Chiyoda Corporation was founded in 1948 during the time when Japan was starting to move powerfully toward postwar recovery. With ‘serving society through technology’ as its founding motto, the company has kept moving forward in accordance with the Corporate Philosophy of ‘Energy and Environment in Harmony’ and in unswerving awareness of the requirements of the global community.
In the Paris Agreement adopted by the United Nations in 2015, a consensus was reached by the international community that it aims for a carbon-free society as an approach to climate change. With The Sustainable Development Goals (SDGs) as global common goals, business entities are strongly urged to make efforts to solve global issues through their businesses.
In addition to the initiatives that form the foundation of our CSR, Chiyoda has identified key sustainability issues aiming to simultaneously resolve global issues and achieve economic growth.
In the future, we will integrate the identified issues into our business plan and further strengthen our efforts to achieve the SDGs through our business activities.
Steps for Identifying Priority Issues
Step1. Identification of Business Sectors and Issues
In accordance with SDGs Compass guidelines, we have implemented the following SDGs dissemination activities for a certain period.
- Internal Education and Dissemination
- Employee Questionnaire
- Workshop
We have identified SDGs that we believe are achievable through our business using the HSE / CSR target setting sheet.
Step2. Definition of Materiality
As a next step, in light of the medium-term management plan, we have identified issues of high importance amongst the issues identified in Step 1 by (1) sorting the distribution of the 17 goals and (2) analyzing them from the perspectives of both social and business impact.
Matrix of SDGs and Mid-Term Management Plan *Please scroll.
| SDGs | 1 NO POVERTY | 2 ZERO HUNGER | 3 HEALTH AND WELL- BEING | 4 QUALITY EDUCATION | 5 GENDER EQUALITY | 6 CLEAN WATER | 7 CLEAN ENERGY | 8 ECONOMIC GROWTH | 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE | 10 REDUCED INEQUALITIES | 11 SUSTAINABLE CITIES AND COMMUNITIES | 12 RESPONSIBLE CONSUMPTION AND PRODUCTION | 13 CLIMATE ACTION | 14 LIFE BELOW WATER | 15 LIFE ON LAND | 16 PEACE, JUSTICE AND INSTITUTIONS | 17 PARTNERSHIPS FOR THE GOALS | |
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| Mid- Term Manage ment Plan | Environment Solutions |
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| Energy Solutions |
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| Engineering and Business Model Innovation |
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| CSR Core Value | Transfer of Skills and Development of Human Resources Through Overseas Project Execution |
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| Human Rights Initiatives (Including Ban on Child Labor/Forced Labor and Promotion of Diversity） |
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| Commitment to Compliance and Governance |
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| Social Contribution |
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Analysis of Social and Business Impact
Step3. Approval of Materiality
The key sustainability issues identified in Step 2 are determined once they are deliberated by the Group CSR Meeting and approved by CSO.
Chiyoda’s Key Sustainability Materiality
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| Goals | Goals Chiyoda aims to ensure stable energy supply by improving infrastructure and providing all people in the world with access to energy through plant construction. Chiyoda responds to various energy demands providing solutions such as environment-friendly LNG plants, renewable energy supply, and hydrogen supply chains. Chiyoda realizes a sustainable society by enhancing corporate value with harmony between energy and the environment. |
Goals Chiyoda contributes to the establishment of the foundation for technical innovation by integrating AI & innovative digital technologies, increasing the asset value of our customers, and developing global human resources through technology transfer, as well as to the establishment of economic and industrial infrastructure of the countries where we construct plants. Chiyoda also aims to resolve social issues by technologies in pharmaceutical / life-science fields. |
Goals Ever since its foundation, achieving a balance between industrial development and the global environment has been one of the important missions of Chiyoda. Chiyoda aims to realize a carbon recycling society and respond to climate change through engineering, ensuring the sustainability of the global environment and human society. Chiyoda remains a leading company, taking on challenges of developing new technologies to solve global issues. |
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