We are establishing clear settings for internal and external requirements and key indicators for each major agenda so that practical changes can be made based on our commitment to sustainable management for the future of humanity. We will make meaningful changes by setting management areas and suggesting direction through materiality assessment
SUSTAINABILITY HIGHLIGHT
2024 Sustainable Management Importance Assessment Matrix
The 2024 Sustainable Management Importance Assessment Matrix is a strategic tool that reflects the significant increase in the importance of sustainability management due to the increasing awareness and commitment of businesses and organizations around the world to environmental, social, and governance (ESG) standards. The matrix helps evaluate and prioritize sustainability initiatives based on their impact and viability. This allows organizations to align their sustainability goals with their business strategies to ensure balanced access to economic growth, social equity, and environmental management.
ENVIRONMENTAL
We will continue to develop solutions that increase resource and energy efficiency for the environment and society. In addition, we strive to minimize the impact on the environment while maintaining product quality. We will carry out eco-friendly activities by maximizing resource circulation and utilization throughout the product life cycle, from production sites to products.
We will strive to reduce carbon emissions throughout the entire process, including materials, production, transportation, use, and disposal. We plan to manage not only direct emissions (Scope 1) but also indirect emissions (Scope 2). We plan to develop innovative technologies to improve energy efficiency and expand carbon emission reduction facilities that apply these technologies to our lines.
We strive to minimize the negative impact that hazardous substances that may be contained in our products and chemicals used at production sites may have on the health of our customers, employees, and the environment. We aim to minimize risks by regularly updating the chemical substance law database and integrating it with our own management standards.
In order to establish a responsible and environmentally friendly supply chain, WCP intends to conduct transactions by inspecting and evaluating essential areas such as the environment, safety and health, and labor and human rights of its partner companies. In addition, we will support comprehensive evaluation and follow-up management so that our partner companies can discover and supplement their own areas of improvement.
We respect human rights, practice them in our management activities, and continue to make improvements to create a safer working environment. In addition, we seek to ensure an appropriate standard of living for workers and eliminate inequality. It contains our promise and will to respect everyone's right to work in a work environment free from discrimination and harassment.
We plan to establish and operate a safety and health management system so that all executives and employees can work safely and healthily. We have established a serious disaster risk diagnosis system to diagnose the safety and health operation system and standard management situation, and are continuously discovering and improving on-site risk factors.
We strive to practice responsible management and operate a balanced governance system in which outside directors, who are experts in each field, keep management in check with an objective perspective. We recognize that the expertise and diversity of each director are becoming more important, and we will strive to form a board of directors that takes into account diversity such as race, gender, religion, region of origin, and nationality.
For fair and transparent management, we strive to carry out business in a legal and ethical manner to fulfill our social responsibilities and build a healthy culture. We will manage risks together with departments in major areas such as anti-corruption, fair trade, intellectual property rights, personal information protection, and environmental safety.
We plan to continue and expand investments that serve as a driving force for business competitiveness and technological innovation. We will cultivate technological capabilities to become a global membrane company and actively respond to the needs of our employees for self-development and growth.