Materiality Determination

Tokuyama's Materiality

Socially responsible management plays a vital role in fulfilling Tokuyama’s newly redefined Mission. Based on the three priority issues that are the pillars of Medium-Term Management Plan 2025, our Vision is a clear statement of the“ Tokuyama of the near future,” which we will achieve through sustainable growth. The Vision is also closely related to the ten material topics we have established. Therefore, not only do our efforts toward these material topics contribute to SDGs, but they are also action plans aimed at the achievement of our Vision.
We have definded 9 material topics in 2019 based on important social issues, engagement with stakholders, and third-party opinions of exparts. In February 2021, we partially revised our material topics in line with the new Medium-Term Management Plan 2025, and formulated targets and KPIs for FY2025. We have added“ Promotion of physical & mental health” as a new material topic, explicitly stating that the physical and mental health of our employees is fundamental to achieving our Vision.
Tokuyama aims to solidify our trust relationship with society by strengthening our efforts in material topics (CSR priorities), while at the same time pursuing our own unique approach to socially responsible management.

Helping to fight global warming

Our FY2025 Vision

  • ・Achievement of carbon neutrality by FY2050

KPI

  • ・Reduction of total CO₂ emissions of Tokuyama Group:30%
    reduction in FY2030 (compared with FY2019)
  • ・Increased disclosure information, including Scope3

Developing products and technologies that address social issues

Our FY2025 Vision

  • ・Expansion of development of products and technologies that help to resolve social issues,focusing on SDGs

KPI

  • ・Promotion of development of products and technologies that help to resolve social issues,focusing on SDGs
    Environment: Creation of new technologies to reduce CO₂ emissions
    Electronics: Expansion of product line and creation of new business in peripheral materials
    Healthcare: Creation of new technologies for product line expansion and globalization

Preventing accidents and preparing for disasters

Our FY2025 Vision

  • ・Accident prevention and disaster preparation
  • ・Improvements in process safety management level
  • ・Fostering and improvement of safety culture

KPI

  • ・Zero accidents and zero lost time injuries; number of incidents: zero
  • ・Deepened risk assessment
  • ・Promotion of smart security

Conserving the environment

Our FY2025 Vision

  • ・Promotion of recycling and maintenance of zero landfill waste
  • ・Maintenance of low emissions of environmental impact substances
  • ・Compliance with legal requirements and other regulations, achievement of zero environmental accidents
  • ・Contribution to biodiversity conservation

KPI

  • ・Reduction of environmental impact:
    Effective utilization rate for waste ≥ 94%
    Zero waste emission rate ≥ 99.9%
    Maintenance of low emissions of environmental impact substances
  • ・Compliance with legal requirements and other regulations, achievement of zero environmental accidents
  • ・Contribution to biodiversity conservation

Improved chemical management and product safety

Our FY2025 Vision

  • ・Maintenance of appropriate chemical management and promotion of product safety in the Tokuyama Group

KPI

  • ・Compliance with chemical laws and regulations in each country:
    Zero infractions of chemical-related regulations
  • ・Risk management of chemical products, including Group:
    Zero accidents due to product safety

Promoting CSR procurement

Our FY2025 Vision

  • ・Management of supply chains based on CSR procurement guidelines

KPI

  • Promotion of survey and management of supply chains based on CSR procurement guidelines
  • ・More detailed investigation of suppliers by refining assessment sheet
  • ・Establishment of system to conduct on-site audits of suppliers
  • ・Reduction of environmental impact in logistics

Engaging with local communities

Our FY2025 Vision

  • ・Contribution to a decentralized society through business
  • ・Providing a place where people can grow and flourish

KPI

  • Harmoniously co-existing and cooperating with communities
  • ・Dialogue with community
  • ・Active participation and cooperation in various community (residents, government, and organization) events
    Solutions to community problems and contributions to sustainable development of community
  • ・Employment from community
  • ・Social contribution activities
  • ・Contributions to community through business

Developing human resources

Our FY2025 Vision

  • ・Development and strengthening of human resources as source of corporate competitiveness
  • ・Strengthening of human resources for next generation

KPI

  • Activation of human resources through career planning and rotation of appropriate personnel:Improvements in education system, etc.
  • ・Development of next generation of managers
  • ・Training of highly skilled engineers to support business execution
  • ・Enhanced initial training system by defining required human resources and job skills
    Establishment of culture of nurturing through work by linking goal setting and feedback: Surveys based on employee attitudes

Promotion of diversity and career fulfillment

Our FY2025 Vision

  • ・Acceptance and utilization of diverse human resources

KPI

  • ・Promotion of diversity and inclusion:
    Active promotion of women: 20% of new graduates, ≥2% of management positions
    Employment of persons with disabilities: ≥2.3%
  • ・Respect for diversity of experience and skills of each individual
  • ・Respect for diverse values
  • ・Promotion of work-life balance:
    Management of actual working hours per year: Annual paid leave rate ≥80%
  • ・Improved childcare and nursing care support systems:
    At least one male employee on childcare leave or parental leave ≥75% (women ≥75%)

Promotion of physical & mental health

Our FY2025 Vision

  • ・All executives and employees take an interest in maintaining & improving their health
  • ・Implement company-wide initiatives to create a vibrant workplace
  • ・Eliminate harassment by fostering good communication and mutual trust in the workplace

KPI

  • ・Promotion of health and productivity management:
    Leave rate: 0.5%
    Smoking rate: 15%
    Health consultation rate: 100%, etc.
  • ・Strengthen harassment prevention and response