Energywith conducts materiality analysis to achieve sustainable growth together with society, identifies materiality, and sets out major measures and KPIs.
Materiality Analysis and the Medium-term Management Plan
To sustain growth along with society, Energywith identifies materiality and reflects it when formulating the key measures and KPIs for the Medium-term Management Plan.
| Six Types of Capital for IIRC | No. | Materiality |
|---|---|---|
| Intellectual Capital | 1 | Strengthening ability to discern true needs |
| 2 | Strengthening business designing ability to enhance business value-added | |
| 3 | Strengthening business platforms (Operations/IT/DX/Products/Technologies/IP) | |
| Manufactured Capital | 4 | Improving productivity and quality globally |
| 5 | Establishing a Resilient Supply Chain | |
| Financial Capital | 6 | Strengthening financial base |
| Human Capital | 7 | Promoting diversity & inclusion to strengthen corporate competitiveness |
| 8 | Strengthening group governance | |
| Social Capital | 9 | Timely and appropriate communication with stakeholders |
| 10 | Implementation of social responsibility in the entire value chain | |
| Natural Capital | 11 | Pursuing businesses that offer solutions to environmental and social issues |
- IIRC：International Integrated Reporting Council
Contributing to the Achievement of SDGs
Energywith strengthens its business foundation (A) by working on each materiality and realize value creation through services, products, and ESG management (B). Energywith also promotes proactive activities for SDGs (United Nations Sustainable Development Goals) and contribute to the creation of sustainable societies as a member of the global community.
Strengthening business foundation
Energywith strengthens its business foundation by working on major measures for each materiality in order to achieve sustainable growth together with society.
| No. | Materiality | Major measures |
|---|---|---|
| 1 | Strengthening ability to discern true needs | Strengthening customer relationships based on mutual trust with industry leaders |
| 2 | Strengthening business designing ability to enhance business value-added | Proposal of “trusted energy storage solution” by adding wisdom (systems and services) to storage battery devices with improved quality |
| 3 | Strengthening business platforms (Operations/IT/DX/Products/Technologies/IP) | Enhance various business platforms (operations/IT/DX/products/technology/IP) with an awareness of the need to change to more productive methods at all times, also utilizing digital technology. |
| 4 | Improving productivity and quality globally | Horizontal deployment of production technology at Japanese mother factories |
| 5 | Establishing a Resilient Supply Chain | Establishing a resilient supply chain with the flexibility to respond to risks associated with changes in international conditions and/or disasters |
| 6 | Strengthening financial base | Strengthening the financing function based on the premise of continuous improvement of ROIC |
Value creation through services, products, and ESG management, and contribution to the SDGs
Energywith contributes to the achievement of the SDGs by creating value through our services, products, and ESG management.
| No. | Materiality | Major measures | Contributing SDGs |
|---|---|---|---|
| 7 | Promoting diversity & inclusion to strengthen corporate competitiveness | Promote diversity at decision-making layer, etc. |  |
| 8 | Strengthening group governance | Conduct training & auditing to prevent inappropriate behavior, etc. |  |
| 9 | Timely and appropriate communication with stakeholders | Disclosure of ESG information through website, etc. |  |
| 10 | Implementation of social responsibility in the entire value chain | Realize a low-carbon society by reducing CO2emissions, etc. |  |
| 11 | Pursuing businesses that offer solutions to environmental and social issues | Contribute to the realization of a sustainable society as a member of the global community through our products and services |  |
Sustainability Management
CSR Policy
- Commitment to Corporate Social Responsibility (CSR)
Energywith, including all its executives and employees, recognizes CSR as a vital part of corporate activity and is fully committed to carrying out its social responsibility in accordance with this CSR Policy for the sustainable development of society and business. - Contribution to Society through Our Business
Energywith will contribute to realization of a prosperous and vibrant society by providing safe, high-quality products and services through business activities based on its superior research, technology and product development. - Disclosure of Information and Stakeholder Engagement
Energywith will disclose information with high fairness and transparency in order to maintain and develop a relationship of trust with its various stakeholders, and act responsibly towards them through various means of communication. - Corporate Ethics and Human Rights
Energywith will undertake its business based on the principles of fairness and sincerity, act with the utmost respect for human rights and pursue a high standard of corporate ethics in the global business environment encompassing diverse cultures, morals, ethics, and legal systems. - Environmental Conservation
Energywith will strive to minimize environmental footprints and utilize resources towards the development of a sustainable society that is in harmony with the environment. - Corporate philanthropic Activities
Energywith will promote social contribution activities as a good corporate citizen in order to realize a better society. - Comfortable Working Environment
Energywith will make every effort to create a pleasant and motivating working environment for all its employees and to fully support those employees who are capable of carrying out self-fulfillment and self-development through their work. - Responsible Partnership with Business Partners
Energywith will make every effort to promote fair and sound business practices among our business partners by fostering a common awareness of social responsibility.
CSR Promotion System
Energywith ensures all divisions cooperate in advancing the Group’s CSR activities.
The Group Environment and CSR Committee meets every three months to share information on CSR across the Group. These meetings are held on the same day as quarterly results meetings to provide an opportunity to discuss and decide on basic policies and important issues related to CSR activities throughout the Group. Meetings are convened by the President and attended by senior management (Corporate Officers and Representatives of Group companies inside and outside Japan, as appropriate) of Energywith. The members are updated on the status of CSR-related goals achieved, and issues, including industrial accidents and compliance, are also reported and discussed.
