Risk of Delayed ESG-Focused CSR Initiatives
First written in FY2018. 3 of 5 entries say "Reframed", first in FY2020. Latest entry: FY2022.
J.Front Retailing moved to the "Worse" side of this theme in 2019.
1 other company's latest entry also says "Reframed".
- FY2022ReframedAnnual report
「Our group’s sustainability management has entered a phase of pursuing CSV by exploring its value creation story, namely, “How can we achieve economic and social value while solving social issues at the same time?”」
The company reframed the risk of delays in addressing ESG issues as a challenge of linking sustainability management to corporate transformation, CSV, and new business opportunities. - FY2021ReframedAnnual report
「The goal of our group’s sustainability management is to achieve “Well-Being Life (a life enriched both physically and mentally).”」
The company reframed the risk of delays in addressing ESG issues as a challenge in transforming management by placing sustainability at its core and setting Well-Being Life as the goal. - FY2020ReframedAnnual report
「ESG is expected to have a very significant medium- to long-term impact on our group’s corporate value, reputation, and financing.」
The company organized the risk of delays in addressing ESG issues within a framework encompassing both significant medium- to long-term risks and opportunities affecting corporate value, reputation, and financing, rather than simply as a threat from delayed action. - FY2019WorsenedAnnual report
「The importance of ESG initiatives is certain to increase further, making it essential to address the three issues of the environment, society, and governance. Risks could materialize over the long term, including both urgent risks requiring immediate action and risks requiring initiatives to begin now in preparation for the future.」
The company organized the risk of delays in addressing ESG issues as encompassing both urgent and long-term challenges, and strengthened its description to state that action is essential. - FY2018First statedAnnual report
「The importance of CSR initiatives from an ESG perspective as a key component of corporate value is certain to increase further, making it essential to address the three issues of the environment, society, and governance. In particular, addressing environmental issues is an unavoidable challenge for companies, and any delay in advancing such initiatives across the group would pose a significant threat.」
In line with the restructuring of its CSR policy around ESG, the company identified delays in addressing ESG issues themselves as a risk affecting corporate value for the first time.