1.Seven Materialities and Objectives
We established two new KPIs from FY2024: “frozen food sales” and “engagement score.”
The “frozen food sales” KPI is an indicator that measures the progress of initiatives that contribute to product development that addresses diverse lifestyles such as meals for convenience and for individual.
The “engagement score” KPI measures the progress of initiatives that contribute to improving employee job satisfaction.
Since FY2024, we have incorporated improvements in the engagement score into compensation for directors and officers, and we will work to raise this score across the Company.
*1 Each environmental data has been carefully reviewed and updated to the latest version.
*2 After reviewing the materiality initiatives, "Safe and reliable supply of food" has been redefined as "Pursuit of uncompromising flavor and high quality" (KPI for the number of sites certified by a third party for food safety has been also transferred).
2.KPI Progress
We have set KPIs (Targets) for FY2022 and are working on materiality initiatives.
*We carefully examine each environmental data and update it to the latest version.
3.Materiality identification process
①Formulating "Basic Policy on Sustainability"
Formulated in consideration of advice from outside experts and social demands.
② Extracting social issues
Extracted items based on business strategies such as "ISO26000," "GRI Guidelines," and "Mid-term Management Plan 2023."
③ Evaluating significance
Created a matrix mapping of various social issues from the perspective of their importance to stakeholders and our group.
④ Extraction of initiative items
Categorized the priority areas of materiality based on the mapping.
We have extracted specific initiatives in view of their impact on business sustainability.
⑤ Dialogue with experts
Exchanged opinions and held discussions with experts and external stakeholders.
⑥ Meeting of the Board of Directors
Disclosed after resolution by the Board of Directors.