Sustainability
The Nippon Paint Group will aim to create wealth by addressing social issues with the goal of achieving Maximization of Shareholder Value (MSV).
Latest information
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Updated the Answer to CDP page with the 2024 CDP score
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The "Executive Compensation" page was updated with the 199th Annual Securities Report (IFRS)
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The "Reasons for Selection as Independent Directors" page was updated with the 199th Annual Securities Report (IFRS)
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Updated the ESG Data page with FY2024 governance data
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Updated "Whistleblowing reports received in FY2024" in the Risk Management page
Sustainability Initiatives
The Nippon Paint Group will continue to take many actions involving materiality related to sustainability that is identified from a global perspective based on a structure that strengthens the link between sustainability initiatives and business operations.
Innovation
In today’s society, we are increasingly confronted with challenges that cannot be solved through conventional methods. To tackle these issues, we are committed to driving innovation by advancing our proprietary paint and coatings technologies and actively building strategic partnerships.
Environment
Our Group believes that contributing to the reduction of global environmental impacts--through the effective use of resources such as water, energy, and raw materials, and the prevention of environmental pollution--is essential for sustainable business operations. With this belief, we will advance various initiatives and proactively leverage innovative technologies to build sustainable business operations.
Society
Nippon Paint Group has recognized “Diversity & Inclusion,” “Safe People and Operations,” and “Growth with Communities” as its material issues related to society. We are committed to fulfilling our responsibility to future generations and will continuously take initiatives to address these areas, driving our ongoing growth and success.
Governance
Our Group is committed to establishing effective governance frameworks to ensure transparency, objectivity, and fairness in its management practices, earning the trust of societies across all regions where we operate. The Board of Directors acknowledges its fiduciary responsibilities to all stakeholders, including shareholders and investors, and is responsible for the Group's sustainable growth and Maximization of Shareholder Value (MSV) over the medium to long term. In order to fulfill this responsibility, the Board properly exercises its authority and monitors the Group's overall management.
Sustainable Procurement
Our Group’s business activities rely on the supply of a wide range of products and services, including raw materials, equipment, other materials, and information services. We have disclosed our Procurement Policy as the Group’s basic approach to business transactions with suppliers and conduct our procurement activities in alignment with this policy.