Question: Does the company disclose its process for identifying and prioritizing its most relevant sustainability impacts as well as the outcome of this process, in relation to its sustainability strategy?
Answer:
Yes
19796014
World Benchmarking Alliance
Kao Corporation
2024
Verified by Steward check_circle
The company discloses that it selected 19 actions in its ESG commitments and actions through four steps, including identification of candidate themes by making a list of candidate themes, conducting top management interviews and region-based workshops, and prioritising them by asking some external stakeholders and employees to rate their priority in growing its business and increasing its corporate value. Further, it discloses that it then organised the results of the evaluations in the matrix of materiality, and in evaluating the level of materiality, it considers medium- to long-term impact on the environment and society in accordance with the principle of double materiality. Additionally, it discloses that the ESG Committee reviewed the 19 actions selected in the ESG Promotion Meeting, and the board of directors approved them. Also, it discloses a materiality matrix, which includes environmental and social issues. [Sustainability Report 2023, 13-14]