Mid-Term Sustainability Targets as part of 2024 Mid-Term Management Plan

Material Issue 5 
To improve the livelihood of the local communities where we operate

Material Issue 5

Material Issue 5 
To improve the livelihood of the local communities where we operate

Creating jobs through our businesses and contributing to the development of local communities.

Related SDGs

Basic Policy

Both in Japan and overseas, regions where forest businesses are operated are far away from major urban areas, and economic and cultural disparities are often seen even within each country. Especially in developing countries, infrastructure such as roads, hospitals, schools and markets may not even be in place. In Japan, even in urban areas, super-aging is progressing, and there are concerns that quality of life of the elderly will decline, along with inactivation of the entire city due to shrinking household size and increase in vacant lands and vacant houses.

Sumitomo Forestry Group is actively contributing to development of social infrastructure required in each region, in addition to increasing employment by hiring local human resources, particularly in the forest business in developing countries. In Japan, in urban areas, we will expand provision of high-quality elderly care facilities and nursing care facilities where the warmth of wood can be felt, who are also socially vulnerable. In rural areas, we will develop businesses that contribute to regional revitalization while emphasizing communication with local stakeholders.

Impact on Society and the Environment

Material Issue 5 Impact (Influence)
To improve the livelihood of the local communities where we operate

Creating jobs through our businesses and contributing to the development of local communities.
Correction of economic disparities through regional revitalization
Development of a common awareness of the issues of local communities through communication with local residents
Enhancement of welfare by providing elderly care facilities

Management of Material Issue 5

In Mid-Term Sustainability Targets 2024, Material Issue 5 is divided into 6 evaluation indicators, and management is carried out by incorporating them into annual activity policies and measures of the management department. We also assess the impacts that the material issue has on society and the environment.

Management of Each Target

Specific steps based on issues and strategies Indicators for Evaluation Managing department FY2021
result
FY2022
target
FY2023
target
FY2024
target
Response to declining birthrate and aging population Number of rooms at private-pay elderly care facilities (rooms) Lifestyle Service Division 1,764 1,764 1,842 1,842
Specific steps based on issues and strategies Indicators for Evaluation Managing department FY2021
result
FY2022
target
FY2023
target
FY2024
target
Communication with local communities Communication with stakeholders related to maintaining SGEC certification (times) Environment and Resources Division - 1 or more 1 or more 1 or more
Explanation and communication to local residents when planning a new power plant (times) - 1 or more 1 or more 1 or more
Year-on-year increase in number of people at OBT (persons)
[Recruitment of local human resources to increase production*]
- +12 +17 +28
Pruning and weeding area at TPF (ha)
[Reduce fire risk and improve landscape (pruning and weeding area)]
- 15 30 30

* Number of local employees at the end of fiscal 2021 was 298.

Specific steps based on issues and strategies Indicators for Evaluation Managing department FY2021
result
FY2022
target
FY2023
target
FY2024
target
Human Rights Efforts related to grievance mechanism* Sustainability Department - Structure
Construction
Range enlargement Continuous operation

* Grievance and/or complaint mechanisms related human rights issues for stakeholders.