Sojitz Corporation

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Social

Community

Policy and Basic Approach

The economic activities of companies, such as business operations and raw material harvesting and processing, have a significant impact on local communities. Accordingly, the social responsibility of companies is becoming increasingly important.

Sojitz recognizes that coexistence with local communities is critical as we conduct our businesses. We have therefore set “developing and growing together with local communities” as one of our Key Sustainability Issues (Materiality), and we promote businesses that grow together with local communities. Through our businesses, we work to reduce the environmental and social impact on local communities, and we will continuously communicate with local communities to pursue sustainable business, work to solve issues with local communities, and support education initiatives for younger generations.

Sojitz’s contributions to communities include those conducted through our business activities and those conducted through social contribution activities.

Mine Closure: Policy and Basic Approach

In its mine development and operation business, Sojitz gives due consideration to environmental protection, health and safety management, and contribution to local communities. Mine development entails various risks, but it is our policy to proceed with projects only after internally verifying that sufficient pollution and accident prevention measures are in place. This allows us to prevent risks before they materialize. Even after the mine is in operation, we work to ensure that it operates continuously with thorough safety and health management processes.

We also strive to reduce environmental impact and promote environmental conservation through measures such as mine rehabilitation for all mines as necessary.

Social Contribution Activities: Basic Approach

The Sojitz Group Corporate Statement states that “Sojitz Group creates value and prosperity by connecting the world with a spirit of integrity.” Sojitz Group aims to realize a sustainable society based on this statement. As members of society, each individual employee will strive to address social issues through Key Sustainability Issues (Materiality)-based activities.

ご参照Key sustainability Issues (Materiality)

Goals and Targets

Medium-term Management Plan 2023

Sojitz has set three areas of focus in Medium-term Management Plan 2023. We expect that each area will contribute to communities, and we will deepen our efforts to this goal.

  • Focus Area 1:Essential infrastructure services associated with population and economic growth
  • Focus Area 2:“Market-oriented” approach in growth markets such as Vietnam and India
  • Focus Area 3:Material and circular economy leading to future decentralized and circular communities

Medium-term Management Plan 2023

Medium-term Management Plan 2023

Medium-term Management Plan 2023—Start of the Next Decade—

Systems

The Sustainability Committee is responsible for discussing the formulation of company-wide policies and goals regarding sustainability—including for local communities, establishing and maintaining systems to put these policies and goals into practice, and monitoring various measures using the ISO14001 management system. The Sustainability Committee reports to the Management Committee and Board of Directors and receives instructions and direction from the Board of Directors.

The Sustainability Committee formulates company-wide policies and targets regarding sustainability, including for coexistence with local communities. It also establishes and maintains systems to put these policies and targets into practice, and monitors various initiatives using the ISO14001 management system.

Additionally, the Finance & Investment Deliberation Council checks individual proposals for their relevance in terms of environmental or social (human rights) risks and sustainability. The Corporate Sustainability Office is responsible for monitoring the policies and targets formulated by the Sustainability Committee, as well as environmental and social (human rights) risks.

Sustainability Committee Members(Current as of April 1, 2022)

Asterisk (*) indicates a Representative Director

Committee Chair
  • CEO*
  • Members
  • Executive Vice President*
    CFO
    Executive Management of General Accounting, Business Accounting, Finance, IR, Financial Solutions
  • Executive Vice President*,
    Advisor to the President
    Executive Management of Business Group (Automotive, Aerospace & Transportation Project, Infrastructure & Healthcare), and East Asia region
  • Executive Vice President,
    CISO
    Executive Management of Legal, Internal Control Administration, ERP Transition
  • Senior Managing Executive Officer,
    Executive Management of Business Group (Metals, Mineral Resources & Recycling, Chemicals, Consumer Industry & Agriculture Business, Retail & Consumer Service)
  • Managing Executive Officer,
    COO, Human Resources Department, General Affairs & IT Operation Department
  • Executive Officer,
    CCO
    COO, Legal Department, Internal Control Administration Department
  • Executive Officer,
    COO, PR Department, Risk Management Department
  • Executive Officer,
    COO, IR Office
  • Executive Officer,
    COO, Corporate Planning Department, Corporate Sustainability Office, Portfolio Transformation Office
  • Observers
  • Corporate Auditor
  • General Manager, Corporate Planning Dept.
  • Secretariat
  • Corporate Sustainability Office
  • Systems to Promote and Implement Sustainability

    Systems to Promote and Implement Sustainability

    ご参照Systems to Promote and Implement Sustainability

    Risk Management Systems

    Managing Environmental Risk for new Investment & Loan Projects

    Prior to deliberating on new investment and loan projects, we require the department applying for investment and loan approval to complete an “Environmental and Social Risk Checklist.” Using the checklist, the department confirms that they have conducted the required due diligence and taken all necessary measures to deal with potential risks, such as impacts on local communities and labor safety.

    Monitoring Existing Businesses

    Through external and internal analysis, Sojitz Group (including consolidated subsidiaries and equity holding companies), in cooperation with business partners, identifies business fields that pose a high risk to local communities, and identifies where environmental and social issues are generally prone to occur throughout entire supply chains from upstream to downstream. We then investigate the supply chains of Sojitz Group’s businesses to confirm where those points exist. Based on the opinions of third-party experts, we implement the PDCA cycle for actions taken to address risks. We will also strive to ensure that awareness of risk remains high, and we plan to strengthen our efforts to identify new risks.

    Initiatives

    Overseas Industrial Park Business

    To support Japanese companies in setting up overseas operations, Sojitz Group is focusing on the industrial park development business, mainly in Asia. In this business, we not only develop and sell industrial parks, but also provide reliable basic infrastructure such as electricity, water, and sewage systems, and are expanding and enhancing various services, including logistical and IT support, for companies entering the market. In addition, we play a part in the economic development of relevant countries through job creation and technology transfer. Through the continuing expansion of this business, we will contribute to the growth of industry in these countries.

    ご参照Sojitz Group to Expand Deltamas City’s (*Kota Deltamas) Industrial Park in Indonesia

    ご参照PanaHome Corporation and Sojitz Group Announce Joint Venture to Build Sustainable Smart Town, Kota Deltamas

    Participation in Operations of an International Airport to Aid Sustained Development in Palau

    Palau receives about 130,000 tourists annually, and with this number on the rise, the country’ s sole international airport, Palau International Airport has grown in importance. To redevelop this national-level transportation infrastructure, Sojitz set up Palau International Airport Corporation together with the government of Palau in August 2017, through an intermediate holding company established jointly by Sojitz and Japan Airport Terminal Co., Ltd. We also concluded a 20-year contract with the government at that time, entrusting us with refurbishing and expanding the airport terminal, as well as managing its operations.

    We will leverage our partner company's airport industry knowledge and network, as well as their expertise in managing passenger terminals to enrich commercial facilities and improve passenger services and convenience. We will also take an active role in making policies to promote tourism and strive to contribute to sustainable economic and social development in Palau, where tourism is the key industry.

    Palau International Airport (Concept art of the completed airport)
    Palau International Airport (Concept art of the completed airport)

    ご参照Sojitz and Japan Airport Terminal Join Project to Manage Operations at Palau International Airport

    Indian Railway Project

    Sojitz is working to construct a dedicated freight corridor between Delhi and Mumbai together with India’s largest general contractor. The railroad is expected to contribute to India’s economic development by transporting cargo between Delhi in the northern part of the country and the city of Mumbai in the western part of the country, which is undergoing rapid economic growth. In addition, more than 250 Japanese companies have sites in the vicinity of the planned route, and the corridor is expected to contribute to the local business of Japanese companies.

    At the track laying site
    At the track laying site

    ご参照Delhi-Mumbai Dedicated Freight Corridor Project in India

    Hospital Project in the Republic of Turkey

    Sojitz is involved in a hospital project in the Republic of Turkey. In 2017, Sojitz Corporation announced participation in a hospital project in Turkey via a wholly owned subsidiary. Together with Ronesans, Sojitz will construct, operate and manage the Ikitelli Integrated Health Campus (Location: Istanbul, Turkey; the number of beds: 2,682; “Ikitelli IHC”). The Ikitelli IHC will be one of the largest hospital complexes in the world, and the sole hospital facility managed in part by a Japanese company.
    In response to Turkey’s hospital bed shortage, the Ministry of Health is planning to build 40,000 beds worth of public hospital facilities through public-private partnerships (PPP). As an “integrated health campus”, Ikitelli IHC will include a general hospital, a cardiovascular hospital, an oncology hospital, a women’s hospital, a children’s hospital, and a neurology and orthopedics hospital. This makes it one of the largest integrated projects in the world as well. The hospital serves as a last line of defense to prevent the collapse of Turkey’s healthcare system.

    Concept image of the completed facilities

    ご参照Turkey Hospital Project

    Social Contributions

    Support for Reconstruction after the East Japan Earthquake through Our Business Activities

    SOFCO Seafoods Inc.’s Otsuchi plant in Iwate Prefecture suffered large-scale damages in the disaster and was forced to suspend its manufacturing operations. With the support of its affiliates, SOFCO built a new plant in Kamaishi and resumed operations from March 2012. In addition to revitalizing the regional community, rebuilding the SOFCO plant has contributed to reconstruction and job creation on the coast, where the fishing industry is the main industry. SOFCO is working to rebuild its business, which is centered around its main product of salmon flakes.

    東日本大震災への事業を通じた復興への取組み

    ご参照SOFCO Seafoods Inc. Begins Production in Kamaishi City

    Other Social Contribution Activities and Disaster Relief

    Below are examples of Sojitz’s social contribution activities and disaster relief efforts.

    ご参照Social Contribution Activities during the COVID-19 Pandemic

    ご参照Social Contribution in Vietnam

    ご参照Blind Football

    ご参照Social Contribution in Areas of Business

    ご参照Support for Reconstruction after Earthquakes

    ご参照Sojitz’s Employee Volunteer Activities

    ご参照Education Initiatives for the Next Generation

    ご参照Sojitz Foundation

    ご参照Nagaoka Zen Training Center

    ご参照Sojitz Onigiri Action

    Performance

    Disaster Relief Activities and Donations

    Disaster (Time of occurrence) Donations (*)
    Relief Aid for Damage Caused by the July 2020 Kyushu Floods (July 2020) Donated ¥5 million
    Relief Aid for Damage Caused by Typhoon Hagibis (October 2019) Donated ¥5 million
    Relief Aid for Sulawesi Earthquake and Tsunami (October 2018) Donated IDR 500 million (about ¥3.75 million) together with Sojitz Indonesia
    Relief Aid for Earthquake Damage in Eastern Iburi, Hokkaido (September 2018) Donated ¥3 million
    Relief Aid for Heavy Rain Damage in Western Japan (July 2018) Donated ¥10 million
    Relief Aid for Earthquake Damage in Kumamoto (April 2016) Donated cash, drinking water and other supplies totaling ¥10 million on behalf of the Group
    Relief Aid for Areas Damaged by Tropical Storm Etau (September 2015) Donated ¥1 million
    Assistance for Earthquake in Nepal (April 2015) Donated ¥1 million
    Assistance for Earthquake Stricken Areas in Yunnan Province, China (August 2014) Donated ¥1 million
    Relief Aid for Typhoon Damage (Typhoon Haiyan) in the Philippines (November 2013) Donated ¥10 million on behalf of the Sojitz Group
    Relief Aid for New York City (for Victims of Hurricane Sandy that Hit the United States) (November 2012) Donated $50,000 (equivalent to ¥4.2 million) on behalf of the Group
    Thailand Flood Damage (August 2011) Donated cash and relief supplies totaling ¥10 million together with Sojitz Asia and Sojitz (Thailand)
    Great East Japan Earthquake (March 2011) Donated ¥100 million
    Christchurch earthquake (February 2011) Donated ¥1 million together with Sojitz New Zealand
    Brazil Flood Damage (January 2011) Donated ¥3 million together with Sojitz do Brasil
    Queensland, Australia Flood Damage (January 2011) Donated A$100 thousand (about ¥8.3 million) together with Sojitz Australia
    China Landslides (August 2010) Donated ¥1 million together with Sojitz (China)
    Pakistan Flood Damage (July-August 2010) Donated ¥1 million
    Earthquake in Qinghai Province, China (April 2010) Donated ¥1 million, plus ¥200 thousand from employees of Sojitz (China)

    * Cash donations are given to the Red Cross in each country and to NGOs working in the disaster areas.

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