The IHI Group strives to contribute to society, as we believe corporate social responsibility means fulfilling the expectations of society.
Concerning our social contribution activities in regions where we operate businesses and construction sites, we have established target priorities based on their relevance to our business and Sustainable Development Goals (SDGs).
Material Issues of Social Contribution Activities
Material Issues
Relevance to Business
SDGs
Coexistence with local communities
Establishing and maintaining good relationships with local communities is essential for smooth business expansion.
Development of next-generation professionals
Developing next-generation professionals in the manufacturing field and supporting research regarding future science and technology fields are essential to solidify the foundation for the coming industries, to drive IHI brand recognition, and to guarantee business continuity.
Conservation of the global environment
Supporting activities concerning preservation of the ecosystem, measures to combat extreme climate change, cultivation of natural bounties, and protection of our planet are essential for a sustainable business. This will consequently assist in raising employee awareness regarding environmental issues.
Targets and Results
The IHI Group dedicates approximately 1% of its net income to social contribution activities. In fiscal 2022, we invested a total of ¥489 million, approximately 0.87% of net income of the fiscal year, into activities concerning social contribution.
Breakdown of Social Contribution Expenditure
(Unit: Millions of yen, Scope: IHI and consolidated subsidiaries)
Item
FY2020
FY2021
FY2022
Breakdown by expenditure
Cash investment
156
120
251
Time investment
40
87
94
Goods donations and site costs
19
53
144
Reference
Membership fees for local organization
14
13
15
Operating costs
117
110
106
Social Contribution Expense
(Scope: IHI and consolidated subsidiaries)
Activity Results
(Scope: IHI and consolidated subsidiaries)
Material Issues
Index
FY2020
FY2021
FY2022
Coexistence with local communities
Business interests*
Visitors to events
632
645
1,535
Social/environmental interests*
Investments to local communities
71 million JPY
103 million JPY
335 million JPY
Development of next-generation professionals
Business interests*
Participants in science (manufacturing) classes
1,356
5,297
6,468
Social/environmental interests*
Conservation of the global environment
Business interests*
Participants in hosted events
60
254
156
Social/environmental interests*
Environment protection area
12,652㎡
12,652㎡
112㎡
The indicators above for business and social/environmental interests defined by RobecoSAM are as follows.
Business interests: Factors directly related to product development, brand improvement, human resource development, and other such business interests.
Social/environmental interests: Factors linked to SDGs and other social/environmental interests.
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