Recently, the word "sustainability" has been gaining momentum more than ever at a global scale.
We, as a company, are trying to help forward this movement further by installing solar cells on the roofs of our offices and factories, acquiring KES Step 2 certificate (Japanese local management system focused on minimizing environmental impacts), or reducing waste materials from the production processes of building materials to construction sites.
Sustainability, which was first coined in the context of environment protection, now means so much more than that. In 1999, Dow Jones Sustainability Index (DJSI) has been established to asses corporate activities objectively and comprehensively and today, it is one of the most important sustainability metrics in the industry. DJSI checks a broad range of aspects ranging from environmental protection to corporate social responsibility and fundamental company financials, all of which are measured and tested in terms of sustainability. The astonishing fact is that, according to recent research and studies *1 *2, the companies that are scored highly in terms of sustainability are also tend to be successful in business compared to their competitors that put less focus on this matter.
From the day of foundation of our company, we always have believed in the following:
The sole purpose of business is NOT to generate profits.
With this in our mind, we have always worked together for and with customers. In retrospect, this might have been a germ of the concept of sustainability, and we still believe that our future holds on it.
1st January, 2019
*1 Robinson, Michael, et al. “Signaling Sustainability Leadership: Empirical Evidence of the Value of DJSI Membership.” Journal of Business Ethics, vol. 101, no. 3, 2011, pp. 493–505., doi:10.1007/s10551-011-0735-y.
*2 Kim, Yongtae, et al. “Corporate Social Responsibility and Stock Price Crash Risk.” Journal of Banking & Finance, vol. 43, 2014, pp. 1–13., doi:10.1016/j.jbankfin.2014.02.013.