In August 2021, we announced “Driving Our Future Challenge 2050,” our Long-Term Sustainability Policy outlining initiatives to be undertaken by 2050. Under this policy, we work to align our business operations from the perspective of not only enhancing our economic value but also our societal value so that we can constantly create new value. In these ways, we will help realize a sustainable society and remain a company deserving stakeholder trust.
To promote ESG management, we employ a two-layer structure consisting of the Sustainability Promotion Committee and meetings of personnel in charge of promoting sustainability.
The Sustainability Promotion Committee meets twice a year to strengthen governance over ESG management by conducting a management review. With the Director in charge of sustainability serving as the committee chair, officers in charge of each division are appointed as committee members.
In 2022, the committee was convened in February and July. Through these meetings, the committee examined reports on the status of ESG management being promoted across the Company, initiatives under our Long-Term Sustainability Policy (e.g., carbon neutrality, diversity & inclusion, governance) and sustainability-related activities being undertaken by 10 divisions in Japan and overseas. Upon the close of each meeting, conclusions reached by the committee were reported to the Board of Directors, while all employees were updated about the topics related to ESG.
Meetings of personnel in charge of promoting sustainability were launched in 2022 and have since been convened three times to ensure the robust sharing of sustainability-related information among all Group members and to promote ESG management.