Sustainability Implementation Structure
Basic Philosophy
The corporate philosophy and mission of the KONOIKE Group is “We pursue innovation at the foundations of our society that creates unique value, driven by respect for humanity and relationships of trust.”
In addressing issues related to sustainability, we will also aim to achieve – through the execution of this corporate philosophy – a society that will bring happiness, safety, and a sense of security to various stakeholders surrounding the KONOIKE Group, which include clients, employees, shareholders, and regional communities.
Sustainability Committee and Subcommittee Activities
As an advisory body to the board of directors, the Sustainability Committee (Chair: Chief Administrative Officer) responds to inquiries from the board, discusses individual sustainability issues, and reports regularly to the board on the content of these discussions.
The Sustainability Committee has four subcommittees under its umbrella, each of which evaluates and provides regular reports on subcommittee annual plans and operational status. The Sustainability Committee strives to ensure fairness and objectivity by inviting one outside expert to sit in each subcommittee.
Sustainability Committee and Subcommittee Organization Chart
Activities of the Four Subcommittees
Risk Management Subcommittee (Chair: Executive General Manager of the General Affairs Division)
This subcommittee conducts regular risk assessments and selects identified risks to respond to changing operating environments. In addition to determining the departments that have jurisdiction over these risks and setting evaluation targets (control targets), the subcommittee monitors the progress of initiatives and otherwise works to reduce risk.
Internal Control Subcommittee (Chair: The Executive General Managers of the Corporate/Quality Division and the Finance/Accounting Division)
This subcommittee promotes the establishment and operation of group internal controls, addresses internal control issues, and monitors compliance conditions to enhance the effectiveness of preventive and recurrence-prevention measures for compliance violations.
Information Security Subcommittee (Chair: Executive General Manager of the ICT Promotion Division)
This subcommittee maintains the Basic Policy on Information Security and related regulations, studies human, physical, and technological measures related to information security in general, monitors the state of information security, takes steps to prevent and detect incidents, and responds to emergency situations. The subcommittee has formed an Information Security Measures Team that establishes and periodically reviews specific measures for improvement. The team also conducts trainings and manages the (PDCA) cycle to maintain and advance information security.
Environmental Subcommittee (Chair: Executive General Manager of the Corporate/Quality Division)
This subcommittee aims to ensure legal compliance and mitigate environmental impact by evaluating compliance with environment-related laws and regulations. The subcommittee also confirms the status of environmental conservation activities and discusses, drafts, and implements measures for improvement.
Materiality Identification
The KONOIKE Group identifies materiality in terms of both risks and opportunities to achieve sustainable growth with our stakeholders. We also work on various initiatives, as it is important to incorporate these materialities into our medium to long-term management plan. To thoroughly determine materialities, we first identified risks and opportunities for each business unit, then categorized and prioritized the issues by theme. Going forward, we will make institutional decisions on KONOIKE Group materialities through discussions with outside directors and management team. We plan to explore including these discussions as a factor in the next medium-term management plan.
Materiality Identification Process
