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Business and CSR Activities Pursuing Sustainable Improvement for Corporate Value
This section explains the Group’s value creation process and the CSR activities the Group is integrating into its business.
Daiichi Sankyo’s Value Creation Process
Daiichi Sankyo utilizes financial capital, intellectual capital, human capital, and various other capital and takes advantage of its Strengths in Science & Technology, Global Organization & Talent, and Presence in Japan in order to respond to the diverse medical needs seen around the world. Creating economic value through business activities aimed at this objective is at the base of Daiichi Sankyo’s efforts to improve corporate value.
In addition, we have organized social, environmental, and other issues related to sustainability into six priority CSR areas. Initiatives in these areas are integrated into business activities. Through such CSR activities, we strive to create social and environmental value and to prevent declines in corporate value. We implement this value creation process to supply innovative medicine that changes standard of care (SOC)* in order to create value for patients, their families, healthcare professionals, and other stakeholders in a balanced manner. Moreover, we expect that this cycle of creating value will contribute to the sustainable improvement of corporate value.
- * Universally applied best treatment practice in today’s medical science
We explain Daiichi Sankyo’s corporate social responsibility (CSR) activities, which are integrated into its business activities and based on the DAIICHI SANKYO Group Corporate Conduct Charter.
In order to address social, environmental, and other sustainability issues, we have identified and organized CSR issues into six priority areas on which the Group will concentrate its resources. Actual activities are promoted through a system of committees with cross-organizational membership. We will also engage in active communication with our various stakeholders, taking their evaluations of the Group to heart and reflecting these evaluations in CSR activities.
The Daiichi Sankyo Group’s CSR Activities
・CSR Activities Based on the Daiichi Sankyo Group Corporate Conduct Charter
Based on the Daiichi Sankyo Group Corporate Conduct Charter, we are conducting CSR activities as part of all our corporate activities. The Daiichi Sankyo Group Corporate Conduct Charter defines principles to be practiced in all of the Company’s activities in order to fulfill its corporate mission. Taking each of these principles very seriously, and complying with legal regulations and rules, we act with the highest ethical standards and good social conscience appropriate for a company engaged in a business that affects human lives. Through this commitment, we strive to meet the diverse requirements and expectations of society to improve corporate value and thereby fulfill our Corporate Social Responsibility (CSR).
・CSR Activities for Addressing Diverse and Changing Sustainability Issues
We must respond to a diverse range of sustainability issues, including those related to human rights, gender equality, corruption prevention, environmental preservation and global health. In responding to sustainability needs, we have clarified the CSR issues that the Group will focus on based on their medium-to-long-term relationship with our business and arranged these into six domains for CSR activities (see steps 1 and 2 below).
- *1 A voluntary initiative in which companies and organizations demonstrate leadership and act as upstanding members of society by participating in the creation of global frameworks aimed at realizing sustainable growth
- *2 An international guidance standard aimed at helping companies and other organizations assess and address the social responsibilities relevant to their business
・The Daiichi Sankyo Group’s SDGs Initiatives
Sustainable Development Goals (SDGs) are a set of goals for 2030 to address the key issues facing the world and have been adopted by the member states of the United Nations. 17 goals to be accomplished by 2030 have 169 targets. The Group is conducting activities to contribute to“ Goal 3: Ensure healthy lives and promote well-being for all at all ages” in particular as a pharmaceutical company. The Group’s initiatives with regard to the 17 SDGs have been compiled into a list of the Daiichi Sankyo Group’s initiatives related to the SDGs.
・Concentration of Responsible Corporate Activities
We have defined six domains on which we will concentrate responsible corporate activities based on the United Nations Global Compact and other international CSR initiatives as well as the responsibilities we are expected to fulfill as a pharmaceutical company. Moreover, these domains were selected in consideration of requests and expectations from society and their relation to medium- and long-term business activities.
・Issues to Be Addressed as Part of Responsible Corporate Activities
Based on the above CSR issues, we have defined the following five areas of focus for CSR activity domains in the 5-year business plan and are advancing initiatives accordingly.
・CSR Targets (5-Year Business Plan) and its Progress
Promotion of CSR Activities
Initiatives related to compliance management, environmental management and social contribution activities are promoted by specific committees set up for each area (Corporate Ethics Committee, Environmental Management Committee, and Social Contributions Committee). Relevant Company divisions serve as the secretariat for each of these committees, which are membered by individuals from across the organization. In addition, important matters related to CSR are reported to and discussed by the Management Executive Meeting.
Corporate Ethics Committee (Secretariat: Legal Affairs Department)
The Corporate Ethics Committee promotes management that complies with domestic and international laws and regulations as well as corporate ethics and fulfills corporate social responsibility. In fiscal 2016, meetings were held a total of two times, in July and February to discuss the global policy for compliance and the Fiscal 2017 Activity Plan (awareness promotion, education, monitoring, surveys, revision of regulations, and other matters related to compliance) as well as discussion on other activities.
Chairperson:Compliance officer (Head of General Affairs Division)
Members:The Committee consists of 11 members including 10 members internally assigned by the chairperson and an outside lawyer for ensuring transparency and confidence of the Committee
Environmental Management Committee (Secretariat: CSR Department)
The Environmental Management Committee promotes environment-friendly and balanced management which contributes to sustainable society throughout its overall corporate activities. In fiscal 2016, meetings were held a total of two times, in June and March to discuss environmental management action plans, including measures for curbing global warming and optimizing the environmental management system, along with revising the rules for environmental management practices.
Chairperson:Chief executive officer of environmental management (Head of General Affairs Division)
Members:The Committee consists of 12 members including Environmental Management Officer (vice president of CSR Department)
Social Contributions Committee (Secretariat: CSR Department)
The Social Contributions Committee promotes social contribution activities from the perspective of fulfilling corporate social responsibilities as a good corporate citizen. In fiscal 2016, meetings were held a total of four times, in May, September, December and February to discuss matter related to donations.
Chairperson:Head of General Affairs Division
Members:6 members appointed by the chairperson
The chairperson and members of each of the three committees described above are as of April 1, 2017.
The CSR Department works to identify sustainability issues and, based on the global management structure, collaborates with relevant divisions to support and promote the Group’s CSR activities.
External CSR and ESG Evaluations and CSR Communication
We engage in active communication with the institutions supporting CSR initiatives, ESG investigation firms, institutional investors that emphasize CSR and ESG, and CSR experts. In addition to explaining the Group’s CSR activities (see the“ CSR Issues and Initiatives” table below), we use such communications as an opportunity to understand requests and expectations of our various stakeholders for the Group to keep our understanding current and to reflect this understanding in CSR activities.
・CSR Issues and Initiatives