Sustainability

Sustainability Action Plan

Hayashibara’s Sustainability Action Plan
To address the key sustainability issues (Materiality for Hayashibara) which it identified in FY2019, Hayashibara has formulated its Sustainability Action Plan, under which it is moving forward with relevant initiatives in company-wide unity. The plan makes a clear statement of the “value delivery to stakeholders” that is our goal for 2030 and sets interim targets for FY2025 on the way to reaching that goal.
Hayashibara’s Sustainability Action Plan
Sustainability Action Plan
People
and Corporate Culture
Enjoy the change and take action
Value delivery in 2030 Development of leaders to drive business growth and enhancement of diversity
Related Materiality Improvement in employee engagement
Targets for FY2025
  • (1) Develop next-generation leaders based on a succession plan
  • (2) Enhance gender equality in managerial positions
  • (3) Active recruitment of overseas nationals
Targets for FY2021
KPIs or key initiatives
  • (1) Formulate an initial succession plan
  • (2) Select female manager candidates
  • (3) Identify issues and improve work environment for recruitment of overseas nationals
Value delivery in 2030 Every employee realizes their potential inspired with a motivation to contribute
Related Materiality Improvement in employee engagement
Targets for FY2025
  • (1) Create an “everyone on board” corporate culture
  • (2) Make it the normal practice among many employees to reflect on their own role and express their own thoughts
Targets for FY2021
KPIs or key initiatives
  • (1) Hold dialogues between directors and employees on ”Hayashibara in 2030”
  • (2) Formulate an employee engagement survey and implement a trial
    • ・Formulate career sheets for certain departments
    • ・Work to create an organization with psychological safety and ownership
Value delivery in 2030 Pursuit of integrity through strengthening of corporate governance: shift from ”do no wrong” to “do good things”
Related Materiality Improvement in employee engagement
Targets for FY2025
  • (1) Evolve from compliance to integrity
  • (2) Improve functions and transparency of corporate-wide meetings
Targets for FY2021
KPIs or key initiatives
  • (1) Educate on, and spread awareness of, the concept of integrity
  • (2) Review composition and method of operation of corporate-wide meetings
Value delivery in 2030 Promotion of health management
Related Materiality Improvement in employee engagement
Targets for FY2025
  • (1) Promote health maintenance and improvement and work-life balance
  • (2) Reduce traffic accidents
  • (3) Reduce work accidents
Targets for FY2021
KPIs or key initiatives
  • (1)
    • ・Year-on-year improvement in rate of irregular findings in staff general health checkups
    • ・Activity to achieve certification under “Okayama White+”
  • (2) 50% reduction in number of at-fault accidents by FY2023 (base year FY2017: 20 accidents)
  • (3)
    • ・Frequency rate: 1.0 or less
    • ・Work accident frequency: 1.0 or less by FY2023
BusinessPursue market-leading technology to improve people’s QOL in the world
Value delivery in 2030
(Food Ingredient business)
Contribution to future of food culture, delivery of vitality to the world
* Commitment for UN Food Systems Summit 2021
Related Materiality Contribution to increasing health and life expectancy / Stable securement of food
Targets for FY2025 Have our products used in foods that contribute to increasing health and life expectancy and securing a stable food supply
Number of foods developed using our products: 100 or more
Targets for FY2021
KPIs or key initiatives
Number of foods developed using our products: 20 or more
Value delivery in 2030
(Personal Health Care business)
Improvement of quality of life and contribution to increasing health and life expectancy
Related Materiality Contribution to increasing health and life expectancy / Reduction of environmental impacts
Targets for FY2025
  • (1) Develop formulations that contribute to resolving social issues and establish market track record (personal care field)
  • (2) Develop new materials through collaboration with business partners
Targets for FY2021
KPIs or key initiatives
  • (1) Develop formulations to propose to customers
  • (2) Discuss social issues with customers and study joint development themes
Value delivery in 2030 Creation of new technology through open innovation
Related Materiality Contribution to increasing health and life expectancy / Stable securement of food / Reduction of environmental impacts
Targets for FY2025
  • (1) Identify strengths and weaknesses of in-house-developed technology from market perspective and realize co-creation with partners able to refine existing technologies
  • (2) Acquire legal and negotiation capabilities to stand on an equal footing with leading domestic and overseas companies
Targets for FY2021
KPIs or key initiatives
  • (1)
    • ・Establish official themes through business-academia SDG partnership with Okayama University
    • ・Build overseas researcher network
  • (2)
    • ・Build external expert network
    • ・Strengthen ability to handle international projects
EnvironmentContribute to making the world more sustainable through business
Value delivery in 2030 Contribution to a sustainable society by reducing environmental impacts
Related Materiality Reduction of environmental impacts
Targets for FY2025 Reduction of 7% compared to FY2018 in each item:
CO2 emissions, electric power consumption, gas consumption, water consumption, wastewater amount, industrial waste
Targets for FY2021
KPI and related measures
Reduction per unit of 1% or more in each item
Value delivery in 2030 Improvement in productivity, sustainability of manufacturing sites
Related Materiality Improvement in employee engagement
Targets for FY2025 Drive investment in ICT
Targets for FY2021
KPIs or key initiatives
Consider use of tablet devices
Value delivery in 2030 Provision of safety and reliability through world-class management system
Related Materiality Contribution to increasing health and life expectancy / Stable securement of food / Reduction of environmental impacts
Targets for FY2025
  • (1) Put in place and embed the Hayashibara original integrated quality management system
  • (2) Deliver trusted product quality
Targets for FY2021
KPIs or key initiatives
  • (1)
    • ・Optimization of organization and functions
    • ・ Efficient operation of the quality system (establish an integrated quality management system)
  • (2) Reduce customer complaints: 10% reduction compared to three previous years
Value delivery in 2030 Establish quality culture
Related Materiality Contribution to increasing health and life expectancy / Stable securement of food / Reduction of environmental impacts
Targets for FY2025 Put in place system to instill quality culture
Targets for FY2021
KPIs or key initiatives
  • ・ Identify a goal and ensure its recognition throughout the Company
  • ・ Plan and implement specific activities/educational programs
  • ・ Set and evaluate method for assessment of degree of maturity of employees
Value delivery in 2030 Reduction of environmental impacts throughout supply chain
Related Materiality Reduction of environmental impacts
Targets for FY2025
  • (1) Sustainable procurement: Improve Ecovadis score
  • (2) Have in place an efficient logistics network in cooperation with customers
  • (3) Review supply chain from the viewpoint of social issues
Targets for FY2021
KPIs or key initiatives
  • (1) Formulate and disclose new procurement guidelines and checklist and start communication with business partners
  • (2)
    • ・Reduce CO2 in domestic logistics
    • ・CO2 emissions: Reduction of 1% or more from the previous year
  • (3) Change in packaging in line with customer working environment