ESG and SDGs
Policy for ESG
Toyoda Gosei is taking the nine actions below as key efforts in the area of ESG (environment, society, governance) to achieve sustainable growth.
With the company creed of “Boundless creativity and social contribution,” we would like to contribute to a sustainable society through growth of the company. For that purpose we are taking initiative to resolve the global problems of society and the environment shown in the United Nation’s Sustainable Development Goals for international society by 2030. Specifically, through various business activities that we have advanced for the creation of a better society, such as providing airbags that reduce injuries during accidents and lighter weight parts that contribute to improved automobile fuel economy and reduced carbon emissions, we will meet the expectations of our stakeholders around the world, including customers, shareholders, investors, employees, and suppliers.
Materiality determination process
Step 1 Identifying issues
With reference to the Global Reporting Initiative (GRI) guidelines, we have thought about how we can contribute to achieving the 17 targets set in the SDG through the Toyoda Gosei Group business strategy, and the risks and opportunities associated with each of those businesses.
Efforts toward SDGs
Through its business activities, the Toyoda Gosei Group contributes to the achievement of the sustainable development goals (SDGs) that international society (all United Nations member nations) are targeting for 2030.
Step 2 Judging the importance of each element from internal and external perspectives
The issues for consideration identified in STEP 1 were placed on a materiality map. Based on interviews with experts and stakeholders, items placed in the “very high region” by either were judged to be issues of utmost importance.
Step 3 Materiality determination
The important issues identified in STEP 2 were investigated by a project team made up of people from relevant departments, and nine key issues were decided. This materiality is obviously of interest to and has a strong impact on stakeholders. These issues are positioned as important themes for the Toyoda Gosei Group as well.
Relationships with stakeholders
| Stakeholders | Declaration | Communication |
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| Customers | We will provide in a timely manner products and services with quality and prices that satisfy customers, based on research and development and manufacturing technology that anticipates future changes. |
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| Shareholders, investors | Our 2025 Business Plan clearly shows our medium- and long-term management targets and strategic policy for sustainable growth. |
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| Employees | We respect the individuality of each person while at the same time increasing our collective strength through teamwork, achieving a vibrant corporate culture with meaningful work based on labor-management trust and mutual responsibility. |
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| Suppliers | Based on open and equal relationships with suppliers, we strengthen each other’s corporate cultures, strive for management innovation, and raise the collective Group strength. |
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| Local communities | We contribute as a good corporate citizen to development of the economy and society through business activities rooted in each country and community and social contribution activities. |
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| National and local governments, industry organizations | We have built systems for strict legal compliance and thorough corporate ethics, and conduct our business activities with integrity. |
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