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Kawasaki Report 2020 Kawasaki Group Mission Statement Material Issues

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Kawasaki Report 2020 Kawasaki Group Mission Statement Material Issues Kawasaki Heavy Industries, Ltd. Kawasaki Report 2020 Report Kawasaki Ltd. Industries, Heavy Kawasaki Kawasaki Report 2020 Kawasaki Group Mission Statement Material Issues Kawasaki formulated the Kawasaki Group Mission Statement as a compass directing Identifying Material Issues the activities of the Kawasaki Group. The statement incorporates the Group’s social In light of increasingly diverse stakeholder expectations and demands and changes in the business environment, Kawasaki has reexam- mission and, to increase the Kawasaki brand value, shared values, the underlying ined and categorized the impacts that its corporate activities have on society in order to identify material issues. We are handling the material issues identified based on a management approach defined under the GRI* standards and have estab- principles of management activities, and guidelines for the daily conduct of each and lished KPIs that we use to regularly monitor progress. every member of the organization. Materiality Matrix of Items Identified High Material issues Group Mission Social value created through our businesses • Providing safe and secure, clean, and comfortable move- Kawasaki, working as one The foundation of our business activities ment of people and goods • Creating clean energy • Low-carbon • Improving social infra- • Product liability/safety society structure, especially in • Corporate governance (product- emerging countries for the good of the planet • Compliance based contributions) • Responding to the needs of • Anti-corruption measures an aging society and We are the Kawasaki Group, a global technology leader with diverse integrated strengths. • Supply chain management a shortage of labor through We create new value—for a better environment and a brighter future for generations to come. • Employee recruitment automation and retention • Low-carbon society (business activities) Kawasaki Value • Business and human rights We respond to our customers’ requirements • Stakeholder engagement • Customer relationship management We constantly achieve new heights in technology • Risk management • Health and safety We pursue originality and innovation • Crisis management • Diversity • Political involvement • Human resource development • Research and development • Recycling-oriented society Importance to society and stakeholders society to Importance The Kawasaki Group Management Principles • Export control • Society coexisting with nature 1 Trust As an integrated technology leader, the Kawasaki Group is committed to • Information security • Environmental management providing high-performance products and services of superior safety and quality. • Heightened awareness as By doing so, we will win the trust of our customers and the community. an environmentally friendly brand • Social contribution activities 2 Harmonious coexistence The importance of corporate social responsibility (CSR) permeates all aspects of our business. This stance reflects the Kawasaki Group’s corporate ideal of harmonious coexistence with the environment, society as a whole, local communities and individuals. Low Importance to the Kawasaki Group High 3 People The Kawasaki Group’s corporate culture is built on integrity, vitality, organizational strength and mutual respect for people through all levels of the *GRI standards: Global Reporting Initiative Sustainability Reporting Standards Group. We nurture a global team for a global era. 4 Strategy Enhance corporate value based on the guiding principles of “selective focusing of resources,” “emphasis on quality over quantity,” and “risk management.” Process for Identifying Materiality The Kawasaki Group Action Guidelines Identify and narrow down CSR issues We analyzed industry- and Kawasaki Group-specific survey criteria applied by STEP international SRI/ESG (socially responsible investment/environment, social, governance) assessment organizations, including 1. Always look at the bigger picture. Think and act from a 1 DJSI, FTSE, MSCI1 and Sustainalytics, as well as content required under reporting guidelines set by SASB2, GRI and other stan- long-term, global perspective. dards organizations. We also drew on the opinions of external advisors and then identified and narrowed down CSR issues. 2. Meet difficult challenges head-on. Aim high and never be Evaluate impact of issues and assign priorities We made an internal evaluation of each CSR issue narrowed down through afraid to try something new. Step 1 from the perspective of importance to society and stakeholders as well as importance to Kawasaki and created a provi- STEP 3. Be driven by your aspirations and goals. Work toward suc- sional order of importance. 2 cess by always dedicating yourself to your tasks. We also put responses to social issues of global scale that were identified under MTBP 20163 in a category—the social value 4. Earn the trust of the community through high ethical stan- we create—with our Group Mission “Kawasaki, working as one for the good of the planet” and made this category a top priority. dards and the example you set for others. Interview outside experts and decide on material issues (materiality) To verify the appropriateness of priority placement 5. Keep striving for self-improvement. Act on your own ini- STEP determined in-house, we invited comments from outside experts through an interview process. Based on these comments, we tiative as a confident professional. 3 reviewed the impact of CSR issues on society and stakeholders and made revisions (see the matrix above). 6. Be a part of Team Kawasaki. Share your pride and sense of fulfillment in a job well done. Formulate the plan and conduct a review We will comply with the management approach defined under GRI standards, establish concrete numerical targets and, through the steady implementation of strategies and follow-up measures, move STEP CSR programs toward the realization of stated goals. In addition, the Corporate CSR Committee will periodically review 4 material issues and other topics to ensure that CSR activities are in sync with changes in the business environment and evolving social expectations. 1 DJSI, FTSE, MSCI: please refer to page 61 2 SASB: Sustainability Accounting Standards Board 3 MTBP 2016: Kawasaki's Medium-Term Business Plan 2016 WEB For more information about Kawasaki’s process of identifying material issues, please refer to Kawasaki’s website. https://global.kawasaki.com/en/corp/sustainability/materiality.html Kawasaki Report 2020 1 Kawasaki Report 2020 Editorial Policy Main Feature 4 Kawasaki Hydrogen Road Since fiscal 2013, the Kawasaki Group has published the Kawasaki Report as an integrated report. The report serves as a tool for communication with stakeholders and includes information about the Group’s efforts to create value for society and boost enterprise value; management policies; business environment and Introduction 8 Growing with Society: The History of the Kawasaki Group strategy, and environmental, social, and governance (ESG)-related content. Kawasaki’s medium-term business plan, MTBP 2019, is available in the “Investors” section of Kawasaki’s website. 10 Our Approach to Sustainable Value Creation More information on many of the topics touched upon in this report can also be found on our website. 12 Social Value Created through Our Businesses IR information: https://global.kawasaki.com/en/corp/ir/ CSR and Environmental information: https://global.kawasaki.com/en/corp/sustainability/ Period Management Strategy 14 Message from the President This report covers fiscal 2019 (April 1, 2019 to March 31, 2020), but some fiscal 2020 content is also included. Scope Special Feature 20 Kawasaki’s Response to the COVID-19 Pandemic The report covers Kawasaki Heavy Industries, Ltd., its 97 consolidated subsidiaries (41 in Japan and 56 overseas) and 17 equity-method associates. Some data, however, refer to the parent company alone. 22 Creating Value through Technological Innovation Guidelines 24 Realizing a Low-carbon Society In preparing the report, the editorial office referred to the Sustainability Reporting Standards issued by the Global 27 Quality Control Reporting Initiative (GRI), the International Integrated Reporting Framework issued by the International Integrated Reporting Council (IIRC), the Environmental Reporting Guidelines (2018 Edition) issued by the Ministry of the 28 Financial Strategy Environment, and the Guidance for Integrated Corporate Disclosure and Company-Investor Dialogue for Collaborative Value Creation issued by the Ministry of Economy, Trade and Industry. 30 Human Resource Strategy Frequency of Publication Annually, in principle Business Strategy 32 Aerospace Systems Previous edition—October 2019 Next edition—September 2021 34 Energy System & Plant Engineering Contact Us 36 Ship & Offshore Structure Please make inquiries through the inquiry form on our website https://global.kawasaki.com/en/corp/profile/contact/ 38 Rolling Stock 40 Motorcycle & Engine 42 Precision Machinery & Robot The Kawasaki Group’s Information Disclosure Foundation Supporting 45 Roundtable Discussion with the Chairman and Outside Directors Information on how the Kawasaki Group creates value Our Business Activities Publication of detailed information and the latest information 50 Corporate Governance and achieves sustainable growth 54 Corporate Officers Corporate Website https://global.kawasaki.com/en/ Kawasaki Report 58 Compliance/Risk Management Mobility Energy Industrial Equipment Leisure Corporate Info 60 Performance Highlights 62 Eleven-year Summary Information
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