Sustainability Long-term Vision and Sustainability Medium-term Plan

Sustainability Medium-Term Plan

Sustainability-related measures formulated in the Medium-Term Management Plan “PASSION 2026” are summarized in the Sustainability Medium-Term Plan. All members of the Group will work steadily to carry out these measures and take on the challenge of realizing our Sustainability long-term vision.

Under “PASSION 2026” the various measures set out in the Sustainability Medium-Term Plan are grouped together under 3 "P"—which are Planet, Products, and People. We will pursue to engage with our various stakeholders by using this “3P model.”

By moving forward steadily with the measures in the “3P model,” we will aim to achieve a prosperity not only for Kuraray Group but for the society as well.

The priority measures in the Sustainability Medium-Term Plan are as follows.

Priority Measures and Progress Table

"PASSION 2026" Targets

Planet
GHG emissions
Scope1+2 Scope3
Benchmarks Benchmarks
FY2019: 3,230 thousand tons-CO2e FY2019: 946 thousand tons-CO2e (Japan)
FY 2024 Target FY 2026 Target FY 2024 Target FY 2026 Target
No increase in emissions compared to 2019
(2030: 30% reduction compared to 2019, 2050: Net-zero carbon)
• Target the entire Group and identify categories that account for more than two-thirds of emission
• In 2023, formulate reduction targets for 2024 and 2026
Product
Sales ratio of products that contribute to the natural and living environments Ratio of PSA-screened products to total sales
Benchmarks Benchmarks
FY 2020: 46%
FY 2024 Target FY 2026 Target FY 2024 Target FY 2026 Target
55% 60% 80%
Sales ratio of products that contribute to the natural environments Sales ratio of products that contribute to the living environments
Benchmarks Benchmarks
FY 2020: 16% FY 2020: 30%
FY 2024 Target FY 2026 Target FY 2024 Target FY 2026 Target
23% 27% 32% 33%
People
Occupational injuries
A, B rank injuries *1 Frequency rate of total occupational injuries *2
Benchmarks Benchmarks
FY2021:3 cases FY2021:2.89
FY 2024 Target FY 2026 Target FY 2024 Target FY 2026 Target
0 cases 0 cases 1.7 cases or less 1.3 cases or less
Process accidents
A, B, C rank process accidents *3 D1, D2 rank accidents *3
Benchmarks Benchmarks
FY2021:3 cases FY2021:7 cases
FY 2024 Target FY 2026 Target FY 2024 Target FY 2026 Target
0 cases 0 cases 3 cases or less 3 cases or less
Diversity and inclusion
Global measures Ensuring diversity of core human resources(Japan *4)
Benchmarks Benchmarks
End-September 2021:12%
FY 2024 Target FY 2026 Target FY 2024 Target FY 2026 Target
• Human resource development from a long-term perspective and promotion of global mobility
• HR measures to promote diversity
(personnel database, personnel recruitment, etc.)
16% 20%
(FY 2030: 25%)
  • *1 Evaluation ranking of occupational injuries using Kuraray's proprietary systema. Four ranks in order of seriousness: A > B > C > D.
  • *2 Frequency rate of all occupational injuries: Number of all occupational injuries (lost-time and no losttime injuries) per million working hours.
  • *3 Evaluation ranking of process accidents using Kuraray's proprietary system. Five ranks in order of seriousness: A > B > C > D1 > D2.
  • *4 Japan excluding production sites.

Fiscal 2022 targets, results and evaluations, and Fiscal 2023 targets

Planet
GHG emissions
Scope1+2 Scope3
FY 2022 FY 2022
Targets Results Evaluation Targets Results Evaluation
Target of maintaining below 3,230 thousand tons-CO2e 2,896 thousand tons-CO2e Target achieved 1,002 thousand tons-CO2e
(Japan)
FY 2023 Target FY 2023 Target
No increase in emissions compared to 2019 (3,230 thousand tons-CO2) • Target the entire Group and identify categories that account for more than two-thirds of emission
• In 2023, formulate reduction targets for 2024 and 2026
Product
Sales ratio of products that contribute to the natural and living environments Ratio of PSA-screened products to total sales
FY 2022 FY 2022
Targets Results Evaluation Targets Results Evaluation
54% 60% 58% Target not achieved
FY 2023 Target FY 2023 Target
70%
Sales ratio of products that contribute to the natural environments Sales ratio of products that contribute to the living environments
FY 2022 FY 2022
Targets Results Evaluation Targets Results Evaluation
20% 34%
FY 2023 Target FY 2023 Target
People
Occupational injuries
A, B rank injuries *1 Frequency rate of total occupational injuries *2
FY 2022 FY 2022
Targets Results Evaluation Targets Results Evaluation
0 cases 5 cases Target not achieved 2.0 or less 2.4 Target not achieved
FY 2023 Target FY 2023 Target
0 cases 1.9 or less
Process accidents
A, B, C rank process accidents *3 D1, D2 rank accidents *3
FY 2022 FY 2022
Targets Results Evaluation Targets Results Evaluation
0 cases 5 cases Target not achieved 3 cases 3 cases Target not achieved
FY 2023 Target FY 2023 Target
0 cases 3 cases or less
Diversity and inclusion
Global measures Ensuring diversity of core human resources(Japan *4)
FY 2022 FY 2022
Targets Results Evaluation Targets Results Evaluation
13% 13% Target achieved
FY 2023 Target FY 2023 Target
• Human resource development from a long-term perspective and promotion of global mobility
• HR measures to promote diversity
(personnel database, personnel recruitment, etc.)
14%
  • *1 Evaluation ranking of occupational injuries using Kuraray's proprietary systema. Four ranks in order of seriousness: A > B > C > D.
  • *2 Frequency rate of all occupational injuries: Number of all occupational injuries (lost-time and no losttime injuries) per million working hours.
  • *3 Evaluation ranking of process accidents using Kuraray's proprietary system. Five ranks in order of seriousness: A > B > C > D1 > D2.
  • *4 Japan excluding production sites.