Materiality
We have identified materialities in terms of both ‘impact on social sustainability’ and ‘impact on the Group's business’, with the aim of achieving a sustainable society and increasing corporate value.
①Maximize the value of human capital
②Achieve QCDS that goes beyond customer expectations
③Take on the challenge of developing new technologies and new skills that coordinate
with changes in
the environment
④Contribute to creating a sustainable society through corporate activities
⑤Establishment of
a management foundation in harmony with the times
Materiality identification process
To achieve sustainability and increase corporate value, the company has identified materialities through the following process, led by the Sustainability Committee.
The Sustainability Committee is chaired by the President and CEO and its members consist of executive directors.
| STEP1 |
In addition to issues in the Group's business strategy, sustainability issues were comprehensively identified through case studies of other companies, mainly value chain companies, and by referring to international frameworks such as CSRD, GRI and SASB standards, and seeking opinions from experts.
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| STEP2 |
The issues identified are assessed by the Sustainability Committee and others in terms of both ‘impact on social sustainability’ and ‘impact on the sustainable growth of the Group’, and a materiality matrix is prepared. From these, issue items with particularly strong impact are selected.
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| STEP3 |
Discussion based on the materiality matrix from STEP 2, organised and integrated into five materialities based on the Group's business strategy.
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| STEP4 |
The materialities organised in STEP 3 were discussed and approved by the Board of Directors on 20 November 2023.
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