Materiality and Sustainability Strategy of theThe Concept of Sustainability in Mandom Group
Mandom Groupʼs business activities are premised on the basisof sound and sustainable “environment (E)” and “society (S).”However, we are confronted with various issues that havebegun surfacing, such as climate change, declining biodiversity,marine plastic pollution, and human rights issues in supply
chains, which should be addressed appropriately by maintaining
solid “governance (G)” that supports the company.
Mandom upholds “social responsibility & sustainability” as
its philosophy, which itself is equivalent to sustainability ofMandom Group. To solve social and environmental issues,
we will adhere to sustainable management (ESG management+ SDGs management), working out sustainability policies
and identifying material issues (materiality) in sustainability

to provide further Dedication to Service (Oyakudachi) toconsumers and create new corporate values through business
operation.
Social Responsibility & Sustainability
Our social responsibility extends beyond coexistence withsociety. We pay serious attention to the views and ideas ofpeople from all walks of life and initiate dialogues with themin recognition of and respect for the diversified values andlifestyles of all members of society.
We aim to create a better, more sustainable society byaddressing social issues from a global perspective and byworking out solutions with our stakeholders through our corebusinesses.

Sustainability Policies
We will promote unique sustainable management that ensures both enrichment
on an everyday basis and solution of social issues through our concepts ofHealth, Cleanliness, Beauty and Fun.

Material Issues (Materiality) in Sustainability
Materiality

Commitment

Future challenges to be addressed by taking advantage of our strength and creating values
Based on our original concept of “Health, Cleanliness, Beauty and Fun” that
Creating an easy-tostart grooming culture is, the basic parts of “Health, Cleanliness and Beauty” combined with “Fun,”➡ P.22

we will make consumers have fun and feel satisfied with everyday life throughproducts and services that only Mandom can provide.

Expanding Dedication to Service We will respond appropriately to changing senses of values and consumption
behavior of consumers and maintain an environment in which consumers canto a diversity of consumers➡ P.27

look and choose the products and services to provide Dedication to Service(Oyakudachi) to a billion people around the world.

Realizing mutual growth of
We will promote work-style reform to improve “productivity per unit,” “growth
employees and the company of individuals and job satisfaction” and “creativity” so that all employees as➡ P.30“human assets” may support the company and society.

Issues to be addressed to realize a sustainable society and company
Actions for sustainable Switching over to a recycling-based society in our view, we will take measures
to reduce our environmental burden at all stages of the life cycle of products,
global environment➡ P.35including less dependence on plastics. Regarding reduction of greenhouse gasemissions, we hope to realize virtually zero greenhouse gas emissions by 2050.

Sustainable procurement We will procure palm oil, paper, etc. ethically. Our action ranges from protectionof forests and biodiversity to execution of corporate social responsibilityof raw materials➡ P.39Maintaining/enhancing thecorporate base➡ P.42by sustaining natural and labor environments and respecting human rights
throughout all supply chains.

Our everlasting mission is expanding and strengthening our Dedication toService, which is feasible on the assumption that we are a going concern.
Besides ensuring safety and security, we will strengthen the business systems
based on our philosophy.

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CSR Information
Mandom Group CSR > Sustainability Strategy and Materiality

20

Mandom Report 2022

Related SDGs

Mandom Group
Process of Identifying Key Issues (Materiality) Over Sustainability

1

List the threats/risks and opportunities surrounding the Company based on social trends

2

Extract themes of initiatives based on threats/risks and opportunities

About Mandom

Step▼

Step▼

StepThemes of initiatives and identifying “key themes of initiatives” from the following matters

3・Key matters in Household & Personal Products sector setby external organizations*▼・Degree of impact on theCompany business4

Have dialogues on the key themes of initiatives identified in STEP 3 with external experts (14 persons
across nine companies)

5

Submit the Key Issues (Materiality) Over Sustainability revised following the dialogues in STEP 4 toSustainability Promotion Committee (Sustainability Committee) for approval

Value Creation Story

Step・Framework of Company
Mission and each strategy▼Step* External organizations: FTSE, MSCI, SASB

Sustainability Promotion System

Decisionmaking

Materiality

Group and holding discussions with relevant departments atcommittee meetings and other meetings, we are strengthening
our efforts to contribute to the sustainable development ofsociety.

We have established a Sustainability Committee, headed by
the President Executive Officer with the aim of strengthening
the sustainability promotion system. While developing ourapproach for promoting the sustainability of the MandomSupervision

ESG Executive Committee

ESG
Middle-Range PlanningS
Occupational Health and Safety Committee
Total Risk Management Committee

G<Secretariat>

ESG Promotion
Division

Code of Conduct Promotion Committee
Activities carried out by other related departments

ES

Performance for the Fiscal Year Ended March 31, 2022

Sustainability Committee

Board of Directorsʼ Meeting

Quality Assurance CommitteeG▲

CSR Information
Mandom Group CSR > Mandom Group Sustainability Promotion System

Framework for a Global Society and Sustainability of the Mandom Groupand strengthen our communication of ESG outside the Group.
In September 2015, we signed the UN Global Compact toexpress our support for its ten principles in four areas ofactivity, with the aim of allowing all MandomGroup employees to share in the values ofglobal society as a step toward sustainable
development, and to create new opportunities
to strengthen relations with a diverse andwide range of stakeholders.

Mandom Report 2022

Company Information

In the Mandom Group, one of the themes of our declaredinitiatives from FY2015 was similarly to strengthen ourCSR promotion system. In April 2015, we set up the CSR
Promotion Division, a corporate department dedicated to thistask. In April 2020, some functions of the CSR Promotion
Division were incorporated into the corporate planning functionin order to respond to the increasing demands for companies
in such areas, including eco-friendliness, social contribution,and governance functions, and the ESG Promotion Division
was newly established to handle the internal promotion of ESG

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