Reinvent businesses through technological innovation |
- Obsolescence of existing business models accompanying the rise of new technologies such as IoT and AI
- Labor shortages in developed countries; flight of excellent talent from businesses that are slow to streamline
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- Creation of new markets; provision of innovative services
- Optimization of human resources and logistics by utilizing new technology; enhanced competitiveness by reforming how we work
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Address climate change (contribute to realization of a low-carbon society) |
Transition risk
- Reduction in demand for fossil fuels due to business restrictions on greenhouse gas emissions
Physical risk
- Damage to business due to the increase in abnormal weather (e.g., droughts, flooding, typhoons and hurricanes)
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- Increase in renewable energy and other business opportunities which will contribute to alleviating climate change
- Retention and acquisition of customers by strengthening supply structures that can adapt to abnormal weather
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Cultivate a motivating workplace environment |
- Failure to handle the issue properly could lower worker productivity, cause excellent talent to leave, erase business opportunities, and add to health-related expenses
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- Providing a motivating workplace environment raises worker productivity, improves health and motivation, retains excellent talent, and enhances adaptability to change and new business opportunities
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Respect human rights |
- Human rights problems occurring in more geographically expansive business activities could delay operations or pose a continuity risk
- Insufficient provision of social infrastructure services could erode trust in the company
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- Co-existence with local communities stabilizes business and retains excellent talent
- Consideration for human rights in the supply chain and improved working environments will build a safer and steadier product supply network
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Contribute to healthier and more enriched lifestyles |
- Safety and health issues affecting consumers and service users could erode trust in the company
- Changes in government policy could impact business by destabilizing markets or social insurance systems
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- Advancing food safety/reliability and health will boost demand
- Growth in individual consumption and the spread of the internet will expand services in information, finance and distribution
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Ensure stable procurement and supply |
- Impact from a backlash accompanying the outbreak of environmental problems or worsening relations with local communities
- A price-cutting war in consumer goods could structurally batter the entire industry
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- Higher demand for resources due to population growth and higher living standards in emerging countries
- A steady, environmentally-friendly supply of resources and materials wins client trust and creates new business
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Maintain rigorous governance structures |
- Business continuity risks and unanticipated losses arising from dysfunctional corporate governance or internal controls
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- Establishing robust governance will raise decision-making transparency, enable proper adaptation to change, and lay the foundation for steady growth
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