Sustainability
Sustainability Promotion System
Basic approach and policy
We have formulated CSR policies to guide the corporate social responsibility initiatives that the T. Hasegawa Group has traditionally pursued, and we are promoting these efforts through a company-wide implementation framework.
Formulation of CSR Policies
Based on the CSR activities that we have been conducting and our support for the IFRA-IOFI Sustainability Charter and the UN Global Compact, we considered our materiality from two aspects of solving social challenges (contributing through our business processes and contributing through our products), and we have established six CSR policies.
CSR Policies: Formulation process and regular review
We formulate CSR Policies by considering materiality from the viewpoint of the Group and its stakeholders and then obtaining approval from the Strategy Committee, which consists of the representative director and senior vice presidents appointed by the representative director. Any future change to the CSR Policies must also be approved by the Strategy Committee.
Governance
Development of a sustainability promotion system
In order to contribute to creating new value and inspiration through a wide range of technologies that are not limited to flavors and fragrances with the aim of contributing to a richer and more fulfilling life, we strengthen sustainability initiatives and ensure thorough risk management while capturing business opportunities through innovation.
The person in charge of sustainability in the Company is the CEO. Under this framework, we have established a Sustainability Committee to strategically promote sustainability initiatives, including matters stated in the CSR Policy and ESG, across the entire Group. The Committee develops group-wide business strategies related to sustainability, and deliberates and resolves important matters, including initiative details. Matters deliberated by the Sustainability Committee are referred and reported to the Strategy Committee and the Board of Directors as necessary. In addition, we delegate authority to related divisions depending on the matter.
Sustainability promotion system chart
Overview of the Sustainability Committee
Objective
The objective of the Sustainability Committee is to strategically promote sustainability initiatives, including matters stated in the CSR Policy and ESG, across the entire Group.
Sustainability committee members
Chairperson
Officer in charge or deputy officer in charge of internal management control
Committee members
Committee members appointed by the Chairperson upon recommendation from the officers in charge of each division
Secretariat
Corporate Planning Division and the CSR Division
Activities in FY2024
In FY2024, the Sustainability Committee met twice.
The committee reviewed the CSR policies, discussed the addition of SDGs icons, and deliberated on the publication of the Sustainability Report.
Indicators and targets
We set out KPIs and to confirm their progress in an attempt to effectively work on the CSR Policies (materiality).
For ESG data other than the above, please refer to the T. Hasegawa Group ESG Data Book (PDF) .
Stakeholder engagement
Our Group views all organizations and people involved in the Group’s value creation as stakeholders. We consider engaging
