Independent review[translation from Japanese]
Asahi Kasei Group Sustainability Report 2023
Independent Review
October 25, 2023
Koshiro Kudo
President & Representative Director,Presidential Executive Officer
Asahi Kasei CorporationOzaki Satoshi
Chief Director
Responsible Care Verification Center
Japan Chemical Industry Association

Objectives of Verification
Responsible Care Report Verification was performed by the Responsible Care Verification
Center with respect to the Asahi Kasei Group Sustainability Report 2023 Internet Edition (the“Report”) prepared by Asahi Kasei Corporation, with the objective of expressing an opinion
as a chemical industry specialist on the matters as stated below.
1) Reasonableness of methods of calculation and aggregation of performance metrics(numerical values), and the accuracy of numerical values.
2) Accuracy of reported information other than numerical values.
3) Evaluation of Responsible Care (RC) and sustainability activities.
4) Characteristics of the Report.
Verification ProcedureAt the head office, we investigated the reasonableness and accuracy of methods toaggregate numerical values reported by each site (branches, plants, etc.) and theaccuracy of reported information other than numerical values. The investigation at thehead office was conducted through online and in-person meetings, by interviewing
responsible parties and compilers of the Report, and by receiving materials andexplanations.
Verification for the Fuji Works was carried out on-site to examine the reasonableness of
methods used to calculate the numerical values reported to head office, the accuracy ofthe numerical values, and the accuracy of reported information other than numericalvalues. The survey was conducted by interviewing responsible parties, receiving
materials and explanations, and observation of the site.
Numerical values and reported information were verified by sampling.
Opinion1) Reasonableness of methods of calculation and aggregation of performance metrics(numerical values); accuracy of numerical values
・ Calculation and aggregation of numerical values at the head office and Fuji Works
are performed using a reasonable method, and an Environmental Performance Data
Collection System is used throughout the company for accurate and efficient
aggregation of data.
・ Numerical values within the scope of our examination have been calculated andaggregated accurately.
2) Accuracy of reported information other than numerical values

・ Information contained in the Report was confirmed to be accurate. Some minor
issues related to appropriateness of expression and ease of understanding wereidentified in the draft stages, but these have been revised in the present Report.
3) Evaluation of RC and Sustainability Activities
・ In promoting a virtuous cycle between two aspects of sustainability, contributing to asustainable society and sustainable growth of corporate value, as stated in the 2024
Medium-term Management Plan “Be a Trailblazer,” the President has made it clear
in his message that in order to achieve this goal, all leaders must understand theimportance of these initiatives so that they can be communicated to team membersin their own words and in concrete terms. The fact that the company expresses its
thoughts and determination in the foreword of the report is seen in high regard.
・ To be a sustainable company, Asahi Kasei is commended for having established aSustainability Policy and a Sustainability Committee, chaired by the President, as agroup-wide institution, and actively implements activities centered on theSustainability Strategy Planning Department.
・ Asahi Kasei’s Life Saving Actions (LSA) program has been established to eliminate
serious workplace accidents. Not only is there thorough awareness of the four
prohibited actions, but also the company is conducting safety alertness surveys toidentify and improve issues and foster a culture of safety. Tangible results from thisworthy initiative are much anticipated.
・ With its group of research laboratories and plants that produce diverse products, theFuji Works has been fostering a culture of safety by focusing on the 5S method andcase analysis as common responsible care initiatives. Asahi Kasei is alsocommended for publishing the Fuji Works Report every year in an effort tocommunicate with employees, the local community, residents, and related
government agencies.
4) Characteristics of the Report
・ Separate from the Asahi Kasei Report 2023, this Report on Asahi Kasei’s website
provides detailed information on Responsible Care and CSR activities, including
ESG data.
・ With an eye toward carbon neutrality by 2050, this year's Report presents specificmeasures to achieve the 2030 goal of reducing greenhouse gas emissions by 30%or more compared to fiscal 2013 levels.