It also failed to communicate about public commitments to providing more decent work opportunities and protections to employees in line with a just transition. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sumitomo Realty &amp; Development ranked 23rd from their ACT performance rating of 3.2C- earned due to their clear short-term decarbonization targets until 2030. However, they have no long-term targets or actions planned, and their total emission reporting is incomplete. Like its competitors, it is also missing any public commitments to ethical business practices towards a just transition.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"1000\" data-attachment-id=\"6802\" data-permalink=\"https:\/\/codo.jp\/en\/climate-plans-in-the-transport-industry-how-do-japanese-firms-perform\/act-rating\/\" data-orig-file=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?fit=1000%2C1000&amp;ssl=1\" data-orig-size=\"1000,1000\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"ACT-rating\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?fit=1000%2C1000&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?resize=1000%2C1000&#038;ssl=1\" alt=\"\" class=\"wp-image-6802\" style=\"width:500px;height:500px\" srcset=\"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?w=1000&amp;ssl=1 1000w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?resize=300%2C300&amp;ssl=1 300w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?resize=768%2C768&amp;ssl=1 768w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?resize=800%2C800&amp;ssl=1 800w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?resize=400%2C400&amp;ssl=1 400w, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/ACT-rating.png?resize=200%2C200&amp;ssl=1 200w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Japanese companies performed relatively well. Overall, where companies have declared emission reduction targets, they are specific and in line with scientific requirements. However, Japanese companies consistently lost points due to gaps in their emissions reporting and declared ethical business practice initiatives. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Only Mitsui Fudosan has declared specific actions they will take toward achieving a greener building sector, resulting in a positive trend score. Given Mitsui Fudosan\u2019s positive trend score and close performance and narrative scores, we can expect them to surpass Mitsubishi Estate in the next assessment. However, Mitsubishi Estate can keep its lead by developing and implementing clear plans for how it will achieve its SBTi-aligned decarbonization goals. Having goals is an important first step, but a well-thought-out business transformation is required to achieve those goals and ensure the achievement is in line with the set timeline.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sumitomo Realty &amp; Development has a larger gap to cover but can easily make improvements through the clear declaration of mid- and long-term goals similar to their already declared short-term target. The specific actions required to achieve those goals can be considered from there.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-neve-link-color-color has-text-color\">Recommendations from the WBA to all companies in the building sector&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Upon analyzing the global benchmark results, the WBA identified four key recommendations to companies across the buildings sector. These recommendations apply universally and give direction to companies looking to improve their standing. Japanese companies must also improve along these lines to retain their rankings.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-left\">Better disclosure&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Most companies still lack a complete report of their emissions, particularly in-use emissions, which represent 75% of the sectoral emissions. In-use emissions span the lifetime of a building and make up the majority of its scope 3 emissions. This would therefore require more engagement with a company\u2019s value chain. WBA recommends that to deliver a proper assessment of companies\u2019 in-use emissions, companies &#8220;should aim to disclose what proportion of low-carbon floor area they currently deliver and that they plan to deliver in the future.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Detailed transition planning<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To carry out a low-carbon transition, all companies must deliver a more detailed transition plan that includes financial and short, medium, and long-term emission reduction commitments that are SBTi-aligned and realistic. These plans should be specific and time-bound with clear actions to take, how those actions contribute to the declared commitments, and when these actions will be taken by. &nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Engagement with value chain&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As mentioned above, a large share of the building sector emissions is from in-use emissions. In-use emissions source from indirect scope 3 emissions influenced by the goods and services a company purchases. While it is a complex issue, businesses must begin engaging more with their supply and value chains, building comprehensive strategies to achieve a low-carbon transition. &nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Detailed \u201cjust&#8221; transition strategy&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">All companies in this benchmarking assessment failed to provide \u201cjust transition planning, &#8221; indicating their lack of commitment to social impacts. Companies must begin to implement and declare more ethical and inclusive business practices that respond to their employees, the workforce within their supply chain, and other stakeholders or communities affected in their value chain.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">More information&nbsp;&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a rel=\"noreferrer noopener\" href=\"https:\/\/www.worldbenchmarkingalliance.org\/publication\/buildings\/\" target=\"_blank\">World Benchmark Alliance 2023 Buildings Sector Benchmark<\/a> (English)&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/actinitiative.org\/act-methodologies\/\" target=\"_blank\" rel=\"noreferrer noopener\">ACT Methodology<\/a>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-group alignfull has-primary-background-color has-background is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-550f5ff4 wp-block-group-is-layout-flex\" style=\"margin-top:30px;margin-bottom:30px;background-image:url(&apos;https:\/\/codo.jp\/wp-content\/uploads\/2024\/08\/mic.png&apos;);background-position:38% 44%;background-size:cover;\">\n<p class=\"has-foreground-color has-text-color has-link-color wp-elements-11938bd68f3f11a23d1a855cade475c1 wp-block-paragraph\" style=\"font-size:42px;font-style:normal;font-weight:700\">Which topic should we cover next? Let us know!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-foreground-background-color has-background wp-element-button\" href=\"https:\/\/forms.office.com\/r\/JjFmDk3Rix\"><strong>Answer this short survey!<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-foreground-background-color has-background is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-7fa08b5e wp-block-group-is-layout-flex\">\n<p class=\"has-text-align-center has-background-color has-text-color has-link-color has-large-font-size wp-elements-1d32039671c2371b34283dfe99b804d9 wp-block-paragraph\">Are you looking for support in your sustainability journey?<br>Get in touch! <\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-container-core-buttons-is-layout-26a9101a wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/codo.jp\/en\/our-services-2\/\"><strong>Our services<\/strong><\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/codo.jp\/en\/contact-us-en\/\"><strong>Contact us<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the World Benchmarking Alliance\u2019s fifth Climate and Energy Benchmark, the 50 most influential building companies worldwide were assessed by their low-carbon transition strategies. The findings were consolidated into an [&hellip;]<\/p>\n","protected":false},"author":215924084,"featured_media":9604,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[1542],"tags":[],"class_list":["post-9484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-codos-insights"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/WBA-buildings-1.png?fit=1200%2C800&ssl=1","jetpack_likes_enabled":false,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/peFE9T-2sY","jetpack-related-posts":[{"id":6799,"url":"https:\/\/codo.jp\/en\/climate-plans-in-the-transport-industry-how-do-japanese-firms-perform\/","url_meta":{"origin":9484,"position":0},"title":"Climate plans in the transport industry: how do Japanese firms perform?\u00a0","author":"morganecodo","date":"2023-01-24","format":false,"excerpt":"At the end of 2022, the World Benchmarking Alliance published the first edition of their climate and energy benchmark for the transport sector. This benchmark measures and compares the world\u2019s 90 most influential transport companies (public transport, railways, airlines, shipping) on their low-carbon transition strategies. Let\u2019s have a look at\u2026","rel":"","context":"In &quot;Codo&#039;s Insights&quot;","block_context":{"text":"Codo&#039;s Insights","link":"https:\/\/codo.jp\/en\/category\/codos-insights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/WBA-transport-.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/WBA-transport-.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/WBA-transport-.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/WBA-transport-.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/01\/WBA-transport-.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12685,"url":"https:\/\/codo.jp\/en\/climate-plans-in-the-heavy-industries-sector-how-did-japanese-firms-perform-in-2024\/","url_meta":{"origin":9484,"position":1},"title":"Climate plans in the heavy industries sector: how did Japanese firms perform in 2024?","author":"morganecodo","date":"2024-05-22","format":false,"excerpt":"In the World Benchmarking Alliance\u2019s first Heavy Industries Benchmark, the 91 most influential aluminium, cement and steel companies worldwide were assessed on their alignment to a low carbon world. The findings were consolidated into an insights report published in April 2024. In this blog post, we summarize the main findings\u2026","rel":"","context":"In &quot;Codo&#039;s Insights&quot;","block_context":{"text":"Codo&#039;s Insights","link":"https:\/\/codo.jp\/en\/category\/codos-insights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/3.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/3.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/3.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/3.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2023\/05\/3.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14319,"url":"https:\/\/codo.jp\/en\/2024-wba-urban-benchmark-en\/","url_meta":{"origin":9484,"position":2},"title":"The WBA Urban Benchmark: Are Japanese Companies Meeting the Urban Sustainability Challenge?","author":"morganecodo","date":"2024-12-19","format":false,"excerpt":"In the World Benchmarking Alliance\u2019s first Urban Benchmark published in October 2024, 300 of the most influential companies were assessed on how they address urban needs. Codo summarizes the key findings of the benchmark and analyzes how Japanese companies performed in this assessment. What are WBA climate benchmarks?\u00a0Corporate sustainability measures\u2026","rel":"","context":"In &quot;Codo&#039;s Insights&quot;","block_context":{"text":"Codo&#039;s Insights","link":"https:\/\/codo.jp\/en\/category\/codos-insights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2024\/04\/scramble-crossing.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2024\/04\/scramble-crossing.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2024\/04\/scramble-crossing.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2024\/04\/scramble-crossing.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2024\/04\/scramble-crossing.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6464,"url":"https:\/\/codo.jp\/en\/webinar-recap-are-japanese-companies-ready-for-the-low-carbon-transition\/","url_meta":{"origin":9484,"position":3},"title":"Webinar recap: &#8220;Are Japanese companies ready for the low-carbon transition?&#8221;","author":"morganecodo","date":"2022-12-15","format":false,"excerpt":"The World Benchmarking Alliance, Caux Round Table Japan and Codo Advisory organized on 13th December a webinar gathering a panel of 9 experts from leading international organizations and companies at the forefront of climate action in Asia. Just one month after the conclusion of COP27, talks focused on the place\u2026","rel":"","context":"In &quot;Events&quot;","block_context":{"text":"Events","link":"https:\/\/codo.jp\/en\/category\/events\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-3.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-3.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-3.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-3.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-3.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5913,"url":"https:\/\/codo.jp\/en\/event-webinar-are-japanese-companies-ready-for-the-low-carbon-transition-13-december-2022\/","url_meta":{"origin":9484,"position":4},"title":"Event | Webinar: Are Japanese companies ready for the low-carbon transition? | 13 December 2022","author":"morganecodo","date":"2022-10-27","format":false,"excerpt":"Get a glimpse at how companies around the world are establishing their low-carbon transition plans. What methods do their use to design their plans? How can their plans be assessed to make sure they are aligned with the Paris Agreement? How do Japanese companies perform in this global trend? Event\u2026","rel":"","context":"In &quot;Events&quot;","block_context":{"text":"Events","link":"https:\/\/codo.jp\/en\/category\/events\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-4.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-4.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-4.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-4.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/04\/Featured-image-with-logo-4.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5681,"url":"https:\/\/codo.jp\/en\/reference-ana-support-to-first-assessment-by-the-world-benchmarking-alliance\/","url_meta":{"origin":9484,"position":5},"title":"Client Experience | ANA Holdings: support to first assessment by the World Benchmarking Alliance","author":"morganecodo","date":"2022-10-20","format":false,"excerpt":"About ANA Holdings ANA Holdings is a corporate group led by All Nippon Airways\u00a0(ANA), Japan's largest airline company.\u200b It operates flights to more than 100 airports in 53\u00a0domestic and 48 international destinations,\u00a0employs 42,000 people, and owns a fleet of more than 300 aircrafts.\u00a0\u200bANA Holdings set in 2021 the goal of\u2026","rel":"","context":"In &quot;Client Experiences&quot;","block_context":{"text":"Client Experiences","link":"https:\/\/codo.jp\/en\/category\/references\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/10\/Reference-ANA.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/10\/Reference-ANA.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/10\/Reference-ANA.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/10\/Reference-ANA.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/codo.jp\/wp-content\/uploads\/2022\/10\/Reference-ANA.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/posts\/9484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/users\/215924084"}],"replies":[{"embeddable":true,"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/comments?post=9484"}],"version-history":[{"count":5,"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/posts\/9484\/revisions"}],"predecessor-version":[{"id":13387,"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/posts\/9484\/revisions\/13387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/media\/9604"}],"wp:attachment":[{"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/media?parent=9484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/categories?post=9484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/codo.jp\/en\/wp-json\/wp\/v2\/tags?post=9484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}