SPARX Group

ESG Data

Environment

Category Unit FY2021 FY2022 FY2023
Greenhouse
gas ("GHG") emissions		 Scope 1 (direct emission) t-CO2e 6.13 6.13 5.30
Scope 2 (indirect emission) *1 t-CO2e 126.64 103.67 75.66
Scope 1・Scope 2 Total t-CO2e 132.77 109.80 80.96
Scope3
Category 1 (Purchased Goods and Services) t-CO2e 3.09 2.81 4.23
Category 2 (Capital Goods) t-CO2e 9.81 249.23 124.47
Category 5 (Waste Generated in Operations) t-CO2e 0.28 0.39 0.36
Category 6 (Business Travel) t-CO2e 136.52 576.47 822.59
Category 7 (Employee Commuting) t-CO2e 62.93 51.70 54.36

[Calculation period]Each period: from April 1st to March 31 in the following year
[Calculation scope]
Scope 1・Scope 2: 6 Tokyo-based Group companies*2, SPARX Asset Management Korea Co., Ltd.*3, SPARX Asia Investment Advisors Limited*3
Scope 3: 6 Tokyo-based group companies*3

[Calculation Methods]
Our Scope 3 calculation method and emission figures are based on the "Basic Guidelines on Accounting for Greenhouse Gas Emissions Throughout the Supply Chain Ver. 2.5" and "Emission Unit Value Database for Accounting of Greenhouse Gas Emissions by Organizations Throughout the Supply Chain Ver 3.3" from the Ministry of the Environment and the Ministry of Economy, Trade and Industry.

Category 1: Calculated by multiplying the cost of copy paper purchased by the six Tokyo-based Group companies by the emission unit values
Category 2: Calculated by multiplying the value of fixed assets acquired by the six Tokyo-based Group companies in the relevant fiscal year by the emission unit values
Category 5: Calculated by multiplying the waste generated by the six Tokyo-based Group companies by the emission unit values by waste type and disposal method
Category 6: Calculated based on the amount of domestic and international business travel by the six Tokyo-based Group companies (multiplied the cost for using airlines, rail, buses, and taxis by the emission unit values)
Category 7: Calculated from the yearly total of the monthly commuting expenses of employees of the six Tokyo-based Group companies at the end of the current fiscal year (multiplied the cost of using rail and buses by the emission unit values)

  • *1 Scope 2 is the results of the market-based method.
  • *2 Six Tokyo-based Group companies are as below:
    SPARX Group Co., Ltd.
    SPARX Asset Management Co., Ltd.
    SPARX Green Energy & Technology Co., Ltd.
    SPARX Asset Trust & Management Co., Ltd.
    SPARX Investment Co., Ltd. （former SPARX AI & Technologies Investment Co., Ltd.）
    SPARX Innovation for Future Co., Ltd. (completed its liquidation in November 27, 2024)
  • *3 We use the emissions coefficients for each country where the offices are located.
Unit FY2021 FY2022 FY2023
Waste emissions t 4.48 7.11 5.17

6 Tokyo-based group companies*

  • Six Tokyo-based Group companies are as below:
    SPARX Group Co., Ltd.
    SPARX Asset Management Co., Ltd.
    SPARX Green Energy & Technology Co., Ltd.
    SPARX Asset Trust & Management Co., Ltd.
    SPARX Investment Co., Ltd. （former SPARX AI & Technologies Investment Co., Ltd.）
    SPARX Innovation for Future Co., Ltd. (completed its liquidation in November 27, 2024)

Offering Funds that invest in renewable energy

SPARX Group has recognized that it is important for society to leave behind high-quality energy supply infrastructure for future neerations. We provide ivnestors with funds that contribute to the expansion of renewable energy sources such as solar, biomass, and wind power.

Unit FY2021 FY2022 FY2023
Renewable Energy
Investment Strategy		 Assets Under Management Billion Yen 243.8 259.1 280.1

Society

Employee

FY2022 FY2023
Number of Employees 173 186
Male 102 108
Female 71 78
Average Years of Service 42.9 43.4
Male 43.0 43.3
Female 42.8 43.5
Average Years of Service 8.0 years 8.0 years
Male 8.1 years 8.3 years
Female 7.9 years 7.7 years
Non-Japanese Employees 44 44
Ratio of Non-Japanese
Employees		 25.4% 23.6%
Ratio of Non-Japanese
Managers		 21.1% 20.5%
Ratio of Mid-Carees Hires 94.2% 94.2%
Ratio of Mid-Carees Hires
in Management Positions		 92.1% 97.4%
Gender Wage Gap 53.1% 53.4%
Ratio of Female Managers 23.7% 25.6%
Number of Employees
using the Childcare
Leave System		 3 4
Male 1 3
Female 2 1
  • (Scope) 6 Tokyo-based Group companies, SPARX Asset Management Korea Co., Ltd., SPARX Asia Investment Advisors Limited.
  • The figures for the number of employees using the childcare leave system represent the results of domestic group companies.
  • The number of eligible people noted in the number of employees using the childcare leave system refers to employees or their spouses who have given birth in the relevant fiscal year.
  • If a period of childcare leave spans two fiscal years, it is counted only in the fiscal year when the leave commenced.

Social Contribution Activities

FY2021 FY2022 FY2023
Expenses for social
contribution activities		 32 million yen 35 million yen 46 million yen
Of which, donations 9 million yen 4 million yen 9 million yen
  • (Scope) 6 Tokyo-based Group companies.

Human Resources Development

FY2024
Total annual training hours 2,918 hours
Average training hours per person 15.5 hours
  • （Scope）6 Tokyo-based Group companies, SPARX Asset Management Korea Co., Ltd., SPARX Asia Investment Advisors Limited are included.
  • The above "FY2024" is covering period from January 1, 2024 to December 31, 2024.

Qualification Incentive Program

We demand highly specialized knowledge and skills to promote our business.
We have introduced a system that provides incentives for obtaining public qualifications that are particularly relevant to our business. It is part of our support for employee motivation to grow by developing and improving their highly specialized skills.

Qualifications eligible for incentives

Qualifications
Securities Analyst First Series
Second Series
Book Keeping 2nd Class
CFP or FP 1st Class
CFA
(US Securities Analyst) 		First Series（First Series）
Second Series（Second Series）
Third Series（Third Series）
TOEIC over 900

Corporate Governance

　 FY2021 FY2022 FY2023
The Board of Directors Numbers of Directors 6 8 7
Of which, outside directors 3 4 5
Of which, female directors 0 1 2
Chairperson President & Representative Director President & Representative Director Outside director
Number of Meetings Held 17 meetings 17 meetings 17 meetings
Average Attendance Rate 100% 100% 99%
Audit and
Supervisory Committee		 Numbers of members 3 4 5
Of which, outside directors 3 4 5
Chairperson Outside director Outside director Outside director
Number of Meetings Held 17 meetings 17 meetings 17 meetings
Average Attendance Rate 100% 100% 99%
Nomination and
Compensation
Committee		 Numbers of members 4 5 6
Of which, outside directors 3 4 5
Chairperson President & Representative Director President & Representative Director Outside director
Number of Meetings Held 4 meetings 6 meetings 4 meetings
Average Attendance Rate 100% 90% 96%
  • (Scope)SPARX Group Co., Ltd.
  • The number of memebers of the Board of Directors, Audit and Supervisory Committee, and Nomination and Compensation Committee is as of the end of each fiscal year
  • The number of meetings of the Board of Directors, the Audit and Supervisory Committee, and Nomination and Compensation Committee and the average attendance rate are figures for each fiscal period.

Compliance

FY2020 FY2021 FY2022 FY2023 FY2024
Incident reports 15 17 10 13 9
Whistleblower reports 0 0 0 0 0
  • (Scope) 6 Tokyo-based Group companies, SPARX Asset Management Korea Co., Ltd., SPARX Asia Investment Advisors Limited
  • Through Q3 FY2024