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.