ESG-driven Management and Materiality

YAMASHIN-FILTER’s ESG-driven Management

In line with our corporate philosophy of “仕濾過事” (Rokajinitsukafuru) or “Contribute to society through the filtration business,” we will reinforce our ESG management toward realizing a sustainable society and helping to solve diverse social issues.

Since the establishment of the YSS Committee, we have held sustainability training and workshops for employees. In addition to basic topics such as sustainability, SDGs, and TCFD, we have held several human rights risk study sessions on formulating human rights policies and evaluating human rights risks.
Since FY2024, we have also added sustainability lectures as part of new employee training, leading to greater awareness through sharing the progress of company targets and initiatives, including materiality.

Based on the materiality that we have identified, we are putting in place the required management system and promoting initiatives, including the setting of strategies that need to be implemented and key performance indicators (KPIs) for each materiality item, as well as assigning managerial responsibilities and determining management methods, etc. In November 2024, we formulated the Medium-Term Management Plan 2027, which outlined the “promote ESG management” as one of its strategies. We also set the targets of achieving a “FTSE score of 4.0 or more” and “acquiring a CDP Climate Change Score of A” by the end of March 2028 as non-financial KPIs. We continue to promote sustainability initiatives focused on materiality items and aim to improve the transparency of sustainability information through disclosure documents such as sustainability reports and CDP.

Responding to CDP Climate Change 2023, conducted by CDP, an international non-profit organization that assesses the environmental efforts of companies and government bodies, we obtained a “B” score in February 2024. CDP assesses based on eight ranks (A, A-, B, B-, C, C-, D, D-). The B score is the third highest management level and indicates that an entity has recognized its environmental risks and impacts, while taking coordinated actions on environmental issues. In FY2023, we improved on our FY2022 score of “D” by four ranks.

YAMASHIN-FILTER CORP. was selected for the second year running as a component stock included in the FTSE Blossom Japan Sector Relative Index, created by FTSE Russell to reflect the performance of Japanese companies that relatively excel in terms of ESG responsiveness in their sectors.

*FTSE Russell (registered trademark of FTSE International Limited and Frank Russell Company) confirms that as a result of a third-party investigation, YAMASHIN-FILTER CORP. 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 widely used to create and evaluate sustainable investment funds and other financial products.

The YAMASHIN-FILTER Group’s reliable supply system , contribution to greater work efficiency, and initiatives such as activities to raise awareness are well-regarded by our customers. We will continue to increase customer satisfaction and corporate value through developing products that bring to life more sophisticated needs and resolve issues, supplying high quality products on a global scale and providing support.