Sustainability Management System
In April 2021, we established the Sustainability Committee as an advisory body to the Board of Directors. The purpose of the committee is to implement group-wide sustainability initiatives by addressing social issues and environmental issues while also achieving the Group's sustainable growth.
The six-member committee (including one independent outside director) deliberates on the following matters as an advisory body to the Board of Directors and provides advice and recommendations to the Board.
Matters Deliberated
1. Formulation of basic policies, strategies, and action plans for promoting sustainability, and monitoring of progress toward those plans
2. Determination of materiality (material issues)
3. Setting of KPIs (key performance indicators) for materiality and monitoring of progress toward those KPIs
In fiscal year 2024, we held three Sustainability Committee meetings to discuss our group's policy and progress in a wide range of areas, including climate change measures, human rights, supplier surveys, and animal welfare.
In April 2022, we established the Sustainability Promotion Office, a specialized organization tasked with advancing sustainability initiatives in collaboration with business departments. Starting in April 2023, the Sustainability Promotion Office was placed under the Corporate Strategy Department, which is under the direct jurisdiction of the president, to further align sustainability efforts with the company's overall management strategy.
Furthermore, to connect the Sustainability Promotion Office with each business division and department, we have appointed Sustainability Promotion Committee members in each business division and relevant corporate departments to accelerate sustainability initiatives across the entire group.
