Process of Defining Material Issues
Initiatives to Address Material Issues for Enhancing
Sustainable Corporate Value
TOK defined material issues as the starting point for its long-term initiatives for the attainment of the TOK Vision 2030, a 100-year company in 2040, and carbon neutrality in 2050. The Company has endeavored to address the material issues closely linked to the TOK Medium-Term Plan 2024.
Toward Achieving a Sustainable Future
TOK aims to become “The e-Material Global CompanyTM contributes to a sustainable future through chemistry” under the TOK Vision 2030 where diverse benefits will be realized through the semiconductor technologies of autonomous vehicles, AR/VR, remote medical care, remote agriculture, and remote construction projects with communication revolution (Beyond 5G) at the core.
The TOK Medium-Term Plan 2024 was formulated by backcasting from the Vision with the aim of acquiring abundant business opportunities pertaining to a sustainable future, while implementing countermeasures against the risks of the increasing severity of climate change, the spread of infectious diseases, and the surge in economic security issues.
The Company defined five TOK’s material issues aimed at the enhancement of sustainable corporate value by handling risks and opportunities as listed above. TOK will increase the effectiveness of key initiatives and the KPI for each material issue by promoting a PDCA cycle in close linkage with the TOK Medium-Term Plan 2024.
