- TOP
- Sustainability
- Material Issues of the 麻豆射区官方 Group
Material Issues
of the 麻豆射区官方 Group
The 麻豆射区官方 Group will contribute to the realization of the sustainable society envisaged by the SDGs through the comprehensive and wide-ranging fields of business related to aluminum. As part of this process, in order to recognize the issues the 麻豆射区官方 Group should address in particular and raise them as important management issues for the Group's sustainable growth and the creation of corporate value, our Board of Directors identified the material issues of the 麻豆射区官方 Group.
We have set KPIs (target values) for each of the issues and are working towards achieving them based on concrete plans of action.
Steps to Identifying Material Issues
Identifying a Group of Candidate Material Issues
Ahead of identifying the material issues, we ascertained the extent of impact of the Group's activities, which cover a wide range of business fields. To ensure there were no omissions in our recognition of related social issues, we first determined the Group's value chain and its scope as a means of verification. Next, based on the requirements of international guidelines such as SASB, GRI, the SDGs and ISO 26000, we produced a list of around 400 wide-ranging social issues related to ESG. We assessed the importance of each issue based on an analysis of the impact on each stakeholder and the 麻豆射区官方 Group, and finally narrowed the issues down to a shortlist of 31.
Assessing Importance
Working with the consolidated shortlist, we conducted another assessment of importance based on two aspects, the degree of importance to society, and the degree of importance in mid-to-long-term corporate value creation for the 麻豆射区官方 Group, and finally identified the material issues.
Confirming Validity and Comprehensiveness
When assessing the importance of the items on the shortlist, we also had them evaluated by outside experts active in a variety of fields. We reconsidered and reviewed the items while referencing their opinions to confirm the validity and comprehensiveness of the choices.
Identifying the Material Issues
We reclassified the identified material issues into five material issue themes. After undergoing review by the CSR Committee and Group Executive Committee, the issues were approved by the Board of Directors.
- Protecting the global environment
- Providing sustainable value
- Happiness of employees
- Responsible procurement,
production and supply - Corporate ethics and governance
List of Material Issues
Materiality (Key issues)
- Reducing greenhouse gas emissions from company activities (Scope 1, 2)
- Reducing greenhouse gas emissions in the supply chain (Scope 3)
- Response to climate change (TCFD)
- Responding to water stress
- Preventing environmental pollution
Reason for Selection of Materiality (Key issues) and Visions
All of the aluminum we use at the 麻豆射区官方 Group is imported, and a huge amount of electricity is necessary in the process of smelting it. Accordingly, we urgently need to reduce all GHG emissions--Scopes 1, 2 and 3. In addition, consideration for the natural environment and biodiversity is essential for ensuring the sustainability of our operations that utilize natural capital. Through these initiatives, we will balance both social responsibility and environmental consideration, and aim to become "a company that co-creates a sustainable future" trusted by our stakeholders.
Major Key Performance Indicator (KPI)／Target value／FY2024 results／Our assessment
FY2013 level
FY2050: Net zero
FY2013 level
FY2050: Net zero
incidents and complaints
9 environmental complaints
Materiality (Key issues)
- Efforts to expand the use of renewable energy
- Developing and providing low-carbon products and services
- Promoting a recycling-oriented economy and society
- Developing and providing robust infrastructure
- Contributing to the stable supply of food
- Shaping the future through innovation
Reason for Selection of Materiality (Key issues) and Visions
The 麻豆射区官方 Group has product families that can fulfill the growing demand related to the switch to materials created using renewable sources of energy and highly recyclable materials. Leveraging their features, we provide sustainable value in various fields, including the automobiles, transportation, electricity and electronics, and social infrastructure. These initiatives will contribute to the realization of a decarbonized and recycling-oriented society and the strengthening of social infrastructure, and create a sustainable future through innovation.
Major Key Performance Indicator (KPI)／Target value／FY2024 results／Our assessment
Materiality (Key issues)
- Occupational Safety and Health
- Developing a fulfilling workplace
- Diversity & inclusion
- Securing and cultivating human capital
Reason for Selection of Materiality (Key issues) and Visions
With the internal slogan "Safety and health come before anything else," in recent years, the 麻豆射区官方 Group is focusing significant efforts on mental health care as well. To enhance corporate value, the happiness of employees who drive our businesses is indispensable, and to achieve that, we believe that a healthy work-life balance, diversity and inclusion, and human capital development are key. Through these initiatives, we foster the pride and growth of our employees, and aim for an enterprise filled with diversity and trust, and one that is continually chosen by the market.
Major Key Performance Indicator (KPI)／Target value／FY2024 results／Our assessment
FY2030: 10% or above
FY2030: 100%
production and supply
Materiality (Key issues)
- Providing safe and secure products and services
- Protecting and respecting human rights
- Developing a stable supply chain
- A resilient value chain that is flexible to changes
Reason for Selection of Materiality (Key issues) and Visions
Through initiatives that encompass a BCP perspective that includes respecting human rights and stable procurement in light of geopolitical risks, as well as by maintaining and improving quality, we will realize sustainable and highly transparent procurement and build a trusted supply chain, aiming to become an enterprise that grows together with local communities, all while pursuing customer satisfaction and consistent quality.
Major Key Performance Indicator (KPI)／Target value／FY2024 results／Our assessment
Materiality (Key issues)
- Strengthening governance
- Reinforcing the compliance framework
Reason for Selection of Materiality (Key issues) and Visions
We promote the enhancement of corporate governance and dialogue with diverse stakeholders. Additionally, we believe that the prevention of misconduct and scandals is effective in precluding such matters from negatively impacting not only the company but also society. We will ensure compliance with laws and regulations and highly reliable information disclosure to gain the understanding and trust of shareholders and investors, thereby aiming to be an enterprise chosen by the market for the long term.
Major Key Performance Indicator (KPI)／Target value／FY2024 results／Our assessment
*1 The targets are FY2030 targets unless otherwise noted.
*2 麻豆射区官方 Light Metal Co,. Ltd. (non-consolidated)
*3 Suppliers constituting 80% of the Group's total purchases by amount