Materiality
- Identification process of important issues (Materiality) for the Ajinomoto Group
- Materiality Relation Chart
- Important issues (Materiality) for the Ajinomoto Group
- Important Issues (Materiality) for the Ajinomoto Group (The 12 Requirements of Materiality and Their Explanations)
- Risks and Opportunities Relating to Important Issues (Materiality) for the Ajinomoto Group
- Key Initiatives and KPIs Related to Important Issues (Materiality) for the Ajinomoto Group
Identification process of important issues (Materiality) for the Ajinomoto Group
The Ajinomoto Group identifies its important issues (Materiality) that have a substantial impact on our ability to create value in the short, medium, and long term through ASV management, taking into account changes in the macro environment for 2050. Once we identify opportunities and risks from materiality, we clarify their importance and priority, and then reflect these matters in our business activities.
Materiality Relation Chart
Important issues (Materiality) for the Ajinomoto Group are essential to the Group’s ability to continue co-creating social value and economic value over the long term.
The following is our Materiality Relation Chart, which organizes important issues and their relation to increase corporate value from a long-term perspective.
This chart shows how we approach sustainable growth by connecting the power and potential of “AminoScience” (Scientific Possibilities) with the power of stories (Story of Wellbeing)
that contribute to the wellbeing of people, society, and our Planet and creating a cycle. We will (1) hone our co-creation capabilities, (2) take the seikatsusha perspective
(3) achieve wellbeing, and (4) return co-created shared value through our business activities.
The loop that connects these elements symbolizes infinity. By continuing to connect and rotate elements (1) through (4) on this loop, we will continue to co-create social and economic value in a sustainable manner.
Important issues (Materiality) for the Ajinomoto Group
Important Issues (Materiality) for the Ajinomoto Group (The 12 Requirements of Materiality and Their Explanations)
Important Issues (The 12 Requirements of Materiality) |
Explanation |
---|---|
1.1 Transformative innovation capability |
Promote the advancement & application of the Amino/Bio Sciences to enable innovations to promote food system quality, resilience & sustainability. |
1.2 Transparent & objective |
Promote governance structures essential for creating & promoting social & environmental issue solutions & assume an active role in the setting of standards to evaluate & measure social & economic value creation. |
1.3 Constructive engagement for cocreation |
Holistically promote the long-term development of local communities by serving as an honest platformer that enables the efficient use of local assets & resources embedded within platforms of global knowledge. |
2.1 Holistic & inclusive perspective |
Create a seikatsusha perspective oriented R&D capability that empowers individuals to realize their own subjective wellbeing. |
2.2 Local community perspective |
Create & promote food products & production that enables local rights, promotes interests based upon understanding & respect for culture & values. |
2.3 Future generations perspective |
Understand the challenges posed for life stages within future demographics & promote awareness of & enable lifestyles of long-term health through nutrition-based solutions. |
3.1 Human wellbeing |
Promote & support human wellbeing as a right through business activity both short & long term. |
3.2 Community wellbeing |
Promote & support the wellbeing of individuals by contributing to the attainment of fulfillment & reward in both life & work. |
3.3 Planetary wellbeing |
Promote the availability, access & utilization of food in a manner which ensures sustainability on a global scale. |
4.1 Living well |
Empower current & future generations to express, co-create & realize healthy lifestyles in a manner free of trade-offs & compromise. |
4.2 Co-wellbeing |
Create & promote sustainable business models based on value chains wherein value is created & shared in manner which promotes wellbeing among people regardless of differences in regional location, resources & capabilities. |
4.3 Value creating solutions |
Leverage core capabilities as a business to create scalable & collaborative solutions that promote regenerative food systems & societies. |
Risks and Opportunities Relating to Important Issues (Materiality) for the Ajinomoto Group
Major risks and opportunities ( Risk Opportunity) |
Related materiality requirements | |
---|---|---|
No.1 “AminoScience” |
|
1.1 |
No.2 Brand |
|
1.2 |
No.3 Human resources |
|
1.1 2.1 3.1 3.2 4.3 |
No.4 Collection and quantification of on-financial data |
|
1.2 |
No.5 Rise of the SDGs-native generation, spread of social media, and future orientation |
|
2.3 3.3 4.3 |
No.6 Climate change, resource depletion |
|
1.3 3.1 3.3 4.1 4.3 |
No.7 Technological innovation (food, agriculture, environment, digital sector) |
|
1.2 2.3 3.2 3.3 4.1 4.2 4.3 |
No.8 Sustainability consumption/habits |
|
1.1 2.1 2.2 3.1 3.2 3.3 4.3 |
No.9 Population growth, capital inflows to developing countries |
|
2.3 4.1 4.2 4.3 |
No.10 Laws and regulations |
|
1.1 1.3 3.1 3.3 4.2 |
No.11 Governance |
|
1.2 2.2 3.1 |
No.12 Pandemics, political conflicts |
|
1.1 1.3 2.2 3.1 3.2 4.1 4.2 4.3 |
No.13 Terrorism/coups d’etat |
|
1.1 1.3 2.2 4.2 |
No.14 IT Security, Intellectual Property |
|
1.1 1.2 |
Key Initiatives and KPIs Related to Important Issues (Materiality) for the Ajinomoto Group
(Click the table to enlarge)