Materiality of Sustainability

Identifying materiality in ESG issues

At Akebono Brake Group, we identify materiality in ESG issues from the perspectives of sustainability and raising corporate value, and use this as a guide for specific initiatives.
In order to contribute to the achievement of the Sustainable Development Goals (SDGs) adopted at the UN Summit, we have identified materiality by extracting materiality elements based on social demands, including respect for the global environment and human rights, the level of interest and requests of stakeholders (customers, suppliers, shareholders and investors, our associates and their families, etc.), and appropriate corporate governance. Materiality will be reviewed periodically through deliberations by the Management Meeting and under the supervision of the Board of Directors.

Mapping materiality in ESG issues

As a result of discussions by the Sustainability Committee, we have established the following materiality map of nine items related to the environment and society, and a governance structure as the foundation for these items.

We have established the following vision of materiality in ESG issues and will work to achieve it.

	Materiality	Vision	Related SDGs items
Global Environment	Carbon neutral Resource conservation & environmental impact reduction (air, water, soil, chemicals, etc.)	We are committed to reducing our environmental impact and preserving the global environment 50% reduction in total CO2 emissions by 2030 (compared to 2013) (Scope 1 and 2) Carbon neutral by 2050 Continue to comply with laws and regulations concerning environmentally hazardous substances and to achieve zero violations
Products and Services	Providing useful products for society & environment Continuous improvement of quality management system Promotion of supply chain management	We will continue production under conditions that ensure the safety and human rights of our suppliers and our associates, and provide products and services that take into consideration the global environment and the safety of our customers. Meeting the requirements of society and customers in all stages of procurement, production, and product delivery Providing stable quality through continuous rule-based operations Sharing our company's materiality (significance) through the supply chain, and mutually promoting human rights, environment, and safety
Social Issues	Respect for human rights Diversity management Strengthening human resource development Strengthening relationships with stakeholders	Based on the premise of securing human rights throughout the supply chain, we will respect diversity, promote work-life balance through flexible work styles, and foster human resources capable of autonomous learning. Fulfilling our "responsibility to respect human rights" as required by the Guiding Principles on Business and Human Rights Creating new value and enhancing corporate value by promoting diversity Realization of an organization in which each associate can play an active role according to his or her work style Providing each associate with opportunities for learning and experience, with the aim of developing human resources and building an organization that will continue to support the company’s sustainable growth