Astemo’s MVV and Materiality
Identifying nine material issues for realizing our MVV
Aiming for sustainable corporate growth and to contribute to a sustainable society and enriched lives for people, we have identified nine material issues across five domains—“technology,” “society,” “global environment,” “human capital,” and “governance”—and are promoting initiatives that contribute to sustainability and are aligned with these material issues across the group.
Material issues relating to the global environment
- Contribute to a decarbonized society through actions that lead by example and advanced technological innovations
- Contribute to a sustainable recycling-oriented society and a society harmonized with nature
With the target of achieving carbon neutrality by 2050, we will work to reduce CO2 emissions throughout our value chain. We will also work to utilize sustainable materials, reduce waste, and make effective use of water resources.
Material issues relating to technology
- Develop Astemo’s advanced technologies and provide solutions to realize safety and freedom in mobility
- Create new value through DX and AI, and take proactive measures against the risks
We will lead the industry with mobility solutions that utilize advanced technologies. We will promote the cultivation of DX human resources to support the development of Astemo’s advanced technologies and the improvement of operational efficiency and to lead these initiatives.
Material issues relating to society
- Respect human rights and contribute to local communities
- Create a sustainable and resilient supply chain trusted by society
We will establish mechanisms to mitigate risks related to human rights, the environment, and the supply chain, and contribute to the realization of a sustainable society as a member of the local community.
Material issues relating to human capital
- Enhance the value of human capital as a source of the company’s growth and competitiveness
- Create a working environment where employee health, safety, and wellbeing are prioritized
We aim to be a company of choice for people passionate about providing mobility solutions, and we will work to create a diverse, safe, and healthy workplace environment and improve employee well-being.
Material issue relating to governance
- Strengthen corporate governance and ensure compliance
We will continue to grow as a company trusted by stakeholders by ensuring zero major law and regulation violations through highly transparent management.
Materiality Identification Process
Starting from our recognition of risks and opportunities related to megatrends, we established a universe of issues and, through materiality assessments and workshops, identified nine material issues (=materiality).
Value Creation Story
Leveraging the strengths we have cultivated as a global mega-supplier, we promote our business and environmental strategies in an integrated manner, delivering new value globally.
Vision and KPIs
For each of the nine material issues (=materiality), issues, we have defined, from medium- and long-term perspectives, a Vision for 2030 for the Astemo Group and set strategic KPIs.