Management

Yamada.jpg  Message from the CSR Director

As we entered the second year since our implementation of the Tosoh Group CSR Basic Policy in fiscal year 2018, we continued to promote activities related to the policy and to key CSR issues among employees. Those efforts were led by the departments in charge.

We also continued and will continue to participate in external initiatives regarding CSR. Those initiatives exemplify the United Nations Global Compact, which we signed in April 2019, and the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), which we endorsed in November 2019. And they raise our internal awareness and promotion of our contributions to the SDGs.

Masayuki Yamada
Director, Executive Vice President
Tosoh Corporation

  • CSR Basic Policy

    The Tosoh Group places CSR activities at the core of management and aims to realize its corporate philosophy by sharing and practicing the following CSR basic policy.

    Contribute to the sustainable development of society through business activities

    We provide innovative and reliable products and services that resolve social issues and contribute to people’s well-being by deepening our proprietary chemical-based technologies and by collaborating with our global business partners.

    Ensure safe and stable operation

    We recognize that ensuring the safety and health of people involved in our business activities and enabling stable operations are the most important of management issues and work diligently to foster a culture of safety and stability as foundational to our operations.

    Develop and promote a free and open corporate culture

    We seek a vibrant corporate culture that our employees and their families can be proud of by developing an open and rewarding work environment where human rights and diversity are respected.

    Preserve the global environment

    We comprehensively manage our chemical substances to minimize the environmental impact of our business activities across the breadth of our value chain globally.

    Pursue integrity in corporate activities

    We work to be a global corporate group that is trusted by its stakeholders by ensuring thorough compliance, integrity, and transparency in our corporate activities based on dialogue and collaboration.

  • CSR Promotion System

    Tosoh’s CSR Committee is chaired by the president of Tosoh Corporation and consists of members of the Management Reporting Meeting, of the heads of management departments at Tosoh’s headquarters, and of the chairpersons of the company’s various other committees. The CSR Committee formulates policies on CSR activities, manages the progress of key CSR issues, and reports its policies and the progress thereon to the Board of Directors.

    Tosoh has also formed a CSR Promotion Liaison Meeting and a CSR Advancement Office. The former complements the CSR Committee, while the latter serves as the secretariat for the CSR Committee and the CSR Promotion Meeting as a dedicated CSR department.

    In fiscal 2020, the CSR Committee met twice. In August, the committee deliberated on the identification of material CSR issues. In March, it verified progress in achieving targets related to those issues.

    In the second year since the establishment of the Tosoh Group CSR Basic Policy, the committee endeavored to make the policy more widely known within the Tosoh Group. It participated in external evaluations of and focused on disseminating information about the policy.

     

  • Key Material CSR Issues (Materiality)

    The Tosoh Group identified candidate material issues in CSR first based on the ISO 26000 and GRI standards and trends at other companies. ISO 26000 is a globally recognized International Organization for Standardization (ISO) designation for organizational social responsibility. The GRI is an international standard for sustainability issued by the nongovernmental organization (NGO) the Global Reporting Initiative (GRI).

    Following this, the Tosoh Group narrowed the number of possible key issues using a biaxial assessment matrix. It plotted the importance of each issue to stakeholders along one axis and their importance to the Tosoh Group along the other.

    This assessment in hand, and after further deliberations at the CSR Committee meeting held in August 2018, the Tosoh Group identified 18 material CSR issues for achieving sustainable growth, for the Tosoh Group and for society at large. Since then, we’ve also defined key performance indicators (KPIs) for those issues and set medium-term targets and the CSR activities needed to achieve those targets.

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