Sustainability Management

To vigorously promote sustainability management, a sustainability committee has been structured and implement To achieve solutions for identified materialities (important issues), Pigeon works Group-wide across organizations, assembling a promotional framework for coordination and raising awareness among all Group employees.

Establishment of a Sustainability Committee

At the meeting of the Board of Directors held on December 14, 2020, the Company passed a resolution to establish a Sustainability Committee.

The Sustainability Committee was established to strongly drive ESG management in the Pigeon Group as a function of business execution, from a medium-to-long-term perspective. The Committee is chaired by the General Manager of Global Head Office and includes the Division Managers of each Business Division as well as the Business Strategy Division Managers. The Sustainability Committee meets twice or more a year, setting medium- and long-term targets, identifying and regularly revising materialities and reviewing progress on measures toward resolving materialities. Each time the Sustainability Committee meets, it reports the results to the Board of Directors.

Organizational Chart of Sustainability Committee

Each business unit has its own Sustainability Committee, chaired by the head of each business unit. These Committees confirm the progress of activities in the companies in their respective segments and identify issues to address.

Proceedings of the Sustainability Committee

Committee Members

Chair	Tadashi Itakura	Director, Senior Managing Executive Officer Head of Global Head Office
Committee Members	Yasunori Kurachi	Director, Managing Executive Officer Head of Japan Operations
	Kevin Vyse-Peacock	Director, Executive Officer Lansinoh Business Division Manager/ CEO of Lansinoh Laboratories, Inc.
	Ryo Yano	Senior Managing Officer China Business Division Manager/ Representative Director of Pigeon (Shanghai) Co., Ltd.
	Yusuke Nakata	Senior Managing Officer Singapore Business Division Manager/ Chairman of the Board of Pigeon Singapore Pte. Ltd.
	Nobuo Takubo	Managing Officer, Business Strategy Division Manager
Expert	Mitsuru Omori	The Japan Research Institute, Ltd., Senior Principal Investigator

Agenda

FY2021 the Sustainability Committee meetings (1st∼4th)

1st meeting of the Sustainability Committee (March 1, 2021)
・Explanation of the purpose of establishing the Sustainability Committee
・Description by outside experts of the latest trends in ESG/ SDGs and deliberation on ESG themes
・Reports on progress of FY2020 activities in each Business Division

2nd meeting of the Sustainability Committee (July 13, 2021)
・Reports on progress of FY2020/1H activities in each Business Division
・Toward the formulation of a long-term environmental vision

(Discussions toward the realization of a decarbonized society, a circular economy, and a harmonized society with nature)

3rd meeting of the Sustainability Committee (September 30, 2021)
・Information sharing for scope 3 calculation
・Toward the formulation of a long-term environmental vision

(Discussions toward reduction targets for realizing a decarbonized society)

4th meeting of the Sustainability Committee (November 29, 2021)
・TCFD analysis progress report
・Toward the formulation of a long-term environmental vision

(Discussions toward the realization of a circular economy and a harmonized society with nature)

FY2022 the Sustainability Committee meetings (5th∼7th)

5th meeting of the Sustainability Committee (February 21, 2022)
・Reports on progress of FY2021 activities in each Business Division
・Toward the formulation of a long-term environmental vision

(Discussions toward the realization of a circular economy and a harmonized society with nature)

・Discussion of New Materiality toward the formulation of the 8th Mid-Term Business Plan

6th meeting of the Sustainability Committee (July 26, 2022)
・Reports on progress of FY2022/1H activities in each Business Division
・Description by outside experts of the latest trends in human rights and TNFD
・Toward the formulation of a long-term environmental vision

(Discussions toward reduction targets for realizing a decarbonized society and a circular economy)

7th meeting of the Sustainability Committee (November 30, 2022)
・Toward the 8th Mid-term Business Plan including Key Issues (Materiality) & the long-term environmental vision
・Initiatives for FY2023 (Moving from the target formulation stage to the implementation stage)

- Establish a operating system to achieve targets

- Promote procurement of RSPO-certified sustainable palm oil

- Promote decarbonisation

- Conduct Human Rights Due Diligence

Raising ESG Awareness within the Group

The Pigeon Group is conducting a wide range of efforts to raise awareness of ESG within the Group. To promote ESG activities among employees of the Pigeon Group, the Group has introduced a Web-based in-house newsletter, accessible to all employees worldwide. Distributed regularly, this newsletter contains educational content regarding ESG as well as descriptions of efforts at each Group company, in Japanese, English and Chinese, sharing knowledge and information about specific case studies. In addition to distributing information, the Group is drawing up plans and recruiting employees to try out environmentally friendly products for reference purposes and provide reports on the experience. The aim of these efforts is to involve employees directly in the information-sharing process and spread awareness through experience. Pigeon Corporation also strives to spread ESG activities within the company by holding briefings for new employees on ESG management and SDGs training by external lecturers. Furthermore, from 2021, Pigeon Corporation launched its corporate-led volunteer program, in which employees can participate by taking volunteer leave, giving employees the opportunity to experience social contribution activities.

Cases of "ESG News" distributed regularly in global internal newsletters

SDGs training for new employees

For more details, please check "Our Sustainable Actions."

　・SDGs Training for New Employees (Japan - Pigeon)

Corporate-led volunteer activities

For more details, please check "Our Sustainable Actions."

　・Supporting Mothers Staying with Their Children in Hospital (Japan - Pigeon)

　・Helping to Create a Neighborhood Filled with Flowers and Greenery (Japan - Pigeon)

　・Helping to Create a World Where Children Can Play Freely(Japan - Pigeon)

Sustainability