Material Issue 1: Ongoing Timber and Materials Procurement that Considers Sustainability and Biodiversity

Basic Policy

With businesses centered on wood, Sumitomo Forestry Group promotes sustainable forest management and timber procurement both domestically and abroad. In procuring wood and timber products, we engage in management under specified numerical targets, placing it as an important theme of sustainability that encompasses environmental aspects such as climate change measures and biodiversity conservation as well as social aspects such as human rights.

With increase in concern about forest depletion as one of the causes of climate change, demand for sustainability in procurement of timber is on the rise. Amid these circumstances, Sumitomo Forestry Group has declared the goal of handling all of its timber and timber products to be sustainable by fiscal 2021. We have heightened our evaluation criteria for sustainable timber procurement as we work to step up our confirmation system. As we continue to contribute to solving social issues, we have defined KPI to establish timber procurement that achieves both forest resource utilization and biodiversity conservation.

Management of Material Issue 1

Material Issue 1 of our Mid-Term Sustainability Targets is “Ongoing timber and materials procurement that considers sustainability and biodiversity.” We have derived three targets from this issue, which we incorporate into our management practices through inclusion in annual activity policy and measures for each department.

Targets of Material Issue 1

  1. Management forests while mitigating climate change and protecting biodiversity
  2. Expanding the utilization of sustainable forest resources
  3. Building sustainable supply chains

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Management of Each Target

Ongoing Timber and Materials Procurement that Considers Sustainability and Biodiversity

Specific steps based on issues and strategies Indicators for Evaluation Managing department FY2018 result FY2019 target FY2020 target FY2021 target
Maintain and expand the area of certified forests Domestic and overseas certified forest area (ha) Environment and Resources Division 220,951 220,417 221,117 221,467

Expanding the Utilization of Sustainable Forest Resources

Specific steps based on issues and strategies Indicators for Evaluation Managing department FY2018 result FY2019 target FY2020 target FY2021 target
Expand domestic and overseas forest plantation area with seedlings produced. Area of forest plantation with in-house produced seedlings (ha) Environment and Resources Division 6,055 6,553 7,487 7,920
Seedlings supplied (unit: 10 Thousand) Environment and Resources Division
Timber and Building Materials Division
- 511 604 726
Expand the volume of chip and pellet fuel used Volume of chip and pellet fuel used (t) Environment and Resources Division,
Timber and Building Materials Division
- 1,188,010 1,221,130 1,363,930
Increase quantity of sustainable timber and timber products handled and used Volume of sustainable timber and timber products handled (%) Timber and Building Materials Division 85 89 93 100
Ratio of certified timber (including material obtained from a certified process) used as primary building materials (%) Housing and Construction Division -
(0.1)*
80
(12)*
100
(12)*
100
(12)*

* Figures in parenthesis do not include per-certified timber.

Building Sustainable Supply Chains

Specific steps based on issues and strategies Indicators for Evaluation Managing department FY2018 result FY2019 target FY2020 target FY2021 target
Update the CSR procurement survey form and formulate survey plan Sustainability survey implementation rate in the supply chain of the domestic housing department (%) Housing and Construction Division - 65 75 80
Sustainability survey implementation rate of suppliers of imported timber (%) Timber and Building Materials Division 100 100 100 100

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Sustainability Report