26• I’d like to express my respect for your efforts to identify materiality. I hope that you will continue to revise and update your viewpoints on this issue in accordance with the environment surrounding your business and your business strategy.• The construction industry is in the business of constructing infrastructure that will last for decades or more. Therefore, considering the SDGs and other decarbonization initiatives, it is desirable to set long-term goals such as the 2030 to 2050 timeframe and consider what must be done to attain them.• Decarbonization remains a pressing environmental issue. The construction industry must establish recycling-based business models and must also recognize the rising international concerns with biodiversity and ecosystem protection and analyze how these concerns will affect the company business.• Corporate responsibility for protecting human rights is currently under intense focus. Respect for human rights must be understood not just as a philosophy or motto, but as a crucial and central corporate issue to be effectively managed through the PDCA cycle.• The issues of decarbonization, ecosystem protection, and human rights require appropriate action based on a consideration of the entire value chain. I look forward to steady progress in your management of these issues.• The recruitment and employment of young workers and active participation of women are frequently cited as challenging issues for the construction industry. The obligations include promoting young human personnel, including their career development, promoting a thriving female workforce, and promoting effective work-life solutions.• I have high regard for your efforts in promoting work style reforms, encouraging teleworking and flextime systems, and soliciting employee viewpoints. Due to certain legal changes, companies will be required to encourage male workers to take childcare leave. In this regard, the ratio of child-care leaves taken by your male workers already exceeds the Japanese average. This is an important starting point in creating future work styles.• Detailed KPIs must be set to assess progress on work-life balance initiatives and to advance the participation of female workers. To adequately reflect the participation of female workers, these indicators must account not just for the number and ratio of female managers, but other data, including service years of female employees and retention after childbirth or other events.• Within the construction industry, head offices may find it relatively easy to promote work style reforms. But these initiatives may be significantly more difficult at construction sites and other workplaces outside the head offices. The question of how to diversify work styles at worksites other than headquarters—including what action to take regarding employee age structures, retirement ages, and other issues and how to propose and diversify work styles and human resources—are future challenges that must be kept in mind.• The construction industry has a particularly high affinity for energy saving and renewable energy potential associated with buildings. Given the current levels of Scope 3 emissions, the consequences of CO2 reduction efforts involving the renovation of residences and commercial facilities, particularly in urban areas, will likely be quite significant. Thus, the recommendation here is to identify the CO2 emissions in value chains, set CO2 reduction targets from the perspective of SBT (Science Based Targets), and proceed with decarbonization activities. Making effective use of domestic lumber from thinning for preventing liquefaction, etc. contributes not just to carbon fixation, but advances the sustainable procurement of wood materials. These measures should be publicized more extensively.• As TOBISHIMA CORPORATION extends its operations to Southeast Asia and Africa, its actions on water resources will prove significant. More emphasis is needed on environmental preservation, including water resources, and on effective water treatment methods. The company should disclose more information concerning its recognition of related risks and actions to rectify these issues.• The Company’s deep experience and record of achievements in disaster prevention initiatives are highly commendable. Ideally, it should provide the public with more information on its various solutions to social issues, on the framework of its business strategies, and its contributions to various stakeholders—including customers and local communities.• In addition to its ESG activities and financial positions, corporate culture plays a significant role in meeting the expectations of investors and shareholders. In this regard, we find the efforts to promulgate the founder’s philosophy of Rita Riko within the company highly commendable. This aspect is worthy of wider disclosure outside the company.Masao SekiSenior Advisor, Sustainability Promotion Division, Sompo Japan Insurance Inc.Project professor, School of Business Administration, Meiji UniversityHiromi SakazumeProfessor, Department of Lifelong Learning and Career Design, Hosei UniversityMiyako EnokiboriAssociate Director, CDP Japan, PhD (Environmental Studies)Kyoko NaritaSenior Manager, CDP JapanComments from experts concerning the identification of SX Materiality issues
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