ESG KPIs: Targets and Results
In December 2021, Toyota Boshoku Corporation established ESG KPIs, non-financial KPIs that measure social value, in addition to financial KPIs that measure economic value established in the 2025 Medium-Term Business Plan. Based on ESG KPIs, we will meet the expectations of our stakeholders by realizing our materiality and enhancing our corporate value.
These ESG KPIs are followed up at the CSV Promotion Meeting, (chaired by CSO(Chief Strategy Officer) which is held twice a year.
<Approach to the formulation of ESG KPIs>
- Organize from an ESG standpoint
- In line with the Toyota Boshoku group Sustainability Policy
- Progress toward materiality can be measured
- In line with the Corporate Governance Code
- Respond to the demands of society
Materiality
- As an Interior Space Creator, we will contribute to people’s quality of life, creating comfort, safety, and reassurance through innovation
- Using our established technical capability, we will contribute to realize a society with no traffic casualties through providing products that assure safety
- Together with our business partners, we will realize MONOZUKURI innovations that minimize environmental stress
- We will develop people capable of contributing to society, who have diverse values, a challenging spirit and understand the value of strong teamwork
- We will continue to be a company of integrity trusted by all our stakeholders, inheriting our tradition of fairness and moral behavior to the next generation
Environment
| NO. | Materiality | KPI Evaluation items | FY2023 Results | Target | |
|---|---|---|---|---|---|
| FY26 | FY31 | ||||
| 1 | (3) | Production CO2 emissions reduction ratio (compared to FY2014) | Reduction of 31％ |
Reduction of 25％ |
Reduction of 50％ |
| 2 | (3) | Renewable energy installation ratio | 23％ | 15% | 40% |
| 3 | (3) | CO2 emissions ratio in logistics (compared to FY2012) | Reduction of 30％ |
Reduction of 14％ |
Reduction of 20％ |
| 4 | (3) | Waste emissions reduction ratio (compared to FY2012) | Reduction of 20％ |
Reduction of 14％ |
Reduction of 20％ |
| 5 | (3) | Water consumption reduction ratio (compared to FY2014) | Reduction of 35％ |
Reduction of 6％ |
Reduction of 8％ |
| 6 | (3) | Symbiosis with nature (number of trees planted) | 7.2k | Cumulative 640k |
Cumulative 770k |
| 7 | (3) | Ratio of sales of unit components of electrified products that will lead to minimization of environmental impact | 6.5% | 10% | 45% |
Social
| NO. | Materiality | KPI Evaluation items | FY2023 Results | Target | |
|---|---|---|---|---|---|
| FY26 | FY31 | ||||
| 8 | (1)(2) | Number of patent applications | 355 | 320/year | 500/year |
| 9 | (1)(2) | Number of external presentations and papers | 66 | 90/year | 120/year |
| 10 | (1) | Rate of new product development leading to Interior Space Creator | 5% | 15% | 30% |
| 11 | (2) | Ratio of vehicles that are expected to use products that contribute to traffic safety | - | 20% | 50% |
| 12 | (4) | Number of participants in social contribution activities | total 2,980 | total 2,000 | total 2,000 |
| 13 | (5) | Degree of implementation of the Code of Conduct | 87% | 100% | 100% |
| 14 | (4) | Number of stress checks conducted for all employees | 1/year | 1/year | 1/year |
| 15 | (4) | Health checkup rate | 87% | 100% | 100% |
| 16 | (4) | Number of serious accidents involving company members | 0 | 0 | 0 |
| 17 | (3)(5) | Number of serious accidents involving outside contractors and visitors | 0 | 0 | 0 |
Governance
| NO. | Materiality | KPI Evaluation items | FY2023 Results | Target | |
|---|---|---|---|---|---|
| FY26 | FY31 | ||||
| 18 | (3)(5) | Number of environmental abnormalities and complaints | 1 | 0 | 0 |
| 19 | (5) | Number of serious cyber security inncidents | 1 | 0 | 0 |
| 20 | (5) | DX certification | Certified company | DX-Excellent company | DX-Excellent company |
| 21 | (5) | Number of violations of antitrust laws | 0 | 0 | 0 |
| 22 | (5) | Number of violations of anti-bribery laws | 0 | 0 | 0 |
| 23 | (4)(5) | Response to human rights risks in the supply chain (development of human rights due diligence) | Held meeting with suppliers | expansion ratio 100% | expansion ratio 100% |
| 24 | (5) | External awards from customers | 8 | 5 | 5 |
| 25 | (5) | Compliance with timely and appropriate disclosure | 100% | 100% | 100% |