Itoki publishes “Integrated Report 2022” with updated materiality
Announced carbon neutrality goal for 2050 and accelerated sustainability management. ESG DATA BOOK 2022 will also be published at the same time
ITOKI CORPORATION (Headquarters: Chuo-ku, Tokyo; President: Koji Minato) has published the "ITOKI Integrated Report 2022" and made it available on its official website. In order to realize sustainability management, the company has updated its materiality (important issues) as a change and evolution that will strengthen its progress, and has announced a carbon neutral goal by 2050 (*1) toward decarbonization. In addition, the website has newly published the "ESG DATA BOOK 2022," which provides detailed numerical data on the achievements of sustainability management.
- Scope) Scope1, Scope2
This report provides an overview of the value creation process, the progress of the medium-term management plan "RISE ITOKI 2023" that started in fiscal 2021, and strategies for each business, as well as the initiatives aimed at realizing a sustainable society. It is comprehensively summarized and published from the perspectives of S (society) and G (governance). Additionally, the amount of information in both financial and non-financial areas has been significantly increased since the first "Integrated Report" published by the Company in 2021, and the content provides a deeper understanding of the Company's business activities.
CONTENTS
Itoki’s value creation
Minato, who took office as president in March 2022, said, `` We Design Tomorrow. We Design WORK-Style. We have published a five-page message on how to achieve this goal, as well as a history of value creation that summarizes our 132-year history.
Value creation system
We visualize the six capitals that support ITOKI and the value chain they create. Based on this, we will identify and disclose risks and opportunities surrounding the business environment and redefine materiality. As a summary, we provide an overall picture of the value creation process in order to respond to future market needs and social issues.
growth strategy
In addition to information on the progress of the medium-term management plan, business strategies, financial strategies, etc., we have expanded the content to cover specific ESG management initiatives.
management foundation
It includes information on corporate governance, risk management, and compliance, as well as messages from outside directors, a list of officers, and non-financial highlights.
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■Renewal of materiality
Under the new management structure, our mission statement We Design Tomorrow. We Design WORK-Style. As we reconsider our relationship with social issues in order to realize our goals, we recognized the importance of presenting materiality (important issues) in a way that is easier for stakeholders to understand, and we redefined them.
By promoting business activities centered on the new materiality of ``Making society and its people happy'' and ``Making the company and its employees happy,'' and solving social issues, we will create a sustainable society. This will lead to the growth of the company.
■Announcement of 2050 carbon neutral goal
We have set and announced a goal to reduce Scope 1 and 2 (*2) CO2 emissions to carbon net zero by 2050. As a milestone, we have set a 2030 target of 50% reduction in Scope 1 and 2, and 30% reduction in Scope 1 to 3 (*2) (both compared to 2013). Furthermore, as much of our group's CO2 emissions come from Scope 3 (*2) category 1 "Purchased products and services," we will continue to refine our aggregation and build further collaborative systems with our suppliers. We will continue our efforts to reduce CO2 emissions.
- Scope 1) Direct emissions from business activities, Scope 2) Indirect emissions from operations, Scope 3) Emissions from supply chains
【Related information】
■Newly published “ESG DATA BOOK 2022”
As a steady step towards ESG management, we have disclosed in detail the achievement status of the KPIs for our previously established materiality, as well as our environmental, social and governance performance.
[Main disclosure contents]
- Environment...Greenhouse gas emissions, carbon offsets, etc. throughout the supply chain
- Society...Ratio of female managers, rate of childcare leave taken, engagement survey results, etc.
- Governance...Number of Board of Directors and Audit & Supervisory Board meetings, number of direct dialogues with shareholders and investors, etc.
[Reference]
About Itoki's Workplace Business
Since its founding in 1890, ITOKI CORPORATION has upheld the mission statement of "We Design Tomorrow. We Design WORK-Style." and has supported the creation of a wide range of “Space," “Environment," and “Place" with a wide lineup of office furniture, logistics equipment, ICT and audiovisual equipment, and building materials and interior equipment.
After the coronavirus shock, we regard the entire working space as “Work Environment”'' and in addition to products and services that create an environment where workers can ``work together,'' we have also expanded our efforts to provide ``distributed'' products and services such as home furnishings to facilitate remote work and home learning We support the creation of “Work Environment” in any space by providing a comprehensive range of products that support the working environment, as well as surveys and consulting services for corporate work style strategies and working environment improvements.
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Contact information
株式会社イトーキ
コーポレートコミュニケーション部
TEL:03-6910-3910
press personnel
Contact information
株式会社イトーキ
コーポレートコミュニケーション部
TEL:03-6910-3910
- The information posted is current at the time of publication. Please note that the information may differ from the latest information.