Materiality and 2030 Targets

The TS TECH Group’s Materiality

The TS TECH Group has established sustainability targets for 2030 with indices indicating the vision the Group aims to achieve for itself by that year. We will address key material issues (materiality) in a priority manner to help build a sustainable world. Under our 15^th Medium-Term Management Plan (fiscal 2024–2026), we will execute our management policy of “realizing ESG management,” moving forward boldly to achieve our targets.

Policy for Identifying Materiality

Issues that are material to the vision statement under the TS TECH Philosophy: “A company dedicated to realizing people’s potential” and “A company sincerely appreciated by all”
Issues that are highly material to the United Nations Sustainable Development Goals (SDGs)
Issues that are material to contribute to a sustainable world

Procedure for Identifying Material issues

Surveys: Based on international standards and guidelines such as the GRI Standards and the core subjects of ISO 26000, we studied identification methods.
Identification and organization of issues: We identified the risks and opportunities based on the Group’s business environment and ultimately identified and organized the relevant issues.
Prioritizing of issues: Issues were evaluated and prioritized in terms of their importance to stakeholders and their importance to the TS TECH Group.
Consultations with outside experts: We exchanged opinions with outside experts on the issues identified to verify their scope and validity.
Selection of materiality: Out of 24 items, eight material issues were selected to be addressed by the TS TECH Group.
Approval by management: Following approval by the Executive Committee, the eight material issues were submitted to the Board of Directors for discussion and approved.

Identified materiality

With the goal of achieving ESG management, we organized the identified material issues into three categories: society, environment, and corporate foundation.

KPIs and 2030 Targets

We have set KPIs for specific material issues and established specific targets for 2030 for each indicator. To achieve these targets, we will aggressively pursue measures and manage progress under the sustainability promotion system that was updated in fiscal 2022.

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