Sustainable Management
ORGANIZATIONAL FRAMEWORK FOR SUSTAINABILITY
Organizational framework for sustainability, decision-making process
Our framework for sustainability includes the Sustainability Committee. This committee deliberates on our overall sustainability strategy, how to address the material issues, and how to generate positive social impacts.
The committee is chaired by the person who is Director, Representative Corporate Officer, President and CEO. Its secretariat is headed by the managing officer in charge of sustainability and its membership comprises every corporate officers and managing officer. The committee consists of four subcommittees, each of which examines a particular area of sustainability and reports its findings to the main committee. The subcommittees are the Environment Subcommittee, Wellbeing Subcommittee, Procurement Subcommittee, and Forest Model Subcommittee.
The committee regularly reports to and advises the Board of Directors regarding the sustainability-related matters (risks, opportunities, strategies, and goals) it has discussed (or that any of the four subcommittees has discussed) in order to obtain the necessary board approval and facilitate supervision.
In this way, the committee structure facilitates action on sustainability with a view to sustaining value creation.
Committee membership, role
| Deliberative body | Chairperson | Membership | Function/role, relevance to material issues | |
|---|---|---|---|---|
| Board of Directors | Outside Director Takehiro Kamigama |
Outside directors |
The Board of Directors approves the sustainability strategy, medium-term plans, and annual plans and supervises progress toward goals. It also approves and supervises the basic sustainability policy and proposed non-financial disclosures. |
|
| Sustainability Committee | (Director, Representative Corporate Officer, President and CEO) Hidekuni Kuroda |
All corporate officers Head of secretariat: |
The committee identifies sustainability-related risks and opportunities and formulates a sustainability strategy that defines material issues and goals related to such. It reviews sustainability policies, sustainability guidelines, and proposed non-financial disclosures. With the approval of the Board of Directors, it develops sustainability action plans. |
|
| Environment Subcommittee | Managing Officer Masahiro Fukui |
Corporate divisions |
The subcommittee focuses on environmental issues relevant to KOKUYO Group as a whole. It has three taskforces for leading cross-organizational efforts to accomplish the goals for the following material issues: the Climate Crisis Taskforce, the Circular Economy Taskforce, and the Taskforce for Coexistence with Nature. |
|
| Procurement Subcommittee | Managing Officer Koji Morita |
Same as above | To facilitate sustainable procurement, the subcommittee engages with suppliers to ensure that they share our commitment to co-creation with empathy. It applies a plan-do-check-act cycle among suppliers. The scope of the cycle is initially limited to tier-1 suppliers of materials used in KOKUYO products and distributors’ private brands, but it will be expanded to include other suppliers. |
|
| Wellbeing Subcommittee | Managing Officer Yasunari Koshikawa |
Same as above | The subcommittee facilitates efforts to pitch ideas for new ways of working and promote diversity, inclusion, and innovation. To achieve the goals set for material issues, the subcommittee will establish two inter-divisional taskforces, one devoted to promoting wellbeing among employees and the other devoted to promoting wellbeing among external stakeholders. |
|
| Forest Model Subcommittee | Corporate Officer Toshio Naito |
Same as above | The subcommittee works to disseminate across KOKUYO Group the Forest-like Management Model for creating value. To help balance social value with economic value, the subcommittee encourages more employees to identify in their current jobs ways to address social issues and to develop visionary ideas (Mirai Yokoku). |
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