Materiality
Toyota Boshoku's Materiality
At the Toyota Boshoku group, as we strive to transform from CSR*1 to CSV*2 management, we have been enhancing our corporate value by contributing to the realisation of a sustainable society through our core business. This way of thinking can be deemed the business spirit of ‘for the world and for people’, inheriting for generations from the Principles of Toyoda that are Toyota Boshoku group’s company creed.
In moving towards enhancing corporate value, we formulated the materiality as ‘the Toyota Boshoku group prioritises the identification and resolution of important social issues that it prioritises in its core business among various social issues’.
Toyota Boshoku’s materiality is periodically reviewed by the CSV Promotion Meeting, which takes changes in the business environment into account and effects appropriate revisions. We also devised a mid-term business plan oriented towards achieving materiality, and are monitoring progress and conducting follow-up by means of the KPI Tree of Business Management Structure.
- 1 Corporate Social Responsibility
- 2 Creating Shared Value
Management thought
Toyota Boshoku's Materiality
The Meaning and Concepts of Materiality
Together with further arranging and organising the meaning and concepts of Toyota Boshoku's Materiality, we shall devise the 2025 mid-term business plan oriented towards realising Toyota Boshoku's Materiality.
| Issues Relating to Safety, Environment, and Comfort to Resolve through Core Business | |||
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| 1) | As an Interior Space Creator, we will contribute to people's quality of life, creating comfort, safety, and reassurance through innovation | Toyota Boshoku group has grown from the textile business to the automotive interior business, contributing to enhancing safety and reassurance in daily lives for the world and for people, and will evolving into an Interior Space Creator providing products and services such as those that make use of biological information from sensors to achieve comfort, which is the ability of people to live without unease and true to their own selves (i.e., to achieve smart cities). |
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| 2) | Using our established technical capability, we will contribute to realise a society with no traffic casualties through providing products that assure safety | To contribute to the ambitious target of a society of 'zero traffic casualties', we will continue to offer high-quality, high-safety products (integrated seats, seatbelts, airbags, and other such products) and services that make full use of R&D that is part of Toyota Boshoku's identity. |
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| 3) | Together with our business partners, we will realise MONOZUKURI innovations that minimise environmental stress | Aiming for a sustainable global environment in which children can live in smiling happiness, we will make effective use of business resources and achieve the targets of our 2050 Environmental Vision, including zero CO2 emissions, zero wastewater from production processes, minimising quantities of natural resources used, and minimising waste produced, by working with our business partners to accomplish innovation and improve productivity in MONOZUKURI (and all manufacturing -related processes) by means of the latest leading-edge technologies. |
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| Issues Relating to the People and Organisations that are Our Sources for Exercising Competitiveness | |||
| 4) | We will develop people capable of contributing to society, who have diverse values, a challenging spirit and understand the value of strong teamwork | To continue taking up the challenges of the matter of solving the world's problems, we will develop autonomous human resources capable of marshalling other human resources around the world, understanding ideas and ways of thinking, mutually accepting one another, and thinking together. |
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| 5) | We will continue to be a company of integrity trusted by all our stakeholders, inheriting our tradition of fairness and moral behaviour to the next generation | Henceforth as well, to continue being a company that is trusted by all stakeholders and grows together with them, as we have since our founding, we will continue practicing the values of 'ensuring that our corporate activities are fair and transparent' as held in our corporate philosophy and the Principles of Toyoda that embody the concepts of Sakichi Toyoda, and we will act sensibly as realised in the TB Way. |
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