Aeon Mall Co Ltd

When conducting transactions with AEON Group companies, such transactions comply with the provisions of our Rules for Managing Related-Party Transactions. Once a year, we report the rate of increase/decrease in annual transaction amounts with each affiliated business partners, and scrutinize the rationality and appropriateness of transactions. The Company established the Governance Committee as an advisory body to the board of directors. The committee consists solely of independent outside directors and deliberates on the fairness and reasonableness of transactions from the perspective of improving the corporate value of the Company. Such transactions include matters related to organizational restructuring and important transactions with the parent company and Aeon Group companies. Upon deliberation, the committee submits said agendas to the board of directors. Individuals with special interests in the transaction are excluded from the discussions at board of director meeting ensure the fairness of the procedures.

Deliberations by the ESG Promotion Committee and its subcommittees, the Risk Management Committee, and the Compliance Committee are reported to the board of directors. Additionally, climate-related issues are also incorporated into the annual board of directors' agenda. The board then makes further connections between climate-related issues and the business, and acts in a supervisory capacity to ensure that there are no errors. Every year, as part of our ISO environmental goals, we set company-wide energy-saving targets. Each mall plans, implements, and manages progress for energy-saving initiatives. If any of these business units fail to achieve these targets, it will examine corrective measures, and submits a report to environmental departments. Particularly important corrections are reported to the ESG Promotion Committee and Subcommittee or, for highly urgent matters, to the Management Council and the Board of Directors. [...] The ESG Promotion Committee calls internal officers to meet six times a year. The committee discusses climate change risks, while particularly important risks are managed and assessed by the Management Council and the board of directors.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]・イオングループでは、政策的エンゲージメントについては、原則ホールディングスであるイオン㈱本社 環境・社会貢献部 に事前に報告するルールとなっている。

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