Sustainability

Way of thinking regarding Sustainability

Aiming for sustainable growth

In engaging in corporate activities, KONDOTEC recognizes that management that takes social sustainability into consideration leads to the sustainable growth of the Company.
We have hence identified material issues (materiality) that we should focus on for reaching the ideal form in 2040.

ENVIRONMENT

We make efforts for corporate activities rooted in environmental preservation and to provide products and merchandise which create a better environment.

GOVERNANCE

With maximization of corporate value, we have the system that reinforce and enrich corporate governance.

KONDOTEC REPORT

Integrated Report/Annual Report

Kondotec's Integrated Report / Annual Report is available here.

The process of identifying materiality

STEP 1
Listing our issues

In consideration of sustainability-related risks and opportunities that the KONDOTEC Group may face, we examined issues that could become challenges for the Group and extracted issues for each stakeholder with reference to various guidelines (IIRC, Guidance for Collaborative Value Creation*).

*IIRC: Framework within the International Integrated Reporting Council
*Guidance for Collaborative Value Creation: Guidance for information disclosure and improving quality of dialogue with investors

STEP 2
Judgement on the importance of each item

We evaluated the importance of issues identified in STEP 1 with the importance for stakeholders and the importance for the Group, and selected items of high importance as issues.

STEP 3
Identification of materiality

We report the order of priority among the key matters selected in Step 2 to the Board of Directors every year so that the Board of Directors can monitor (and closely check) the appropriateness of material issues. On the basis of the results of this, we have identified materiality in view of the value that we aim to create through the long-term vision VISION 2040.

Materiality

We decided on materiality as follows after the three steps.
We will link this materiality to sustainable corporate growth by incorporating it in the management strategy.

The ideal form Materiality Relevant SDGs
Contribution to the global environment (1) Business Activities Paying Attention to the Environment
Contribution to safe and secure communities (2) Procurement and Provision of High-Value-added Products, Merchandise and Services
Coexistence and development with local communities (3) Coexisting with local communities
Creation of an environment where diversity is respected and where all personnel can display their potential (4) Development of human resources and encouragement of  diversity, equity and inclusion
Creation of a workplace environment ensuring employees' health, safety and security (5) Promotion of Health Management and Occupational Safety  and Health
Building a robust management base (6) Enhancement of corporate governance
(7) Promotion of communication with stakeholders