Materiality
Through dialogues with its stakeholders, the COMSYS Group has identified material issues that it must address to meet the expectations of stakeholders and the demands of society.
Going forward, we will accelerate our management strategy and contribute to the creation of a sustainable society through our response to these material issues.
Process for Identifying Material Issues
The COMSYS Group has identified five material issues that are important to society, and that the Group should focus on. We regularly review these material issues, taking into account the business environment and social conditions, along with the issues set out in our medium-term management plan.
01. Contributing to local communities through engineering and innovation
Solve social issues and contribute to the development of local communities through our business. Aim to grow our business by responding swiftly to changes in society and taking on the challenges of addressing new needs.
- Obsolescence of engineering capabilities and decrease in opportunities to receive orders due to changes in market needs
- Decline in reliability and decrease in opportunities to receive orders due to inability to respond to regulatory and construction needs
- Expansion of our track record in supporting Japan's telecommunications infrastructure and increased level of trust from customers
- Expansion of peripheral businesses due to the diversification of market needs, contribution to the digital transformation (DX) of society, and growth of the company itself
- Push ahead with businesses that respond to the needs of our diversifying infrastructure society
- Develop new technologies and business fields through co-creation with new partners
- Drive business development in partnership with local communities through engineering
- Drive businesses relating to disaster prevention and mitigation for increasingly severe disasters
- Solve social issues and contribute to local communities through our business
- Develop new technologies and implement business reforms
02. Engaging in environmental conservation
Engage in environmentally friendly management, such as reducing greenhouse gas emissions, and aim for sustainable development through the effective use of resources, supporting the affluent lifestyles of the next generation.
- Short-term increase in costs due to energy-saving and GHG reduction measures
- Decrease in reliability and damage to brand and corporate value due to delays in environmental response
- Increased business opportunities and improved reliability due to increase in demand for renewable energy
- Improved operational efficiency and long-term cost savings through progress in decarbonization
- Improved reliability and reputation as a company committed to environmental conservation, leading to an increase in corporate value
- Drive renewable energy generation business and facility construction
- Advance initiatives within the Group to achieve carbon neutrality
- Drive initiatives for resource recycling
- [Scope1 and 2]
FY2030: 42% reduction (baseline: FY2020)
FY2050: carbon neutrality - [Scope 3]
FY2030: 25% reduction
(baseline: FY2020)
- Advance considerations to further reduce GHG emissions
- Engage in corporate activities with consideration for the global environment of the future
03. Human resource utilization and work style reforms (improving engagement)
Respect human rights in all business activities and respect the rights of all stakeholders. Promote diversity with the aims of securing excellent human resources and achieving organizational growth. Help employees acquire skills and achieve wellbeing through a variety of work styles.
- Social criticism and legal problems caused by lack of respect for human rights
- Decline in competitiveness due to difficulty securing excellent human resources
- Strengthen competitiveness by securing excellent human resources
- Strengthen competitiveness through diversity of human resources and flexibility of work styles (promote innovation, increase productivity)
- Strengthen competitiveness through advanced technological capabilities that anticipate market needs and new technologies
- Recruit and utilize diverse human resources (external human resources, women, etc.)
- Raise awareness and enlighten all employees with regard to respect for human rights
- Expand human resources development programs, provide reskilling and recurrent education
- Expand personnel systems in line with the times and promote a healthy work-life balance
- Reform construction methods and business processes through digital transformation (DX)
- Ratio of female new employees: 30% or higher
- Improve employee satisfaction (engagement) evaluations
04. Pursuing safety and security and ensuring compliance
Prioritize the safety and security of all stakeholders as a responsible company. Practice health and productivity management to enable employees, who are key to our corporate activities, to play fully active roles.
- Decreased reliability due to accidents and disasters caused by insufficient safety management
- Decreased productivity and weakened organization due to insufficient health management
- Increased legal risks due to lack of compliance, and a resulting decrease in opportunities to receive orders
- Improved reliability and satisfaction of all stakeholders, resulting in improved sustainability
- Instill a culture of putting safety first
- Strengthen the company's ability to respond to natural disasters
- Ensure the health of employees and their families
- Thoroughly implement the Group code of conduct, including the supply chain
- Number of accidents involving personal injury: 0
- Number of equipment-related accidents and human-caused malfunctions: 0
- Number of serious information-related accidents: 0
- Improving safety awareness by strengthening the safety patrol check system and on-site communication
- Encouraging efforts to improve sustainability in the supply chain and tracking the state of implementation
05. Strengthening corporate governance
Continue working to ensure sound and highly transparent management and strengthen corporate governance based on a proper sense of ethics, and thereby continue to be a company that is needed by society and achieve sustainable improvements in corporate value.
- Decrease in trust from shareholders and investors due to a lack of management transparency
- Increased risk of management issues and losses due to insufficient risk management
- Increased costs associated with introducing systems and securing human resources to enhance organizational structure
- Improvement in corporate reliability and brand value through the strengthening of appropriate governance systems
- Improvement in external evaluation and corporate value due to increased sustainability through ESG management
- Deepen the governance system to be effective as needed, based on social trends and our corporate culture
- Implement ESG management and engage appropriately with external evaluation organizations
- Ensure diversity of Nippon COMSYS directors from the perspectives of gender and internationality
- Engage in transparent corporate governance and management that is trusted by stakeholders