CSR Management
Materiality and Sustainability Targets
In fiscal 2017, Sysmex identified priority issues (materiality)with a view to realizing a sustainable society and achieving sustainable growth for the Group. In fiscal 2020, we reviewed materiality while working on our new mid-term management plan (fiscal 2021 to 2023), taking account of changes in economic, environmental taking into account. We also revisited our KPIs linked to the materiality and set the reviewed KPIs as our new sustainability targets. Our departments roll out their execution plans and activities to achieve these sustainability targets. They also report their progress regularly at management meetings, including the Managing Board meetings. The targets are then reviewed, and new measures are considered in a PDCA cycle.
| Materiality | SDGs Targets |
|---|---|
Resolution of Medical Issues through Products and Services
|
 |
Responsible Provision of Products and Services
|
 |
Realization of an Attractive Workplace
|
 |
Environmental Consideration
|
 |
Strengthening of Governance
|
 |
- New materiality topics: No major changes have been made to the those most recently identified, in fiscal 2017. Some modifications were made to wording.
The Process of Identifying Materiality
Identifying and Reviewing Materiality
STEP.1 Understand and Organize the Issues
We analyzed society’s requirements based on international guidelines, such as the GRI Standards, the SDGs, and SASB Standards, as well as screening content from sustainability assessment bodies. We compared these requirements against the characteristics of Sysmex’s business, our current initiatives, and our visions for the future presented in our long-term management goals and mid-term management plan. We then defined 24 new related aspects.
STEP.2 Priotize
We then conducted an overall assessment of the 24 related aspects identified in Step 1 along two axes: the degree of importance to Sysmexʼs stakeholders (the extent of the impact on decision-making by stakeholders) and, from the perspective of risks and opportunities, the degree of importance to Sysmex (the extent of the company’s impact on the economy, environment, and society). Through this process, we discovered the 13 most important issues requiring priority initiatives.
Sysmexʼs Materiality Matrix
STEP.3 Confirm Suitability, Establish Materiality
The materiality topics organized as a result of Step 2 were sorted according to advice from external sustainability experts and approved at a management meeting chaired by Sysmex’s Chairman and CEO. Moreover, sustainability targets aligned with the materiality topics were specified in the mid-term management plan and approved by the Managing Board.