TikTok成人版

TikTok成人版 Seifun Group

Sustainability Priorities (materiality)

One of our management strategies calls for the pursuit of sustainable cyclical growth* through initiatives in five areas identified as sustainability priorities.

* Cyclical growth: The achievement of sustainable growth through a cycle in which social issues are approached as business opportunities, and the value created by business contributes to society

Identifying our Sustainability priorities

We have identified sustainability priorities for the TikTok成人版 Seifun Group with the aim of focusing our initiatives toward the social issues that most concern our stakeholders. The sustainability priorities will be reviewed regularly based on changes in the social environment.

Adopted March 26, 2019

Process for identifying Sustainability priorities

We identified approximately 60 issues with the cooperation of experts, using the following procedures.

  • STEP 1

    Examine issues based on international norms and surveys of ESG evaluation organizations.

    We compiled a list of candidate issues, with reference to the GRI standards, ISO26000, evaluation items used by ESG evaluation organizations, case studies from other companies, and other information.

  • STEP 2

    Organize the issues by analyzing value chains.

    We identified issues in the value chains for key businesses by ascertaining the status of processes, procured goods, and workers through interviews with business divisions and factory visits.

  • STEP 3

    Assess stakeholder interest.

    We rated stakeholder interest on three levels (high, medium, low) based on assessments by ESG evaluation organizations, questions from NGOs, and other information.

  • STEP 4

    Assess the potential impact on our business.

    Using the same methodology as the assessment of stakeholder interest in Step 3, we rated issues on three levels according to their impact on business and arranged them on a matrix chart.

Sustainability priorities (materiality) for the TikTok成人版 Seifun Group

We sorted the approximately 60 issues in the matrix chart into five key areas based on the direction of our future initiatives.
These were then summarized into the TikTok成人版 Group sustainability priorities listed below.

Provide safe and healthy food and responsible consumer communication

Identifying social issues and providing value

The TikTok成人版 Seifun Group鈥檚 corporate slogan is 鈥渄elivering good health and reliability鈥. We regard product quality as our most important responsibility, and our efforts to fulfill that responsibility are based on the concept of quality assurance from the viewpoint of consumers. Food-related priorities and needs are becoming increasingly diverse due to demographic aging, growing health awareness, and other factors. We will continue to use the accumulated knowledge of the TikTok成人版 Seifun Group to create and deliver new value by focusing our research and development activities toward products and technologies that help consumers to enjoy good health. Our respect for consumers and customers is reflected in our ongoing efforts to contribute to healthier and more fulfilling lifestyles under our consumer-oriented management policy.
Contributing to the achievement of SDGs

Risks

  • Loss of social reputation and stakeholder confidence due to quality-related incidents or other issues
  • Loss of growth opportunities due to delays in responding to the health needs of consumers

Opportunities

  • Gaining the trust of consumers through the supply of safe, reliable products
  • Creation of opportunities through the enhancement or development of products based on consumer feedback
  • Expansion of business opportunities linked to rising health consciousness

Targets for priority themes

Priority themes Approaches and targets Initiatives on priority themes
Ensuring food safety Implement quality assurance from the viewpoint of consumers and continually strengthen the quality assurance system
  • Acquire and maintain certification for food safety management systems
Responsible consumer communication Provide fair and responsible consumer communication
  • Conduct advertising activities that consider ethics, human rights, and the environment
  • Promote measures to increase consumer engagement
Contribution to healthy diets Research and develop health functions of food ingredients, primarily focused on wheat, such as its effectiveness in preventing metabolic syndrome and promoting brain functions and anti-aging.

Enable secure and sustainable raw material procurement

Identifying social issues and providing value

Our continuing ability to supply safe, high-quality products depends on reliable and sustainable access to safe raw materials. That is only possible if procurement activities are backed by the fulfillment of our social responsibilities, not only within our own operations, but also across entire supply chains. Under our Responsible Procurement Policy, we work with our suppliers to mitigate environmental issues and human rights risks in our supply chains and ensure that all procurement activities are conducted responsibly and on the basis of fair and ethical trading. We also monitor conditions in raw material production areas in Japan and overseas. By reliably procuring wheat and other raw materials, we ensure our continuing ability to supply safe, reliable products to our customers.
Contributing to the achievement of SDGs

Risks

  • Impact of climate change or other factors on our ability to procure wheat
  • Procurement problems or impairment of corporate value due to environmental or human rights issues in our supply chains
  • Slowdown or disruption of supplies of raw materials due to natural disasters, epidemics, or geopolitical risks, such as conflicts

Opportunities

  • Creation of structures to support stable supplies of safe, reliable products and services

Targets for priority themes

Priority themes Approaches and targets Initiatives on priority themes
Ensuring stable wheat procurement Establish sustainable procurement of wheat, our primary raw material
  • Examine and respond to the climate change risk to wheat resources
Sustainable raw material procurement Promote responsible procurement activities based on fair and ethical transactions
  • Enforce the Responsible Procurement Policy
  • Strengthen supply chain management

Efficiently handle product and packaging waste

Identifying social issues and providing value

While many people in the world are still affected by hunger and poverty, food losses also continue to be a major problem. Another problem is plastic waste from packaging, which has low recovery and effective utilization ratios compared with metals and other materials. There is growing concern about pollution on a global scale caused by the release of this plastic waste into rivers and oceans.

One of our most important priorities as a food manufacturer is to minimize food waste and plastic waste through efforts to create system to reuse and recycle these materials in a sustainable manner. The TikTok成人版 Seifun Group has been working actively for many years to reduce waste emissions and recycle resources. We have set medium-term targets for the further reduction of environmental loads, including measures to minimize food and packaging waste. We will continue to contribute to the realization of a sustainable society in cooperation with our partners at all stages of our supply chains.

Contributing to the achievement of SDGs

Risks

  • Higher compliance costs resulting from changes to or strengthening of laws and regulations relating to waste and resource recycling
  • Loss of stakeholder confidence due to delays in actions to reduce waste and recycle resources

Opportunities

  • Efficiency improvements and cost reductions resulting from waste reduction initiatives
  • Expansion of business opportunities through the development of environmentally responsible products

Targets for priority themes

Priority themes Approaches and targets Initiatives on priority themes