Priority Issues (Materiality)

Priority Issues (Materiality)

Basic Philosophy

We improve corporate value through contributions working towards the realization of a sustainable society.
To achieve this, after accurately grasping social issues, we believe it is important to define priority issues (materiality) in each area of ESG (Environmental, Social, and Governance), and set medium- to long-term goals to work towards them.

The Process of Defining Priority Issues

Priority Issues

We have identified eight priority issues.
The CSR and Sustainability Committee receives reports from the Sustainability Division on the progress of these issues and monitors them.
In addition, taking global standards, social trends and the opinions of outside experts into consideration, the issues are reviewed annually, and any revisions are approved by the Board of Directors.

  Item Contribution to SDGs Major Initiatives Goals and Outputs
(FY2029)
Progress in FY2022
Environment Responding to Climate Change Reduction of CO2 emissions CO2 Emissions: 30% Reduction [compared to that of 2018] 27.6% reduction
(210,700 tons)
Providing Environmentally Friendly Products Dissemination and expansion of environmentally friendly products Sales ratio of precious metal plugs: not less than 50% 43%
Sales ratio of wide range oxygen sensor: not less than 50% 39%
Society Development of Technology, Products, and Businesses for Contributing to the Resolution of Social Issues Development of fuel cells CO2 dissemination of high-efficiency distributed power supplies with a view to use free hydrogen Established a mass production system of SOFC cell stacks
Development of applications for lead-free piezoelectric materials Alternative promotion from lead piezoelectric materials Promoted technological development aimed at expanding the applications of lead-free piezoelectric materials, and continued to introduce and propose them
Development of sensing IoT business Improve business efficiency through automation, optimization, and generalization Development of a water quality control system for land-based shrimp farming underway
Carbon Neutrality as a service Establish and introduction of synthetic fuel (methane) production system Completed container-type methanation demonstration machine for CCU solution and prepared for operation
Global Human Resource Management Promotion of employment of women, foreign nationals, and careers Ratio of women, foreign nationals, and career recruits in managerial positions: 25% 19.9%
Examination of a New Personnel System Improved results of employee satisfaction surveys Satisfaction: 3.33 (response rate: 92.6%)
Governance Corporate Governance Increasing the ratio of female and foreign nationals to directors Ratio of female directors and foreign nationals: not less than 30% 45% (5 out of 11)
Increasing the ratio of external directors Ratio of external directors: not less than 1/3 64%(7 out of 11)
Risk Management Management of serious incidents signs and prevention of their occurrence Establishment of risk management system that contributes to management decision-making Promoted measures for priority risks
Compliance Survey of employees' awareness and continuous education Implementation of compliance questionnaires and disclosure of results Implemented of improvement measures based on compliance questionnaire results
Information Security Maintaining and strengthening incident response organizations and building preventive systems Establishment of information security management system ・Obtained TISAX certification for group companies in Thailand
・Conducted IT security audits
NGK SPARK PLUG CO., LTD.