Our views on sustainability

In accordance with the spirit of our company “Let’s create a better future”, Moizasia is proudly committed to social and economic development and safeguarding the global environment by conducting fair and upright corporate activities.

Our management philosophy clearly expresses our views on sustainability. Sustainability means proactively engaging in environmental and social issues and challenges, delivering solutions through innovation, and living by the management philosophy.

Fundamental Materiality

Moizasia has identified three categories of fundamental materiality for living by our management philosophy to accomplish the goal of ensuring sustainable growth for the company.

1. Human capital with high social value
2. Robust management foundation
3. Governance for coexistence with society

1. Human Capital with High Social Value

We regard human resources as our most valuable asset in meeting environmental and social demand, and proactively providing solutions to meet the goal. We define “Human capital with high social value” as individuals who are essential not only to the company but also to society. We will nurture our human capital, and thereby bring about innovation and provide solutions.

Definition of human capital with high social value:

• Individuals who observe laws and act in conformity with accepted international customs, and who also maintain high ethical standards for the good of society.
• Innovative individuals with the foresight, insight and creativity needed to anticipate social change.
• Individuals with sound judgment and the ability to make correct decisions and act quickly.
• Individuals with the communication skills to truly address the demands of society, with a sense of purpose and responsibility, while also being attuned to the realities of the marketplace. These attributes are the foundation of decision making, decisiveness and the ability to execute.

2. Robust management foundation

We have identified robust management foundation as the second category of fundamental materiality, as we believe it is necessary both for maximizing the potential of our human capital and for maximizing corporate value. We must build a foundation that facilitates the activities of our human capital and establish a truly robust management foundation. If we cannot accomplish this, our human capital will not be able to continue innovating and providing solutions. Enabling our human resources to use our management foundation to the fullest will ultimately lead to maximizing corporate value.

Definition of robust management foundation:

• A fundamentally sound management foundation with a strong brand presence, reputation, sales foundation and network, and financial footing.
• A corporate climate and culture that is capable of producing abundant human capital with high social value, and can enable that human capital to engage in meaningful work.
• An environment that places importance on the ability to create diverse values and generate quality solutions within a diverse and inclusive organization.

3. Governance for coexistence with society

We will endeavour to increase corporate value based on a robust management foundation in which human capital with high social value develops innovative ideas and continues providing solutions. Within that framework, and given social expectations and demands, we believe that strengthening our corporate governance system for improved coexistence with society is important to all of our stakeholders. We will deepen our engagement with diverse stakeholders, enhance the effectiveness of the board of Directors’ oversight function, and bring greater transparency to our management in order to build a governance framework that allows for improved coexistence with society and works toward achieving sustainability.

Environmental & social materiality

The sustainable development goals (SDG) adopted by the United Nations in September 2015 are goals for achieving sustainability and leaving the world a better place for future generations shared by governments, the private sector and civil society.

In recognition of this, Moizasia has identified the following categories of environmental and social materiality in which it can truly make a valuable contribution.

1. Climate change
2. Sustainable development
3. Human rights & co-development with communities
4. Sustainable & resilient value chains

1. Climate change

Climate change, which is responsible for phenomena such as global warming, changes in the natural environment and more frequent natural disasters, is a global issue with a broad impact on social and environmental sustainability. Moizasia has business operations throughout the world, and views climate change as a serious risk. However, we also believe that it presents business opportunities.

2. Sustainable development

Environment is a precious resources to the society, therefor we encourage our group of companies to develop using green building materials. We believe that by caring the environment, we develop a better place for human being.

To build a better tomorrow, we have adopted a green building management policy and a procurement policy to conserve and sustainably use valuable green resources. By operating our businesses in accordance with these policies, we will promote a greener development for a better future.

3. Human rights & co-development with communities

Due to the globalization of economic activity, serious abuses of human rights against workers and local residents are taking place in relevant countries and regions. Many of these abuses can be remedied or improved by taking human rights into consideration in business activities, and there are growing expectations that businesses should play a role in remedying human rights abuses.
To create a better tomorrow, we take a sincere approach to dealing with human rights issues facing the international community. As part of our initiatives, we have included the three basic principles of the United Nations guiding principles on business and human rights:

• The state duty to protect human rights
• The corporate responsibility to respect human rights
• Access to remedy for victims of business-related abuses

4. Sustainable & resilient value chains

Moizasia deals with thousands of suppliers in conducting transactions and operating a wide range of businesses on a global scale. We believe that we make important contributions to sustainability through environmental conservation and sustainable social development initiatives throughout our supply chain. To build a better tomorrow, we have identified sustainable and resilient value chains and working together with our business partners as an essential category of environmental and social materiality. In addition to managing the supply chain, we will also involve buyers of our products and enhance the strength and competitiveness of our entire value chain, which includes not only Moizasia but also our business partners.

Since we believe that value chain management is important, we will continue taking initiatives toward both suppliers and buyers of our products to place more importance on climate change countermeasures and respect for human rights.