Sumitomo Forestry Group's Environmental Management

The Sumitomo Forestry Group advocates contributions to the realization of a sustainable society in its Corporate Philosophy.

The Environmental Policy applies to all stages of product life cycle and all business processes from product and service development, design and manufacturing to material procurement, distribution, waste management, supplier and partner selection, new project launches, and mergers and acquisitions, in all businesses of the Sumitomo Forestry Group to promote businesses that contribute to the realization of a sustainable society by balancing the environment and the economy.

For example, regarding the selection and evaluation of suppliers, a "sustainability procurement survey" is conducted based on our Environmental Policy, and when a new business is started up or a joint venture or acquisition is made, each division performs a risk check from both aspects of the environment and society.

To share and raise awareness of the Environmental Policy among Group employees, it is reflected in employee handbooks, on the website and posters, etc. as well as read at new employee training sessions, ISO 14001 internal environmental auditor training courses and departmental meetings. The Environmental Policy are also posted in meeting rooms, and the environmental approach of the Sumitomo Forestry Group has been shared with business partners.

Sumitomo Forestry Group Code of Conduct applies to not just the Group enterprises but also to the supply chain. The Code of Conduct drives coexistence with the environment and clarifies the approach to advance efforts toward the environment, including all of the business partners of the Sumitomo Forestry Group.

In 2022, Sumitomo Forestry established a long-term vision "Mission TREEING2030", in which ideal image of the group was incorporated into long-term business structure to realize a decarbonized society towards 2030 which is the goal year of the SDGs. We also unveiled “Mission TREEING 2030 Phase 1” (2022-2024),a three year mid-term management plan. As "Further integration of business operations and ESG" is one of the five basic policies, we set and implement Medium-Term Management Plan Sustainability 2024 which includes the sustainability strategy as well as nine newly identified material issues. We will improve our environmental management based on this target.