ESG Management Priority Themes (Materiality)
Identification of ESG management priority themes (materiality)
Basic approach
The Fuji Oil Group established ESG management priority themes (materiality) to contribute, through its business activities, to the sustainable development of society, its own sustainable growth and the creation of value for society. ESG management priority themes (materiality) contribute to two of the four activity areas for promoting ESG management*: “1. Creation of positive impact” and “2. Reduction of negative impact."
* Refer to the URL below for details of the four activity areas for promoting ESG management.
https://www.fujioilholdings.com/en/csr/approach/
FY 2020 ESG management priority themes (materiality)
The FY 2020 ESG management priority themes (materiality) are listed below. Please refer to the details on our basic approach, objectives and the status of initiatives concerning each ESG management priority theme.
| Category | Priority Area | ESG Management Priority Themes* | CxO in Charge | Detailed Page |
|---|---|---|---|---|
| Areas to create initiatives leading the industry, taking advantage of the business characteristics of the Fuji Oil Group | Foods Creation | Providing Solutions to Food Resources Shortage | CTO | https://www.fujioilholdings.com/en/csr/social/food_resources/ |
| Response to Excessive Sugar Intake Concerns | https://www.fujioilholdings.com/en/csr/social/carbohydrate/ | |||
| Reduction of Trans Fatty Acid Contents | https://www.fujioilholdings.com/en/csr/social/trans_fats/ | |||
| Sustainable Procurement (Main Raw Materials) | Sustainable Procurement of Palm Oil | CSO | https://www.fujioilholdings.com/en/csr/environment/palm_oil/ | |
| Sustainable Procurement of Cacao | https://www.fujioilholdings.com/en/csr/environment/cacao/ | |||
| Sustainable Procurement of Soybeans (including GMO issues) |
https://www.fujioilholdings.com/en/csr/environment/soy/ | |||
| Areas to be addressed as the basis of business activities | Assurance of Product Quality and Safety | Ensuring Thoroughgoing Food Safety and Quality | C“ESG”O | https://www.fujioilholdings.com/en/csr/social/food_quality/ |
| Occupational Safety and Health | Promoting Occupational Safety and Health | https://www.fujioilholdings.com/en/csr/social/safety/ | ||
| Climate Change | CO2 Emissions Reduction | https://www.fujioilholdings.com/en/csr/environment/co2/ | ||
| Conservation of Water Resources | Water Usage Reduction | https://www.fujioilholdings.com/en/csr/environment/water/ | ||
| Resource Efficiency and Waste Reduction | Waste Reduction | https://www.fujioilholdings.com/en/csr/environment/waste/ | ||
| Packaging Materials Reduction (including plastic trash issues) |
https://www.fujioilholdings.com/en/csr/environment/packaging_materials/ | |||
| Food Loss Reduction | Food Loss Reduction | CTO | https://www.fujioilholdings.com/en/csr/environment/food_loss/ | |
| Environmentally Friendly Manufacturing | Development of Manufacturing Methods with Low Environmental Impact | https://www.fujioilholdings.com/en/csr/environment/research_and_development/ | ||
| Diversity | Practice of Diversity Management | CAO | https://www.fujioilholdings.com/en/csr/social/diversity/ | |
| Risk Management | Effective Risk Management | C“ESG”O | https://www.fujioilholdings.com/en/csr/governance/risk/ | |
| Information Security Management | CFO | https://www.fujioilholdings.com/en/csr/governance/risk/#information | ||
| Governance | Group Governance | CSO | https://www.fujioilholdings.com/en/csr/governance/group_governance/ | |
| Improvement of Corporate Governance | CAO | https://www.fujioilholdings.com/en/csr/governance/corporate_governance/ |
* The differences between the FY 2020 and FY 2019 priority themes are: .
- Four new themes are identified as FY 2020 priority themes: "Response to excessive sugar intake concerns," "Reduction of trans fatty acid contents," " Packaging materials reduction (including plastic trash issues)," and "Food loss reduction." The other 15 themes continue from FY 2019.
- No theme identified as priority in FY 2019 was excluded from the FY 2020 priority themes.
Identification process of FY 2020 ESG management priority themes (materiality)
The Fuji Oil Group performs a materiality assessment once a year. We identified ESG management priority themes to be tackled in FY 2020 based on the input received during our dialogue with stakeholders. This included suggestions on new social issues. The ESG Committee selected the themes based on the materiality map and presented them to the Board of Directors for approval. In the materiality map, similar issues are evaluated as a group to make it easier for stakeholders to understand it. All issues plotted in FY2019 are included in the FY 2020 materiality map.
Identification process of FY 2020 ESG management priority themes (materiality)
Materiality map
* Biodiversity is included in the important perspectives for sustainable procurement.