Materiality and Sustainability ManagementSustainability Management and Advancement Structure

Under the corporate mission "Materials Innovation - We create value through materials to enrich society, people and the environment," JSR Group aims to build and maintain good relationship with all of our stakeholders and become an indispensable corporate citizen. And we will promote initiatives that benefit all stakeholders—customers and business partners, employees, society, the environment, and shareholders.

1. Sustainability Promotion Committee

Following the June 2020 General Meeting of Shareholders, JSR Group restructured its CSR Committee into a new Sustainability Promotion Committee. This move was made to promote activities that benefit all stakeholders by creating value through not only CSR (corporate social responsibility) but also all areas of corporate activity. Our aim here is to use our Corporate Mission as the basis for building a good relationship with various stakeholders and become a company that is trusted and needed.

To discuss and adjust matters related to sustainability, starting with policies on sustainability activities, based on the internal and external state of affairs related to ESG/SDGs, the Sustainability Promotion Committee has established four committees: The Sustainability Planning Committee, Environment, Safety and Quality Committee, Risk Management Committee, and Corporate Ethics Committee. The Sustainability Promotion Committee supervises and guides the four committees, and also strengthens and promotes their management through regularly scheduled meetings (held four times annually) as well as extraordinary meetings. In principle, the Committee also reports on activities once every quarter to the board of directors and undergoes supervision/observation by the board of directors.

The Sustainability Promotion Committee is chaired by the President. Participants are the officers responsible for manufacturing, manufacturing technologies, safety and environmental affairs, research and development, human resources development, accounting and financial affairs, corporate planning, corporate communications, legal affairs, general affairs, raw materials and equipment procurement, production and distribution, quality assurance, the Elastomers Business, the Plastics Business, the Digital Solutions Business, and the Life Sciences Business. Also participating are the offices of the four aforementioned committees. The Sustainability Promotion Council operates with a structure that covers all businesses and functions of the Group.

We endeavor to build confidence among our all stakeholders by disclosing information on the content and results of those activities in the Sustainability Report.

Moreover, we strive to raise Sustainability Report's reliability and transparency by subjecting it to third-party certification.

JSR Group's Sustainability Promotion Committee

2. Sustainability Planning Committee

JSR Group maintains a Sustainability Planning Committee that is chaired by the officer in charge of sustainability promotion.

This committee studies and promotes corporate activities oriented toward “sustainability.” They include Creating Shared Value (CSV) activities through co-creation with business departments, activities associated with the Task Force on Climate-related Financial Disclosure (TCFD), and responses to climate change. The committee also addresses social contribution activities by studying new undertakings and advancing existing activities based on JSR Group’s Philosophy for Social Contribution.

3. Environment, Safety and Quality Committee

We believe “making sustainable development possible” is an important form of corporate responsibility. We therefore address the environment, safety, and quality through an approach centered on “responsible care.” Because we see this as a management priority, we strive to effectively promote company-wide activities in these areas by maintaining an Environment, Safety and Quality Committee. This committee is chaired by the officer in charge of product safety and quality assurance/safety and environment affairs.

The committee approves plans that concern responsible care activities within the contexts of the environment, safety, and quality. It also evaluates and verifies the results of these activities. The committee additionally strives to maintain and improve responsible care as it pertains to the elimination of accidents, reduction of environmental impacts, chemical management, and product safety.

4. The Risk Management Committee

We believe that preventing major crises and minimizing their effects on business activities should they occur are important management challenges. Given this, we have formulated Risk Management Policies and established a Risk Management Committee that is chaired by the officer in charge of corporate management.
The Risk Management Committee promotes continuous improvement of response guidelines and response plans for both manifested and potential crises.

5. The Corporate Ethics Committee

JSR Group practices and promotes corporate ethics by setting down the JSR Group Principles of Corporate Ethics—a code of conduct for fulfilling our "responsibility to our stakeholders," one of the management policies that support the realization of our management philosophy—and establishing a Corporate Ethics Committee chaired by the officer in charge of general affairs.

This committee makes certain that JSR's Course of Action is recognized throughout the Group as a statement demanding compliance in daily corporate activity. It also regularly confirms the circumstances of compliance each year and works to continually improve them.

Our concern for ethics also extends to our internal reporting system. For employees, we have an internal hotline connected to the Corporate Ethics Committee, an external hotline connected to a designated independent attorney, and an external hotline connected to an independent and specialized outside organization that is capable of handling communication in English, Chinese, Korean, and Thai. We have also set up an external hotline for our business partners.