Management Reform in Response to COVID-19 and a Deeper Focus on ESG
First written in FY2021-Q3. 2 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Fiscal 2023–2025 is positioned as a period in which the Tokyo Gas Group will transform its own business model in pursuit of sustainable social development and greater value for customers through solutions and business lines extending beyond the traditional energy framework. We are implementing 3 key strategies centered on green transformation (GX), digital transformation (DX) and customer communication transformation (CX).」
The transformation policy in response to COVID-19 has been carried forward into the implementation of a medium-term management plan covering GX, DX and CX, human capital management and the strengthening of the financial base. - FY2023AdvancedAnnual report
「Fiscal 2023–2025 is positioned as a period in which the Tokyo Gas Group will transform its own business model in pursuit of sustainable social development and greater value for customers through solutions and business lines extending beyond the traditional energy framework. We will implement 3 key strategies centered on green transformation (GX), digital transformation (DX) and customer communication transformation (CX).」
The direction of management reforms in response to COVID-19 has moved into the implementation phase through GX, DX and CX initiatives and business portfolio reform under the new medium-term management plan. - FY2022AdvancedAnnual report
「The company will steadily implement the measures set out in the 2020-2022 Group Medium-Term Management Plan, Compass Action, formulated to realize the group management vision Compass2030, as well as management reforms at Tokyo Gas Group in response to COVID-19.」
Under its reform policy in response to COVID-19, the company has moved the measures in Compass Action and the transition to a holding company-based group structure into the implementation phase. - FY2021-Q3First statedAnnual report
「The group believes that it must make a greater contribution to decarbonization and the resolution of social issues and achieve growth as a group even in an uncertain environment. It will continue to place stable energy supply and safety at the center of its operations while further deepening management with a stronger focus on ESG. Specifically, it will pursue 3 initiatives: (E) accelerating CO2 net zero, (S) resolving social issues through value co-creation, and (G) reforming the group formation.」
As management reforms in response to COVID-19, the company stated that it would pursue decarbonization, the resolution of social issues and growth in an uncertain environment, and begin concrete initiatives in the 3 areas of E, S and G.