CSR Management

Doi.jpg  Message from the head of CSR

Fiscal 2021 marks the final year of the initial three-year plan since the implementation of the Tosoh Group CSR Basic Policy. We are continuing to promote activities on a company-wide basis, led by the departments in charge, to achieve our key CSR goals.

During this period, we have actively participated in external initiatives, such as becoming a signatory to the UN Global Compact in April 2019 and endorsing the recommendations of the Task Force on Climate-Related Financial Disclosure (TCFD) in November 2019. Since the importance of addressing climate change has gained urgency, we will further raise the level of our internal awareness as well as our contribution to the SDGs.

Toru Doi
Director, Senior Vice President

  • CSR Basic Policy

    The Tosoh Group positions CSR activities at the core of its management and aims to realize its corporate philosophy by sharing and implementing the CSR Basic Policy throughout the Group.

    Tosoh Group CSR Basic Policy

    In order to realize our corporate philosophy, we share and practice the following basic policies.

    1. Contribute to the sustainable development of society through our business activities

    Through the deepening of our unique chemistry-based technologies and collaborative activities with our business partners around the world, we provide innovative and reliable products and services that help solve social issues and contribute to people's well-being.

    2. Ensure safe and stable operation

    We recognize that ensuring the safety and well-being of people involved in our business activities and stable operations are the most important management issues, hence we work assiduously to foster a culture that strengthens and secures our safety infrastructure.

    3. Develop and promote a free and open corporate culture

    By nurturing an open and people-friendly work environment that provides job satisfaction and respects human rights and diversity, we will realize a corporate culture that is full of vitality and in which employees and their families can take pride.

    4. Preserve the environment

    In addition to thorough management of chemical substances, we make continuous efforts throughout the value chain to minimize the impact of our worldwide business operations on the environment.

    5. Pursue integrity in corporate activities

    We work to maintain a global corporate group that is trusted by stakeholders through sincere and highly transparent corporate activities based on dialogue and collaboration.

  • CSR Promotion System

    The CSR Committee, chaired by the president of Tosoh Corporation, is composed of members of the executive board, heads of the administrative divisions at Tosoh’s headquarters, and chairpersons of the company’s other committees. The CSR Committee formulates CSR policies, manages the progress of work toward the key CSR goals, and reports these to the board of directors. In addition, the CSR Promotion Team has been established as a specialized department to assist the CSR Committee, organize the CSR Promotion Meeting and serve as administration for both.

    In fiscal 2021, the CSR Committee met twice—in August to deliberate on the results of important CSR activities in the previous fiscal year and in March to review the targets for the following fiscal year.

    In addition, in the third year since the formulation of the Tosoh Group CSR Basic Policy, we have worked to improve our response to Group companies and to further the internal implementation of the policy, while actively participating in external evaluations and disseminating the necessary information.

    In June 2021, we established the CO2 Reduction and Effective Use Strategy under the CO2 Reduction and Effective Use Promotion Committee. We also formed a Task Force under the committee at both our Nanyo and Yokkaichi Complexes in order to strengthen the implementation of our climate change response.

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  • CSR Materiality

    The Tosoh Group identified potential issues based on ISO 26000, GRI Standards, trends at other companies, and other factors. ISO 26000 is a globally recognized International Organization for Standardization (ISO) designation for organizational social responsibility, while GRI is an international standard for sustainability issued by the Global Reporting Initiative (GRI), a nongovernmental organization.

    In addition, we narrowed down the list of potential key issues by conducting an evaluation using a biaxial matrix. We plotted the importance of each issue to stakeholders on one axis and the importance of these issues to the Tosoh Group on the other.

    From deliberations conducted at a CSR Committee meeting held in August 2018, 18 issues were identified for the sustainable growth of society and the Tosoh Group.

    We established Key Performance Indicators (KPI) for the identified key issues and set medium-term targets for our CSR activities. We will continue to engage in CSR activities aimed at achieving these targets.

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