There are many responsibilities that the NISSIN FOODS Group should fulfill, including the establishment of a food safety management system, the reduction of environmental impacts, and the establishment of corporate governance. In addition to these, in fiscal 2019, the NISSIN FOODS Group took the following steps to establish the themes (material issues) which we should especially focus on.
From fiscal 2020, we plan to work on formulating policies and action plans for each of the identified material issues.
Step 1: Extracting stakeholders’ expectations of the Group
Areas of emphasis in the Dow Jones Sustainability Index (DJSI)* were extracted as stakeholders’ expectations of the NISSIN FOODS Group. Stakeholders’ degree of expectation was determined from the distribution of points among the items established within the DJSI.
- *This is an ESG investment stock index which evaluates the sustainability of companies from the three aspects of the economy, the environment, and society. Evaluation is carried out by S&P Dow Jones Indices. A wide range of items are defined under each aspect.
Step 2: Measuring the degree of impact on the Group’s businesses
The items extracted in Step 1 were analyzed for their degree of impact on the businesses of the NISSIN FOODS Group.
Step 3: Identifying important themes the Group should focus on
Degree of stakeholders’ expectations of the NISSIN FOODS Group and the degree of impact on the Group’s businesses were combined to extract important themes the Group should undertake intensively. These were prioritized to identify four material issues.