Domestic and International Appraisals
Independent Assurance Report
FUJIFILM Holdings Corporation commissioned SGS Japan Inc. to conduct an independent assurance of the environmental and social data contained in its Sustainability Report.
Please refer to attached PDF for further details.
[The scope of the assurance]
Data on greenhouse gas (GHG) emissions (Scope 1 include fluorocarbons,2, and category 1 of Scope 3),energy consumption, amount of water emission and disposal, waste, VOC emissions.
The management systems supporting the reporting process.
The stakeholder management process.
Ranking and status of SRI audit
FUJIFILM Holdings has received the following evaluations by external organizations as a corporate group that proactively promotes CSR actions toward sustainable development. It is included in the Socially Responsible Investment (SRI) index listed right. Also listed below are evaluations of FUJIFILM Holdings in domestic and international ranking surveys. (As of October 2020)
|Survey||Evaluation for FUJIFILM Holdings|
|15th CSR Corporate Ranking (2021, Toyo Keizai, Inc.)||3rd out of 1,614 companies(571.2points)|
10th JUSE Quality Management Level Research
|18th out of 193 companies; 1st in the chemical, textile and pharmaceutical industry|
|2nd “ESG FINANCE AWARDS JAPAN”'s Environmentally Sustainable Corporations Category (Ministry of the Environment)||Bronze|
Appraisals and Awards
Appraisals and awards in FY2019
|Recipient||Name and description of the award||Awarding entity|
|FUJIFILM Corporation||The SUPERIA ZN-II process-less CTP plates for newspaper printing received the following awards: the Minister of Economy, Trade and Industry Prize under the 2nd EcoPro Awards; the 19th the Minister of Economy, Trade and Industry Prize under the Green and Sustainable Chemistry Awards; and the 19th KCS Environmental Technology Award by the Kinka Chemical Society (KCS) Japan, Special Prize under the Technological Development Encouragement Awards, and the Research Presentation Encouragement Award.||Sustainable Management Promotion Organization, Japan Association for Chemical Innovation, Kinka Chemical Society, Japan Newspaper Publishers & Editors Association, and Japanese Society of Printing Science and Technology|
|FUJIFILM Corporation||TIPA Awards 2019 (GFX 50R, X-T30)||TIPA (Technical Image Press Association)|
|FUJIFILM Corporation||2019 The Prize of the Minister of Education, Culture, Science and Technology “Invention of digital imaging device using color filter array with low periodicity” and Encouragement Prize of Invention (Kenji Sukeno)||Japan Institute of Invention and Innovation|
|FUJIFILM Corporation||EISA CAMERA INNOVATION 2019-2020 (FUJIFILM GFX100), EISA ADVANCED CAMERA 2019-2020 (FUJIFILM X-T3)||EISA (Expert Imaging and Sound Association|
|FUJIFILM Corporation||Good Design Award 2019, Good Design Grand Award (Diagnostic Kit [Rapid Diagnostic Kit for Tuberculosis]), and four other products won the Good Design Gold Award||Japan Institute of Design Promotion|
|FUJIFILM Corporation||Red Dot Design Award: Brands & Communication Design 2019 (Medication Verification System PROOFIT 1D)||Design Zentrum Nordrhein Westfalen|
|FUJIFILM Corporation||Red Dot Design Award: Product Design 2019 (23 major products). FUJIFILM High-Resolution Lenticular Film OPERAPATH won the “Innovative Product Award.”||Design Zentrum Nordrhein Westfalen|
|FUJIFILM Corporation||iF DESIGN AWARD 2020 (Mirrorless Digital Camera FUJIFILM GFX100 ranked the Gold Award and other 10 major products won the Awards)||iF International Forum Design|
|FUJIFILM Corporation||“Excellence Award in Production Goods & Industry Category,” 68th Nikkei Advertising Awards (NEVER STOP newspaper ad series)||Nihon Keizai Shimbun, Inc.|
|FUJIFILM Kyushu Co., Ltd.||“Director-General of Kyushu Bureau of Economy, Trade and Industry Award,” FY2019 Commendation for Factories with excellent energy management||Kyushu Bureau of Economy, Trade and Industry|
|FUJIFILM Toyama Chemical Co., Ltd.||The Person of Merit for the Pharmaceutical Industry, Toyama City||Toyama City|
|Fuji Xerox Co., Ltd.||Director-General of Industrial Science and Technology Policy and Environment Bureau Award, FY2019 Awards for Resources Circulation Technologies and Systems (Expanding the amount of reused parts taking advantage of use-history data of multi-function devices)||Japan Environmental Management Association for Industry|
|Fuji Xerox Shikoku Co.,Ltd.||Excellence Award, 2019 Kagawa Work Style Reform Promotion Award (Activities in work style reform)||Kagawa Prefectural Government|
|Fuji Xerox Fukushima Co., Ltd.||Highest award in office/store category, Fukushima Protocol FY2019 Existing Version (Reduction of CO2 emission in business activities)||Fukushima Prefectural Government, Fukushima Citizens’ Council, Fukushima Prefecture Center for Promoting Global Warming Prevention Activities|
|FUJIFILM Electronic Materials U.S.A., Inc.||TSMC Award (Award to the supplier who made significant contribution to supply of highly functional materials and manufacturing devices used in the semiconductor production process)||TSMC|
|Fuji Xerox (China) Limited||Innovative Enterprise with Responsibility Value-The Best Progress Award Top 50 Enterprises on CSR Governance in ICT Industry||China Electronics Standardization Association|
|Fuji Xerox (China) Limited||Top15 Excellent CSR Programs||Shanghai Municipal Committee of the Communist Youth League of China|
|Fuji Xerox of Shenzhen Ltd.||Green Factory (Certified environmentally conscious factory by the Chinese Government)||China Bureau of Industry and Information Technology|
|Fuji Xerox (Hong Kong) Limited||Green Office Awards Labelling Scheme—Eco-Healthy Workplace Label
Green Office Awards Labelling Scheme—Green Office Awards Label
|World Green Organisation|
|Fuji Xerox Korea Company Limited||2019 KCSI (Korean Customer Satisfaction Index) Customer Satisfaction No.1||Korea Management Association Consulting (KMAC)|
Main participation Group / Initiative
Carbon Offset Certification
Utilizing the carbon offset system, FUJIFILM Corporation addresses the issue on the climate change, and supports the development in the emerging countries.
Third-Party Opinion(on Sustainability Report 2019)
The Report this year has taken a new format, divided into two reports—Management Performance, which is a systematic and general presentation of sustainable management at Fujifilm Group and SVP Stories, which reports the details of activities conducted in accordance with the CSR plan, Sustainable Value Plan 2030 (SVP 2030). The Management Performance consists of existing Data and Information that has been disclosed in detail but which is now reorganized in accordance with ESG themes and provides commentary and an overview of the Group's sustainable management strategy. The SVP Stories, on the other hand, gives a clear and easy-to-understand description of the action plan to be implemented up to the year 2030 under the strategy described in the Management Performance. Because of the varied ways available of disclosing non-financial data, I believe companies adopt different approaches in making effective use of their respective business characteristics.
Recently, I frequently see corporate reports that present the main stories, with the substantiating details made available as a data version on the web. Although rational in approach, this format is likely to result in a quandary, with information that should be communicated as corporate stories being overwhelmed by the data, especially for companies that require extensive information disclosure due to the large number of stakeholders. Fujifilm Group's new two-part format constituting strategies presented as a framework and concrete activities may be a prescription for resolving this issue.
Reading the Management Performance, I found the structure reflects the clarity and attention to detail that has been paid in accordance with the ESG system. Particularly notable is the description of SVP 2030. As I mentioned in the previous year, SVP 2030 is an excellent concept that identifies the broad range CSR activities as a list. In the latest report, the priority issues that make up the content are explored in depth, namely, in terms of their relationship with business operations, state of progress achieved and future actions. With the background and foundation underlying each issue described clearly in the Management Performance and connected with the SVP Stories that brings passion to the portrayal of the single-year progress, I find this method of connecting the two parts effective.
Specifically, TOPICS that are placed at key points in the SVP Stories to cover the priority issues in SVP 2030 supply concrete images of the strategy described in the Management Performance and increases reader understanding.
One example is Priority Issue 1–-Work Style, which is shown in a tangible form as a solution, namely greater efficiency from the application of AI to management of trade accounts payable. At the same time, the Fujifilm Group communicates clearly that this demonstrates its strengths in document management expertise and open innovation. The same applies to the text that describes the Supply Chain. In the Management Performance, the supply chain management system is explained as the foundation that supports SVP 2030, leading to detailed descriptions in the SVP Stories. The Report stands out especially in the way it presents the Fujifilm Group's own unique approach to combining the different business domains of Fuji Xerox and Fujifilm, integrating their respective strengths in supply chain management that were developed separately.
The SVP Stories present the Fujifilm Group's business activities synchronized with its efforts to resolve social issues vividly as a story. Founded on the explicit declaration in the top management message that contributing to resolving social issues is the main concern of the Fujifilm Group as a business corporation, the solid progress made by the Group toward the long-term goal of SVP 2030 is reported from a multilateral approach. In addition to such significant developments as the revision of the Fujifilm Group Charter for Corporate Behavior and Code of Conduct for the first time in 12 years and the creation of ESG Division that reports directly to the President, the report is impressive in the way that it presents the activities in the area of environmental protection concerning climate change issues, such as membership of RE100 and support for TCFD, and the advances made in contributions to society in the area of health management, represented by the Fujifilm Employee Wellness Declaration.
There are many topics to look forward to in the future, such as enhanced disclosures relating to action on climate change, represented by activities that utilize carbon pricing and analysis of environmental scenarios based on the TCFD framework, and further, in-depth disclosure of information concerning development and utilization of diverse human resources that are given increased importance in the Report. Especially in the area of business strategy, the Report defines measurable goals for outcomes in themes that are closely linked with business operations and shows that such achievements will be linked to remuneration for directors, clearly indicating that the Fujifilm Group is heading in a new direction. I look forward to the Fujifilm Group's value creation stories gaining greater prominence and attraction both in terms of strategy and concrete action through the new disclosure system.
Graduated from Hitotsubashi University Faculty of Law in 1989 and joined the Development Bank of Japan in the same year. After appointments as Chief Representative for the Frankfurt Office and Manager of the Environment and CSR Division, he was appointed to his current position in 2017. He has been working for many years in the field of environmental finance planning, including creation of DBJ's environmental rating based financing program. At present, he supervises the bank’s industrial research activities. He also holds many public posts, including membership of the Study Group on Long-term Investment toward Sustainable Growth of the Ministry of Economy, Trade and Industry and the Study Group on Environmental Industry Growth Engine of the Ministry of the Environment. He co-authored the book "Renewable Energy and New Growth Strategy," Energy Forum 2015, and others.