Sustainability Promotion Framework｜Japan Pulp & Paper Company Limited

Home
Sustainability
Sustainable Management
Sustainability Promotion Framework

Approach to Promoting Sustainability

Japan Pulp & Paper is expanding its business from its origin as a wholesaler of paper, which is itself based on a sustainable resource that helps to reduce environmental impact. We position our responses to growing demands from society for sustainability as material management issues that not only reduce risks but also lead to new profit opportunities. With this in mind, we are strengthening our sustainable management system throughout the entire group.
In OVOL Medium-term Business Plan 2026, launched in fiscal 2024, we identified key priorities for strengthening sustainable management and are implementing various measures to address them. These include expanding human capital investment, reducing GHG emissions over the medium to long term, responding to business and human rights, strengthening environmental and occupational safety compliance systems, and strengthening risk management.
In July 2025, Japan Pulp & Paper was selected for the first time to be a constituent stock of the FTSE Blossom Japan Sector Relative Index, a leading stock index for ESG investments provided by FTSE Russell. This index has been adopted as one of the benchmarks for ESG passive management by the Government Pension Investment Fund (GPIF), and it is widely used as a key decisionmaking index for investors both in and outside of Japan.
We believe we were chosen for the index because of our track record of measures that we have steadily taken over the years in response to environmental, social, and governance (ESG) issues, which have won high acclaim from outside observers.
Going forward, we will continue to position sustainability as the foundation for growth, and we will strive to realize a sustainable society and enhance corporate value by further strengthening our sustainability initiatives and proactively disclosing information.

[Related link]

Sustainability Promotion Framework

We define “sustainability” as business activities that realize both economic and social value, and have established the Executive Sustainability Committee to promote sustainability-related initiatives. Chaired by the Representative Director - President & CEO, this committee is in charge of formulating sustainability-related policies and strategies, resolving ESG-related issues*, and managing the achievement of the group’s goals. In addition to the Risk Management Meetings, we have established the OVOL Sustainability Promotion Meetings and the OVOL Environment & Safety Meetings, whose membership spans the entire group, as subordinate organizations under this committee. The Corporate Sustainability Division, which is responsible for implementing policies related to sustainability throughout the entire group, serves as the secretariat for the OVOL Sustainability Promotion Meetings and the OVOL Environment & Safety Meetings, and it is working to steadily implement and deepen group-wide sustainability policies.

ESG-related issues refer to a wide range of Environmental (E), Social (S), and Governance (G) issues such as the following:
Environmental (E): Issues related to climate change, resource depletion, waste, pollution, deforestation, etc.
Social (S): Issues related to human rights, modern slavery, child labor, working conditions, employee relations, etc.
Governance (G): Issues related to bribery and corruption, executive pay, board diversity, political lobbying and donations, tax strategies, etc.

Sustainability and Governance Structure

Executive Sustainability Committee and Various Meetings

Organization	Chairperson	Members	Number of Meetings Held*	Objective/Role
Executive Sustainability Committee	Representative Director - President & CEO	Members: Full-time directors and business heads (Observer: Full-time Audit & Supervisory Board member)	15	This committee is in charge of formulating sustainability-related policies and strategies, resolving ESG-related issues, and managing the achievement of the group’s goals. It serves as the command center for group-wide sustainability initiatives.
Risk Management Meetings	General manager, Finance & Administration Division	Vice chairperson: General manager, Corporate Planning Division Members: Appointed from the Internal Audit Office, Corporate Sustainability Division, Finance & Administration Division, Corporate Planning Division, and other related divisions (Observers: CFO, full-time Audit & Supervisory Board member, business head of Administration, Planning & Sustainability, and CIO)	11	Based on the Basic Rules on Risk Management, the meetings will identify, analyze, evaluate, and prioritize risks; formulate measures to address specific risks; and work to reduce risks.
OVOL Sustainability Promotion Meetings	General manager, Corporate Sustainability Division	Vice chairpersons: General manager, Finance & Administration Division and General manager, Corporate Planning Division Members: Appointed from divisions, branch offices, and group companies in and outside of Japan (Observer: Business head of Administration, Planning & Sustainability)	11	Members work to strengthen and promote group-wide sustainability initiatives. Members promote sustainability initiatives within each department and group company, including addressing human rights issues, legal compliance, social contribution activities, and implementing measures to achieve social value through business activities. They also serve as liaisons with the head office in the event of a disaster or other emergency.
OVOL Environment & Safety Meetings	General manager, Corporate Sustainability Division	Vice chairpersons: General manager, Finance & Administration Division and General manager, Corporate Planning Division Members: Appointed from divisions, branch offices, and group companies in and outside of Japan (Observer: Business head of Administration, Planning & Sustainability)	3	Members work to strengthen and promote initiatives for environmental and occupational safety throughout the group. They also promote environmental and occupational safety compliance and environmental measures and the reduction of greenhouse gas emissions.