Sustainability Promotion Plan

The Nisshinbo Group's Climate Change Activities

The Nisshinbo Group aims to capture climate change-related business opportunities and reduce risks. To reduce climate-related risks, we are actively promoting climate change measures, such as reducing energy conservation Activities and PFCs (perfluorocarbons)* emissions, with the aim of carbon neutral through 2050.

* PFC (Perfluorocarbon): Fluorinated greenhouse gas used in dry etching in the production process of semi-conductors

The Nisshinbo Group’s Greenhouse Gas Emissions Reduction Targets

The Nisshinbo Group’s Greenhouse Gas Emissions Reduction Targets

The Nisshinbo Group's Medium -term Environmental Targets

The Nisshinbo Group's Medium-term Environmental Targets for fiscal year 2030 are “Increase ratio of products that contribute to sustainable society to 70% or more of total sales”, “Reduce greenhouse gas emissions per unit of sales by 25% or more compared with fiscal year 2014”, “Improve recycling ratio to 95% or more”, and “Reduce water usage per unit of sales by 70% or more compared with fiscal year 2014.” The Nisshinbo Group will continue to contribute to the achievement of the SDGs through the technological capabilities and innovation generated by its diverse human resources, as well as by working to solve social and environmental issues of customers, in addition to achieving its own targets.

The Nisshinbo Group's Medium -term Environmental Targets

The Nisshinbo Group's Medium -term Environmental Targets

Sustainability Promotion Plan and KPI

Since November 2016, the Nisshinbo Group has been implementing KPI activities in order to increase corporate value, after formulating CSR plans in fiscal year 2008, implementing the CSR promotion activities, and promoting the activities more reliably. In fiscal year 2022, the Group changed the name of the CSR Plan to the Sustainability Promotion Plan, and continues to promote activities to achieve sustainability.

KPIs are used to provide activities on items that can be grasped on a numerical basis in order to achieve the target. The Nisshinbo Group aims to confirm the status of achievement by using KPIs in activities for all employees to achieve the goals and to improve the content for better activities.

The Fifth Sustainability Promotion Plan, which began in fiscal year 2022, revised its content and the KPI targets based on an evaluation of the degree of achievement and the results of the 20 targets from the previous fiscal year plan. In order to contribute and grow together with society, the entire Group is working together on sustainability promotion.

Relationship between the Corporate Philosophy and the Fifth Sustainability Promotion Plan (FY2022-2024)

5th Sustainability Promotion Plan and KPI Targets

In the Fifth Sustainability Promotion Plan, Nisshinbo will again establish 20 KPIs for key activity items that can be quantified and work to achieve the targets.

Summary of the 5th Sustainability Promotion Plan

5th Sustainability Promotion Plan (FY2022-2024)

Materiality Key Action Items The Nisshinbo Group’s Initiatives Key Performance Indicator
Environment
Contribution in the Areas of Environment and Energy Promote environmental management Improvement of the sales percentage by the products that contribute to the development of sustainable society 60% or more of total sales
Reduction of greenhouse gas emissions Reduce by 35% or more Compared to FY2014
Reinforcement of the maintenance of biodiversity Activities in Japan and abroad At more than 5 new sites
Reduction of water usage per unit of sales Reduce by 65% or more Compared to FY2014
Promote Life Cycle Assessment (LCA) 60% or more of total sales
Reduction of the energy consumption per unit of sales Reduce by 15% or more Compared to FY2014
Reduction of the volume of PRTR substances emissions per unit of sales Reduce by 30% or more Compared to FY2014
Improvement of recycling rate Increase the recycling rate to 90% or more
Social
Creation of a Safe and Secure Society Respect human rights Enhance human rights awareness-raising activities and prevent harassment Rate of companies that conducted overall training (theme by fiscal year), 100%
Promote diversity Increase employment rate of disable persons Employment rate of persons with disabilities (Ratio of achieving companies), 100%
Promotion of globalization of human resources -
Create a comfortable workplace environment for employees Achievement rate of FY2024 targets in accordance with the Act on Promotion of Women’s Participation and Advancement in the Workplace – General Business Operator Action Plans (Ratio of companies that achieved), 100%
Achievement rate of FY2024 targets in accordance with the Act on Advancement of Measures to Support Raising Next-Generation Children – General Business Operator Action Plan (Ratio of companies that achieved), 100%
Promote activities for occupational safety and health Prevent occupational injuries The number of serious accidents “0”
Cultivate employee health Promote health management Participation rate of regular health examination, 100%
Implementation rate of stress check, 95%
Improve quality and customer satisfaction Continuously promote measures to improve customer satisfaction The number of violations of the Product Liability Act “0”
Development of social contribution activities Participate in local contribution activities -
Governance
Global Compliance Instill the Corporate Philosophy Instill the revised Group Corporate Philosophy Rate of companies that have released management messages based on the Group’s corporate philosophy, 100%
Thorough compliance Regularly implement compliance training Participation rate of compliance training, 100%
Operate a corporate ethics reporting system Response rate to corporate ethics reporting system, 100%
Strengthen internal controls Continuously develop and operate an internal control system -
Promote risk management activities Improve the effectiveness of risk management -
Strengthen information security measures Defend against external threats -
Promote of sustainable procurement Improve sustainable procurement in collaboration with suppliers Evaluation of improvements based on the results of sustainability survey of major suppliers (covering 70% of transaction value), 100%

*1 Life Cycle Assessment:Grasping the amount of environmental impact throughout the product life cycle, from raw materials to production, use, and disposal.

*2 PRTR substances:Substances subject to the Pollutant Release and Transfer Register (PRTR) system pursuant to the “Act on the Confirmation, etc. of Release Amounts of Specific Chemical Substances in the Environment and Promotion of Improvements to the Management Thereof”

Results and Evaluation of the Fourth Sustainability Promotion Plan (FY2019-2021)

The Nisshinbo Group evaluated the achievements of the 20 targets set in the Fourth Sustainability Promotion Plan by field. The evaluation results are as follows:

4th Sustainability Promotion Plan Performance Summary by Field

Please refer to below for more information on Activities results of the Fourth Sustainability Promotion Plan.

4th Sustainability Promotion Plan (FY2019-2021)

Materiality Key Action Items The Nisshinbo Group’s Initiatives Key Performance Indicator KPI Results
Environment
Contribution in the Areas of Environment and Energy Promote environmental management Improvement of the sales percentage by the products that contribute to the development of sustainable society 55% or more of total sales 52%
Reduction of greenhouse gas emissions Reduce by 10% or more Compared to FY2014 14%
Reinforcement of the maintenance of biodiversity Activities in abroad
At more than 5 new sites
5 sites
Reduction of water usage per unit of sales Reduce by 3% or more Compared to FY2017 33%
Promote Life Cycle Assessment (LCA)*1 50% or more of total sales 57%
Reduction of the energy consumption per unit of sales Reduce by 10% or more Compared to FY2014 9%
Reduction of the volume of PRTR substances*2 emissions per unit of sales Reduce by 10% or more Compared to FY2017 55%
Improvement of recycling rate Increase the recycling rate to 90% or more 88%
Social
Creation of a Safe and Secure Society Respect human rights Enhance human rights awareness-raising activities and prevent harassment Implementation rate of human rights training, 100% 94%
Promote diversity Increase employment rate of disable persons Employment rate of persons with disabilities (Ratio of achieving companies), 100% 94%
Promotion of globalization of human resources - -
Create a comfortable workplace environment for female employees Achievement rate of FY2021 targets in accordance with the Act on Promotion of Women’s Participation and Advancement in the Workplace – General Business Operator Action Plans (Ratio of companies that achieved), 100% 69%
Rate of reinstatement after child care leave, 100% 100%
Promote activities for occupational safety and health Prevent occupational injuries The number of serious accidents “0” 0
Cultivate employee health Promote health management Participation rate of regular health examination, 100% 99%
Implementation rate of stress check, 100% 96%
Improve quality and customer satisfaction Continuously promote measures to improve customer satisfaction The number of violations of the Product Liability Act “0” 0
Development of social contribution activities Participate in local contribution activities - -
Governance
Global Compliance Instill the Corporate Philosophy Instill the revised Group Corporate Philosophy Implementation rate of training on Nisshinbo Group Corporate Philosophy, 100% 89%
Thorough compliance Regularly implement compliance training Participation rate of compliance training, 100% 94%
Operate a corporate ethics reporting system Response rate to corporate ethics reporting system, 100% 100%
Strengthen internal controls Continuously develop and operate an internal control system - -
Promote risk management activities Improve the effectiveness of risk management - -
Strengthen information security measures Defend against external threats - -
Promote of CSR procurement Improve CSR procurement in collaboration with suppliers Evaluation of improvements efforts based on the results of the CSR survey of major suppliers, 100% 100%

*1 Life Cycle Assessment:Grasping the amount of environmental impact throughout the product life cycle, from raw materials to production, use, and disposal.

*2 PRTR substances:Substances subject to the Pollutant Release and Transfer Register (PRTR) system pursuant to the “Act on the Confirmation, etc. of Release Amounts of Specific Chemical Substances in the Environment and Promotion of Improvements to the Management Thereof”

Received high evaluation in Toyo Keizai CSR company ranking

In its latest assessment of CSR, the 2022 CSR Company Rankings, Toyo Keizai Inc. (hereafter, Toyo Keizai) rated Nisshinbo Holdings Inc. highly for the various initiatives being deployed by the Group. Toyo Keizai awarded the Group a ranking of AAA on human resources utilization, the environment, corporate governance and a ranking of AA on social services.

Conducted annually since 2005 by Toyo Keizai, the CSR Corporate Rankings draw on survey results to select a list of "trusted companies" from the perspectives of both corporate social responsibility (CSR) and finance, which are becoming increasingly complex. This 2022 CSR Company Ranking is the 16th. The Nisshinbo Group pays close attention to the CSR corporate rankings, which evaluate companies from the four CSR-related perspectives of human resource utilization, the environment, corporate governance and social performance, and finance.

For the third party evaluation information, please refer to "External Ratings and Evaluation” webpage.

Toyo Keizai CSR company ranking
Toyo Keizai CSR company ranking