Recruit Holdings Co Ltd

The Company identifies critical sustainability topics (Material Topics) that could lead to impacts, risks and opportunities, in order to formulate its sustainability strategy. In FY2023, we adopted the concept of Double Materiality, assessing critical sustainability topics based on two axes: the Company's impact on society and the environment (Impact Materiality) and its financial implications for the Company (Financial Materiality). [...] The Company sets material foundations for corporate activities as strategic priority themes to address the impacts, risks and opportunities related to the identified Material Topics. The Company reinforces initiatives for each theme in the material foundations, and the Board of Directors monitors them based on discussions in the related Committees* [1] which are advisory bodies to the Board of Directors. Specifically, the Company identifies and evaluates its material foundations for corporate activities to increase its corporate value in a sustainable manner, through prospering together with all stakeholders.* [2] [ ] The material foundations are identified with regards to both social and business impact, based on stakeholder dialogue on environmental, social and governance (ESG) topics [*3]. Then, the issues, in order of importance, are discussed at each committee, which serves as an advisory body to the Board of Directors. The Board of Directors oversees the process, and approves the material foundations. [...] *1 Each year, the Sustainability Committee, the Risk Management Committee, and other committees that serve as advisory bodies to the Board of Directors confirm the progress of each category, and the Board of Directors resolves to promote these efforts. [...] *3 In identifying Material Foundations for Corporate Activities, we first recognize the demands and expectations of society at large through stakeholder dialogue and an understanding of international trends, and then discuss them in depth at the Sustainability Committee, which includes external experts and management. In addition, international standards such as SASB (Sustainability Accounting Standards Board) and GRI (Global Reporting Initiative) are taken into consideration in identifying the Material Foundations for Corporate Activities.

The Board of Directors establishes governance measures for these climate-related activities, and also monitors and directs such activities. The Sustainability Committee — an advisory body to the Board of Directors — holds meetings twice a year attended by the CEO, Chairperson, and Director of the Board in charge of sustainability, Executive Vice Presidents responsible for each SBU, and internal and external experts. [...] In addition, whenever we identify misalignments between a trade association's lobbying activities in which we participate and the goals of the Paris Agreement, we reconsider our engagement through the Sustainability Committee.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes