Materiality and SDGs

The Nikon Group identifies priority issues in order to ensure the efficient, steady implementation of sustainability measures. In addition, we have implemented a process of goal setting, progress management, evaluation, and improvement for each issue, and are developing sustainability activities for our departments and employees.

Process for Identifying Materiality

Step 1: Identification of social issues - Significant social issues were identified from the GRI Standards, ISO 26000, the UN Global Compact, the Sustainable Development Goals (SDGs), and other standards. A total of 34 issues of particular relevance to the Nikon Group were then extracted, on the basis of analyses of the Group’s value chain and our vision. > Step 2: Assessment of importance - To identify priority issue candidates, the Nikon Group assessed the relative importance of the identified social issues based on the degree of impact on society (economic, social, and environmental impact) and the degree of impact on stakeholders (impact on stakeholder evaluations and decision-making). These assessments were performed by examining the issues that ESG ratings institutions prioritize, communicating with NGOs and other internal and external stakeholders, and benchmarking with respect to other enterprises that have already prioritized CSR. > Step 3: Identification and determination of materialities - After repeated discussions at the management level, 12 new materialities were identified, and the Nikon Group’s Goals for the Fiscal Year Ending March 2031 (What Nikon Intends to Achieve) were set for each of these issues and decided by the Executive Committee. > Step 4: Target setting for each materiality - Inclusion of "creation" of social value through business in the Medium-Term Management Plan and establishment of annual targets for each materiality

The Nikon Group has identified 12 materialities in the four areas of Business Activity, Environment, Society/Labor,and Governance. For each of these priority issues, we have announced "What Nikon needs to do" and "goals for the fiscal year ending March 2031 (What Nikon Intends to Achieve)." In line with these announcements, we will be promoting Group- wide sustainability initiatives that will contribute to the achievement of the SDGs by 2030.

Materiality and related SDGs

9. Industry, Innovation and Infrastructure / 8. Decent Work and Economic Growth / 12. Responsible Consumption and Production / 3. Good Health and Well-Being / 5. Gender Equality / 6. Clean Water and Sanitation / 7. Affordable and Clean Energy / 10. Reduced Inequalities / 13. Climate Action / 14. Life Below Water / 15. Life On Land / 16. Peace, Justice and Strong Institutions / Business Activity: 1. Creating social value through core technologies, 2. Ensuring trustworthiness by maintaining and increasing quality / Environment: 3. Promoting a decarbonized society, 4. Promoting resource circulation, 5. Preventing pollution and conserving ecosystems / Society/Labor: 6. Strengthening supply chain management, 7. Respecting human rights,8. Diversity and inclusion, 9. Employees’ health and safety / Governance: 10. Thorough compliance, 11. Strengthening corporate governance, 12. Strengthening risk management

Sustainability Report

For more information, refer to Sustainability Materiality in the Sustainability Report.

Sustainability Materiality (PDF:352KB)