- Sustainability
- Material Issues of the ²ÝÝ®ÊÓƵ Group
Material Issues
of the ²ÝÝ®ÊÓƵ Group
The ²ÝÝ®ÊÓƵ Group will contribute to the realization of the sustainable society envisaged by the SDGs through the comprehensive and wide-ranging fields of business related to aluminum. As part of this process, in order to recognize the issues the ²ÝÝ®ÊÓƵ Group should address in particular and raise them as important management issues for the Group's sustainable growth and the creation of corporate value, our Board of Directors identified the material issues of the ²ÝÝ®ÊÓƵ Group.
We have set KPIs (target values) for each of the issues and are working towards achieving them based on concrete plans of action.
Steps to Identifying Material Issues
Identifying a Group of Candidate Material Issues
Ahead of identifying the material issues, we ascertained the extent of impact of the Group's activities, which cover a wide range of business fields. To ensure there were no omissions in our recognition of related social issues, we first determined the Group's value chain and its scope as a means of verification. Next, based on the requirements of international guidelines such as SASB, GRI, the SDGs and ISO 26000, we produced a list of around 400 wide-ranging social issues related to ESG. We assessed the importance of each issue based on an analysis of the impact on each stakeholder and the ²ÝÝ®ÊÓƵ Group, and finally narrowed the issues down to a shortlist of 31.
Assessing Importance
Working with the consolidated shortlist, we conducted another assessment of importance based on two aspects, the degree of importance to society, and the degree of importance in mid-to-long-term corporate value creation for the ²ÝÝ®ÊÓƵ Group, and finally identified the material issues.
Confirming Validity and Comprehensiveness
When assessing the importance of the items on the shortlist, we also had them evaluated by outside experts active in a variety of fields. We reconsidered and reviewed the items while referencing their opinions to confirm the validity and comprehensiveness of the choices.
Identifying the Material Issues
We reclassified the identified material issues into five material issue themes. After undergoing review by the CSR Committee and Group Executive Committee, the issues were approved by the Board of Directors.
- Protecting the global environment
- Providing sustainable value
- Happiness of employees
- Responsible procurement,
production and supply - Corporate ethics and governance
List of Material Issues
Material Issues
- Reducing greenhouse gas emissions from company activities (scope 1, 2)
- Reducing greenhouse gas emissions in the supply chain (scope 3)
- Action on climate change (TCFD)
- Responding to water stress
- Preventing environmental pollution
Major KPIs/Targets/Results/Assessments/Initiatives
Material Issues
- Efforts to expand the use of renewable energy
- Developing and providing low-carbon products and services
- Promoting a recycling-oriented economy and society
- Development and provision of robust infrastructure
- Contributing to the stable supply of food
- Shaping the future through innovation
Major KPIs/Targets/Results/Assessments/Initiatives
Improving the comprehensive capability of the Group as a whole to make suggestions to the automotive market
Promoting horizontal recycling by strengthening cooperation with external parties
Material Issues
- Occupational health and safety
- Developing a fulfilling workplace
- Diversity & inclusion
- Securing and cultivating human resources
Major KPIs/Targets/Results/Assessments/Initiatives
FY2030: 100% (Japan)
Promoting the acquisition of Kurumin Mark certification within the Group
FY2030: 10% or above (consolidated)
Managerial: 100% of newly appointed managers
Managerial: 100% (Japan)
production and supply
Material Issues
- Providing safe and secure products and services
- Protecting and respecting human rights
- Developing a stable supply chain
- A resilient value chain that is flexible to changes
Major KPIs/Targets/Results/Assessments/Initiatives
Promoting activities to enable on-site workers to voice their opinions and promote internal policing.
Material Issues
- Strengthening governance
- Reinforcing the compliance framework
Major KPIs/Targets/Results/Assessments/Initiatives
Number of times an opportunity to inspect business locations, etc. was provided to Outside Officers
At least two times a year
3
Providing Outside Officers with opportunities to inspect business locations, etc.
*1 The targets are FY2030 targets unless otherwise noted.
¡¡¡¡*2 Suppliers constituting 80% of the Group's total purchases by amount