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Materiality

We made these identifications in light of international trends, including the growing popularity of ESG investing as well as more emphasis being placed on the SDGs and the adoption of the Paris Agreement.
The social issues affecting our businesses, as well as stakeholders' expectations and demands, have changed rapidly amid the growing global importance of sustainability, particularly the problem of climate change. In response to these circumstances, we re-identified 11 ESG material issues for manufacturing, the environment, employees, and the management foundation of the Group.

Identification Process

STEP1: Identify ESG Issues

ESG Issues are identified based on a comprehensive consideration of international frameworks, external initiatives, and guidelines related to sustainability.

STEP2: Perform a 2-axis Evaluation of Importance

The importance of ESG issues to stakeholders is plotted on the vertical axis, based on weights assigned by research organizations such as the FTSE, MSCI and SASB. The importance to the Group is plotted on the horizontal axis following a management review. A materiality map is created based on these results.

Materiality Map

STEP3: Identification of Materiality

We set our 11 materiality by adding elements that support the people who are essential for our business activities. As well, we will drive growth through those issues that are important to both stakeholders and the Sanwa Group (shown above). At the same time, we integrated and reorganized the content of our priorities and put that into words.

STEP4: Setting Targets (KPIs) / Disclosure of results

In May 2022, we established targets (KPIs) to be achieved over the medium and long term that are linked to each materiality, with the aim of realizing the Sanwa Global Vision 2030. Our progress against these targets is disclosed annually.

Materiality

Theme Materiality SDGs to which we can contribute

Manufacturing

Mitigate/adapt to climate change, prepare for disaster loss through products and services
9 INDUSTRY,INNOVATION AND INFRASTRUCTURE
11 SUSTAINABLE CITIES AND COMMUNITIES
13 CLIMATE ACTION
Quality Assurance and Enhancement

Environment

Initiatives Towards a Decarbonized Society
12 RESPONSIBLE CONSUMPTION AND PRODUCTION
13 CLIMATE ACTION
14 LIFE BELOW WATER
Water Resources Conservation
Waste Reduction

People

Human Capital Development
5 GENDER EQUALITY
8 DECENT WORK AND ECONOMIC GROWTH
10 REDUCED INEQUALITIES
Promotion of Diversity
Health and Safety

Management
Foundation

Corporate Governance
10 REDUCED INEQUALITIES
16 PEACE, JUSTICE AND STRONG INSTITUTIONS
17 PARTNERSHIPS FOR THE GOALS
Respect for Human Rights
Compliance

Manufacturing-Solve Social Issues Through Our Business-

Manufacturing
9 INDUSTRY,INNOVATION AND INFRASTRUCTURE
11 SUSTAINABLE CITIES AND COMMUNITIES
13 CLIMATE ACTION

The Sanwa Group has been protecting lives and property from disasters and crime while contributing to the realization of a safe, secure, convenience society. We do this by supplying fenestration products globally that prevent, protect, and separate, including shutters, doors, and partitions.
When the Sanwa Group was first founded, shutters were widely used to prevent crime, but there has since been gradually growing demand for protection against fire, smoke, and earthquakes. In recent years, demand has been growing for products that improve a building's energy efficiency (to help decarbonize society), so has demand been growing for waterproof and wind-resistant products in response to more intense rain and typhoons due to climate change. We are helping to address societal issues with proven technology and quality to create both a sustainable society and to fulfill increasingly diverse requirements.

Mitigate/adapt to climate change, prepare for disaster loss through products and services

Quality Assurance and Enhancement

Environment-Achieve Environmental Sustainability-

Environment
12 RESPONSIBLE CONSUMPTION AND PRODUCTION
13 CLIMATE ACTION
14 LIFE BELOW WATER

To contribute to the transition to a decarbonized society, the Sanwa Group is proactively reducing greenhouse gas emissions by making all business processes more energy efficient and by using renewable energy. In May 2022, the Group set a FY2024 reduction target of 10% (Sanwa Shutter Corporation) from the FY2019 level, in addition to the existing FY2030 reduction target of 30% (Sanwa Shutter Corporation) from the FY2019 level. Furthermore, the Group aims to achieve virtually zero CO2 emissions from business activities by 2050,promoting efforts to achieve carbon neutrality.
We will also supply products and services that conserve resources to help convert our existing mass production/consumption economy into a circular economy. We will do this by reducing the use of raw materials, increasing production yields, extending product lifespans, streamlining packaging, promoting green purchasing, and designing for easier recycling.

Initiatives Towards a Decarbonized Society

Initiatives Towards a Decarbonized Society

Initiatives Towards a Decarbonized Society

Water Resources Conservation

Water Resources Conservation

Water Resources Conservation

Waste Reduction

Waste Reduction

Waste Reduction

People-Create a Pleasant and Rewarding Work Environment-

People
5 GENDER EQUALITY
8 DECENT WORK AND ECONOMIC GROWTH
10 REDUCED INEQUALITIES

The Sanwa Group will achieve sustained growth in corporate value by offering a pleasant, fulfilling employment experience to every employee; by respecting diversity; by providing equal growth opportunities and evenhanded performance evaluations, regardless of gender or age; and by ensuring a safe, accommodating work environment.
In particular, the installers that support our access systems are aging. In response, we are now recruiting workers and improving safety in several ways: offering more educational opportunities, increasing employee benefits, reducing the labor required for installing products, and using management systems for installation processes.

Human Capital Development

Promotion of Diversity

Health and Safety

Management Foundation

Management Foundation
10 REDUCED INEQUALITIES
16 PEACE, JUSTICE AND STRONG INSTITUTIONS
17 PARTNERSHIPS FOR THE GOALS

The Sanwa Group will contribute to attaining the SDGs' goals by proactively addressing the three themes mentioned above.
To build the foundation for these activities, we believe that developing transparent, sound management systems,respecting human rights and conducting business activities with fairness and integrity through strict compliance and risk management are essential for supporting our operations and contributing to reaching the SDG's targets.

Corporate Governance

Corporate Governance

Corporate Governance

Respect for Human Rights

Respect for Human Rights

Respect for Human Rights

Compliance

Compliance

Compliance

Materiality and Contributing to SDGs

In September 2015, the UN General Assembly adopted the 2030 Agenda for Sustainable Development and set 17 Sustainable Development Goals (SDGs) that included 169 targets.
As a company operating around the globe and one that uses the earth's limited resources, we believe that a part of the mission of the Sanwa Group is helping to attain the SDGs through our business processes, products, and services.
In the Sanwa Global Vision 2030, announced in May 2022, we outlined our intention to achieve a virtuous cycle of increased earnings and resolving social issues through our core business by providing high-performance solutions to important social issues, such as climate change.

SUSTAINABLE DEVELOPMENT GOALS