“Better Systems, Better World”
-Fulfilling our responsibilities and handing off the planet and society to the next generation –
Since our foundation, we have conducted business based on our corporate vision of “Better Systems, Better World”. We believe that our business activities should contribute to the realization of a sustainable society.
We have been working to strengthen and enhance corporate governance in accordance with the business characteristics and stage of growth since the beginning of our foundation. As environmental and social issues are becoming more severe, we feel that as a public company and member of society, the focus on sustainable growth together with society is now more important than ever.
Global warming caused by increased carbon dioxide emissions and deforestation has had a major impact on our lives in recent years. It has also been a major challenge for our business. We cannot overlook environmental issues in our business activities, such as the soaring price of paper, and delays in delivery due to floods and other factors. As a platformer that rebuilds conventional industries, we aim to work with our suppliers to improve the overall efficiency in the industry, and to become a company that is able to create a positive impact on the entire industry.
In all of our corporate activities, we do not tolerate any discrimination. We strive to provide equal opportunities to all. We believe promoting diversity will bring new thoughts and ideas to our members which will result in better decision-making for all of our stakeholders, and in particular provide better services to our customers.
Currently, we are actively seeking to increase the number of female managerial positions, as well as expand the recruitment of local members at overseas locations. Additionally, we are aiming to expand employment opportunities for people with disabilities, with the goal being to further strengthen the creation of a friendly working environment in which all members can play an active role.
“Better Systems, Better World” – Our vision comes with the desire of “making society better”, and we have carried out our corporate activities based on this vision. As a member of both the Japanese society and the global community, RAKSUL will continue to promote ESG initiatives in order to realize a sustainable society.
Representative Director, President and CEO
Identification of Materiality
We have identified our priority issues (materiality) to be addressed in order to meet the expectations and demands of our stakeholders. By engaging in these material issues, we will aim to make continuous contribution to society and enhance our corporate value at the same time.
Our Materiality Process
1. Identification of candidate issues
By referring to international guidelines such as SASB (Sustainability Accounting Standards Board), GRI standards, SDGs (UN Sustainable Development Goals), and by listening to the opinions of our stakeholders, we identified social issues that are highly relevant to our business activities and corporate culture.
2. Identifying and organizing key issues for our company through dialogue with stakeholders
We collected information on expectations of our company through dialogues with shareholders and investors as well as interviews with major suppliers. We also gathered information on the expectations of our employees through results of our regular employee surveys. Through these dialogues, we weighted the social issues we identified. We also referred to evaluations from external ESG rating agencies and took into account issues pointed out in these evaluations.
3. Assessment and identification of materiality by the company
Through discussions at the Board of Directors and the Management Meetings, we assessed the relevance of the identified/organized social issues to our management strategies, and after resolution of the Board of Directors, we identified key important issues that need to be prioritized.
Plans for the Future
- We will promote specific initiatives based on our materiality.
- We plan to review our materiality every 1 to 2 years based on changes in social conditions and by holding regular dialogues with stakeholders.
Raksul’s Sustainability efforts have earned recognition from various organizations.
Received an ‘A’ in the MSCI ESG rating
As of 2023, RAKSUL INC. received an MSCI ESG Rating of A
THE USE BY RAKSUL INC. OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF RAKSUL INC. BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.
Developed by FTSE Russell, a member of the London Stock Exchange Group, this index is composed of Japanese companies with excellent ESG performance. We have been included in the index since June 2023.
“FTSE Russell confirms that RAKSUL INC. has been independently assessed according to the index criteria, and has satisfied the requirements to become a constituent of the FTSE Blossom Japan Index. Created by the global index and data provider FTSE Russell, the FTSE Blossom Japan Index is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE Blossom Japan Index is used by a wide variety of market participants to create and assess responsible investment funds and other products.”
Developed by FTSE Russell, a member of the London Stock Exchange Group, this index is composed of Japanese companies that demonstrate outstanding environmental, social and governance (ESG) performance in their respective sectors. We have been included in the index since April 2022.
“FTSE Russell confirms that RAKSUL INC. has been independently assessed according to the index criteria, and has satisfied the requirements to become a constituent of the FTSE Blossom Japan Sector Relative Index. The FTSE Blossom Japan Sector Relative Index is used by a wide variety of market participants to create and assess responsible investment funds and other products.”