System for promoting Sustainability

As environmental issues such as climate change and human rights issues are becoming more serious, there is a strong demand for actions and efforts toward a sustainable society. In addition to responding to the demands of society, our group will strive to enhance our corporate value by promoting “sustainability management” that aims to both “solve social issues” and “achieve sustainable growth” through our business activities, viewing our efforts to address increasingly complicated and diversified social issues as future “growth opportunities.”
It is also important to increase the number of employees who can act with a clear vision of what the company should be and the company’s mission should be in order to realize the enhancement of our group’s corporate value. By increasing the number of employees practicing our management philosophy, we will achieve personal growth for each employee, as well as corporate growth.

Governance

Our group established the Sustainability Committee in April 2022 to promote “sustainability management” and achieve both “solving social issues” and “sustainable growth” through our business activities. We have also established 4 subcommittees under the Sustainability Committee in order to strengthen our response to important sustainability issues. The Sustainability Committee regularly holds a meeting on the same day as the meeting of the Board of Directors to formulate concrete measures to address sustainability issues, monitor progress and evaluate achievements. The Board of Directors receives reports from Representative Director, President and CEO, who is the chairperson of the Sustainability Committee, and gives instructions regarding our group’s policies and initiatives to address sustainability issues.
The Sustainability Committee met 7 times in total out of 17 meetings of the Board of Directors held during the fiscal year ended March 2024. It primarily shared issues in relation to “reduction in greenhouse gas emissions resulting from business activities,” “initiatives for realizing a resource circulation society,” “promoting responsible procurement activities,” and “initiatives for respecting human rights in responsible supply chains, etc.,” set targets for the period of the medium-term management plan, and discussed and managed progress of specific activities.

Subcommittee for Carbon Neutral

In order to reduce the environmental impact and environmental risk of Wacoal Group's business activities and to promote voluntary and active environmental preservation activities, it will deliberate on activity policies and initiatives related to environmental issues, such as climate change measures and reducing the environmental load of back offices, and strategic investment projects related to environmental preservation, and monitor progress.

Subcommittee for Resource Circulation

In order to promote sustainable use of resources and materials in the supply chain, resource conservation measures, and waste reduction and recycling, and thereby achieve a resource circulation society, it will deliberate on procurement policies and quality standards for environmentally-friendly materials, and monitor the progress of waste reduction in production and procurement activities.

Subcommittee for CSR Procurement

Being responsible for formulating and checking the progress of Wacoal Group's CSR procurement plans, it will accurately grasp the status of compliance with the Wacoal Group CSR Procurement Guidelines and lead the initiatives to make corrections and improvements continuously, by operating a cycle from monitoring manufacturing contractors and raw material suppliers through self-evaluation, etc., analysis and evaluation feedback, correction and improvement plans, to follow-ups.

Subcommittee for Human Rights, D&I

In order to ensure that the obligations of respecting human rights under the Human Rights Policy is fulfilled and the duties are properly carried out, it will provide educational activities related to the protection of human rights and advice and recommendations on implementing human rights due diligence. In addition, it will implement various measures, including holding internal seminars, in order to create a workplace environment that can accommodate diverse employees and maximize their individual abilities.