Sustainability Direction, Structure, and Targets
The Concept of Sustainability in Mandom Group
Mandom Group's business activities are premised on the basis of sound and sustainable "environment (E)" and "society (S)." However, we are confronted with various issues that have begun surfacing, such as climate change, declining biodiversity, marine plastic pollution and human rights issues in supply chains, which should be addressed appropriately by maintaining solid "governance (G)" that supports the company. Mandom upholds "social responsibility & sustainability" as its philosophy, which itself is equivalent to sustainability of Mandom Group. To solve social and environmental issues, we will adhere to sustainable management (ESG management + SDGs management), working out sustainability policies and identifying material issues (materiality) in sustainability to provide further Dedication to Service (Oyakudachi) to consumers and create new corporate values through business operation.
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Sustainability Policies
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We will promote unique sustainable management that ensures both enrichment on an everyday basis
and
solution of social issues through our concepts of Health, Cleanliness, Beauty and Fun. |
Themes of Unique Sustainable Management
| Theme | Description |
|---|---|
| Creating strong ties with consumers by strengthening/expanding Dedication to Service |
We will focus on two aspects of Dedication to Service, that is, maximizing satisfaction of consumers and increasing contact with them, by creating unique new value and providing this to consumers through products, communication and distribution. |
| Training human resources that form a society, promoting active engagement of a diverse cohort of employees |
We will train all employees to be diverse "human assets," who should take an active part in rewarding work and contributing to the corporate future and society through Dedication to Service. |
| Contributing as good corporate citizens to a sustainable society | We will dedicate ourselves to the realization of a sustainable society by analyzing the impact of all our business activities, including supply chains, as well as products and services, on the global environment and society from a long-term perspective. |
| Taking measures to be a going concern | Through social responsibility & sustainability, we will continue to develop as a company that is recognized by all stakeholders for its value, with the dynamism to survive in any era. |
Relationship between the 4 themes
Creating strong ties with consumers by
strengthening/expanding Dedication to Service
Training human resources that form a society, promoting active engagement of a diverse cohort of employees
Contributing as good corporate citizens to a sustainable society
[The last theme is the basis on which three other themes will be developed in a medium- to long-term plan] Taking measures to be a going concern
Process for identifying and reviewing material issues pertaining to sustainability (materialities)
Mandom formulated a Sustainability Policy in FY 2021 and identified key sustainability issues (materialities). In preparation for the 14th Middle-Range Planning (MP-14: April 2024 - March 2028), we are reviewing these materialities from the perspective of major risks and opportunities associated with changes in the external environment. The materiality identification and review process is as follows:
Material Issues (Materiality) in Sustainability
| Materiality | Comittment | Related SDGs |
|---|---|---|
| Future challenges to be addressed by taking advantage of our strength and creating values | ||
| Creating an easy-to-start grooming culture | Based on our original concept of "Health, Cleanliness, Beauty and Fun," that is, the basic parts of "Health, Cleanliness and Beauty" combined with "Fun," we will offer unique, one-of-a-kind products and services, thereby providing excitement and exhilaration and helping consumers, who have diverse values, be who they want to be. |
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| Expanding Dedication to Service to a diversity of consumers | We will respond appropriately to changing senses of consumption behavior of consumers and maintain an environment in which consumers can look and choose the products and services that serve and satisfy a billion customers on earth. | |
| Realizing mutual growth of employees and the company | By investing in the growth of our employees, we maximize the performance of our "human assets" with their diverse individuality and strengths, thereby expanding the scope of our Dedication to Service (Oyakudachi) to all stakeholders. |
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| Issues to be addressed to realize a sustainable society and company | ||
| Actions for sustainable global environment | Switching over to a recycling-based society in our view, we will take measures to reduce our environmental burden at all stages of the life cycle of products, including less dependence on plastics. Regarding reduction of greenhouse gas emissions, we hope to realize virtually zero greenhouse gas emissions by 2050. |
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| Sustainable procurement of raw materials | We will procure palm oil, paper, etc. ethically. Our action ranges from protection of forests and biodiversity to execution of corporate social responsibility by sustaining natural and labor environments and respecting human rights throughout all supply chains. | |
| Maintaining/enhancing the corporate base | Our everlasting mission is expanding and strengthening our Dedication to Service, which is feasible on the assumption that we are a going concern. Besides ensuring safety and security, we will strengthen business systems based on our philosophy. |
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Medium- to long-term targets for key issues (materiality) in sustainability
The Company formulated its sustainability policies and identified materiality in FY2021 and has been promoting initiatives in this regard. However, no specific materiality-related evaluation indictors and targets had been disclosed previously, which was considered to be an issue. The ESG Executive Committee, which was newly established in FY2022, has scrutinized and consolidated the themes of initiatives, as well as deliberated and formulated medium- and long-term targets for the material issues (materiality) in sustainability. Moving forward, we will continuously review materiality-related matters in consideration of the latest social conditions as well as the opinions and expectations of our stakeholders, while reporting on our progress.
Click the following table to enlarge.
Mandom Group Sustainability Promotion System
This year, 2015, is a watershed year for international initiatives aimed at sustainable development, including
the Sustainable Development Goals (SDGs) for 2030, which were adopted at the UN Sustainable Development Summit
held on September 25, 2015, and are to be applied worldwide.
In April 2015, the Mandom Group established
a new CSR Promotion Division to specialize in strengthening the group's CSR promotion system, one of our key
action points for 2015. In April 2020, some functions of the CSR Promotion Division were incorporated into the
corporate planning function in order to respond to the increasing demands for companies in such areas,
including eco-friendliness, social contribution, and governance functions, and the ESG Planning Division was
newly established to handle the internal promotion of ESG and st rengthen ourcommunication of ESG outside the
Group.
To respond to a drastically changing business environment in a quick and flexible manner and to
practice sustainable management, Corporate Strategy Div., Corporate Administration Div. and ESG Promotion Div.
will be integrated into a newly established Corporate Planning Div.
In September, together as a whole the
Mandom Group declared support for the Ten Principles of the UN Global Compact by joining the compact. This
endeavor offers a new opportunity for each and every one of our employees to strengthen our relationships with
a broad range of stakeholders and allows them to share in the values of the international community toward
sustainable social development.
Strengthening Mandom's Sustainability Promotion System
We have established a Sustainability Promotion Committee, headed by the President Executive Officer with the aim of strengthening the sustainability promotion system. While developing our approach for promoting the sustainability of the Mandom Group and holding discussions with relevant departments at committee meetings and other meetings, we are strengthening our efforts to contribute to the sustainable development of society.
The Relation between ESG Efforts and Stakeholders
Mandom has been conducting dialogues with a wide range of diverse stakeholders since fiscal 2006 in order to
take their requests, hear their expectations, and reflect those in our business activities.
Stakeholders are diverse in terms of their expectations and demands on corporations, and their
prioritization of issues pertaining to sustainability. These differences depend on their standpoint,
principles, lifestyle, way of thinking, and other factors.
Based on one of the MANDOM PRINCIPLES of
"Consumerled Lifestyle Value Creation," we will continue to improve on the themes and details of initiatives
going forward while taking advantage of various opportunities enabling exchange of views and dialogue with a
wide range of people such as experts, research institutions, and groups.
Activities of the Sustainability Committee and associated committees
| Committee | FY2024 Themes |
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| Sustainability Committee |
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| ESG Executive Committee |
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| Quality Assurance Committee |
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| Occupational Health and Safety Committee |
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| Total Risk Management Committee |
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| Code of Conduct Promotion Committee |
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