Sustainability

SDGs Initiatives and Materiality

These “7 Materialities” consist of 5 key tasks related to our business activities, in addition to 2 key tasks related to our management base, which supports our business.
On the basis of these materialities, we carry out our “Breakdown of Business Strategy” and “KPI Settings”, as well as the “Initiatives” detailed below.
In addition, we have included the relevant SDGs to each Materiality.

Key Tasks

ESG

Materiality

Initiatives

Relevant SDGs

Business Activities

E(Environment)

1. Improving Productivity and Creating New Value through Technological Innovation

  • Launch new products and new technologies using our proprietary formulae and process technologies, in order to provide the materials, parts and equipment required for our customers and society to expand use of 5G and DX (digital transformation).
  • Provide solutions and development of added-value products that contribute to reducing the environmental impact, saving energy, and saving materials of our customers and society, by promoting innovation through materials development.
  • Make full use of our total technological strengths, reinforce our research development system to achieve collaborative innovation, and create, protect and utilize our intellectual property, including the technology we have cultivated since our inception, and new technology we produce.
  • 7.AFFORDABLE AND CLEAN ENERGY
  • 9.INDUSTRY, INNOVATION AND INFRASTRUCTURE
  • 13.CLIMATE ACTION

2. Achieving Reduction of our Environmental Impact

  • Continue to transform our business portfolio, and through gradual and relative contraction of energy-intensive business operations, reduce CO2 emissions, waste materials, and wastewater volume from the company.
  • Strengthen our environmentally-conscious manufacturing system by improving facilities and production efficiency.
  • Promote efficient use of materials and use of renewable energy.
  • Reduce environmental impact across the supply chain through efficient use of company-owned forests, selection of low environmental impact material in the manufacturing and development process, and improved load efficiency, etc.
  • 6.CLEAN WATER AND SANITATION
  • 7.AFFORDABLE AND CLEAN ENERGY
  • 12.RESPONSIBLE CONSUMPTION & PRODUCTION
  • 13.CLIMATE ACTION

S(Social)

3. Providing Safe and Reliable Products

  • Toughen our supply chain to withstand increasing uncertainty and complexity (optimize our production system, pluralize our suppliers, investigate alternative raw materials, promote DX, etc.).
  • Conduct procurement with consideration for human rights and raw material origin.
  • Disaster (earthquake, fire, flood, noise pollution) countermeasures.
  • Counteract geopolitical risk.
  • Counteract other business risks.
  • 3.GOOD HEALTH AND WELL-BEING
  • 11.SUSTAINABLE CITIES AND COMMUNITIES
  • 12.RESPONSIBLE CONSUMPTION & PRODUCTION

4. Strengthening Our Partnerships

  • Create and promote innovation through coordination with our partner companies.
  • Utilize our alliances (strengthen R&D, technical cooperation, expand sales channels, etc.).
  • Contribute to local communities and industrial development through our business.
  • 9.INDUSTRY, INNOVATION AND INFRASTRUCTURE
  • 13.CLIMATE ACTION
  • 17.PARTNERSHIPS FOR THE GOALS

5. Raising Management Efficiency through Structural Reform

  • Improve production efficiency in pre-existing fields through structural reform.
  • Improve operational efficiency through DX.
  • 8.DECENT WORK AND ECONOMIC GROWTH
  • 9.INDUSTRY, INNOVATION AND INFRASTRUCTURE
Management Base

6. Strengthening Human Capital, Diversity and Inclusion

  • Provide a workplace environment where everyone can work with ease and job satisfaction.
  • Improve occupational safety and hygiene, and promote health management.
  • Achieve the utilization of diverse human talent.
  • Strengthen human capital, and achieve talent training that promotes personal growth.
  • 3.GOOD HEALTH AND WELL-BEING
  • 5.GENDER EQUALITY
  • 8.DECENT WORK AND ECONOMIC GROWTH
  • 16.PEACE, JUSTICE AND STRONG INSTITUTIONS

G(Governance)

7. Strengthening Corporate Governance and Compliance

  • Strengthen corporate governance in our Group base.
  • Strengthen our global compliance.
  • Strengthen dialog with stakeholders, and reflect such dialog in management practices.
  • Strengthen our stable financial base.
  • 16.PEACE, JUSTICE AND STRONG INSTITUTIONS
  • 17.PARTNERSHIPS FOR THE GOALS
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