Commitment to the UN Global Compact

LIXIL signed the UNGC in July 2013 in full support of the principles set out in the framework.

In order to help implement the UNGC Ten Principles in the four areas of human rights, labour, environment, and anti-corruption, we became a member of some Global Compact Network Japan working groups (environmental management, ESG, reporting, human rights due diligence, and human rights education) in FYE 2020, and began sharing information.

The UNGC was proposed in 1999 by then Secretary-General Kofi Annan to encourage companies and other organizations to pursue voluntary actions to promote sustainable growth as good social citizens.

Sustainable Development Goals

LIXIL reflects the SDGs approach in its corporate responsibility strategy and uses the goals as a major guideline when forming management decisions. The SDGs are a set of concrete action plans outlined in the Transforming our world: the 2030 Agenda for Sustainable Development, outcome-oriented document adopted by the UN General Assembly in September 2015, consisting of 17 global goals and 169 targets to be achieved for sustainable development. LIXIL will continue to contribute to achieving the SDGs through its business operations.

LIXIL’s Three Strategic Pillars and Their Relevance to the SDGs

Endorsing the Task Force on Climate-Related Financial Disclosures

In March 2019, LIXIL announced its support for the Task force on Climate-related Financial Disclosures (TCFD). In FYE 2020, we participated in the newly established TCFD Consortium in Japan. We also pursued proactive scenario analysis under the support program provided by Japan’s Ministry of the Environment to help companies perform scenario analysis of climate-related business risks and opportunities in line with TCFD recommendations. Going forward, we will strive to reflect the results of the analysis in our management strategy and enhance our information disclosure.