Important Societal Issues (Materiality Issues)To achieve sustainable growth together with society, Yamaha Motor intends to help resolve a variety of societal issues in uniquely Yamaha ways.In formulating its Long-Term Vision and Medium-Term Management Plan, the Company identified important societal issues that it can help resolve by leveraging its strengths and has incorporated initiatives to resolve these issues into the Medium-Term Management Plan.STEPWe look at the wide range of societal issues referenced in the United Nations’ Sustainable Development Goals (SDGs) and the Global Risks Report, and select those that will have the greatest impact on Yamaha Motor’s use and procurement of management resources, and for which the resolution will make the greatest contribution to the enhancement of corporate value. We also evaluate the importance of societal issues from the perspective of stakeholders, referencing the valuations of ESG rating institutions.1SortSTEPThrough consultation with operating divisions, functional divisions, and corporate divi-sions, the divisions clarify the relationships between the issues selected in Step 1 and each division’s policies and activities, and those that should be addressed Companywide are aggregated and categorized.2CategorizeSTEPAll of the Company’s officers deliberate societal issues aggre-gated and categorized in Step 2 at the Management Committee and the Board of Directors’ meetings, and designate “impor-tant societal issues” that should be addressed Companywide using the Company’s strengths, corporate philosophy, and unique capabilities.3DesignateSTEPInitiatives to resolve the identi-fied important societal issues have been incorporated into the Medium-Term Management Plan. The rigorous implementa-tion of these initiatives will be monitored going forward.4IncorporateProcess for Identifying Important Societal Issues Selected societal issues• Financial crisis in important economic zones• Unmanageable inflation• Failure of national governance• Failure of regional or global governance• Inter-government conflict over regional problems• Deepened social uncertainty• Abuse of technological progress• Introduction of industrial processes taking into account clean technologies and efficient use of resources• Heightened awareness of sustainability• Promotion of economic growth based on fair work environments• Reduction of waste materials• Curtailment of corruption and bribery• Improved energy efficiency (including promotion of use of renewable energy)• Promotion of use of inexpensive, reliable energy• Promotion of safe and secure work environments• Advancement of diversity and inclusion• Effective use of water resources and prevention of pollution• Securing of clean water resources• Abolition of inequality• Responses to multistakeholders• Promotion of innovation (active use of global partnerships)• Implementation of fair taxation• Promotion of sustainable industrialization• Elimination of discrimination against women / protection of human rights• Use of women’s skills• Strengthened disaster prevention and response• Eradication of forced labor, human trafficking, and child labor• Increased employment for socially vulnerable people• Prevention of pollution and damage from harmful chemical substances• Strengthened measures to address climate change• Sustainable use of natural resources• Promotion of innovation (promotion of sustainable industrialization)• Promotion of innovation (promotion of sustainable forms of consumption and production in developing countries)• Strengthened support for emerging and developing economies• Promotion of protection and recovery of land ecosystems• Provision of a stable living environment• Halting of deforestation• Protection and recovery of marine ecosystems• Expansion of educational systems (including vocational training)• Enhanced education environment in developing countries• Promotion of social infrastructure development• Prevention of traffic accidents• Protection of small-scale agricultural and fishing industries• Advancement of sustainable fishing industry• Improved access to fishing areas and markets in least developed countriesImportant issue areasHighImportance to Yamaha MotorLowHighImportance to stakeholdersLowToward Sustainable Growth20Yamaha Motor Co., Ltd. Integrated Report 2020
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