Materiality (Material issues)

The AIN Group is committed to achieving sustainable development with society in order to meet the expectations and requests of customers and all its other diverse stakeholders. We have therefore identified and categorized a wide range of CSR, ESG and sustainability issues and assessed them from two perspectives -degree of importance to the Group and degree of impact on stakeholders - to define the Group’s materiality.

Process for defining materiality and formulating action plans

In December 2020, we used the following process to define and disclose the Group’s materiality and the supporting value creation story. We also established project teams for each area of materiality. The teams devised initiatives and set KPIs, which were disclosed in May 2021 and we are currently implementing the initiatives to achieve our targets.

Step 1Explore a wide range of social issues

Refer to ISO 26000, the United Nations Global Compact, SDGs and criteria set by ESG assessment bodies to explore a wide range of issues

Step 2Define materiality

Define the Group’s materiality by assessing the importance of issues identified along two lines: importance for the Group and impact for stakeholders

Step 3Create the Group’s value creation story

Organize and finalize the Group’s value creation story in line with materiality

Step 4Take action to achieve the materiality goals

Form project teams for each area of materiality to implement measures, set and work towards KPIs
Regularly review and adjust

Our stakeholders and materiality

Value Creation Story

Dedicated to improving the health and happiness of our customers

We have been dedicated to improving the health and happiness of our customers by supporting their health and beauty through our business activities. We consistently strive to attain this goal by taking a sound and ethical approach in all our corporate activities. Going forward, we will seek to grow in a sustainable way by adjusting and responding to the needs of our customers and all our other stakeholders, while also practicing sustainability management that creates social, environmental and economic value.