youme MIRAI Action 同じ街で 同じ未来へ

Izumi's Materiality

Materiality identification

In 2021, we identified issues both in society and in our business activities. Considering the degree of importance of each issue, we created a materiality matrix and identified the issues we will tackle as a priority. We also reorganized our materiality in FY2026, to coincide with the formulation of our third medium-term management plan, based on a reassessment of the content, scope and degree of importance of activities for each materiality.

Purpose of review of priority issues

・To adapt to changes in our business, relevant stakeholders and diversifying social issues ・To reevaluate priority issues for improved corporate value over the medium and long term, to coincide with formulation of our third medium-term management plan ・To promote sustainability management and information disclosure in compliance with international guidelines

As a result of the review, our four material issues (Local communities and customers, Environment, Safety and security, and Diversity, Equity and Inclusion) will remain unchanged and we will build on our initiatives to date aiming to further develop a community-based "comprehensive lifestyle industry." In addition, the identified materiality will be incorporated into management through the deliberations of the Sustainability Committee and the approval and supervision of the Board of Directors and will be reviewed periodically in light of changes in society and the business environment.

Materiality Identification Progress

To create a better future for the next generation, the Izumi Group established the Sustainability Committee, a companywide organization chaired by the President and Representative Director, and extracted and identified materiality (material issues) in response to changes in the social environment.

Materiality Identification Progress
Materiality Matrix

As shown below, we created a matrix by mapping the extracted issues along two evaluation axes: Importance for society and Importance for Izumi.

materiality_matrix

H (High), M (Medium), L (Low)

Initiatives to address materiality (material issues)

By organizing the issues in the materiality matrix based on our management philosophy and business activities, we identified four material issues (materiality).

Business Strategy Materiality Initiatives

(i) Be closer to customers in the local community than anyone else
(ii) Create mechanisms for growing alongside local communities
(iii) Serve as the foundation for people's lives in the local community

Local communities
and customers
Creating enriched lives together with local communities and customers Providing products and services for diverse customers and developing convenient ways of shopping
Providing places and opportunities for customers in local communities gather
Revitalizing local communities and responding to disasters through comprehensive agreements and collaboration with local governments
Environment Achieving a decarbonized society and efficiently using resources Reduction of CO2 emissions, energy measures
Reduction of waste generated by stores
Reduction of plastic containers and packing
Effective resource use
Safety
and security
Creating value by providing safety and security, and through products and services Through hygiene management
Handling and appropriately labelling health-conscious and allergen-free products
Sustainable procurement of marine and agricultural products
Providing environmentally friendly products
Diversity, Equity
and Inclusion
Creating an environment where diverse human resources can thrive Promoting the career advancement of women, and increasing the ratio of women in managerial positions
Supporting the active participation of young people, the elderly, foreign nationals, and people with disabilities
Creation of a working environment that suits different life stages
Conceptual image of materiality (material issues)
Conceptual image of materiality (material issues)

Initiative-specific policies(Japanese)

Long-term vision

In line with our 2050 vision "youme MIRAI (future) Action," we established numerical targets and also determined matters to be tackled.

Vision Specific initiatives 2030 targets 2050 vision
A Decarbonized Society Reduction of CO2 emissions
  • Reduce CO2 emissions associated with store operations by 50% (compared to FY2013)
  • Ensure that the electricity used in store operations at new stores is 100% renewable energy
  • Net zero CO2, emissions from store operations
  • Aim for 100% renewable energy in our store operations through the installation of solar panels at existing stores and the adoption of renewable energy
  • Reduce not only own emissions (Scopes 1 and 2) but also Scope 3 emissions, for reductions through our supply chains
A Recycling-Oriented Society Action on plastics
  • Plastic bag usage reduction rate of 80% (compared to FY2018)
  • Switch to biomass and similar materials for grocery bags
  • Reduce use of plastic bags to zero
Measures for food loss
and food recycling
  • Cut food loss by 50%
    (compared to FY2018)
  • Cut food loss by 80%
    (compared to FY2018)
  • Recycle 70% of food waste
  • Recycle 100% of food waste
A Society in Harmony with Nature Protection of biodiversity
  • Expand provision of sustainable products and promote ethical consumption