The 5 Materiarities
KOKUYO The 5 Materialities - Our five most important issues
Materiality assessment process
|Perspective||Primary research (survey)||Secondary/desk research|
|Importance to stakeholders||Consumers||〇||－|
|Investors (MSCI, SASB)||－||〇|
|National and local governments (government growth strategy)||－||〇|
|Impact on the business||Contribution of product, service, or CSR initiative to SDGs||－||－|
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Main stakeholder feedback
•As we head into the new normal, you should provide information about what new working patterns are possible, what ideas you have, and what work environments are necessary to achieve these ideas. I like the attitude expressed in your slogan: (loosely translated as) “We test it out so you don’t have to.”
•Through your products, you should offer distinctive work-life balance solutions.
Diversity (including employment of people with disabilities)
•As businesses have more employees from diverse backgrounds, it has become necessary to take a broad approach to the task of building an optimum office environment.
•You should do more to hire people with disabilities. Your disabled employment program should be expanded to your manufacturing and sales workspaces across the country.
•You are doing good work in forest conservation, so you should also try to reduce CO2 emissions in your daily operations.
•You should actively invest in the fight against climate change.
•In a world with growing mountains of waste, if you could develop best practices for this issue, there would be an opportunity to package these practices as KOKUYO’s distinctive solutions.
•A big issue today is the mountains of waste produced when offices are relocated or the layout changed. You should find ways to reduce the waste through recycling schemes or highly versatile reuses..
•This issue is very relevant to your organization given its use of paper in products such as notebooks.
Disclosing information to and communicating with business partners
•Your sales reps provide very useful information.
•Information/communications and data security are critical to our business operations.
Material issues and targets
|Material issue||2030 goal|
|Material issue 1 Ideas for new ways of working||Pitch ideas for ways of working in the new normal, support work-life balance||Employees act on their initiative and solve problems through teamwork|
|Material issue 2 Promoting diversity and inclusion||Build a diverse, innovative workplace that is inclusive of gender, disability, and nationality, ect||Workforce is diverse, individual differences are respected, and employees feel empowered|
|Material issue 3 Respond to the climate crisis||Reduce CO2 emissions through energy efficiency and renewable energy. Use forests to offset emissions||Offset CO2 emissions: Contribute to absorption of at least 6,000 tons of CO2 a year|
|Reduce CO2 emissions: Emissions down by 26% from 2013 level in 2030|
|Material issue 4 Contribute toward a circular economy||Promote human rights and resource conservation in supply chains to promote a circular economy||100% of waste (office, construction, inventory) recycled|
|Procurement guidelines applied throughout corporate group|
|Material issue 5 Contribute toward a society that coexists with nature||Protect biodiversity and reduce use of hazardous chemicals to minimize environmental impacts||Promotion of the use of legal timber|
|Forests: Forests thinned at 150 hectares a year|
|Reedbeds: Reeds trimmed at 15 hectares a year|
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