Ryohin Keikaku Co., Ltd.

Ryohin Keikaku and Sustainability

Material Issues and Indicators

Four Material Issues

We have identified four material issues in line with our ESG strategy toward 2030. We also set ESG indicators aligned with these material issues in order to track the progress of ESG implementation.

Material Issue 1: Build a Sustainable Society While Achieving Circularity, and Coexisting with Nature

  • Reduce the use of fossil-based raw materials and fuels
  • Ensure business operations based on integrity and ethical judgements
  • Democratize sustainability in a way that is accessible to everyone
  • Inherit culture and tradition

Material Issue 2: Address Local Challenges and Revitalize Regions

  • Revitalize regional economies and industry through store openings and business development that highlights local traditions and utilizes local resources
  • Build local communities that are active and lively

Material Issue 3: Practice Business Activities in Which Each and Every Diverse Individual Plays a Leading Role

  • Maximize the value of diversity and inclusion to achieve open innovation
  • Build a self-motivated and autonomous corporate culture
  • Achieve high employee engagement and workplaces where everyone can play an active role

Material Issue 4: Realize Governance Aligned with “Public Interest and People-Centered Management”

  • Generate co-creation with people and local communities
  • Realize governance with people in local communities as shareholders
  • Encourage co-owned management by employees
  • Earn strong support from investors

Indicators and Progress

Please refer to the ESG Data Book for the annual progress of the key issue indicators.

ESG Data Book

Process for Identifying Material Issues

Ryohin Keikaku identified material issues in formulating its ESG strategy through 2030. The process involved:

We used the scoring system to narrow our focus to four items based on assessment of risks and business opportunities. These items were then approved by the Board of Directors and positioned as our material issues. In January 2024, we reviewed some of our material issues due to social demand as well as changing market and business conditions.

Material Issues and Indicators | Ryohin Keikaku Co., Ltd.