Incorporating Sustainability into the Board of Directors’ Oversight and Deliberations
First written in FY2023. 1 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2022: 2 of 10 companies on the "Worse" side.
75 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Within these frameworks, we identify, assess, monitor and control risks and opportunities related to sustainability associated with our corporate activities, thereby carrying out governance and risk management.」
We have reaffirmed our policy of identifying, assessing, monitoring and managing sustainability-related risks and opportunities through governance and risk management structures, including the Board of Directors. - FY2024AdvancedAnnual report
「The Board of Directors exercises controls, including monitoring and management, over sustainability-related risks and opportunities within the corporate governance framework.」
The company moved from the stage of treating sustainability as a Board of Directors’ skills item to the operational stage, in which the Board monitors and manages related risks and opportunities. - FY2023First statedAnnual report
「Going forward, the Board of Directors will advance discussions on sustainability-related issues, including assessing their materiality, led by Representative Director, Chairman and CEO Iijima Hideyuki (飯島秀幸), who has these skills, and newly appointed outside director Kotake Yuki (小竹由紀).」
The company added sustainability to the Board of Directors’ skills matrix and, for the first time, explicitly presented a framework for the Board to deliberate on sustainability, including assessing its materiality.