Materiality | Sustainability | TAIHO KOGYO CO., LTD.

Taiho Kogyo has formulated a statement on materiality (material issues) to be addressed through a specific process based on its basic approach to sustainability as a way to “contribute to society with tribology-based products and engineering”.

Specific process for addressing materiality

Materiality (material issues) and key initiatives

Business activities	Materiality	Key initiatives
	Developing products and providing value in a way that contributes to the global environment and society of the future	Help to reduce fuel consumption and CO2 emissions by improving product functions Promote electrified products through the development of products and manufacturing methods that are clearly better based on the use of digital technology Create new businesses and areas of business using core technologies Provide safe and secure products and services
	Realizing a decarbonized society through the promotion of activities to achieve carbon neutrality	Realize energy savings at plants and production facilities through improved design, the development of innovative manufacturing methods, and improvements to routine practices Promote the use of renewable energy sources
	Contributing to a recycling society through activities to reduce waste, water-related risks, and substances that impose a burden on the environment	Promote the reduction of waste through activities to improve yield and productivity Promote the recycling of water and other resources and reduce substances that impose a burden on the environment in production activities
Management base	Contributing to society through business activities and coexisting with local communities	Coexist with nature through activities for coexisting with nature (such as wetland conservation activities) Support pictures of children of the future at play through support for invention clubs for boys and girls and adolescents Contribute to the tribology industry through TTRF operations
	Building a culture and structure to enable a diverse range of personnel to play fully active roles with a sense of purpose	Allow a diverse range of personnel to play active roles through the promotion of diversity (Active participation of women, employment of people with disabilities, utilization of older employees, foreign trainees) Enhance the personnel system that supports the development of skills (Establish a training system by rank, develop a program for enhancing skills) Protect human rights, prevent harassment, and raise awareness of compliance-related matters through codes of behavior and compliance education
	Thorough implementation of corporate governance and compliance as a company that continues to be trusted by all stakeholders	Reduce risks through a compliance committee Detect violations of the laws and regulations and unlawful actions early and promote resolutions in such cases through the Office for Consultations on Problems and Concerns Reduce risks and fortify responsiveness through supply chain management (including BCM) and the fortification of information security