Materiality - An IDEAL world, built with integrity -
In 2021, we announced the materiality to build a sustainable society. This was during a time of great uncertainty, with technology accelerating the pace of change. In 2024, we are updating our materiality in light of the dynamic transition taking place in society and business, views from our stakeholders, and the formulation of our medium-term management plan.
The 5 Materiality Areas
The mission, vision and values of the ID&E Group were put in place to drive the sustainable growth of our business and to share our direction of travel with all stakeholders. To achieve that mission, we have identified five materialities that we should prioritize by leveraging our strengths as a group. These materialities are grouped under the theme of "An IDEAL world, built with integrity." By working on these materialities in close cooperation with our stakeholders, we will create an ideal future through the resolution of various social issues.
Relationship Between Materiality Areas
Materiality areas 1 and 2 represent how the ID&E Group can help to solve global social issues through its business activities. Materiality areas 3, 4 and 5 represent the capital and infrastructure which support those activities. The two different materiality areas are therefore interrelated and create synergy.
Materiality and Targets
Group initiatives, monitoring indicators and target values are shown here for each materiality area. Going forward, we will promote these initiatives and disclose the results while engaging in continual dialogue with our stakeholders.
Promotion Structure
The Board of Executive Officers conducts assessment, decision-making and monitoring of materiality under the supervision of the ID&E Holdings Board of Directors.
The involvement of important meetings and group companies in a series of implementation processes brings the entire group united in its efforts to address materiality and achieve sustainable growth.
Promotion Process
To ensure progress on materiality, we will run a PDCA cycle and update our initiatives when they need further improvement. Our targets and materiality analysis are also subject to ongoing review in accordance with changes in the internal and external environment.
Materiality Assessment Specifications
We evaluate issues based on the concept of double materiality which considers environmental and social impacts on our stakeholders, and environmental and social impacts on the ID&E Group. High-priority items are then synthesized and reorganized to form the five materialities for the Group.
Assessment Process
Materiality was assessed based on a four-step process.
Views from Stakeholders
When a company aims to contribute to solving social issues while pursuing its own sustainable development, it is essential to have a clear understanding of what is important. Materiality directly reflects a company's awareness and insight into these issues, making it a key consideration for investors when evaluating the company.
I believe that the new materiality of ID&E Holdings is highly sophisticated, as it concisely organises the key issues in creating both social and economic value. In particular, I appreciate the following three points:
- The materiality is highly consistent with ID&E Holdings' corporate philosophy and message, fully reflecting its purpose.
- Based on a global perspective, the issues are set without getting bogged down in specifics, maintaining a broad view.
- The specific initiatives, indicators, and goals associated with each materiality are clearly presented on a timeline that aligns with ID&E Holdings’ long-term management strategy.
Research & Engagement Group
Analyst Team
Executive ESG Analyst
Mr. Megumi Sakuramoto
I believe that the first materiality, ‘Building a more equitable society,' is an extremely important theme both domestically and internationally. Additionally, with the increasing severity and frequency of disasters, we expect ID&E Holdings to take the lead in disaster prevention and mitigation, ensuring a safe and secure living environment.
In the past decade, we have frequently heard the term 'sustainable.' As indicated by materialities 2 and 3, solving complex global social issues requires more than just one technology; it necessitates collaboration with diverse stakeholders and a variety of approaches. Additionally, technology alone is not sufficient; the 'integrity' in your corporate philosophy is a priceless value that is crucial.
Materiality 4 highlights the importance of diverse talent. Since 2022, Ochanomizu University and ID&E Holdings have established a comprehensive partnership to promote the SDGs. People are a shared asset of society, and we aim to make 'human development' a common goal, actively engaging in joint projects, research, and talent exchange with ID&E Holdings. To thrive in society, various skills are necessary, and the abilities students acquire at university form the foundation. We hope that companies will provide opportunities for students to realize and develop their potential.
We expect ID&E Holdings to be a partner in co-creating with diverse individuals and changing the world together, with a focus on DE&I (diversity, equity, and inclusion).
Executive Director and Vice President ／
Director of the Institute for
Women’s Education in Science,
Technology, Engineering, Arts,
and Mathematics (STEAM)
Prof. Misako Kato
