The TOPPAN Group's Sustainability InitiativesSustainability Strategy
Approach to Providing Solutions to Social Issues through Business
Based on the key concept of “Digital & Sustainable Transformation,” the TOPPAN Group aims to help shape a sustainable society and enhance corporate value as a leader in providing solutions to social issues worldwide through digital transformation (DX) and sustainable transformation (SX). In DX, we aim to transform society, our customers, and the business of the TOPPAN Group from a digital starting point, while in SX, we aim to address social issues through our business and drive management with a focus on sustainability. As part of these efforts, we are transforming our business portfolio, strengthening our management foundations, and expanding sustainability initiatives. Under the New Medium Term Plan that takes fiscal 2023 as its first year, we are advancing a transformation to increase operating profit for growth businesses, including that of DX and SX businesses, to more than half of the total in the fiscal year ending March 2026. The planned breakdown of operating profit for growth businesses—DX (Erhoeht-X™)*, SX in Japan/overseas Living & Industry, and new businesses—is shown below.
- *
- Erhoeht-X™ (“erhoeht cross”) is the concept for efforts across the TOPPAN Group to support the digitalization of society and companies and drive the digital transformation of the TOPPAN Group itself.
Breakdown of Operating Profit for Growth Businesses
- *
- The denominator used for calculating percentages is operating profit before the deduction of adjustments.
Growth Businesses and TOPPAN Business Action for SDGs
When we devised the TOPPAN SDGs STATEMENT in 2019, we took a long-term perspective to 2030 and set out material issues that the TOPPAN Group should focus on, grouping them into Business Materiality and Companywide Materiality. TOPPAN Business Action for SDGs, which sets out the areas of focus under the three Business Materiality themes of “Environment,” “Communities,” and “People,” has been incorporated into our Medium Term Plan. We have linked this to business portfolio transformation and set target figures as indicators aligned with each growth business.
“Percentage of packaging sales accounted for by sustainable packaging,” under the theme of Environment, is positioned as an indicator for “expanding eco-friendly products and solutions” in the Living & Industry business. “Number of services enriching people’s lives (use of platforms for the metaverse and web3 era),” under the theme of Communities, is an indicator for secure personal-data-related services in the DX business. And “number of services that contribute to health,” under the theme of People, is an indicator for solutions linked to extending healthy life expectancy in the area of new businesses.
We have also defined the themes of “environmentally friendly & sustainable production” and “employee health & job satisfaction” under Companywide Materiality as the foundation for supporting the Business Materiality themes.
We are driving this series of efforts across the Group in coordination with the key sustainability themes of climate change, human capital and diversity, human rights, and supply chains.
Alignment of TOPPAN Business Action for SDGs with Growth Businesses
- *1
- Refers to SX priority theme packaging products, paperboard and paper packaging products, and mono-material flexible packaging products. Targets are for single fiscal years.
- *2
- Refers to services using platforms for the metaverse and web3 era that handle personal data securely. Targets are cumulative figures over the years leading up to the target year.
- *3
- Refers to services that provide added value in the healthcare field. Targets are cumulative figures over the years leading up to the target year.