Sustainability Management
Basic Stance on Sustainability (Established August 1, 2023)
Kissei Pharmaceutical leverages our business activities to support the health of people around the world, resolve environmental and social issues, and promote environmental conservation. We draw inspiration from our Management Philosophy to “contribute to society through high- quality, innovative pharmaceutical products” and “serve society through our employees.” These efforts serve to realize a sustainable society while also increasing corporate value.
● We will contribute to the health and medical care of people around the world through innovative products (drugs and foods), which we will develop and provide to achieve these goals.
● We understand that environmental issues are shared by all humankind, and therefore dedicate ourselves to voluntarily and actively engaging in activities that protect the environment, whether in the form of climate change countermeasures or otherwise.
● We will respect the human rights of all people involved in our business activities, and strive to create a rewarding workplace that respects the diversity, personality, and individuality of our employees.
● We will strengthen and enhance corporate governance, maintain fair and good relationships with stakeholders, and increase sustainable corporate value through highly ethical, transparent, and fair corporate activities.
Value Creation Process
Since its founding, Kissei Pharmaceutical has aimed to provide a constant stream of new drugs, believing that “a pharmaceutical company cannot exist without R&D.” Kissei’s value creation process starts with our beliefs and management philosophy and utilizes management capital backed by a presence in key areas combining Kissei Pharmaceutical’s strengths in human resources and R&D capabilities, which is an indicator of the value we create. Through this process, we are working to deliver economic and social value to our stakeholders, while creating sustainable value through the further accumulation and circulation of management capital.
Sustainability Promotion System (Governance)
Kissei’s sustainability activities are mainly promoted by the Sustainability Promotion Committee. The committee, which is chaired by a director well-versed in sustainability-related issues, is integrated into the Company’s corporate governance system, along with the Risk Management Committee and the Compliance Committee, all of which work closely with the Board of Directors as advisory bodies.
Specifically, the Sustainability Promotion Committees formulates various policies for sustainability-related issues and promotes these policies in cooperation with related departments.
Risk Management
As part of its Risk Management Regulations, Kissei Pharmaceutical established the Basic Risk Management Policy and a risk management system covering the entire Kissei Group. In addition, the Company established the Risk Management Committee, which serves as an advisory body to the Board of Directors. Under the guidance of this committee, the Group’s risk management system is designed and monitored to prevent the occurrence of possible risks applicable to Kissei Pharmaceutical and Group companies. Other relevant advisory bodies to the Board of Directors include the Compliance Committee and the Sustainability Promotion Committee. The Compliance Committee implements the Group’s compliance program and works to ensure proper compliance is taking place.
Kissei has positioned sustainability-related risks as important management risks, and the risks identified by the Sustainability Promotion Committee are reviewed once a year for their impact on business activities. When risks have a relatively large impact on business activities, we prioritize them in terms of cost effectiveness and degree of urgency, then implement countermeasures. The Sustainability Promotion Committee will discuss and report on the management status of these risks to the Board of Directors and the Risk Management Committee to integrate and promote comprehensive Companywide risk management.
