The ADEKA Group Fundamental CSR Policy
The ADEKA Group contributes to the creation of a sustainable future by meeting stakeholders' expectations with technologies and reliability through fair and transparent corporate activities.
The ADEKA Group Fundamental CSR Policy expresses the basic stance of the Group to integrate management and CSR from the perspective of contributing to a sustainable future and continue to improve its corporate value to meet stakeholders' expectations. Guided by this Fundamental Policy, all ADEKA Group employees practice CSR, fulfilling the Group’s social responsibilities throughout the supply chain and providing value as a producer of materials that address a variety of social issues. We also respond to stakeholders’ evolving expectations, enhancing our corporate value by contributing to a sustainable society through our operations.
Decision-Making Process for CSR Priority Issues
Determined to achieve sustainable growth as a good corporate citizen, the ADEKA Group recognizes the importance of addressing social issues through its business activities and contributing proactively to the advancement of society.
To share this commitment Group-wide and execute these efforts as a team, the ADEKA Group has identified a series of CSR priority issues. The CSR priority issues were selected in light of their importance to internal and external stakeholders as well as to the Group’s business.
1
Extracting Potential CSR Priority Issues
Based on international guidelines, benchmark case studies, investment-related indexes, and internal interviews, thoroughly examine the ESG risks and opportunities in the corporate activities of the ADEKA Group and select 38 items.
2
Scoring and Visualizing the CSR Priority Issues
Through discussions in the CSR Committee, CSR Promotion Subcommittee, and internal divisions, sort the items based on the importance to the ADEKA Group's stakeholders on one axis and the importance to the Group's business on the other axis.
3
Identifying Priority Domains and CSR Priority Issues
Categorize the CSR priority issues according to each ESG aspect and each related priority domain.
CSR Priority Issues and KPIs
The Group identified seven CSR priority issues in four priority domains and specified a series of key performance indicators (KPIs) for realizing ADEKA VISION 2030. Going forward, the Group will use the KPIs in managing its business activities, as it strives to realize its targets.
| Priority Domains | CSR Priority Issues for 2030 | ||
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| KPIs in 2030 | |||
| E | Environment |
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| S | Better living conditions and communication |
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| Human rights and human resources |
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| G | Governance |
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■Eco-friendly products
ADEKA defines “eco-friendly products” as products that contribute to reducing environmental impact throughout all phases of their life-cycles, from resource gathering to final disposal.⇒ Currently 14 product lines
■ AIV(ADEKA
Innovative Value)
ADEKA certifies its products whose value is recognized by the public both in name and practice based on recommendations from external parties, net sales, profitability, etc.⇒ Currently 14 products
CSR Organization
In 2019, the ADEKA Group established the CSR Committee, a CSR decision-making body chaired by the president, and the CSR Promotion Subcommittee, which promotes Company-wide CSR initiatives. In April 2022, we established the Corporate Sustainability Department (Administrative Office) and the Carbon-Neutral Strategy Department with the aim of achieving further carbon neutrality and sustainable growth through sustainable management. We will accelerate our efforts by ambitiously integrating management and CSR.
Response to Various Initiatives
ADEKA has signed the United Nations Global Compact (UNGC), which covers 10 principles in four fields: Human rights, labor, the environment and anti-corruption, registered as a corporate participant on April 6, 2021. In tandem with this move, ADEKA joined Global Compact Network Japan, an association of Japanese companies and others that are UNGC signatories.
Educational and Training Initiatives to Raise Awareness within the Group
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■Questionnaire survey of ADEKA employees
To measure the effects of its SDGs measures and provide feedback for considering improvements, the Group circulated a questionnaire survey in December 2021. The survey gauged employees’ awareness of social issues and identified issues and key points for internal communications. -
■Dissemination and Penetration through the Portal Site
Introduce information such as case studies to connect business activities and sustainability, and also post articles explaining important terms such as ethical consumption and SDGs initiatives. -
■CSR training for managers
We conducted web-based training for all managers to deepen their understanding of the essence and fundamentals of CSR, the Group's CSR priority issues, and the integration of management and CSR (February-March 2022), as well as web-based training for all employees in administrative positions at Group companies (May-August 2022).