Editorial Policy/Independent Assurance Report

Editorial Policy/Independent Assurance Report

Editorial Policy

The Sumitomo Forestry Group regards the Sustainability Report as an important tool for communicating with our stakeholders.

The Sumitomo Forestry Group sees sustainable management as fundamental. We work to enhance E (Environment) S (Social) G (Governance) disclosure. In outline of our business part, we strengthened guidance to each report page to clarify the type of sustainable management practiced in our business activities.

In addition to the website, we also publish a pamphlet highlighting our unique sustainability initiatives, arranged to be used in line with the interests of all our related stakeholders.

Furthermore, we publish an Integrated Report as a booklet that informs shareholders, investors, and stakeholders of our annual performance and efforts to improve corporate value in medium to long term.

We appreciate your feedback on our wide range of sustainable activities.

Boundary of the Reporting:

The scope of this report is Sumitomo Forestry, its consolidated companies, and some affiliated companies accounted for by the equity-method. The environmental data is an aggregation for Group companies, including all consolidated subsidiaries in and outside of Japan unless otherwise noted. The boundary of target organizations and calculations are as below.

* In this report, Sumitomo Forestry refers to Sumitomo Forestry Co., Ltd. and the Sumitomo Forestry Group includes consolidated companies in Japan and overseas as well as some affiliated companies accounted for by the equity-method

Published: July 2023 (date of the most recent previous report: September 2022)
Reporting Period: January 2022 to December 2022 (Japan and Overseas)

*  Some activities in Japan and overseas started before the period and after December 2022, and future forecasts are also included.
A note is also included if the period of data collection differs from the above.
Reference Guidelines: Environmental Reporting Guidelines (2018 Edition), Japanese Ministry of the Environment
ISO26000:2010 procedures related to social responsibility (Japanese Standards Association)
GRI Standards, Global Reporting Initiative (GRI)

* Sumitomo Forestry Group changed its accounting period (end of the fiscal business year) in fiscal 2020 from March 31 to December 31. Unless otherwise noted, the domestic period for the fiscal year 2020 is from April 2020 to December 2020.

Reliability of Report Content

The environmental and social performance indicators have obtained third-party assurance by KPMG AZSA Sustainability Co., Ltd., and are indicated by the third-party assurance mark.

The respective departments of the Sumitomo Forestry Group have endeavored to ensure accuracy by using appropriate measurements and data collection methods for the initiatives and results reported in the Sustainability Report. These methods are also disclosed when relevant.

Independent Assurance Report