Our Focus on Social Issues
In today’s world, companies are expected to vigorously fulfill their responsibility to help deal with pressing environment-related issues such as climate change and diminishing natural resources from the perspectives of both environmental and economic sustainability. In recent years, individual countries have accelerated their efforts to strengthen regulations surrounding issues such as marine plastic, harmful chemicals and waste contamination. If companies do not take action to alleviate these problems, they could risk infringing compliance rules or damaging their brand value.
Furthermore, consumers, retail stores and other stakeholders are displaying increasingly ethical values in their purchasing decisions, and companies must take action to satisfy these needs.
Relevant TOMY Group Material Issues and SDGs
| TOMY Group Material Issues |
Social Responsibility through Business |
|---|---|
| 7. Environmental management |
 
|
How to Achieve
Our Sustainability Vision
Making sure we pass on sustainable local communities and environments to future generations in which children can smile and enjoy playing with toys is extremely important to the TOMY Group. We state in our Code of Conduct that “We will be considerate of resources and the natural environment,” and we have indeed taken action to reduce environmental impacts through our Eco Toy activities and other initiatives.
Going forward, we intend to conduct more systematic environmental management based on our recently determined TOMY Group Environmental Policy. In recent years, people have become more aware of plastic use. This is an extremely difficult issue for us. Plastic is a strong and safe material that can guarantee consistent quality. It is also easy to color and mold, which enables us to expand the type of play opportunities we can offer, so it is an essential material for toy manufacturing. However, we are exploring ways to reduce single-use plastics in packaging. We also determinedly research alternatives to plastics in our products, and regularly update stakeholders on our progress in these areas.
We also believe that a strong response to climate change is essential, and so we are currently setting long-term targets for quantitative reductions in CO2 emissions.
TOMY Group Environmental Policy(Established in May 2020)
In order to protect our environment so that children around the world can continue to enjoy playing with toys 100 years from now, we seek to minimize the environmental impact of our business operations and help spark children’s awareness of the environment through their most familiar items—toys.
1. Aim to build a sustainable society
We build and promote environment management systems and strive to reduce environmental impact by consistently maintaining and improving those systems.
2. Adhere to environmental laws and regulations
We adhere to applicable laws and regulations, and also seek to accurately grasp societal demands to determine and uphold internal standards.
3. Establish, implement and verify environmental targets
We set, implement and regularly review environmental targets.
4. Offer environment-conscious products and services
We promote the provision of environment-conscious products and services, and seek to effectively utilize resources and consider environmental impact in our product manufacturing. Within the TOMY Group business activities, we strive to counteract climate change, conserve resources and energy, prevent pollution, and reduce and recycle waste.
5. Conduct environmental activities befitting a toy company
We provide opportunities for children to consider the global environment and foster creativity.
We communicate with children and listen to their opinions in order to create new values.6. Reduce environmental impact by cooperating with business partners
We cooperate with our business partners in a joint effort to reduce environmental impact at every stage from purchasing through to customer provision.
7. Thoroughly publicize and promote understanding of environmental policy
We make sure this environmental policy is well understood by all employees and executives, including those at affiliated companies.
We also promote educational and awareness-raising activities to ensure everyone can understand and implement the policy.
Anyone can freely browse the environmental policy, which is available on request.
Medium-term sustainability targets and KPIs
(FY2021-FY2023)
- Aim to reduce and recycle petroleum-derived plastics in packaging and products, begin demonstration verifications, and disclose progress
- Formulate long-term CO2 reduction targets by March 2024
- Restructure our group waste management framework
Definitions of time period terms used by the TOMY Group
| Term | Time period | Definition |
|---|---|---|
| Medium-term | Fiscal 2021-2023 | Period for implementing the medium-term management plan |
| Long-term | From fiscal 2030 onward | Target period for achieving the UN Sustainable Development Goals and carbon neutrality by 2050 |
Management Structure
Currently, our Sustainability and CSR Promotion Group is the main driver of our efforts to build an environmental management framework, to achieve our medium-term sustainability targets, and manage our progress.
Our Production Strategy Division is working on measures to reduce petroleum-derived plastics in our packaging and products while our Consolidated General Affairs and Human Resources Group and our Sustainability and CSR Promotion Group are promoting measures to address industrial waste and other individual environmental issues. Meanwhile, social activity promotion team responsible for corporate citizenship commit to raise environmental awareness among children by conducting school visits and similar outreach programs.
