Companies should consider what is required from a societal perspective, setting their materiality (material issues) and targets accordingly. By doing so, they can bridge the gap between current achievement levels and the levels demanded by society.
We believe that setting ambitious goals based on societal needs, rather than on companies' circumstances, is important.
Identification Process
With the aim of realizing a sustainable society and enhancing our corporate value, Toko Electrical Construction has defined its material issues through Steps 1 to 4 below.
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Extract social and environmental issues
Extract social and environmental issues related to our business comprehensively, based on international guidelines, industry trends, and ESG developments.
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Evaluate the issues
Evaluate each extracted issue from multiple perspectives, including its impact on our business, potential risks and opportunities, and the degree of interest from stakeholders.
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Prioritize the issues
Based on the evaluation results, sort the issues and clarify priority issues by comparing the level of societal expectations with the strategic importance of each issue to our company.
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Identify materiality
From the priority issues, identify materiality (material issues) that contribute to our medium- to long-term value creation and should be integrated into our management strategy.
Our Approach to Materiality
We prioritize materiality with an eye on growth in line with our vision of ourselves in the future, based not on our current position but on the impact on and needs of society and the environment. This approach originates from societal expectations and demands that go beyond the conventional product-out or market-in thinking.
Identification of Materiality
Based on both a stakeholder perspective and our own management perspective, we identified especially important and high-priority materiality from multiple issues.
Our Materiality
We have clarified from an ESG perspective the material issues that should be addressed over the long term and on a priority basis.
Materiality
Main activities
Related SDGs
Environment
- Promote a carbon-neutral society
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- Promote power generation, construction, and O&M businesses that encourage the use of renewable energy.
- Make efforts to improve the energy efficiency of the equipment we provide.
- Reduce greenhouse gas (GHG) emissions in our corporate activities.
Social
- Ensure safety and construction quality
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- Thoroughly enforce safety-first site management and supervision (zero industrial accidents).
- Establish construction sites that ensure both quality and productivity (zero quality complaints).
- Ensure the mental and physical health of construction workers.
- Adapt to changes in the business environment with digital technologies
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- Develop new construction methods using AI/IoT technologies that reduce the burden on contractors and construction managers.
- Improve the efficiency of construction site management and supervision operations using accumulated digital data.
- Realize customer needs and values that change with the times through digital technologies.
- Create a fulfilling workplace environment
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- Develop and implement management plans that allow every employee to feel they are contributing to society.
- Encourage workplace communication that recognizes and commends each other's achievement of goals and growth.
- Clearly define and strictly implement job responsibilities and compensation commensurate with each individual's capabilities and role.
- Develop the human resources required for the next-generation construction industry
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- Offer educational opportunities that ensure the transfer of skills and provide advanced expertise.
- Foster proactive motivation for professional skill enhancement.
- Promote diversity in the construction industry
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- Create equal opportunities and workplace environments for all individuals, regardless of their nationality, age, or gender.
- Encourage diverse work styles that are not bound by time, location, or region.
- Achieve work-life balance by ensuring days off and reducing overtime.
Governance
- Promote sound and transparent corporate management
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- Accelerate the reallocation of management resources by establishing clear decision-making rules for investments in existing businesses, new business entries, and business withdrawals.
- Strengthen the business management foundation by visualizing customer- and property-specific income and expenditures.
