Governance

For some time now, the Company has raised the following as its corporate mission: “Our mission is to develop new, innovative technologies and applications with a commitment to environmental sustainability, thereby enabling the advancement of technology for the betterment of humanity.” We have balanced our business activities with environmental conservation.
The Company has established a system whereby its policies and targets concerning the response to climate change are deliberated based on management plans, business strategies, etc., by the Sustainability Promotion Committee, chaired by the President, with the results then submitted to the Board of Directors for supervision.

Sustainability Promotion Committee

The Company has established a Sustainability Promotion Committee to strategically address global ESG (environmental, social, and governance) issues.
This committee is chaired by the President and consists of the Board of Directors, Senior General Managers, Deputy Senior General Managers and General Managers. The committee meets regularly once a year to compile policies related to sustainability including climate change and the state of initiatives for materialities (E: Environment, S: Society, G: Governance, V: Value Creation), and deliberate on continuous improvements based on the TCFD recommendations, global warming countermeasures, etc. The content of deliberations is submitted to the Board of Directors through reports to the President. (Once a year)

Global Risk Management Committee

The Company has established a Global Risk Management Committee to deal appropriately with the various risks that may affect the Company group’s business operations and stabilize its management foundations.
This committee is chaired by the President and consists of the Board of Directors, Senior General Managers, Deputy Senior General Managers and General Managers. The committee meets regularly twice a year to classify the level of risk of anticipated risk events based on their frequency of occurrence, degree of financial impact, and other indicators, and deliberate on the state of improvements, etc.
In addition, the Company forms project teams for countermeasures as required for events judged to present extremely high-risk, and promotes activities under this committee.
The content of deliberations is submitted to the Board of Directors through reports to the President. (Once a year)

Environmental Management Committee

The Company has established an Environmental Management Committee to ensure the appropriateness, adequacy and effectiveness of the Company’s environmental management system.
This committee is chaired by the President and consists of the Board of Directors, Senior General Managers, Deputy Senior General Managers and General Managers. The committee meets regularly twice a year to deliberate on the following matters.

• Evaluation of opportunities for improvement and the need for changes to the environmental management system, including environmental policies and environmental objectives and metrics
• Drafting of implementation plans in line with medium- to very long-term policies on climate change deliberated by the Sustainability Promotion Committee
• Formulation of implementation plans and management of progress towards the resolution of overall environmental issues (environment-related materialities / risks and opportunities posed by climate change)
• Calculation of GHG emissions (Scope 1・2・3), setting of reduction targets (Scope 1・2) and monitoring

The content of deliberations is submitted to the Board of Directors through reports to the President. (Twice a year)
In addition, Environmental Management Subcommittees and Energy-Saving Committees are established under this committee to consider specific measures.