Sustainability Management
Sustainable Management Initiatives
Based on our corporate philosophy, the DNP Group aims to realize a "sustainable society and Well-being lives" as part of its approach to sustainable management and is developing business activities to take the initiative in creating a "better future." To realize a "better future" and achieve long-term growth for DNP itself, it is essential to identify the impacts of diverse and rapidly evolving environmental, social, and economic changes on our business, and appropriately assess the associated risks, and reflect these in its medium- to long-term management strategy by mitigating risks and turning them into business opportunities.
Furthermore, in addition to responding flexibly and swiftly to various fluctuating factors for management risks, by anticipating change, driving our own transformation, and turning them into business opportunities, we aim to enhance both our corporate sustainability and the sustainability of the environment, society, and economy.
Governance
To enhance environmental, social, and economic sustainability and further promote the sustainable growth of the DNP Group itself, the Sustainability Committee, chaired by the Representative Director and President, with Executive Vice President as vice chairman and consisting of Director and Corporate Officer in charge of each division at headquarters, is responsible for managing medium- to long-term management risks, identifying business opportunities, and reflecting them in management strategies. This committee works closely with the BCM Promotion Committee, which ensures employee safety and maintains production activities even in the event of a natural disaster or other emergency, the Corporate Ethics Committee, which aims to reduce risks by raising employee awareness of compliance, thereby covering company-wide risks and building a flexible and resilient governance system.
Strategy/Metrics and Targets
DNP has identified its materiality by clarifying what action it must take and what value it should create, in order to realize the four interrelated societies that represent the "better future" DNP aspires to, and to continue growing together with society.
As activities based on materiality, we will promote initiatives in line with the "business strategy," "financial strategy," and "non-financial strategy" of the medium-term management plan and aim for the sustainable growth of the DNP Group by creating new value and strengthening business base. In order to steadily promote these activities, we have set specific metrics and targets in the medium-term management plan and are continuously monitoring them.
Risk Management
Under a flexible and robust governance system, DNP promotes comprehensive risk management to minimize the negative impact of fluctuations and to expand business opportunities.
The Sustainability Committee identifies, evaluates, and manages medium- to long-term risks and opportunities related to the environment, society, and the economy at least once a year. In addition, the Committee identifies priority issues, establishes activity priorities, and sets optimal targets that are incorporated into our management from the perspectives of the impact on business plans and financial and non-financial strategies, market changes, the impact on the environment and society, and the likelihood of negative impacts.