Materiality
Materiality-Oriented Sustainability Management Initiatives
In 2021, our Group identified five items of materiality (key issues) that we address over the medium to long term. We have set indicators and targets for each materiality item in order to take more concrete steps toward achieving what we aim for. The progress is monitored by the Sustainability Management Committee.
The indicators and targets set for materiality, as well as their progress, are reported and discussed at the Sustainability Management Meetings to promote our Group’s sustainability management.
Contributing to a green society
We are taking on the challenge of realizing carbon neutrality by 2050. We aim for a sustainable society while comprehensively promoting initiatives for a low-carbon and recycling-oriented society.
Ensuring safety and security in community development and manufacturing
We will contribute to the stable supply of energy to local communities, the provision of products that meet customer needs, and the improvement of safety and productivity at customer manufacturing sites.
Providing solutions for the future connecting people and technology
We will promote digitalization of manufacturing sites and office operations to increase efficiency in production activities.
Along with this, we also strive to solve social issues by creating new value based on diverse human resources and technologies.
Promoting active participation of diverse human resources
We will promote reforms in the workplace environment and organizational culture with the aim of creating a company in which diverse human resources can make the most of their individual abilities.
In addition, we will fully support the growth of all employees and strive to further develop their abilities. We will also actively promote work style reforms, including eliminating long working hours and encouraging employees to take time off.
Pursuing governance that supports sustainable Growth
We recognize that corporate value comprises not only business results and technological capabilities but also the fulfillment of social responsibility to all stakeholders affected by our business activities, such as customers, shareholders, investors, suppliers, employees, and local communities. Earnestly undertaking efforts to improve all these factors leads to the enhancement of corporate value.
The Kobelco Group pursues improvements in corporate value over the medium to long term with the Group Corporate Philosophy, which is positioned as the foundation for all its business activities.