In order to promote sustainability management on group-wide basis, we have established the Sustainability Committee which deliberates and reviews the identified sustainability issues, develops action plans, and monitors their progress. The Sustainability Committee consists of the President, Representative Director and CEO (Chairman), full-time directors (including those who are the members of Audit & Supervisory Committee), and officers and employees appointed by the Chairman. This committee is held semiannually in principle.
We position the climate change as one of the risks that could affect our business, which accordingly is integrated into our Enterprise Risk Management (ERM) framework for deliberation at the ERM Committee. The ERM Committee is chaired by the President, Representative Director and CEO, and held semiannually in principle.
The President, Representative Director and CEO assumes the ultimate responsibility for environment-related issues including the climate change. We have established a system where the Sustainability Committee and the ERM Committee regularly report to the Board of Directors, which deliberates, directs, and supervises these committees as necessary, to ensure proper implementation of our initiatives related to the climate change.