Sustainability Governance

● Sustainability Governance

Thr Group recognizes addressing sustainability issues as one of our key management priorities. As an advisory body to management, the Sustainability Committee deliberates on and monitors policies for addressing risks and opportunities from a long-term perspective, as well as sustainability policies, issues, and measures, thereby driving the Group’s sustainability strategy. Committee members are appointed from among heads of corporate divisions and functional department heads; when necessary, heads of each business division also participate, thereby establishing a framework that enables each organization to swiftly implement sustainability measures. The Management Committee discusses company-wide sustainability policies and initiatives and receives regular reports on the status of responses to sustainability issues deliberated by the Sustainability Committee. The Board of Directors continuously oversees the effectiveness and appropriateness of initiatives regarding key issues identified based on the sustainability policies submitted by the Management Committee, and approves basic sustainability policies and management strategies.

 

● Sustainability Committee

Year

Number of meetings

Main topics deliberated

 FY 2021
 7

・Sustainability Policy, key issues

・Consideration of GHG emissions reduction targets

・Action plan for key issues

・Disclosure in line with TCFD recommendations

・ESG due diligence checks

Study meeting regarding sustainability etc.

 FY 2022 7

・Quantitative data monitoring of Scope1 and 2

・Investigation of measures and roadmap for GHG emission reduction targets for fiscal 2030

・Responding to disclosures in securities reports

・ Related to TCFD recommendations

Study meeting regarding sustainability etc.
 FY 2023 6

・Quantitative data monitoring of Scope1 and 2

・Consideration of human capital and diversity

・Investigation of measures and roadmap for GHG emission reduction targets for fiscal 2030

Review of action plans for key sustainability issues

・Consideration of disclosure updates in line with TCFD recommendations

・Formulation of additional individual policies related to sustainability

Study meeting regarding sustainability etc.
FY 2024 3
・Disclosure of Sustainability-related information in securities reports
・Responding to climate change
・Review of action plans for key sustainability issues
・ISO 14001 environmental management review
・Revision of the Environmental Policy etc.
FY 2025 4
・Disclosure of Sustainability-related information in securities reports
・Responding to climate change
・Review of action plans for key sustainability issues
・ISO 14001 environmental management review
・Progress on Non-Financial KPIs in the Mid-Term Business Plan and Establishment of New KPIs etc.