Sustainability Management

Establishment of Sustainability Committee

1. Purpose

Guided by the mission of remaining at the forefront of progress in order to contribute to a broad range of progress and to the happiness and wellbeing of people worldwide, Iwaki has been a source of value for society by supplying chemical pumps and fluid control products used in many industries.
As the business climate for companies changes dramatically, there is an increasing need for solutions to social issues in order to achieve both a sustainable society and the sustainable growth of corporate value. Iwaki has established a Sustainability Committee in order to incorporate the perspective of sustainability in the management of business operations.

2. Roles

The Sustainability Committee is responsible for establishing a basic policy for sustainability, identifying materiality, checking the progress of activities targeting various issues, discussing activities and other matters, and submitting suggestions and reports to the Board of Directors.
Under the oversight of this committee, project teams are established that consist of people from all sections of Iwaki, there are activities for making sustainability initiatives more effective, and company-wide initiatives are implemented.

3. Composition

The Sustainability Committee is chaired by the company president and includes senior executive director, outside directors and individuals involved with sustainability activities and with knowledge in this field. The committee also includes prominent individuals from outside Iwaki as required.