LOGISTEED Group Sustainability
- Management Philosophy
- Our Group's Stakeholders
- Basic CSR Policy
- Sustainability Promotion Structure
- Recognition of Social Responsibility: Material Issues
- Corporate Activities: Development of Focus Areas
- Review and Improvement: Information Disclosure and Communication
Management Philosophy
Under our group's corporate philosophy "to deliver high-quality services that will help make the world a better place for people and nature for generations to come," we have been promoting sustainability initiatives to contribute to the realization of a sustainable society.
Our Group's Stakeholders
The Group manages and maintains its business activities through interaction with our broad array of stakeholders including customers, investors, local communities, and local administrations.
Basic CSR Policy
Under the corporate philosophy, the Group promotes activities in line with the Basic CSR Policy with an aim to realize a sustainable society through communication with our various stakeholders and integrate sustainability and management.
| Recognize |
Recognition of Social ResponsibilityAccurately recognize changes in external environment as well as social/environmental issues and expectation |
|---|---|
| Act |
Corporate ActivitiesIdentify relevant issues, establish priorities for addressing issues, and act on them |
| Review and Improve |
Review and ImproveReview and Improve activities through proactive communication and stakeholder engagement |
Sustainability Promotion Structure
In order to promote sustainability on a group-wide level, we have set up the "Sustainability Promotion Committee," chaired by Executive Officer, General Manager of the Corporate Strategy Office, and holds meetings regularly.
Important agenda discussed in the meetings are submitted to the Executive Committee.
Recognition of Social Responsibility: Material Issues
The Group identified 15 material issues in FY2017 and developed four Focus Areas from CSV* viewpoint, but we reviewed the material issues in FY2021 in light of drastic changes in issues and management environment relating to sustainability. In doing so, we identified material issues not only from ESG perspective but also in consideration of their relevance to solutions for social issues in the logistics industry and the business strategy. As a result, we identified a total of 12 material issues including those with strong focus on business and those unique to logistics operations, which is a social infrastructure, such as "Prevent accidents during operation" and "Enhance disaster prevention/mitigation."
With the recognition of the identified material issues as the social responsibility that the Group should fulfill, we promote effective activities toward solving social issues.
*Creating Shared Value (CSV): Refers to practices that balance activities to create economic benefits with solutions to social issues, or management strategies to achieve them
Identification process
Step 1: Identify issues
- Understood issues of previous material issues identified in FY2017
- Identified ESG issues (SDGs, evaluation items by ESG rating agencies, disclosure guideline for non-financial information, material issues in the logistics industry, issues in our business strategy, strategic issues of corporate divisions)
- Created a list of material issues
Step2:Prioritized issues
- Assessed the importance for stakeholders(Assessment weight of each industry by ESG rating agencies, Issues considered important by institutional investors, Investor survey)
- Assessed the importance for the Company(LOGISTEED WAY, our business measures, ESG initiatives, Medium-to-Long-term environmental targets, etc.)
Step3: Check the adequacy
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Assessment by the management
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Assessment of material issues by the management
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Discussion at the management workshop based on the assessment result in 1
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Check of the adequacy by external experts
Interview by external experts about the assessment process and adequacy of material issues
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Check of adequacy and approval by the Board of Directors
Developed Focus Areas and KPIs based on material issues
Material issues
- Contribute to decarbonized society
- Contribute to recycling-oriented society
- Secure diverse human resources to support growth
- Realize safe, healthy and rewarding workplace
- Establish a responsible supply chain in which human rights are respected
- Governance and compliance
- Prevent accidents during operation
- Risk management
- Build and evolve resilient, sustainable logistics services
- Step up DX
- Establish business models through collaborative innovation
- Enhance disaster prevention/mitigation
Check the adequacy of material issues
In the material issues review conducted in FY2021, we carried out dialogue with external experts on identified processes and identified adequacy of material issues.
Corporate Activities: Development of Focus Areas
To decide specific activities for the issues that we should address with priority, out of the 12 material issues identified, we classified those related to value creation into three "Focus Areas"; and we classified those related to the business base, such as compliance and risk management, into "Supportive foundation for the Focus Areas." We also clarified the relation between the Focus Areas and SDGs.
Our Focus Areas
The Group is fully aware of the importance of achieving the Sustainable Development Goals (SDGs*), the universal goals the international community is aiming to reach by 2030.
Among the 17 SDGs the following eight goals are especially relevant to our Focus Areas. We will work with various stakeholders to do our part in achieving these SDGs as we move into high gear to reach our goals.
※ SDGs:Sustainable Development Goals
SDGs were unanimously adopted by 193 UN member nations at the UN Sustainable Development Summit held in September 2015. SDGs are essentially a universal call to action, involving both developing as well as developed countries, and a commitment to "leave no one behind."
Material Issues and KPI
We have set KPIs for 12 identified material issues based on the priority measures, etc. of the Mid-term Management Plan "LOGISTEED2024." We will promote group-wide initiatives to address issues, manage the progress of KPIs, promote information disclosure, and aim to realize a sustainable society through dialogues with stakeholders.
Integrated Report 2024 (P29-34) Material Issues and KPI (PDF format, 233kBytes)
Reference: Our Four Objectives and KPIs to FY2021
Review and Improvement: Information Disclosure and Communication
We will review and improve our activities through disclosure of ESG information based on material issues and dialogues with stakeholders. By repeating a cycle of basic policy for CSR promotion, we will promote effective activities toward a resolution of social issues and aim to realize a sustainable society.
Web publication policy
This website publishes the basic concepts, results of activities for FY2023, and future plans for sustainability of the Group for the purpose of creating understanding in stakeholders. For disclosure, comprehensive information is published on activities related to sustainability promotion centering on ESG. In addition, as for the booklet, non-financial information and financial information have been integrated and published as Annual Reports since 2016, but from the 2020 edition, the Integrated Report is being issued instead of the conventional Annual Report.
Reference guidelines in editing our website
- GRI (Global Reporting Initiative) "GRI Sustainability Reporting Standards (GRI Standards)"
- ISO26000