As disclosing the sustainability information of the Yokogawa Group, items to be disclosed with a priority (materiality) are defined using “GRI 101: Foundation” of the GRI Standards for reference.
Sustainability issues were first extracted based on assessment by outsiders such as ESG assessment organizations. The importance of these issues has been assessed on two axes: “impact on assessment or decision making by stakeholders” and “significance of impact on economy, environment, and society.”
“Impact on assessment or decision making by stakeholders” takes into consideration ESG assessment criteria for each industry type, such as “Dow Jones Sustainability Index” and “FTSE Russel ESG Ratings,” as well as assessment by employees, who are important stakeholders. “Significance of impact on economy, environment, and society” takes into account relevance of “Global Risks Report 2018 (World Economic Forum)” with Yokogawa’s business description and customers.
Priority Disclosure Items (Materiality)
Materiality Matrix