Board Oversight of Sustainability Issues and Company-Wide Risk Management
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2025: 5 of 38 companies on the "Worse" side.
25 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The group incorporates sustainability-related risks into its enterprise risk management (ERM) framework, regularly identifies non-financial risks such as human rights issues and cybersecurity, and assesses their materiality.」
In addition to its existing sustainability oversight framework, the company specified the incorporation of sustainability risks into ERM, the regular identification and materiality assessment of non-financial risks, and monitoring by internal audit. - FY2025AdvancedAnnual report
「Specifically, the Board of Directors oversees basic sustainability policies and medium- to long-term plans, while the Management Strategy Meeting deliberates on and monitors progress against execution plans.」
In addition to oversight by the Board of Directors, the Compliance Committee and other bodies, the company specified the Management Strategy Meeting's role in deliberating on and monitoring execution plans, as well as the promotion framework led by the Accounting and Administration Department and the Human Resources and General Affairs Department. - FY2023First statedAnnual report
「The Board of Directors is responsible for overseeing the determination of basic policies and material issues related to sustainability. Risks reported by the relevant departments are deliberated and reviewed at meetings of the Compliance Committee and the Executive Officers' Meeting with respect to sustainability-related issues, and the details are reported to the Board of Directors, which then oversees these issues.」
The company disclosed for the first time in a systematic manner its governance and risk management framework for sustainability issues, under which the Compliance Committee and Executive Officers' Meeting deliberate on these issues and the Board of Directors provides oversight.