Sustainability Management Approach & Promotion System
Sustainability Management Concept and Promotion System
In order to realize a sustainable society, we have set out a basic approach to sustainability management. We implement initiatives based on this approach, and our management team regularly monitors them, building a promotion system for continuous improvement.
Basic approach
We want to enrich our customers’ lives and lifestyles (LIFE) by providing delicious “FOOD” with many “PEOPLE (COMPANIES).” To achieve this, we will solve social issues and realize corporate growth.
Promotion system
The Board of Directors recognizes that sustainability initiatives, including climate change issues, are one of the most important management issues and supervises them. Specifically, when formulating management strategies and plans, the Board of Directors deliberates on sustainability related to risks and opportunities, including climate change issues, and receives reports from each group company and implements supervision.
In addition, to clearly position sustainability as a group-wide management issue and promote sustainability initiatives, we have established a Sustainability Promotion Committee chaired by CEO. The Sustainability Promotion Committee reports states related to sustainability, including climate change, to the Executive Committee and receives instructions and advice. In addition, CEO reports to the Board of Directors as necessary and appropriately.
Materiality Identification Process
The Sustainability Promotion Committee, a cross-departmental committee, held repeated discussions with management lawyers and identified seven materialities. The importance of materiality was evaluated on a medium- to long term time frame, with emphasis placed not only on the company itself but also on the perspectives of its stakeholders, and with input from outside experts.
Important materiality map
The seven most important materialities were identified by mapping the level of importance from the medium- to long term perspective of management on the horizontal axis and from the stakeholders’ perspective on the vertical axis. The importance of the seven materialities is considered as equal.
ESG/SD Gs Matrix and Materiality
To promote sustainability management, we are linking ESG, ISO 26000, 7 materialities and social issues with SDG 169 targets and working on each issue.
