Proactive ESG Initiatives and Materiality Management
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 8 companies on the "Worse" side.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Under the “26 Medium-Term Plan,” the company positions sustainability as a key management issue equal in importance to safety and quality. To further accelerate and strengthen its initiatives under a company-wide structure, it established the Sustainability Promotion Office as an organization directly under the President effective 1 April 2026.」
The company strengthened its structure by changing from the former Sustainability Promotion Team to the Sustainability Promotion Office directly under the President effective 1 April 2026, and has advanced to company-wide processes for managing and reporting on key issues, climate change risks and opportunities, and progress toward targets. - 2026-05-29AdvancedGeneral Meetings of Shareholders
「We built the foundation for sustainability management through initiatives including operational efficiency improvements driven by DX, increased employee engagement and the acquisition of a “B-” rating from CDP.」
The company reports the results of its ESG and sustainability initiatives during the 23 Midterm Plan period. - FY2025AdvancedAnnual report
「In addition, under the “23 Medium-Term Plan,” the company began more active ESG initiatives and established a Sustainability Promotion Team within the Corporate Planning Department on 1 April 2024. The team is headed by the General Manager of the Corporate Planning Department and consists of members from the Corporate Planning Department (secretariat), General Affairs Department, Safety and Environmental Office, and Manufacturing and Procurement Management Department. It identifies and advances responses to key sustainability management issues, identifies climate change risks and opportunities, manages progress on sustainability targets, and reports and makes recommendations on sustainability-related matters to the Management Policy Meeting, the Board of Directors and the Risk Management Committee.」
The active ESG initiatives set out in the “23 Medium-Term Plan” were given concrete form through the establishment of the Sustainability Promotion Team on 1 April 2024 and the implementation of processes for managing and reporting on key issues, climate change and progress toward targets. - FY2023First statedAnnual report
「Under the “23 Medium-Term Plan,” the company also began more active ESG initiatives. In fiscal 2023, it identified “improving engagement among internal stakeholders” and “addressing climate change risks” as material issues. For the former, it will work to improve ease of working, including for partner companies, and for the latter, it will proceed with replacing company vehicles with hybrid vehicles and consider introducing renewable energy at factories and other facilities.」
In addition to its explanation of its social contribution through its traditional corrosion protection business, the company began active ESG initiatives under the “23 Medium-Term Plan” and identified 2 material issues.