Management System and Promotion Activities

We have organized the risks and opportunities the Teijin Group faces, and established a sustainable management base to promote CSR activities.

Management System

With the aim of achieving the sustainable development of its businesses and society, the Teijin Group has appointed a Chief Social Responsibility Officer (CSRO),* who oversees the Group's CSR activities. Under the guidance and supervision of the Board of Directors, the CSRO is promoting CSR activities that are integrated with the Group's business activities.

  • *Diversity and inclusion efforts are overseen and promoted by the Chief Human Resources Officer.

CSR-related policies and plans, as well as the progress of those plans, are discussed twice a year at meetings of the Group CSR Committee. Important CSR-related issues in each business group and at each Group company are confirmed via CSRO reviews, which are conducted once a year.

The status of those initiatives is deliberated by the organizations as mentioned below. The Board of Directors provides instruction on these efforts.

  • In terms of important operational risks, deliberations on basic plans and reports of their progress take place at the Total Risk Management (TRM) Committee. The details of these discussions are then reported to the Board of Directors (twice a year).
  • The CSRO reports the performance status of their duties to the Board of Directors (once a year).

The details of deliberations by the TRM Committee are shared with the Group CSR Committee and then reflected in the activities of each business and administrative division and in the short-term plans of these divisions in the following fiscal year.

Management System

Promotion Activities

We have organized the risks and opportunities the Teijin Group faces with the aim of contributing to the development of a sustainable world, and established a sustainable management base to promote CSR activities.
In order to implement the Teijin Group’s CSR activities in a unified and effective manner, a main division/organization in charge is specified under the supervision of the CSR Officer for each important CSR issue. This main division/organization then starts the PDCA cycle of planning medium- to long-term and single fiscal years (Plan), implementing this plan (Do), evaluating (Check), and improving (Action) to achieve ongoing improvement and enhancement of our CSR activities.

PDCA approach to CSR activities

PDCA approach to CSR activities

Group CSR committee

The Group CSR Committee meets twice a year and is chaired by the CSRO.

[Agenda items]

  • Sharing information on the status or response to important Group CSR issues and the progress toward achieving CSR goal
  • Identifying issues related to important Group CSR items and proposing solutions
  • Sharing details of TRM Committee deliberations and reflecting those details in the formulation of plans in the following fiscal year

In fiscal 2021, the Group CSR Committee invited external experts to share information regarding cyber security and the driving of innovation. In addition, the committee held discussions on a variety of initiatives to address important issues, such as establishing a structure to promote business aimed at reducing CO2 emissions, devising ways to approach targets to reduce Scope 3 CO2 emissions, creating supply chain BCPs/BCM to respond to complex disasters, and responding to revisions to foreign exchange-related laws.

Implementation of the CSRO Review

With regard to the Group's CSR activities, every year the CSRO conducts a review to confirm how each business group and Group company are responding to important CSR-related issues. The review also confirms the status regarding major law violations, incidents, and accidents.

The CSRO review conducted in fiscal 2021 confirmed that there had been no major law violations, incidents, or accidents during the previous fiscal year.

External Evaluations

Status of inclusion in SRI indices (as of August 2022)
The Teijin Group was evaluated on its initiatives for ESG to date, and for its transparency in information disclosure. As a result, we continue to be included in the following leading socially responsible investment (SRI) indices.

Inclusion in Socially Responsible Investment (SRI) Indices
  • Dow Jones Sustainability Indices
  • FTSE4Good Index Series
  • Ethibel Investment Register
Dow Jones Sustainability Indices
FTSE4Good Index Series
Ethibel Investment Register
Selected for the components of all five ESG Indices used in Government Pension Investment Fund (GPIF)
  • MSCI Japan ESG Select Leaders Index
  • MSCI Japan Empowering Women Index (WIN)
  • FTSE Blossom Japan Index
  • FTSE Blossom Japan Sector Relative Index
  • S&P/JPX Carbon Efficient Index
  • Note: The inclusion of the Teijin Group in the MSCI Index and the use of the MSCI logo, trademark, service marks or index names by the Teijin Group, are not attempts by MSCI and affiliated companies to sponsor, advertise or promote sales. The MSCI indices are the exclusive property of MSCI and the names and logos of MSCI and MSCI Indexes are trademarks or service marks of MSCI or its affiliates.
Received an AAA rating, the highest rating, in the MSCI ESG rating evaluation
As a company with excellent ESG initiatives, we have been selected for four programs
  • Company with Excellent Health Management
  • Nadeshiko Brand 2022 for promoting the active role of women in the workplace
  • Pride Index 2021
  • D&I Award