Group Materiality 2025-2030
Based on the management plan artience 2027/2030 "GROWTH" that started in FY2024 and the sustainability vision asv2050/2030 that has been in operation since FY2022, artience group has formulated an impact materiality that identifies the key issues that the Group's sustainability management should address in the period up to 2030. The formulation of this new Group materiality was carried out by the formulation team led by the Sustainability Committee Secretariat, and the opinions of internal and external stakeholders were collected and reflected through in-house workshops, interviews with external experts, and KPI interviews with the heads of related departments.
The Group's materiality consists of 15 themes (issue areas) that have been evaluated as having a significant impact on both social demands and initiatives for the Group's sustainable growth, and we have set actions (action items) for each theme, KPIs/target values to measure the progress of actions, and measures to be implemented (qualitative targets). In addition, these 15 issues are summarized in four pillars corresponding to ASV2050/2030.
The Group Materiality has been set as the starting year for FY2025, and FY2030 has been set as the target year, which is the same as the Management Plan and Sustainability Vision. The plan also includes revisions to coincide with the timing of the formulation of the next medium-term management plan.
The previous materiality "Five Material Issues (Group Materiality 2018-2023)" is introduced below.
- Provision of "value that resonates with the senses" through products and services
- Reducing the environmental impact of manufacturing
- 人的資本を重視する経営
- Formation of a management foundation that is trusted and continues to co-create value
1. Provision of "value that resonates with the senses" through products and services
This pillar summarizes the key issues related to "value proposition." In addition, it is linked to Pillar 1 of ASV2050/2030, "Provision of products and services that realize a sustainable society."
With the aim of making artience group 's Brand Promise" Create value that resonates with the senses, build a future where all people can live enriched lives" a reality, we have set the provision of "products and services" and "decarbonization," one of the values they bring to the value chain, as the top two issues of the Group's materiality.
Themes (Areas of Issue) | Actions (issue action items) |
---|---|
Products & Services | Focusing on strategic priority businesses, we will increase sales of products that contribute to sustainability. |
Decarbonization | Promote GHG emissions reduction and decarbonization throughout the value chain |
2. Reducing the environmental impact of manufacturing
This pillar summarizes important issues related to environmental impact. In addition, it is linked to Pillar 2 of ASV2050/2030, "Reducing the environmental impact of manufacturing."
In the chemical manufacturing industry, including artience group, the negative impact of business activities on the environment is greater than in other industries. Based on this fact, the Group has decided to take the lead in tackling various environmental issues, and has identified four issues that the Group's activities have assessed to have a significant impact: climate change, water management, waste/resource recycling, and pollution prevention/chemical substances.
Themes (Areas of Issue) | Actions (issue action items) |
---|---|
climate change | Reduce GHG emissions in all directions and contribute to the reduction of climate change. |
Water Management | Improve water use at production sites and contribute to the preservation of the natural environment and living environment. |
waste Resource Recycling |
Reduce waste at production sites and offices, and promote resource recycling in the value chain. |
Pollution Prevention Chemicals |
Thoroughly prevent pollution of air, water, and soil, and aim for production activities with zero environmental pollution. |
3. Management that emphasizes human capital
This pillar summarizes important issues related to people, such as human rights and human resources. It is also linked to the goals related to ASV2050/2030 in Pillar 3 "Building a Trusted Enterprise Foundation."
artience group Corporate Philosophy "People-oriented management" is at the root of our corporate stance, and in order to respect the wishes of not only our employees but also all people involved in the Group's corporate activities, we have identified four issues that we should address as a company: SCM, respect for human rights/DE&I, human capital, and occupational safety/health management.
Themes (Areas of Issue) | Actions (issue action items) |
---|---|
SCM | Building a supply chain that enables responsible sourcing of raw materials |
Respect for Human Rights DE&I |
Create a gender-free work environment where human rights and diversity are respected |
Human Capital | Through the development of human resources who support challenges, we will increase the career advancement and engagement of employees. |
Occupational Safety Health and Productivity Management |
Raise the level of occupational safety and employee health in the workplace and create a safe work environment |
4. Formation of a management foundation that is trusted and continues to co-create value
This pillar summarizes important issues related to "corporate management" and "corporate culture." It is also linked to the goals related to ASV2050/2030 in Pillar 3 "Building a Trusted Enterprise Foundation."
In order to solve various important social and environmental issues as explained in Pillars 1~3, sincere corporate management that is trusted by many stakeholders is a major premise. In order to achieve this, we have identified five governance issues: corporate governance/financial base, compliance/risk management/information security, product safety/quality assurance, DX promotion, and co-creation culture/community.
Themes (Areas of Issue) | Actions (issue action items) |
---|---|
Corporate Governance Financial Basis |
Promote management transparency and improve the soundness of our financial base. |
compliance Risk Information Security |
Continuously review compliance and risk management to improve the effectiveness of the system. |
Product Safety quality assurance |
Strengthen our product safety and quality assurance systems and enhance our trust as a manufacturing company. |
DX Promotion | Accelerate DX promotion, AI utilization, and digital transformation to improve adaptability to changes in the business environment and labor productivity. |
Co-Creation Culture community |
Through building partnerships and coexisting with local communities, we will foster a corporate culture that realizes value co-creation. |
Five Key Issues (Group Materiality 2018-2023)
The Group formulates material issues through repeated dialogues with stakeholders, and since fiscal 2018 has linked CSR activities with the Medium-Term Management Plan and has been promoting activities based on the material issues. In FY2023, we proceeded with initiatives in line with the "KPIs and Targets for SIC-II (FY2021~FY2023)," which is aligned with the medium-term management plan "SIC-II."
Materiality formulation process
Material Issue 1: Provide value that exceeds customer expectations and contribute to society
Aim for
We provide value that contributes to social innovation and problem solving through original products and services that exceed customer expectations. Through this, we gain the trust of a wide range of stakeholders and at the same time contribute to the creation of a sustainable society.
Action items
1. Creating a lifestyle culture in the direction of life, communication, and sustainability
2. Realizing customer peace of mind by providing safe products and services
3. Guaranteed overwhelmingly high quality
4. Achieving high customer satisfaction
Material Issue 2: Coexist with the environment through innovative technology
Aim for
Through innovative environmental technology, we have become a leading company in society in terms of both products and services. Furthermore, through initiatives across the entire business, from upstream to downstream, we are contributing greatly to harmonizing society and the environment and improving social sustainability.
Action items
5. Development and dissemination of innovative technologies, products, and services that reduce environmental impact
6. Efforts to solve and respond to climate change issues
7. Appropriate management of chemical substances
8. Steady promotion of environmental management
Material Issue 3: Aiming for coexistence and co-prosperity with the supply chain and living up to the trust of stakeholders
Aim for
By respecting the supply chain from an equal standpoint and encouraging each other, a solid relationship of trust is being built for coexistence and co-prosperity. Furthermore, based on these relationships, we continue to take on new challenges while cooperating with each other.
Action items
9. Coexistence and co-prosperity with the supply chain through collaboration
10. Respect for the human rights of all stakeholders
Material Issue 4 our employees and pursue happiness and job satisfaction
Aim for
We have established a culture in which the individuality and diversity of each employee is respected, and where employees independently pursue work satisfaction and self-actualization. In addition, the open and family-like work environment is the basis for creating innovation both domestically and internationally.
Action items
11. Thorough occupational safety and health and promotion of health management that lead to employee satisfaction
12. Promoting diversity to revitalize the organization
13. Developing human resources with global perspectives and abilities
Material Issue 5: Build a solid corporate foundation that supports trust
Aim for
Through practices such as compliance and communication, we have established a solid corporate foundation that supports stakeholder trust. Furthermore, this foundation has become a solid foundation for the company to continue to exist until its 200th anniversary while inheriting its history.
Action items
14. Thorough compliance
15. Eliminating corruption and corruption
16. Promote reliable risk management and disaster response
17. Timely, appropriate and proactive information disclosure and strengthening stakeholder communication
18. Contributing to local community development through business
19. Contributing to solving regional issues