We have endorsed the TCFD (Task Force on Climate-related Financial Disclosure) recommendations, joined the TCFD Consortium, which is made up of Japanese companies, financial institutions, and other organizations that agree with the recommendations, and proactively disclose information on the potential risks and opportunities that climate change presents for our businesses.
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We have joined the Japan Clean Ocean Material Alliance (CLOMA), a public-private alliance initiated by the Ministry of Economy, Trade and Industry to solve the marine plastic pollution problem. Amid calls to address this problem, which is now a global issue, it is important to not only ensure proper waste management but also further strengthen initiatives focusing on the “3Rs”—reduce, reuse, and recycle—and to promote development of plastic alternatives, such as paper and biodegradable materials. As a leading paper distribution company, we will step up our collaboration with various companies through the CLOMA platform to prevent pollution of the oceans from the discharge of plastic waste.
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As a corporate group whose main product is paper, a raw material made from forest resources, we have identified biodiversity as one of our material issues, and have joined the Keidanren Committee on Nature Conservation to promote action on that issue. We will also continue to make donations to the Keidanren Nature Conservation Fund.
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We have signed the United Nations Global Compact (UNGC), and also joined Global Compact Network Japan, the local network of the UNGC in Japan. The group’s Corporate Philosophy encompasses the values of integrity, fairness, and harmony, and the mission of “carving a better future for society and the environment” based on the principles of change, challenge, and create. Accordingly, the group abides by the 10 Principles of the UNGC, and will more actively promote sustainable management and work toward the realization of a sustainable society.
We participate in the Human Capital Management Consortium, established with the Ministry of Economy, Trade and Industry and Ministry of Finance as observers. Through active participation in this consortium, we get the maximum value from our human resources (human capital), and are further promoting human capital management that will lead to medium-to-long-term enhancement of corporate value.
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CDP, an environmental NGO based in the United Kingdom, is among the world’s largest ESG rating agencies. It surveys the climate change, forest, and water risks of companies and public institutions, and discloses the results to their investors, customers, and other stakeholders. In CDP’s questionnaire survey on climate change, companies disclose information on their greenhouse gas emissions and reduction targets, as well as the climate change-related risks and opportunities they are facing or could potentially face.
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We participate in the online platform for storing and browsing data on ethical and responsible business practices operated by NPO membership organization Sedex. Sedex’s data extends across 35 industries, including food, agriculture, financial services, clothing, packaging, and chemical substances, and is used in 180 countries and regions. As a supplier, we also contribute to the sustainable supply chains of our customers.
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We are a member of the Nikkei ESG Management Forum, an organization that comprehensively supports the ESG activities of member companies from the three aspects of information dissemination, information gathering, and analysis in order to help them lead ESG management in Japan.
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