Promotion of Sustainability
Unitika launched the Sustainable Business Promotion Project, and specified its priority issues (materiality).
Sustainable Business Promotion Project Progress and Results
Sustainable Business Promotion Project: Implementation in 9 phases
We launched the Sustainable Business Promotion Project to consolidate and steadily implement initiatives for achieving a sustainable society, which is the Group mission set out in the long-term vision. We referred to the international guidelines on sustainability, the SDG Compass and GRI Standards, in planning and implementing the project.
Goal : To formulate the FY 2030 target values and KPIs for the priority issues (materiality) of the Unitika Group’s business and corporate activities, taking into consideration their impact on stakeholders.
Period : December 2020 to July 2021. Total of 9 phases.
Specify the eight priority issues and the four basic matters underlying the priority issues
In specifying the priority issues, first we listed the initiatives the Unitika Group is already working on to achieve a sustainable society. Then we referred to the SDGs goal targets and the GRI Standards, and listed the initiatives to tackle going forward. After grouping these initiatives, we identified as issues those initiatives we should achieve by the SDGs target year of 2030. We then verified the risks and opportunities of each of these issues and their positioning on the value chain, and narrowed down the important items.
Finally, we organized these items on a matrix (on the right) along two axes, one for their importance to stakeholders and the other for their importance to the Unitika Group, and then specified the priority issues (materiality). We also set four items as basic matters underlying the priority issues. These items have been approved at a management meeting.
- Compliance
- Strengthen governance
- Ensure product safety and quality
- Promote digital transformation
Priority Issues (Materiality) and SDGs
Business-related priority issues
- Compliance
- Strengthen governance
- Ensure product safety and quality
- Promote digital transformation
Corporate activities-related priority issues
