Managing Materiality Through the Sustainability Committee
First written in FY2024. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Based on the sustainability policy, we have identified material issues and the Sustainability Committee identifies and assesses related risks and opportunities.」
In addition to policy and strategy formulation and monitoring 4 times a year by the Sustainability Committee, the management functions were made more specific to include risk and opportunity assessments for material issues, reporting to the Management Committee and the Board of Directors, and climate change assessments based on the TCFD recommendations. - FY2024First statedAnnual report
「We established a Sustainability Committee as an advisory body to the corporate officer responsible for corporate functions, including accounting and governance. The committee formulates policies and strategies for promoting sustainability activities and monitors progress. It meets 4 times a year, once each quarter, and additionally as necessary. By reporting its activities to the Representative Executive Officer and the Board of Directors, it ensures governance over sustainability initiatives throughout the year.」
The company disclosed for the first time its sustainability framework, including the establishment of a Sustainability Committee, meetings 4 times a year, policy and strategy formulation, progress monitoring, and reporting to the Board of Directors.