Figuring out the Social Issues that the Sumitomo Electric Group
Needs to Focus on to Become a Glorious Excellent Company
We used a materiality analysis to figure out the awareness of social issues that is needed in order to provide the value and carry out the initiatives to improve CSR and adopt ESG that we outlined in VISION 2022, the mid-term management plan we established in 2018, and to carry out the initiatives we mentioned in our CSR Report. The analysis confirmed that the issues we need to be aware of are not significantly different from the ones we had in mind when we established VISION 2022. Concerted effort is being put into action by the whole of the Sumitomo Electric Group to provide value through innovation and strengthen the foundations of our business. This will contribute to solving the social issues we have judged to be particularly important, and this in turn will enable sustainable growth of the Sumitomo Electric Group.