Materiality and KPI Detail
Realizing decarbonization
- Commitment (To-be society and our role)
- Achieve carbon-neutral as a whole Group by 2050
- Based on the long-term vision, change the energy type used from a decarbonization point of view (non-fossil fuel, renewable energy, next generation energy, etc.)
- Drastically reduce the energy used by optimizing the business activities from a medium-term perspective
- Reduce CO2 emission throughout the whole product lifecycle, in collaboration with our customers and suppliers
- Transform energy usage, taking into account capital investment opportunities
As the impact of climate change becomes more serious year by year, we will not only work to reduce the Group’s CO2 emissions to improve our resilience to the coming decarbonized society, but also take the view that this social transition to realize a decarbonized society through business is a new opportunity for us to build businesses in a wide range of fields.
To achieve carbon neutrality by 2050, we will contribute to decarbonization in the product field and make decarbonization part of our development, production, and sales activities.
We will reduce CO2 emissions through two approaches: transitioning to the use of non-fossil fuels and new energies, and significantly reducing energy consumption by way of innovation through capital investment and optimization throughout the supply chain.
Improvement of Quality of Life (QOL)
- Commitment (To-be society and our role)
- Improve QOL of all stakeholders (society, users, suppliers, employees, etc.)
- Improve people's QOL by making the whole of society beautiful and strong with painting/coating
- Improve users’ QOL by providing the paints that contribute to health and hygiene.
- Improve the safety of users, suppliers and employees, by establishing an appropriate occupational safety and health environment and working environment.
- Contribute to reducing negative health effects (high temperature damage, deterioration of hygiene, etc.) related to climate change
As social trends change rapidly and environmental and social problems such as climate change and poverty grow more serious, we believe that—as a company rooted in society—we must play an important role in further improving the QOL, and the quality of lifestyles, through our products and business activities. We will contribute to a sustainable society through further efforts.
Working from four perspectives, we will contribute to improving the QOL of users, suppliers, and employees, and the quality of society as a whole.
Enhancement of achieving resource and economic circulation
- Commitment (To-be society and our role)
- Review the whole lifecycle of paint, effectively utilize resources, and sophisticate the circular economy
- Sophisticate the quality of resource circulation in the whole of society by reviewing all phases, including raw material procurement, production, usage, and the painted finished goods
- Aim for a “Breakthrough” in the balance of resource circulation and economic circulation
- Take on the challenge of improving the recycle rate of painted material and the paint itself
- Promote thorough and effective resource utilization and recycle within the Group
It is our mission to tackle climate change, effectively use resources, and contribute to a circular economy in order to realize a sustainable society. We aim to make effective use of existing resources and assets to recycle resources while producing positive economic effects。
Transform into a Group where diverse people play active roles
- Commitment (To-be society and our role)
- Accept any difference (gender, nationality, race, religion, background, age, disability, sexual orientation), and promote the diversity of people
- Share the philosophy globally, develop human resources, and promote the localization of operations
- Aim to achieve a 20% ratio of women among global employees and a 15% ratio of women among global managers (by 2030),through fair human resource development and promotion
- Aim to achieve a 25% ratio of women among BoD members (by 2030) through the promotion of women’s career development
- Promote diverse people to play an active role through the realization of diverse ways of working
- Maintain customers’ trust in Kansai Paint Group by passing down technologies and know-how over the ages
Respect is clearly stated in our Corporate Philosophy, and our Behavioral Drivers clearly state, “We will respect the fundamental human rights of the people we come into contact with in all situations” and “We will not discriminate on the basis of race, nationality, creed, religion, color, age, gender, sexual orientation, gender identity, social status, place of birth, disease, disability, or any other characteristic.” As such, we will respect diverse cultures and individuality to create a place where everyone can learn from one nother with mutual respect, so that all employees may lead fulfilling lives in which they are free to be themselves. In such an environment, we aim to contribute to the development of a sustainable society in which the company can grow together with society to increase corporate value by having each and every employee demonstrate their individuality and abilities to the full.
