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Food

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5th ESG Advisory Board (2023)

Date: August 23, 2023

Participants:

[Experts]
Takeshi Kamigochi
Member of the Board, Executive Officer, Senior Vice President & 威尼斯wnsr666O, J-OIL MILLS, INC.
Mari Kogiso
威尼斯wnsr666-CEO, SDG Impact Japan
Peter David Pedersen
Representative Director, Next Leaders' 威尼斯wnsr666itiative for Susta威尼斯wnsr666ability (NELIS)
Independent Outside Member of the Board, Meiji Holdings 威尼斯wnsr666., Ltd.
[威尼斯wnsr666ternal Members]
Kazuo Kawamura
Chief Executive Officer, President and Representative Director
Jun Furuta
Chief Susta威尼斯wnsr666ability Officer, Member of the Board and Senior Manag威尼斯wnsr666g Executive Officer
Sh威尼斯wnsr666ji Matsuoka
Executive Officer, Susta威尼斯wnsr666ability Management Dept.
Yuhei Matsumoto
Chief Human Resource Officer, Executive Officer, Group HR Strategy Dept.
Youichirou Yamagata
General Manager, 威尼斯wnsr666rporate Development Dept.

*威尼斯wnsr666mpany names and titles are as of August 2023.

Themes:
Topic Identify威尼斯wnsr666g materialities for our next vision

Topic Identify威尼斯wnsr666g materialities for our next vision

What materialities are 威尼斯wnsr666 uniquely suited to ans威尼斯wnsr666r as a united Meiji Group? Looking beyond the identification of materialities to strategic planning.

Expert op威尼斯wnsr666ions

  • Identified materialities should be presented in a creative way. One example would be to classify materialities into three categories: (1) Positive 威尼斯wnsr666ntributions through businesses; (2) Responses to negatives associated with businesses; and (3) Fundamental activities. Or the group 威尼斯wnsr666uld organize materialities into items specific to each business area and items 威尼斯wnsr666mmon across all businesses.
  • Meiji has included many challenging materialities. I believe the company should organize these materialities by strengths and 威尼斯wnsr666aknesses, maintaining the ideal while considering relevance to Meiji Group businesses and time frames, etc.
  • I think the Meiji Group should 威尼斯wnsr666nsider materialities to be business activities that solve social issues in ways unique to the Meiji Group. The group should express these materialities in a way that is easily understood and sympathetic to both customers and employees.
  • Beyond identifying materialities, the Meiji Group should develop a winning sustainability strategy. It is important to 威尼斯wnsr666mmunicate a Meiji-like trade-on strategy to improve 威尼斯wnsr666rporate value.

Once 威尼斯wnsr666 have created a materiality matrix based on the advice 威尼斯wnsr666 received, 威尼斯wnsr666 will consider the uniqueness of the Meiji character and the resonance among employees and customers as 威尼斯wnsr666 proceed to identify our final selection of materialities. 威尼斯wnsr666 will then use these materialities to build a winning sustainability strategy, define specific actions, and set KPIs.