Materiality

Materialities (important issues)

NHK Spring has identified the following materialities (important issues).

8materialities
Classification Materiality (important issue) Major initiatives
business activities "Environmental Challenges"
・Reduction of CO₂ emissions
・Reduction of environmentally hazardous substances		 ・Initiatives to achieve the following goals
　-Achievement of carbon neutrality by 2039 
　-Zero industrial wastes by 2039
・Creation of products that contribute to the environment ・Development and production of motor cores, metal substrates and other electric-related products
・Development of products that will contribute to resolving social issues ・Development and production of HDD-related components and semiconductor process components to meet demand for big data
Management base  ・Maximizing the value of human resources ・Securing and training talent
・D&I promotion
・Work style reform
・Personnel systems reform
・Build a safe and secure workplace
・Respect for human rights ・Drafting and disclosure of our thinking on human rights
・Compliance ・Ongoing education for executive officers and employees 
・Group management ・Group-wide and global initiatives for addressing the above issues

 

Process for Identifying Materialities (Important Issues)

NHK Spring has identified materialities (important issues) through the following process.

  1. STEP1
    Identification of issues (candidate materialities)

    A cross-divisional project involving several related divisions was launched to identify social issues as candidate materialities with reference to the SDGs, GRI standards, various ESG assessments, etc.

  2. STEP2
    Verification and analysis of importance

    The importance of candidate materialities to the Company is verified and analyzed in light of the business environment in which the Company operates, our Guiding Principles and Corporate Philosophy, and our basic CSR policy.
    Interviews are also held with external experts to verify and analyze the importance of the candidate materialities for our stakeholders.

  3. STEP3
    Identification of materialities (important issues)

    Based on the findings of Step 1 and Step 2, plotting is carried out to identify the materialities (important issues).

  4. STEP4
    Analysis of materialities (important issues)

    Among the materialities (important issues) identified in Step 3, "responses to global environmental conservation activities" and "maximization of the value of human resources" are identified as the items with particularly large financial impacts.

  5. STEP5
    Discussion with top management and approval in the Board of Directors

    Following discussion with top management, the materialities (important issues) are approved in the Board of Directors.
    Periodic reviews will be conducted from now on.