Materiality for the TOSEI Group
The Tosei Group has identified key issues that should be prioritized for the enhancement of the Group's corporate value and the development of a sustainable society.
As the demand for companies to address social and environmental issues, including climate change, is certain to increase in the future, we will further accelerate our efforts to contribute to the resolution of social and environmental issues for the development of a sustainable society and to promote ESG management for the sustainable growth of the company.
- 1. Action on climate change and promotion of a circular economy
- 2. Environmentally friendly manufacturing and service provision
- 3. Healthy work environment that embraces diversity and individuality
- 4. High quality products and services that give safety and reassurance
- 5. Creation, rehabilitation and revitalization of local communities
- 6. Governance that promotes healthy corporate growth
- Materiality Identification Process
1. Action on climate change and promotion of a circular economy
- Coexistence with the environment
Major Opportunities
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Improvement of product and service quality (decarbonization, energy saving, resource saving, disaster prevention, etc.)
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Promotion of utilization of existing stock, waste reduction
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Visualization of performance through environmental certification, etc.
Major Risks
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Further progression of climate change, increase of natural disasters
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Cost increase due to GHG emissions, disasters, material shortages
Initiatives
Utilization of idle company housing
Utilization of renewable energy
Strengthening resilience
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Energy conservation and use of renewable energy |
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Disaster prevention and mitigation |
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Efficient use of resources |
Related SDGs
2. Environmentally friendly manufacturing and service provision
- Coexistence with the environment
Major Opportunities
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Improvement of product and service quality (decarbonization, energy saving, resource saving, disaster prevention, etc.)
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Promotion of utilization of existing stock, waste reduction
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Visualization of performance through environmental certification, etc.
Major Risks
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Decrease in relative product value
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Increased possibility of decline in market valuation
Initiatives
LED installation
Development of ZEH
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Improvement and visualization of environmental performance in both 'tangible' and 'intangible' aspects |
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Reduction of environmental impact in real estate revitalization and development |
Related SDGs
Related Links
3. Healthy work environment that embraces diversity and individuality
- Action to address social issues
Major Opportunities
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Develop and provide new products and services with diverse values and human resources
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Corporate growth through improved employee productivity and retention
Major Risks
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Occurrence of discrimination, harassment, etc.
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Loss of new business opportunities and outflow of human resources
Initiatives
Supporting Tokyo Rainbow Pride
Health promotion program
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Utilization of diverse human resources |
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Promotion of diverse working styles |
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Pursuit of job satisfaction |
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Respect for human rights |
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Promotion of mental and physical wellbeing |
Related SDGs
4. High quality products and services that give safety and reassurance
- Action to address social issues
Major Opportunities
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Improvement of quality of products and services
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Building good relationships with customers and suppliers
Major Risks
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Occurrence of accidents, health hazards, etc.
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Occurrence of occupational accidents in the supply chain
Initiatives
Quality Improvement Conference
Acquisition of ISO9001
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Safety and security of mind of customers |
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Safety and security of mind of employees and suppliers |
Related SDGs
5. Creation, rehabilitation and revitalization of local communities
- Action to address social issues
Major Opportunities
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Vitalization of local communities through business activities and real estate holdings
Major Risks
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Deterioration of public safety and local economy in the business area
Initiatives
Creation of local communities
Event at hotel
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Rehabilitation, creation and revitalization of local communities |
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Revitalization of local economies |
Related SDGs
Related Links
6. Governance that promotes healthy corporate growth
- Enhancing corporate governance
Major Opportunities
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Promote sustainable corporate management by enhancing management quality
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Enhance social credibility and become a company that has value to all stakeholders
Major Risks
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Loss of corporate value and social credibility, etc.
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Customer attrition, hiring difficulties, etc.
Initiatives
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Enhancement of corporate governance |
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Compliance |
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Strengthening risk management |
Related SDGs
Related Links
Materiality Identification Process
STEP01 General identification of social issues and their impact on our group (FY2022)
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We referred to various ESG guidelines on global issues and real estate industry issues (such as the GRI Standards and the Practical Guidance of the Ministry of Land, Infrastructure, Transport, and Tourism's Study Group for Promoting ESG Investment to Address Social Issues in the Real Estate Sector) as well as the SDGs and other frameworks to gain a broad understanding of social issues and we identified 64 social issues.
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We organized these issues based on their relevance to us and our business and their impact on us and our impact on them.
STEP02 More specific identification of social issues and implementation of internal survey (FY2023)
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Based on the two axes of impact on the Group and impact on society and environment, we combined the organized social issues into 15 key issues.
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For these 15 key issues, we conducted a survey (with the participation of Sustainability Committee members and Group company management) to sort out more concretely the opportunities and risks for the Group and the opportunities and risks for society and to identify the material issues the Group should address as a priority.
STEP03 Dialogue with internal and external stakeholders (FY2023)
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We reported the aggregated survey results to the Sustainability Committee for discussion.
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We asked third-party experts (CSR Design Green Investment Advisory, Co., Ltd.) for their opinion on the aggregated results and our proposed materiality.
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We prepared a materiality proposal based on the third-party expert advice.
STEP04 Identification of material issues (FY2023)
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We identified materiality for the Tosei Group.
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Following deliberations by the Sustainability Committee and Directors, the Management Meeting determined materiality for the Tosei Group upon confirming through discussion the comprehensiveness and validity of the themes which the Group should address.
STEP05 Review of materiality as appropriate (FY2024-)
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We will review our materiality whenever there is a change in the social situation or our business environment or whenever we update out management strategy, etc.
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