Sustainability Management: Our Approach and Structure
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Overview of Canon MJ Group Sustainability Activities
At the Canon MJ Group, we define material issues as key issues that need to be addressed immediately in order to maintain sustainable growth, and are implementing initiatives to meet the expectations and needs of our stakeholders.
We are also conducting social contribution activities aimed at solving social issues in areas where it is difficult for our businesses to reach.
By taking measures to address material issues and carrying out social contribution activities, we are working to put our corporate philosophy and Purpose into practice.
Sustainability Promotion Structure
The Canon MJ Group established the Sustainability Promotion Committee in February 2021 as a place for the consideration of measures to enhance corporate value by placing sustainability management at the core of management plans. Matters to be discussed and resolved by the Sustainability Promotion Committee are important topics that relate to the core aspects of management and are cross-organizational themes that span multiple other committees and divisions. Therefore, we determined that a system in which the committee operates under the direct supervision of the Board of Directors was necessary, and in April 2023, the committee, which had operated under the Management Committee, changed to be under the direct supervision of the Board of Directors. Important sustainability matters are deliberated by the Sustainability Promotion Committee and reported to the Board of Directors to receive opinions and advice, which is then reflected in subsequent initiatives.
In 2023, the Sustainability Promotion Committee convened four times. In addition to establishing the Purpose and implementing measures to instill it throughout the Group, the committee reviewed, made decisions on, and confirmed progress with KPIs for material issues, and also redesigned our social contribution activities.
Structure of the Sustainability Promotion Committee
- Committee chair
- President & Representative Director
- Committee vice-chair
- Executive officer in charge of group corporate planning
- Committee members
- Directors, directors of business units, and heads of related divisions
Major Initiatives of the Sustainability Promotion Committee
2021
- Established the Sustainability Promotion Committee
- Determined the sustainability management framework
-
Formulated the Environmental Vision 2050, 2030
Medium-Term Environmental Targets, and Environmental Policy - TCFD endorsement
2022
- Full-scale discussions on our Purpose
- Finalized our material issues
-
Explored, determined, and confirmed progress with KPIs for materiality issues
Conducted e-learning program to instill knowledge on our human rights policy
Established system aimed at realizing carbon neutrality - Considered and made decisions to join various ESG initiatives
- Began joint meetings with the Brand Strategy Committee
2023
- Moved under direct supervision of the Board of Directors
- Established our Purpose
-
Explored, determined, and confirmed progress with KPIs for materiality issues
Determined high-priority issues for human rights
Explored updates to our environmental targets -
Redesigned our social
contribution activities
2024 (Planned)
- Roll out measures to instill the Purpose
-
Explore, determine, and confirm progress with KPIs for materiality issues
Formulate KPIs for human capital and execute measures to achieve them
Increase engagement through conducting supplier questionnaire - Start new social contribution activities