Group-wide promotion and oversight of sustainability issues
First written in FY2023. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
- FY2024AdvancedAnnual report
「Once a year, the heads of each department at each operating subsidiary assess the status of risk management relating to sustainability issues and other matters. If risks identified as having a significant impact fall under the circumstances specified in the internal control manual, they review the relevant risk items and management methods before reporting them to the head of the Audit and Standards Management Office, who is responsible for risk management. The head of the Audit and Standards Management Office consolidates and assesses enterprise-wide risks and reports them to the Representative Director and President, who chairs the Group Management Meeting.」
In addition to the existing monthly Group Management Meetings, semiannual ISO Management Reviews and oversight by the Board of Directors, the Company established a specific risk management process comprising annual risk assessments, reviews of material risks, and the consolidation and assessment of enterprise-wide risks followed by reporting to the President. - FY2023First statedAnnual report
「The Group discusses and decides on policies for addressing sustainability issues and other matters at the Group Management Meeting, held monthly, in order to promote sustainability management throughout the Group. At the ISO Management Review held semiannually at each operating subsidiary, the policies for addressing environmental issues and other matters discussed and decided at the Group Management Meeting are shared, action plans for addressing environmental issues are developed, and progress is monitored. The Board of Directors receives reports on matters discussed and decided at the Group Management Meeting and oversees the Group's initiatives addressing sustainability issues.」
The Company disclosed for the first time its group-wide framework for promoting and monitoring sustainability initiatives, consisting of monthly Group Management Meetings, semiannual ISO Management Reviews and oversight by the Board of Directors.