Reviewing a Management Decision-Making Process and Structure that Incorporate Sustainability
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2019: 1 of 10 companies on the "Worse" side.
70 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「At present, within an execution framework centered on the Representative Director and President, the corporate functions mainly handle planning and awareness-building, the entire company, including the business divisions, promotes business activities with sustainability in mind, and the Board of Directors monitors and oversees these activities.」
The policy of incorporating sustainability into management decisions, the execution framework centered on the president, planning and awareness-building by the corporate functions, and monitoring and oversight by the Board of Directors continue. The establishment of a dedicated role remains under consideration. - FY2023First statedAnnual report
「The Group believes that all management decisions should incorporate a process that takes sustainability into account. To implement this, we are considering establishing a role within the Group's corporate governance framework responsible for comprehensively considering, proposing and confirming sustainability initiatives. As of the end of the consolidated fiscal year under review, no department responsible for this role had been established. Accordingly, within an execution framework centered on the Representative Director and President, the corporate functions mainly handle planning and awareness-building, while the entire company, including the business divisions, promotes business activities with sustainability in mind, and the Board of Directors audits and oversees these activities.」
The Group newly stated that it would incorporate sustainability into all management decisions and consider establishing a role responsible for comprehensive consideration, proposals and confirmation. As of the fiscal year-end, no dedicated department had been established, and initiatives were being advanced through an execution framework centered on the president, with the Board of Directors auditing and overseeing them.