We are strengthening our CSR management system with respect to supervision and oversight of conditions at all our operating companies to ensure the ability of both Seven & i Holdings and the operating companies to fulfill their social responsibilities.
Seven & i Holdings has established three committees, the CSR Management Committee, Risk Management Committee and Information Management Committee, each of which works closely with the operating companies concerned. Each committee conducts periodic reviews and evaluations of the operating companies' performance and shares the findings and results with the operating companies and the Group as a whole in an effort to raise the level of our CSR activities.
CSR Management Committee
The role of the CSR Management Committee is to promote CSR activities by the Group. In collaboration with the Environment Committee and Compliance Committee, which are subordinate organizations, and other divisions, the CSR Management Committee clarifies the present situation, identifies issues, sets priorities, and verifies the results obtained.
The Environment Committee made trial calculations on the carbon footprint for 15 products of the private brand Seven Premium in FY2010.
Meanwhile, Compliance Committee has been active with the three Subcommittees. (See the table below)
These are the five Challenges Facing the Seven & i Group set in 2009, taking into consideration the opinions of outside experts. The Challenges were selected referring also to ISO26000.
[ 1. Strengthening Corporate Governance and CSR Management ]
- Strengthening internal control
- Strengthening CSR management
- Ensuring compliance
- Promoting fair business practices
- Establishing corporate ethics
- Promoting CSR procurement
[ 2. Reducing the Environmental Impact ]
- Attaining an appropriate grasp of environmental impact
- Improving energy efficiency and introducing renewable energy
- Reducing waste and developing a recycling-oriented society
- Implementing measures for biodiversity
- Offering eco-friendly products
- Raising environmental awareness among employees
[ 3. Provision of Safe, Reliable Products and Services ]
- Ensuring the quality and safety of products and services
- Developing stores and facilities customers can visit with a sense of security
- Assuring appropriate information provision
- Responding sincerely to customer opinions
[ 4. Coexistence with Local Communities ]
- Supporting young parents and the elderly
- Assisting in local community revitalization
- Providing support in times of disaster
- Implementing crime-prevention measures for local communities
[ 5. Creating Fulfilling Workplaces ]
- Supporting development of employee abilities
- Assuring fair assessment and treatment of employees
- Achieving a work-life balance
- Making use of diverse human resources
- Assuring consideration for worker health and safety
Risk Management Committee
Risk Management Committee regards all phenomena that threaten the continuation of businesses as risks, measures them quantitatively wherever possible, and verifies whether they may be fully absorbed in view of equity capital. Then, priority is set from the perspectives of seriousness and urgency, to implement countermeasures.
In FY2010, a trial began to measure the greatest risk, as a method to precisely evaluate the soundness of Group business administration. Based on the results, the promotion of integral monitoring systems for business administration and risk management, the effective operation of credit risk management systems, and the strengthening of information security management related to the Internet have been selected as priority issues, and measures have begun to be implemented.
In FY2011, the entire Group will work to achieve specific results with these priority issues. Also to be evaluated is business efficiency from a risk-return viewpoint, in addition to soundness, so that management indexes for overall optimization of the Group's businesses may be offered.
Information Management Committee
Information Management Committee aims to control issues related to information management. In FY2010, a list of documents to be prepared by each of the Group companies pursuant to laws and regulations and their model examples were offered. Advice was also offered in relation to the preparation processes, as well as a follow-up on the information reporting rules documented in FY2009 and reconfirmation of the rules based on the regulations to prevent insider trading at each of the Group companies.
In FY2011, efforts will continue to reinforce information security and fully enforce the information reporting rules and regulations to prevent insider trading.
