CHUGAI PHARMACEUTICAL CO., LTD.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
- Environment
- Social
- Governance
- Climate Change
- Human Rights
Environmental Achievements
- Set a goal of "Zero CO2 emissions for Scope 1+2" by 2050.
- Established a Sustainability Committee (February 1, 2024) to discuss sustainability matters comprehensively.
Social Achievements
- Promoting diversity and inclusion (D&I) since 2010, including initiatives for gender equality, work-life balance, and support for employees with childcare or nursing care responsibilities.
- Introduced a new learning management system (iLearning) in 2021 to provide on-demand learning opportunities for employees.
- Launched "Work Fulfillment Reform" in 2022 to enhance employee job satisfaction.
Governance Achievements
- Established a Special Committee to protect the interests of minority shareholders in transactions with the Roche Group.
- Implemented an analysis and evaluation of the effectiveness of the Board of Directors in fiscal year 2023 by external experts.
- Adopted restricted stock compensation for executive compensation, with 50% linked to Total Shareholders Return (TSR).
Climate Goals & Targets
Long-term Goals:
- Zero CO2 emissions for Scope 1+2 by 2050
Medium-term Goals:
- By the end of 2030, the ratio of female employees at all levels including executive officers will reach the level equivalent to the ratio of female employees in the entire company.
Environmental Challenges
- Maintaining management independence while being a subsidiary of Roche Holding Ltd.
- Balancing short-term profit with long-term ESG investments.
Mitigation Strategies
- Maintaining managerial autonomy and independence as a publicly listed company.
- Appointing Independent Outside Directors to enhance the independence and objectivity of management.
- Comprehensive management and promotion of social investments while ascertaining their relative priority.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Certifications: Nadeshiko Brand (multiple years), Health & Productivity Stock (2024), Health and Productivity Management Outstanding Organization (2024), Kurumin Certification (multiple years), Platinum Kurumin Certification (2018), Eruboshi Certification (Stage 3, October 2022), PRIDE Index “Gold” Recognition (2022, 2023)
Awards & Recognition
- Nadeshiko Brand (multiple years)
- Health & Productivity Stock (2024)
- Health and Productivity Management Outstanding Organization (2024)
- New Diversity Management Selection 100 companies (2017)
- Commendation of Companies Promoting Gender Equality and Work-Life Balance (2014)
- Kurumin Certification (multiple years)
- Platinum Kurumin Certification (2018)
- Eruboshi Certification (Stage 3, October 2022)
- PRIDE Index “Gold” Recognition (2022, 2023)