Keihanshin Building Co., Ltd. TSE:8818
Keihanshin Building : Notice Concerning Identification of Materiality
Source: MarketScreener
To whom it may concern,
March 25, 2022 | |
Company name: | Keihanshin Building Co., Ltd. |
Representative: | Koichi Minami, President |
Code No.: | 8818 TSE First Section |
Contact: | Junichi Tada, |
Managing Executive Officer | |
responsible for Administration | |
(TEL: 06-6202-7333) |
Notice Concerning Identification of Materiality
Keihanshin Building Co., Ltd. (the "Company") hereby announces that it has identified materiality (key sustainability issues) to continuously enhance its corporate value and realize sustainable society as follows.
The Company continues to identify specific initiatives and KPIs to address materiality, and will announce any updates as and when they occur.
In addition, the Company will, in light of a changing external environment, regularly check and review materiality and promote effective initiatives.
1.Materiality
The Company has identified issues to be addressed with high priority as materiality from among those of high importance for continuous growth.
ESG | Theme | Materiality |
Environmental | Balancing between a rich environment in the future and business activities | Strengthening of resilience to climate change |
Sustainable use of resources by measures to reduce the burden on the environment | ||
Social | Provision of optimal space keeping abreast of changing external environment and times | Provision of safe, secure, and comfortable space |
Promotion of the business keeping abreast of changing environment and times | ||
Co-existence and co-prosperity with stakeholders | Conduct of constructive dialogue with investors and shareholders in line with the sustainable management | |
Collaboration with partner companies conscious of ESG issues | ||
Co-existence and co-prosperity with local communities | ||
Establishment of the organization where diverse human resources achieve their potential | Respect of human rights, diversity and inclusion | |
Improvement of human capital | ||
Governance | Reinforcement of the management base that supports the sustainable management | Financial strategy to adapt to a changing business environment |
Strengthening of organizational resilience | ||
Improvement of the effectiveness of the Board of Directors | ||
Implementation of compliance that supports the sustainable management |
2.Processes for Identifying Materiality
(1) Identification of social issues
With the aim of identification of materiality, taking into consideration of the management policy based on corporate philosophy and code of conduct, the Company examined a wide range of issues, including SDGs and other various international frameworks, various issues focused on by ESG rating agencies such as MSCI and FTSE, and other companies' initiatives, and identified potential social issues that the Company should address.
(2) Collection of comments on the identified social issues and examination of their relevance The Company collected internal comments on the identified social issues at all levels (i.e., the management team, the Sustainability Committee, departments and groups, and employees), and conducted interviews with stakeholders and questionnaire surveys of external experts. Then, the Company analyzed those issues from the ESG perspective and examined their relevance.
(3) Examination of how important and comprehensive those issues are as those to be addressed by the Company
After further examining, at all internal levels, how important those social issues whose relevance the Company had examined are in terms of its long-term management and whether they are comprehensive and consistent with the issues facing society as a whole, the Company classified them into five themes and summarized them into 13 aspects of materiality.
(4) Identification of the Company's materiality
The Company identified its materiality through deliberation at the Management Meeting and the Board of Directors meeting.