Sustainability at the Asahi Kasei Group | Sustainability | Asahi Kasei

Sustainability at the Asahi Kasei Group

Basic Approach

The Asahi Kasei Group has set "contributing to life and living for people around the world" as our Group Mission, and we have grown through repeated contribution to solving social issues. Our commitment to solving social issues has been a constant ever since our company was founded with the aim of "improving human culture."
Today, discussions aimed at achieving "sustainable society" are taking place around the world. Since the challenge of a "sustainable society" is a challenge that concerns people and the global environment, the Asahi Kasei Group believes that the pursuit of "living in health and comfort" and "harmony with the natural environment" set out in our Group Vision will lead to "sustainable society."
In "Cs+ for Tomorrow 2021," our new three-year medium-term management initiative, launched in fiscal 2019, we expressed the stance of the Asahi Kasei Group, which will continue contributing to sustainable development for people and the Earth going forward, in the phrase "Care for People, Care for Earth." This expresses the approach to sustainability that the Asahi Kasei Group aims for. The mission of the Asahi Kasei Group is to continue proactively contributing to the world as a leader in solving social issues, carrying on the commitment we have had since the founding of our company.

  • cs for tomorrow

"Enhancing sustainable growth of corporate value" in conjunction with "contributing to sustainable society" is also important. "Contributing to sustainable society" produces business profit, which enhances the corporate value of the Asahi Kasei Group. Enhancing corporate value will lead in turn to further "contribution to sustainable society" through business development.
Sustainability for Asahi Kasei means achieving the two mutually reinforcing aspects of sustainability, "contributing to sustainable society" and "enhancing sustainable growth of corporate value."

  • cs for tomorrow

Management Configuration

Actions for sustainability throughout the Asahi Kasei Group are guided by our Sustainability Committee in coordination with the more specialized Risk Management & Compliance Committee and Responsible Care Committee which implement individual projects. All three of these committees are chaired by the President of Asahi Kasei. Our Global Environment Committee, chaired by the Executive Officer for Technology Functions, holds specialized discussions on global environmental measures as a subcommittee of the Sustainability Committee.

  • Framework for Sustainability Strategy (as of December 1, 2019)

    Framework for Sustainability Strategy (as of December 1, 2019)

Message from the General Manager, Sustainability Strategy Planning Department

The Sustainability Strategy Planning Department, a dedicated unit to promote sustainability across the Group, was inaugurated together with the launch of the new medium-term management initiative in fiscal 2019.
Medium-term management plans tend to focus on financial aspects, particularly sales and profit, in terms of increasing corporate value, but we believe that true corporate value is only manifested when non-financial aspects are also in place, including what to do and how to do it. Asahi Kasei has always been proactive about CSR activities, including Responsible Care activities such as reducing environmental impacts in manufacturing, safety and disaster prevention, and employee health, as well as responsible actions and engagement with customers, investors, local communities and other stakeholders, and social contribution activities. In addition, we have been committed to providing social value through our business activities since the founding of our company. However, now that sustainability is recognized as a global challenge, we consider it important to supervise the Group on sustainability, promote management based on a sustainability perspective, and to communicate our activities in an easy-to-understand manner.
We will strive to listen to the opinions of stakeholders while continuing to enhance the value of Asahi Kasei.

Tatsuhiko Tokunaga
General Manager, Sustainability Strategy Planning Department
Asahi Kasei Corp.

Asahi Kasei Group effort for the SDGs

The 2030 Agenda for Sustainable Development was adopted by the UN Sustainable Development Summit in September 2015, including 17 Sustainable Development Goals (SDGs) and 169 targets such as ending poverty and inequality and taking action on climate change.
The Asahi Kasei Group contributes to achievement of the SDGs through diverse businesses that provide new value to society by enabling "living in health and comfort" and "harmony with the natural environment."

  • Sustainable Development Goals

Materiality

In fiscal 2017 we organized priority issues and themes to address and identified them as the materiality of the Asahi Kasei Group. Degrees of importance were evaluated along two axes, importance for stakeholders and importance for the Asahi Kasei Group, considering ISO26000, GRI standards, and key elements of ESG. We organized the relationships between this materiality and the sustainable development goals (SDGs) as follows. Moving forward, we will establish key performance indicators (KPIs) while incorporating the perspectives of various stakeholders.

  • Highest priority for mapping below| Governance|Human rights|Compliance/sincerity|Safety/quality Importance for stakeholders[Extremely important] Importance for the Asahi Kasei Group[Important] Greenhouse gas(Harmony with the environment) Wastewater(Harmony with the environment) Industrial waste(Harmony with the environment) Importance for stakeholders[Extremely important] Importance for the Asahi Kasei Group[Extremely important] Global environment(Harmony with the environment, Business contribution to) Health and longevity(Living in health and comfort, Business contribution to)Comfortable life(Living in health and comfort, Business contribution to) Supply chain management(Basic activity) Communication with stakeholders(Basic activity) Importance for stakeholders[Important] Importance for the Asahi Kasei Group[Important] Biodiversity(Harmony with the environment) Social contribution(Basic activity) Importance for stakeholders[Important] Importance for the Asahi Kasei Group[Extremely important] Human resources(Basic activity) Diversity(Basic activity) Risk management(Basic activity)

Materiality List

* Contribution through business

Theme Materiality Related SDGs Supervising organization
(Joint supervision: Sustainability Strategy Planning Department)
Harmony with the environment
We position initiatives for the global environment as important issues, and we are working on measures regarding climate change, preservation of biodiversity, development of a recycling-oriented society, and other initiatives.
Using our diverse technologies, we will also develop materials and products that contribute to conserving energy and reducing CO2 emissions.
Global environment*
  • GOAL 6: CLEAN WATER AND SANITATION
  • GOAL 7: AFFORDABLE AND CLEAN ENERGY
  • GOAL 12: RESPONSIBLE CONSUMPTION AND PRODUCTION
  • GOAL 13: CLIMATE ACTION
  • GOAL 14: LIFE BELOW WATER
  • GOAL 15: LIFE ON LAND
Each business division and operating company
Corporate Research & Development
Greenhouse gas Corporate ESH
Wastewater Corporate ESH
Industrial waste Corporate ESH
Biodiversity Corporate ESH
Living in health and comfort
We will contribute to healthy and comfortable lifestyles and affluent living with our distinctive products and technical capabilities.
Health and longevity*
  • GOAL 3: GOOD HEALTH AND WELL-BEING
  • GOAL 6: CLEAN WATER AND SANITATION
  • GOAL 11: SUSTAINABLE CITIES AND COMMUNITIES
Each business division and operating company
Corporate Research & Development
Comfortable life* Each business division and operating company
Corporate Research & Development
Basic activity
We will strengthen the base for business development, leading to the creation of new value.
Governance
  • GOAL 4: QUALITY EDUCATION
  • GOAL 5: GENDER EQUALITY
  • GOAL 8: DECENT WORK AND ECONOMIC GROWTH
  • GOAL 9: INDUSTRY, INNOVATION, AND INFRASTRUCTURE
  • GOAL 10: REDUCED INEQUALITIES
  • GOAL 16: PEACE, JUSTICE AND STRONG INSTITUTIONS
  • GOAL 17: PARTNERSHIPS
General Affairs
Compliance /sincerity General Affairs
Risk management General Affairs
Safety/quality Corporate ESH/Corporate Quality Ensurance
Human rights Human Resources /Corporate Procurement & Logistics
Human resources Human Resources
Diversity Human Resources
Supply chain management Corporate Procurement & Logistics
Communication with stakeholders Investor Relations /Human Resources /General Affairs and others
Social contribution General Affairs

Participation in multilateral initiatives

  • THE GLOBAL COMPACT Network Japan WE SUPPORT

The Asahi Kasei Group supports the United Nations Global Compact.

Nations Development Programme (UNDP), challenges companies to advance core business activities that contribute to the achievement of the Sustainable Development Goals (SDGs). Asahi Kasei joined with an initiative to support the fiber industry in India throughout the supply chain for Bemberg™ cupro.

The Clean Ocean Material Alliance (CLOMA) is a platform established to accelerate innovation by strengthening collaboration among a wide range of stakeholders across industry sectors amid a need to implement worldwide initiatives to overcome the marine plastic litter problem, a global-scale challenge.

White Logistics Movement

The White Logistics Movement is aimed at ensuring stability in logistics needed for people's daily lives and industrial activity and contributing to economic growth in response to the truck driver shortage, which continues to intensify. The Ministry of Land, Infrastructure, Transport and Tourism, the Ministry of Economy, Trade and Industry, and the Ministry of Agriculture, Forestry and Fisheries are the advocates of the movement.
Asahi Kasei has made a statement of voluntary action endorsing the movement and is working to improve logistics.

Membership in organizations

Name of organization Asahi Kasei's role
Japan Business Federation (Keidanren) Vice Chair of Board of Councillors
Chair of Committee on Environment and Safety,
Chair of Committee on Social Security
Japan Chemical Industry Association (JCIA) Vice Chairman

External evaluation

Inclusion in socially responsible investment indexes (fiscal 2018)

  • FTSE4Good Index
  • FTSE Blossom Japan Index
  • MSCI Japan Empowering Women Index (WIN)
  • FTSE4Good
  • FTSE Blossom Japan
  • MSCI Japan Empowering Women Index (WIN)

Climate-change effort ranked "A-" by CDP

Our effort with respect to climate change was given an evaluation of "A-" by CDP for 4 consecutive years from fiscal 2015 to fiscal 2018.

5-Star Certification Obtained in 3rd Nikkei Smart Work Management Survey

Asahi Kasei obtained 5-Star Certification, the highest ranking, in the 3rd Nikkei Smart Work Management Survey, which identifies leading companies in efforts to achieve a productivity revolution through workstyle reforms.

  • Smart Work

Relationships with Stakeholders

Our business operations depend on relationships of trust with our stakeholders. We believe that corporate value is raised by understanding the requirements and meeting the expectations of various stakeholders such as customers, suppliers, shareholders, investors, the general public, local communities, and employees. We provide many opportunities for communication to enable our business operations to be improved through dialog with stakeholders.

Communication with stakeholders

Main stakeholders Basic premises Main opportunities for communication
Customers We believe that it is by maintaining customer satisfaction that our products and services contribute to society.
  • Face-to-face discussion by marketing and sales personnel
  • Taking inquiries via telephone, website, etc.
Shareholders and investors We strive to disclose information in a timely and fair manner to enable our domestic and international investors to gain an accurate understanding of the Asahi Kasei Group.
  • Meeting with securities analysts and institutional investors
  • Seminars for individual investors
  • Website disclosure of information
  • Taking inquiries via telephone, website, etc.
Suppliers A relationship of mutual trust with our suppliers is fostered through fair and principled purchasing practices based on regulatory compliance and respect for the environment and human rights.
  • Safety discussion forums
  • CSR surveys
Local communities and the general public We work to honor and respect the local culture of each community where our operations are based, and to maintain effective dialog and communication with community members.
  • Periodic community dialog meetings
  • Community outreach initiatives
Employees The Asahi Kasei Group considers fulfilling and satisfying working conditions and workplace culture, in which personnel feel motivated to achieve and take pride in their career, to be a key to business performance.
  • Training and interviews
  • Discussion and interaction with management
  • Internal magazine and intranet
  • Compliance hotline