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Sumitomo Forestry Group's Environmental Management
Sumitomo Forestry Group's Environmental Management
The Sumitomo Forestry Group is committed to contributing to the realization of a sustainable and prosperous society in its Corporate Philosophy.
The Sumitomo Forestry Group Environmental Policy applies to all stages of product life cycle and all business processes of the Group, including the development of products and services, design and manufacturing, material procurement, distribution, waste management, supplier and partner selection, new project launches, and mergers and acquisitions. Based on the Policy, we will pursue business activities that balance both environmental and economic interests and contribute to a sustainable society.
For example, regarding the selection and evaluation of suppliers, we conduct a "Sustainability Procurement Survey" based on the Environmental Policy, and when we start a new business or carry out a joint venture or acquisition, each division in charge performs risk assessment from both aspects of the environment and society.
To share and raise awareness of the Environmental Policy among Group employees, we publish the Policy in the employee handbook, posters and others as well as on our official website. We also provide employees with an opportunity to read through the policy together at new employee training sessions, ISO 14001 internal environmental auditor training courses and departmental meetings, while also posting it in meeting rooms. Moreover, each branch of the Housing Division shares the Sumitomo Forestry Group's environmental commitment with its business partners, for example by showing the Policy to subcontractors in the meetings held with them at the beginning of the term.
The Sumitomo Forestry Group Code of Conduct applies not only to Sumitomo Forestry Group companies but also to its supply chain constituents. The Code of Conduct upholds “coexistence with the environment” and clarifies its intention to involve its business partners in its environmental conservation efforts.
In 2022, the Sumitomo Forestry Group announced Mission TREEING2030 as its long-term vision, in which the Group shows an ideal image of its long-term business structure toward the realization of a decarbonized society by 2030, the goal year of the SDGs. We also set a medium-term management plan titled “Mission TREEING 2030 Phase 1 (2022-2024)” in line with five basic policies, including “Further integration of business operations and ESG." Based on this policy, we clarified the relationship between our nine material issues and the SDGs and worked on Mid-Term Sustainability Targets Phase 1 (2022–2024) as a set of targets to be attained for the achievement of the goals mentioned above. Presently, under our new medium-term management plan “Mission TREEING 2030 Phase 2 (2025–2027),” we are continuing to implement the basic policy of "Further integration of business operations and ESG.” Moreover, we have newly formulated Mid-Term Sustainability Targets Phase 2 (2025–2027), based on which we will further improve our environmental management.
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Sumitomo Forestry Group Environmental Policy
Through our experience nurturing forests since our founding, Sumitomo Forestry Group has learned to appreciate the wonders of wood and the importance of nature. As a corporate entity with a close affinity to nature, we will pursue business activities that balance both environmental and economic interests and contribute to a sustainable society.
- Develop business operations centered on wood and forests
We will cultivate forests that support rich ecosystems and maintain and enhance forest functions, protect biodiversity, and strive to conserve and sustainably utilize natural resources to create new corporate value. - Develop and offer environmentally conscious products and services
We will proactively develop and offer environmentally conscious products and services that contribute to climate change mitigation and adaptation throughout the entire product lifecycle. - Minimize and improve environmental impact
To minimize and improve environmental impact, we will conduct environmentally conscious procurement activities and promote the effective utilization of natural resources that prevent environmental pollution and climate change. In addition to conserving and ensuring the quality of limited water resources, we will strive to properly manage chemical substances and reduce hazardous substances. We will also contribute to the development of a circular society by conserving and recycling resources and reducing waste. - Ensure strict legal compliance
We will adhere to all environmental laws, rules and regulations, global standards, voluntary standards and accords with stakeholders. - Make continual improvements to our environmental management system
We will accurately assess environment-related risks associated with our business activities and with a mid- to long-term outlook, set and work to fulfill yearly environmental goals. We will regularly evaluate our environmental management system and make continual improvements. We will establish a clear system of accountability for the implementation and oversight of our Environmental Policy under the supervision of the Board of Directors. In addition, we will conduct environmental risk assessments regarding new business and investment decisions and take appropriate measures. - Promote environmental education
We will provide environmental education for all parties involved in Sumitomo Forestry Group’s business operations and encourage voluntary environmental efforts. - Pursue active communication
We will actively disclose information about our environmental policies and initiatives and pursue activities that convey the wonders of trees and forests and the importance of nature. Through engagement with our suppliers and business partners, we will strive to reduce our environmental impact across our entire value chain. In addition, we will work closely with international environmental initiatives to resolve environmental issues.
Toshiro Mitsuyoshi
President and Representative Director
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- Sumitomo Forestry Group's Environmental Management