Materiality
Purposes of identifying materiality
Our materiality issues link directly to our Vision, leading us to contribute to a sustainable society
In 2020, FSG identified nine materiality items that it should tackle to contribute to realizing a sustainable society and defined their connection with the SDGs.* In 2023, these materiality items were reviewed in cooperation with the outside directors from the perspective of whether they matched social requirements, resulting in updated qualitative and KPIs.
*SDGs: 17 Sustainable Development Goals set for 2030, included in a resolution adopted at the United Nations Sustainable Development Summit
The Group Sustainability Committee, established in December 2020, also takes part in promoting the materiality update process as the leader in FSG's sustainability management.
In addition, the FSI Sustainability Subcommittee supports the deliberations and activities of the Group Sustainability Committee and offers proposals to the committee.
[Group Sustainability Committee]
In charge of deliberating on ESG evaluation and analysis results submitted by an external evaluation organization and materiality update▶In FY2023, it met four times.
[FSI Sustainability Subcommittee]
In charge of drafting basic policies and managing and monitoring the progress of each measure▶In FY2023, it met 12 times to support various activities.
Latest update of the nine materiality issues
Development of people-friendly packaging materials
FSG aims to be a company that continues to be needed by society by providing value through packaging. We believe that it is important that our employees can realize their contribution to society by developing and providing people-friendly packages to our customers and carrying out product development and production with a sense of pride.
Sustainable growth
FSG believes that the growth of employees who will realize sustainable growth share our values is fundamental to our sustainable growth. Therefore, we actively introduce advanced technology to establish and improve our operational systems and working environment to ensure the safe and healthy lives of employees. We also provide employees with the opportunity to develop themselves under a fair and equitable evaluation system to enable them to continue to fully demonstrate their abilities. This is because we desire to continue to be a good partner for our customers and suppliers in furthering our ongoing mutual development. We strive to be an exemplar employer to all stakeholders.
Development of environmentally friendly products
FSG recognizes that environmentally friendly products and manufacturing are essential issues common to all humankind. Therefore, we aim to develop environmentally friendly products and endeavor to achieve environmental targets not only for FSG but also for customers through our business activities.
Speedy launch of newly developed products
One of FSG's strengths lies in the ability to combine packaging materials and machinery. The source of skills that support this strength is our capability to satisfy customer demand by combining various technologies and to evaluate and verify what we have done. This capability enables us to launch newly developed products in a short period of time.
Creation of next-generation businesses
FSG is constantly challenging the evolution of the packaging industry by creating new packages in response to changes in containers and distribution, including the world's first practical application of "20µm packaging material" and "biomass film." As technology evolves, it is essential to create next-generation businesses that maximize our strengths.
Open dialogue with stakeholders
FSG strives to increase its engagement with stakeholders through not only conventional financial disclosures but also non-financial disclosures. We place particular importance on strengthening our relationships of trust with stakeholders through dialogue to clearly understand the level of each stakeholder's expectations and to meet those expectations, thereby raising the stakeholders' awareness of the significance of our contribution.
Stable supply (including BCP)
FSG is engaged in businesses classified as essential, such as beverages, HPC (home personal care), and medical care. Since products in these businesses are indispensable to daily lives, we believe that it is our social responsibility to ensure a stable supply of these products both at ordinary times and during emergencies.
Fair and transparent transactions
FSG places an emphasis on performing transactions with our customers and business partners with peace of mind. We consider it important to realize fair and transparent transactions with business partners carefully selected from comprehensive perspectives based on respect, not only of prices but also quality management and quality assurance system, together with experience, past performance, social factors.
Promotion of information security measures
FSG protects and properly manages information provided by customers and business partners and employees' personal information. We also believe that it is important to eliminate the risk of cyberattacks to ensure business continuity.