Identifying Key Issues (Materiality)
To strengthen still further ESG management, which is the key to realizing the Long-term Vision, Vision 2030, SEKISUI CHEMICAL Group has taken a revised look at key issues and is promoting measures centered on Governance (Internal Control), DX, the environment, human capital, and fusion (innovation).
Extracting and Identifying Key Issues
Extracting and Identifying Key Issues
Key issues are identified based on the following processes.
Step 1: Extracting Issues
A comprehensive list of issues was identified from the following perspectives:
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(1)SEKISUI CHEMICAL Group
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・Corporate Philosophy system (Corporate Philosophy, Group Vision, Long-term Vision)
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・Various policies
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・Employee awareness surveys
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・Discussions at various meetings
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(2)Social demands
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・Regulations and the soft law of each country in which the Group operates
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・Opinions and expectations of external stakeholders (customer surveys, dialogue with shareholders and investors, NPOs)
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・Opinions of outside experts (advisory boards)
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・Evaluation institution and customer survey items and content
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・Global guidelines (UN Global Compact, ISO26000, GRI Standards, SDGs, TCFD, IIRC, SASB, OECD's Guidelines for Multinational Enterprises)
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(3)Other companies’ trends
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・Integrated reports, Sustainability reports
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・Exchange of opinions at Global Compact subcommittee and other meetings
Step 2: Identifying Key Issues
We identify key issues after deliberation by the Sustainability Committee and prioritize in accordance with the two axes: A. Importance to stakeholders*1 and B. Importance to SEKISUI CHEMICAL Group*2.
- Taking into consideration the magnitude of the positive and negative impact on the earth and society utilizing the SEKISUI Environment Sustainability Index.
- Utilizing the SEKISUI Sustainable Spread based on the assumption of a substantial financial impact in the future.
Step 3: Authorizing Key Issues
Key issues deliberated by the Sustainability Committee are ultimately authorized by the Board of Directors.
While key issues are revised as a rule every three years, when steps are taken to formulate the Medium-term Management Plan, SEKISUI CHEMICAL Group considers whether further revisions are required each year based on such factors as the status of the Group and changes in social conditions.
Execution and monitoring of key issues
As far as the key issues identified are concerned, each principal and related department of SEKISUI CHEMICAL Group’s Corporate Headquarters and divisional companies formulate activity plans and targets, which are implemented following deliberation and authorization at management meetings.
The progress of activities is monitored by the Budget Committee, Sustainability Committee, and subcommittees, twice a year.
SEKISUI CHEMICAL Group’s Key Issues (2020-2022)
- 07-10
Positioning of key issues in the ESG management conceptual diagram
- 03-01
