Sekisui Chemical Group's Contributions to the SDGs through its Business
In its Group Vision statement, Sekisui Chemical Group has declared that it will contribute, through its primary business activities, to “improving the global environment” and “improving the lives of people around the globe”—that is, the resolution of issues called for in the SDGs.
In fiscal 2019, the Group then formulated its Group-wide long-term vision of itself for the year 2030.
Through reform and creation centered on ESG management, Sekisui Chemical Group will aim for two trillion yen in sales and 10% or higher in operating income ratio in fiscal 2030 in order to life infrastructure and create “peace of mind that continues into the future” toward the realization of a sustainable society. In each of the four residential (housing), advanced lifeline (social infrastructure), innovative mobility (electronics/mobility), and life science (health and medical) business domains, as well as the next frontier businesses that these domains inspire, we will work to solve environmental and social issues, create value that derives from “peace of mind that continues into the future,” and support life infrastructure.
By fiscal 2019, we had designated products that would to a high degree contribute to the resolution of environmental issues, and strove to create and expand markets where we should increase contributions so as to accelerate solutions to issues.
From fiscal 2020, we will work to realize our vision for 2030 by commencing action on “products to enhance sustainability” as a new product evaluation system that will work to create products that drive corporate growth while facilitating their popularity. Products that solve issues relating to both the natural and social environments are those items that help raise the level of sustainability for the environment and society. Without the companies that make the products, and the sustainability that comes from the products themselves, however, it will be impossible to sustain resolutions to issues. This is why we must move forward on a system to confirm and register the sustainability of companies and products, in terms of profitability, governance, the product manufacturing process and sustainable management, and the degree of customer satisfaction and other aspects, in addition to the high degree of contribution made to solving issues. While operations are set to commence following a detailed design of the system during fiscal 2020, we will continue to adopt the approach of contributing to the resolution of issues as Environment-contributing Products held since 2007 under the new system.
As far as our business domains are concerned, we are contributing to the achievement of SDG goals 6, 7, 12, 13, 14, and 15 as part of our contribution to "improving the Earth’s environment," as set forth in our Group Vision, as well as SDG goals 3, 9, and 11 in order to help with "improving life for everyone around the world," by creating products and services and expanding markets. We will continue to work with our stakeholders to resolve a wide range of issues based on these efforts.