Priority Issues (Materiality)
We improve corporate value through contributions working towards the realization of a sustainable society.
To achieve this, after accurately grasping social issues, we believe it is important to define priority issues (materiality) in each area of ESG (Environmental, Social, and Governance), and set medium- to long-term goals to work towards them.
The Process of Defining Priority Issues
We have identified eight priority issues. The CSR and Sustainability Committee confirms the progress and promotes initiatives.
|Item||Contribution to SDGs||Major Initiatives||Goals and Outputs
|Progress in FY2020|
|Environment||Responding to Climate Change||Reduction of CO2 emissions||CO2 Emissions: 30% Reduction [compared to that of 2018]||12% reduction
|Providing Environmentally Friendly Products||Dissemination and expansion of environmentally friendly products||Sales ratio of precious metal plugs: not less than 50%||41%|
|Sales ratio of wide range oxygen sensor: not less than 50%||37%|
|Society||Development of Technology, Products, and Businesses for Contributing to the Resolution of Social Issues||Development of fuel cells||CO2 dissemination of high-efficiency distributed power supplies with a view to use free hydrogen||Started mass production of SOFC cell stacks for commercial and industrial use|
|Development of unleaded piezoelectric materials||Alternative promotion from lead piezoelectric materials||Continue to introduce and propose lead piezoelectric materials|
|Development of sensing IoT business||Improve business efficiency through automation, optimization, and generalization||Water quality sensing system development has been completed and a showroom is being prepared for sales promotion|
|Global Human Resource Management||Promotion of employment of women, foreign nationals, and careers||Ratio of women, foreign nationals, and career recruits in managerial positions: 25%||14.5%|
|Examination of a New Personnel System||Improved results of employee satisfaction surveys||Satisfaction: 46% (response rate: 88%)|
|Governance||Corporate Governance||Increasing the ratio of female and foreign nationals to directors||Ratio of female directors and foreign nationals: not less than 30%||18% (2 out of 11)|
|Increasing the ratio of external directors||Ratio of external directors: not less than 1/3||36% (4 out of 11)|
|Risk Management||Management of serious incidents signs and prevention of their occurrence||Establishment of risk management system that contributes to management decision-making||Identify priority risks on the risk map and promote countermeasures|
|Compliance||Survey of employees' awareness and continuous education||Implementation of compliance questionnaires and disclosure of results||Compliance questionnaire will be conducted in FY2021|
|Information Security||Maintaining and strengthening incident response organizations and building preventive systems||Establishment of information security management system||Obtained TISAX certification|