Management of sustainability

System for promotion of sustainability

System for promotion of sustainability

Structure for promoting sustainability

A dedicated organization to promote sustainability

Komatsu has established the Sustainability Promotion Division, an organization under the direct control of the President, to oversee activities relating to the promotion of the group’s sustainability-oriented management. The Sustainability Promotion Division aims to enhance the Komatsu Group’s commitment to ESG management by formulating and planning policies and measures related to the environment and society, thus enabling all divisions and companies within the group to actively engage in sustainability initiatives.

Sustainability-related committees

The Sustainability Promotion Committee, chaired by the President, is held twice a year (and at other times as needed) to deliberate and decide on the planning and promotion of sustainability measures for the Komatsu Group, environmental and CSR policies, and important initiatives and activities, thereby facilitating their implementation.

Furthermore, the deliberations of the Sustainability Promotion Committee are regularly reported to and reviewed by the Board of Directors.

Additionally, for each sustainability-related issue, such as human resources, occupational safety and health, compliance, human rights, and the environment, a committee chaired by the President or a responsible executive officer is established, composed of representatives from various business and functional divisions. These committees aim to discuss, decide, and promote policies and measures across the group. Specifically, the Komatsu Way Committee reviews personnel and educational measures, the Sustainability Promotion Committee discusses measures related to the environment and human rights. In addition, the Strategy Review Committee deliberates on business strategies for carbon neutrality and decarbonization. The deliberations by the above-mentioned committees and business strategies are regularly reported to and discussed by the Board of Directors.

Global information sharing

We provide opportunities for people to exchange opinions and frequently share information regarding the things that Komatsu believes is the CSR of today. For example, global CSR meetings and virtual meetings are regularly convened including about 30 managers and other people in charge of CSR activities from our overseas subsidiaries. In the future, by collecting various opinions from various areas of the world, we will create a system to comprehensively understand and share what is required on the front lines of the business sites.

DATA

FY2023: Key discussions on sustainability

Meeting names Month Main agenda items
Board of Directors April
  • Progress on medium-term management plan activities
  • Report from the Sustainability Promotion Committee
October
  • Talent acquisition, development, and utilization initiatives
  • Report on global engagement survey results
Strategy review meeting As needed
  • Review of business strategies related to climate change (R&D on low-carbon and electric products)
Sustainability Promotion Committee September
  • Human rights policies and activities / environmental management measures
January
  • Progress on medium-term management plan activities / next medium-term management goals
  • TCFD disclosure / human rights initiatives, etc.
Komatsu Way Promotion Committee June
  • Progress on medium-term management plan activities and future direction
January
  • Progress on medium-term management plan activities
  • Talent management initiatives
Risk Management Committee As needed
  • Identification and organization of corporate risks (environmental, human rights, etc.)
Executive officers meeting As needed
  • Progress management towards business goals
komatsu csr