Materiality
Toyobo group’s materiality
Our group’s material issues are set on the basis of Sustainable Vision 2030, which we announced in May 2022.
Working from the two axes of influence on stakeholders and influence on our group, we clarified high-priority targets and organized them into four areas: “contributing to the solving of social issues through business,” “human capital,” “environment and manufacturing,” and “business bases.”
Given the Group's situation from fiscal 2023 to fiscal 2024, we decided to separate the quality from compliance and add chemical substance management.
Process of identifying material issues
With reference to external initiatives and 12 international guidelines, including the GRI Standards, we selected candidate items. The positive and negative impact of these social issues were clarified through internal questionnaires and interviews, and, taking into account the views of external parties such as institutional investors, we finally determined our material issues with approval by the Board of Directors.
Materiality map
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Area of contributing to the solving of social issues through business
・A decarbonized and circular society ・Smart communities and comfortable spaces ・A healthy lifestyle and health care ・Clean water areas, air, and soil,
and the preservation of biodiversityArea of human capital・Well-being of employees
(diversity, equity＆inclusion,
health and productivity management,
occupational safety and health)・Human capital ・Human rights
(including in the supply chain)Area of environment and manufacturing・Safety and disaster prevention ・Quality ・A decarbonized and circular society
(environmental impact reduction)・Chemical substance management Area of business base・Innovation ・Partnerships (supply chain, stakeholder engagement, social contribution) ・Digital transformation ・Risk management, compliance
Targets and KPIs
To steadily ensure the progress of our materiality initiatives, we have assigned officers in charge of each materiality and have formulated KPIs and targets.We report and share information on progress toward the KPIs two times a year within the Sustainability Committee, and, in accordance with progress status, work toward continuous enhancement of our efforts by reviewing KPIs and targets.
Toyobo group materiality/KPIs and Targets(As of April 1,2024)(84KB)