Sustainability Risk Management under Board Oversight
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 32 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We have also established a Risk and Compliance Committee to ensure the planned and systematic implementation and oversight of Group risk management and compliance management. The committee is chaired by the executive officer responsible for risk management and compliance and comprises all executive officers, including the President and Representative Executive Officer, and the full-time Audit & Supervisory Board members. The committee meets regularly at least twice a year and conducts enterprise-wide risk management.」
The reporting, approval and oversight relationships among the sustainability promotion team, Management Committee, Risk and Compliance Committee, and Board of Directors were defined in greater detail, with the committee's operating framework calling for it to meet at least twice a year. - FY2025AdvancedAnnual report
「The Board of Directors receives reports as appropriate and exercises oversight over sustainability activity policies and the consideration and progress of initiatives compiled by the sustainability promotion team under the supervision of the planning division.」
The respective roles of the sustainability promotion team in policy and progress management and the Board of Directors in receiving reports and exercising oversight were defined in greater detail. A framework was also presented under which highly material risks are reported to the Board after approval by the Risk and Compliance Committee. - FY2023First statedAnnual report
「Our Board of Directors receives reports on and oversees important sustainability matters for the Group. Our Planning and Administration Department serves as the secretariat and coordinates the formulation of activity policies, consideration of initiatives, and progress management.」
For the first time, a sustainability framework combining Board oversight with policy formulation and progress management by the Planning and Administration Department was described.