Sustainability management

Basic Concept

In March 2022, the Moriroku Group established a Sustainability Policy. This Policy outlines the role the Group should play in achieving a sustainable society. The Moriroku Group aspires to become a 400-year company that addresses social issues through business activities conducted with consideration for the interests of all stakeholders, while continuing to earn their trust, expectations, and support.
Furthermore, we will endeavor to enhance information disclosure from the three perspectives of "Environment," "Social," and "Governance" to enhance our corporate value.

The Sustainability Policy of the Moriroku Group

Based on our management principles, we, the Moriroku Group, and our stakeholders will co-create the value required by the new age and contribute to the sustainable growth of society.

  1. We will work to solve social issues beyond conventional business areas by leveraging the Group’s functions and resources to the fullest.
  2. We will aim for a sustainable mobility society through innovative manufacturing that contributes to carbon neutrality and the cyclical use of resources.
  3. We will contribute to the achievement of an ecological, recycling-based society by providing green chemicals throughout the entire supply chain.
  4. Based on a foundation that respects human rights, we will continue to create new value through an organization that pursues employee wellbeing and in which diverse personnel participate actively and work with satisfaction.
  5. We will nurture mutual trust via highly transparent and honest business activities, understanding the expectations and requests of society through dialogue with stakeholders.

Relationship with the Management Philosophy

In pursuing the realization of its management philosophy, the Moriroku Group has shared the values of a pioneering spirit and cooperation in unity, while emphasizing compliance, respect for people, customer satisfaction, and contribution to society. Guided by these principles, the Group has conducted its business activities for approximately 360 years.

Based on these fundamental principles, the Group will work to implement its new Mid-Term Management Plan while expanding its business domains and perspectives toward the future in order to achieve the vision it aims to realize by 2030. At the same time, the Group will pursue sustainable growth together with society. As a guiding framework for these efforts, the Moriroku.

  • Ideal Form in 2030 Medium-Term Management Plan

Sustainability Promotion System

Moriroku Holdings has established a Sustainability Promotion Division, reporting directly to the president, to oversee the Moriroku Group's sustainability initiatives. The Sustainability Promotion Division oversees the implementation of sustainability initiatives across the entire Moriroku Group. Additionally, two major operating companies (Moriroku Technology and Moriroku Chemicals) have set up a Sustainability Promotion Office under the direct control of the president to promote and disseminate activities within the organization. Moreover, Moriroku Holdings has established a Sustainability Committee, which the Sustainability Promotion Division serves as the secretariat for, with the objective of promoting and disseminating the activities of the Moriroku Group. The Sustainability Committee is responsible for formulating and monitoring policies and reporting to the Board of Directors. The committee is chaired by the president of Moriroku Holdings and, depending on the agenda, convenes the management and other members of each Group company, as well as outside directors and corporate auditors for discussions.

  • Sustainabirity Promotion Framework

Key Themes for Discussion at the Sustainability Committee (FY2024)

The Sustainability Committee discusses requests from the international community and stakeholders,as well as issues arising from changes in the business environment, and reports the outcomes of its deliberations to the Board of Directors. It also debates strategy and formulates concrete initiative plans for the resolution of issues faced by society and environmental issues in order to take sustainability management forward across the Group as a whole under the supervision of the Board of Directors. The
Sustainability Committee aims to strengthen our governance structure and to contribute to the achievement of a sustainable society.

  • Addressing Climate Change Issues
  • Supply Chain Management
  • ESG trends and response policy
  • Respect for human rights (human rights due diligence)
  • Forest creation in Tokushima

Most important non-financial KGI

The Moriroku Group has established priority actions and corresponding long-term targets to address the material issues it has identified. One of the medium-term targets back-cast from these long-term goals is to reduce GHG emissions by 45% compared with FY2019 levels by FY2027.

This medium-term target is also linked to the remuneration of directors, and under the commitment of the Board, the entire Group is working together to achieve it.

Most important non-financial KGI for FY2030

  • Most Important Non-Financial KGI fir FY2030