Sustainability Management
In July 2022, the Sanyo Chemical Group established the Basic Sustainability Policy, under which we aim to achieve sustainable growth into the future by improving both economic and social value while collaborating with stakeholders based on our company mission that we have cherished since our founding.
At the core of the Group’s strategy are Sustainability Management and identifying material issues. We aim for sustainable growth by placing the following two business fields at the center of our strategy: the Environment (E) aimed at contributing to environmental issues such as carbon neutrality, and the Life (L) aimed at improving the quality of life (QOL).
Fatal accident in January 2022
A fatal accident occurred on the premises of the Nagoya Factory. We sincerely pray for the repose of the employee’s soul and extend our heartfelt sympathy to the family of the deceased. We would also like to deeply apologize for the aggravation and distress we have caused to all those concerned. In response to reports from the Accident Response Committee,* which examined the accident, we have established the Safety Promotion Department. For details of our initiatives, please refer to the “Occupational Safety and Health/Accident Prevention” section on pages 39 and 40 of this report. We are currently taking a variety of short-term and long-term measures. Although I often visit factories without prior notice, I feel that the Sanyo Chemical Group is now more conscious of safety. To prevent such an accident from happening again in the future, the management team and all employees will work together to implement recurrence prevention measures and to foster a culture of safety.
- The Accident Response Committee consists of a total of 13 members, including factory managers and the executive chairperson of the labor union, with the Executive Officer in charge of production serving as the chairperson and the Responsible Care Division General Manager serving as the execution manager. As of August 2022, the cause of the accident had been analyzed 15 times, and recommendations for permanent measures had been presented.
Formulation and background of our Human Rights Policy
As we promote management that adheres to our Basic Sustainability Policy, we are aware that various human rights issues are attracting worldwide attention. In order to ensure not only that we do not commit direct human rights violations, but also that we do not overlook indirect involvement, we formulated and disclosed the Human Rights Policy in March 2023.
Our response to climate change
In December 2021, we officially supported the recommendations by the Task Force on Climate-related Financial Disclosures (TCFD).
Assessing the risks and opportunities that climate change may pose to the Group, we are proceeding with initiatives based on our scenario analysis.
Regarding the reduction of CO2 emissions, we have set a long-term goal of achieving net zero emissions by FY2050 in Scope 1 and Scope 2, while aiming to reduce CO2 emissions by 50% by FY2030 compared to FY2013. To achieve our goal, regardless of the size of their effects, we have identified as many measures as possible to reduce CO2 emissions. In FY2022, we compiled a roadmap that provides approaches on how to implement such measures, and announced it as part of the New Medium-Term Management Plan 2025. For more details, please see the “Initiatives for climate change and the TCFD recommendations” page on this website.
Initiatives for Diversity, Equity, and Inclusion (DEI) and Health and Productivity Management
We aim to be a company where all employees can work comfortably with peace of mind while valuing their individuality. To this end, to ensure that all employees can play active roles, we promote diversity, equity, and inclusion (DEI) initiatives aimed at reforming workstyle, diversifying human resources, and creating a work environment where all human rights and diverse values are respected and accepted.
In order for individual employees to perform at a high level, it is essential that they be physically and mentally healthy. We believe that when employees work under good physical and mental condition, they and their families will be happy, thereby leading the growth of the company. Based on this belief, we promote initiatives for Health and Productivity Management.
In Japan, where the birthrate is declining and the population is aging, we strongly believe that these initiatives for DEI and Health and Productivity Management are essential for us to aim for sustainable growth into the future.
Aiming for sustainable growth
This time, we will use this website to introduce in detail to our stakeholders our efforts in the areas of environment (E), society (S), and governance (G) for the sustainable growth of the Group.
Based on our company mission, “Establish a better society through our corporate activities,” we aim to achieve sustainable growth into the future. We ask for the continued understanding and support of everyone involved.
September, 2023
Representative Director, President, and CEO
