Key sustainability Issues (Materiality)
To continue creating these “two types of value” in the future, Sojitz has determined 6 Key Sustainability Issues (Materiality) to focus on in our business over the medium- to long-term. Based on these issues, we are striving to integrate solutions to global environmental and social problems with our corporate activities and build systems for such integration.
How We Set Key Sustainability Issues (Materiality) and Reflect Them in Our Strategies
Our Process for Setting Materiality
In establishing Key Sustainability Issues (materiality), we determined sustainability issues to prioritize by analyzing the operating environment, including the Paris Agreement and SDGs; as well as the internal environment, by considering trading company businesses and the unique characteristics of Sojitz; in order to bring to light "risks" and "opportunities" for Sojitz. Furthermore, we brought in an outside expert and held Stakeholder Dialogue, including objective analysis of the validity of these analyses. After also considering the importance to stakeholders, we then defined Key Sustainability Issues and set concrete measures for sustainability goals.
Reflecting Materiality in Our Strategies
Sojitz’s Long-Term Sustainability Vision and Our Targets under Medium-Term Management Plan 2020, Based on Key Sustainability Issues (Materiality)
『Sojitz’s long-term sustainability vision leading up to 2050』
In April 2018, Sojitz announced the "Sustainability Challenge" based on consideration for the Paris Agreement *1 and the U.N.’s Sustainable Development Goals *2.
『Medium-Term Management Plan 2020 Targets』
We aim to create sustainable growth for both Sojitz and society by working to help achieve a decarbonized society through our business activities, and by responding to human rights issues, including those within our supply chains.
Additionally, we have set concrete targets to be pursued during Medium-Term Management Plan 2020, with the Sustainability Committee monitoring the progress and announcing results.
*1. Paris Agreement: An agreement within the United Nations Framework Convention on Climate Change (UNFCCC) adopted in Paris in 2015. The agreement calls on all participating countries and territories to set targets for reducing and controlling greenhouse gas emissions beyond 2020.
*2. SDGs: A set of global goals adopted by the UN in 2015 for achieving a sustainable world, intended to be achieved by 2030.