President Chain Store Corp

In addition to managing aforementioned internal climate change issues, we also promote climate sustainability by complying with changes in laws and regulations of the government. We provide advice when the government consults us on climate sustainability. In addition, we participate in relevant public associations to promote climate sustainability initiatives and actions. If there is any inconsistency between the public associations' climate sustainability objectives and the goals of the Paris Agreement, we will communicate with the public associations within half a year as well as keeping an eye on whether the objectives have been adjusted. If the communication fails, the Company will terminate its participation in the public association. [...] President Chain Store Corporation is committed to managing the risks of the climate change transition and that all climate lobbying activities should be consistent with the Paris Agreement and the goal of limiting global temperature rise to a maximum of 1.5⁰C compared with pre industrial levels. The scope of this commitment applies to President Chain Store Corporation and its subsidiaries, as well as to all areas in which it operates. [...] In order to ensure that direct and indirect climate change lobbying in each region is consistent with the goals of the Paris Agreement, the public policies implemented by industry associations and lobbying activities that we participate in are reviewed annually. If the policies involve climate change issues, the Company and its subsidiaries should determine whether the Paris Agreement has been violated. If it violates the aforementioned provisions, the Company will communicate the results with the relevant public policy planning units or industry associations within six months to decide whether to continue participating in the industry association (including withdrawing financial support suspension or termination of membership). [...] In addition, when participating in industry associations and lobbying activities, the Company abides by relevant laws and regulations, explains the reasons for participating in industry associations and lobbying activities, and follow the Company and its subsidiaries' internal evaluation procedures before reporting to the President or above for approval. The result of participating industry associations and lobbying activities is disclosed each year.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]To realize the green operations vision, the PCSC has established environmental, energy, and greenhouse gas polices as the core guidelines for environmental issues. The goal is to implement the environmental sustainability concepts in all aspects of the value chain. In 2021, the PCSC has declared 2021 as "the Starting Year of Sustainability† to expand plastic reduction, carbon reduction, and food waste reduction strategies and incorporate sustainability into its operating and business models. Consequently, green consumption can become normal in daily life. Considering the large number of stores and the increasingly restricting national regulations governing climate change, the PCSC actively negotiates and cooperates with external units to discover opportunities in climate changes and timely adjust weather strategies and goals of the organization. The PCSC ensures that the relevant strategies conform to national policy development and are aligned with the global low carbon transition.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes