The business of the Maruha Nichiro Group has a consistent value chain for procurement and distribution, production and processing, and storage and logistics with seafood products at the core. The Group will focus on addressing the main objectives of the Medium-term Sustainability Management Plan in order to fulfill its social responsibilities in light of the impact each process has on society and the environment.
Mapping of Value Chain and the Main Objectives
Status of Management for the Main Objectives
Process for Identifying the Main Objectives
The Maruha Nichiro Group identified the main objectives in the field of sustainability as required by the GRI Standards in February 2018. This was against a backdrop of growing interest on a global level in sustainability challenges including the global environment. The Group believes that the creation of such social value and environmental value will lead to the creation of economic value. It has started the Medium-term Sustainability Management Plan centered around the creation of these three types of value from FY2018.
Going forward, we will improve and implement the initiatives in this plan through the PDCA cycle while incorporating feedback from internal and external stakeholders.
Steps for Identifying Main Objectives
Step 1 Identification of social issues
We have identified social issues in consideration of international standards and guidelines including the GRI Standards, ISO26000 core issues, the Ten Principles of the UN Global Compact, and the the Sustainable Development Goals (SDGs).
Step 2 Mapping of social issues
We mapped social issues on the two key coordinate axes of the social perspective and the perspective of the Group. We then narrowed down issues with a high priority level.
*For the items in the GRI Standards, please refer to the GRI Content Index.
Step 3 Deciding on main objectives
The Executive Committee approved the Medium-term Sustainability Management Plan including the main objectives in February 2018 and implemented the four-year plan in April 2018.
Step 4 PDCA management and reviews on main objectives
During the FYE March 2019, the Sustainability Promotion Committee reported on and reviewed progress. Going forward, it will work to establish more concrete key performance indicators (KPIs).
Furthermore, we will conduct ongoing reviews while addressing international social issues, changes in the business environment, and the opinions of internal and external stakeholders.
Please see the Sustainability > Sustainability Management > Management Approach for information about the Sustainability Promotion Committee