Position:
Home
English Home
JP group Sustainability
Environment
Analysis and evaluation in accordance with the LEAP approach
Main text starts here.

Analysis and evaluation in accordance with the LEAP approach

In FY2024, Japan Post Holdings and Japan Post applied the LEAP approach on a trial basis in line with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) to analyze the dependencies and impacts of their main business activities on nature.
We applied the LEAP approach to our main business activities in the four segments of the postal and domestic logistics business, post office business, international logistics business, and real estate business. Analyses were conducted using ENCORE* for each segment with respect to upstream supply chain operations and our direct operations to first identify dependencies and impacts on nature and business alike, and then risks and opportunities were evaluated (as of April 2024).

*ENCORE:An analysis tool for nature-related risks developed by the Natural Capital Finance Alliance and others.

Major dependencies and impacts on nature identified

Considering the characteristics of the businesses based on Japan Post Group's nationwide network of post offices, Japan was identified as an important location, and analyses were conducted to determine the major dependencies and impacts on ecosystem services.

  • Dependencies: Various ecosystem services of forestry; water use related to manufacturing paper and delivery vehicles; surface water/groundwater related to manufacturing building materials; agricultural functions for infection prevention, pest control, soil quality, and pollination; fishery functions for habitat maintenance and mass flow maintenance; functions for climate regulation, etc.
  • Impacts: Waste generation/GHG emissions/air pollution related to the construction of post offices and manufacturing of delivery vehicles and work uniforms, water contamination/air pollution due to waste from post offices, etc.

Major risks opportunities and , Countermeasures

The following table provides a summary of risks and opportunities associated with the business activities of Japan Post Holdings and Japan Post, which were identified based on the analysis of dependencies and impacts on ecosystem services. Also, we have identified "paper, "plastics," and "metals" as material materials, in reference to the High Impact Commodity List provided by the SBTs for Nature* and based on numerical and other data for a range of items related to procurement and waste.

*SBTs for Nature, or Science Based Targets for Nature, refers to a framework for setting science-based targets related to nature.

Category Item Major Risks Major Opportunities Degree of qualitative business impact Period of materialization of qualitative business impact*
Biodiversity Procurement for stamps and postcards
  • Revenue decrease due to reduced use of postal services as a paper-based communication method, considering impacts on forest resources.
  • Reputation enhancement by disclosing that the paper for postcards and other postal products is procured from sustainably managed forests.
 Large Short to long term
Waste at post offices
  • Reputation decline due to excessive waste at post offices.
  • Reputation enhancement through strengthened proper waste disposal and recycling efforts.
  • Cost reduction through waste reduction.
 Large Short to long term
Post office construction
  • Increased compliance costs due to stricter regulations and standards on development to minimize ecological impacts.
  • Reputation enhancement through early response to rising concerns over natural capital and ecosystems, and to demand for eco-friendly buildings, by using environmentally friendly materials and constructing energy-efficient post offices.
 Middle Medium to long term
Product sales
  • Shortages of quality products for sale due to factors such as a decrease in agricultural and fishery production resulting from deteriorated ecosystems.
  • Reputation enhancement and creation of business opportunities through incorporating biodiversity into sales strategy and expanding the handling of environmentally friendly and ethical products.
 Middle Short to long term
Trade off Procurement of renewable energy
  • Reputation decline due to negative ecological impacts from land use by renewable energy suppliers.
  • Reputation enhancement through renewable energy procurement considerate of both decarbonization and natural capital.
 Small Long term

* Short term: up to about 1 year, medium term: up to about 3 years, and long term: 3 years or longer.

Major action policies include specific plans and activities to address issues listed below.

  • Reduction in the use of paper, plastic, and metal; waste reduction; promotion of recycling
  • Selling of merchandise that contributes to the restoration of the natural environment
  • Devising procurement and environment-related regulations and producing manuals
Main text ends here.
Back to Top
Sub menu starts here.
  • 郵便局の魅力を発信するメディア JP CAST List of articles about sustainability
Links of Japan Post Group starts here.
Links of Japan Post Group ends here.