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Report Data Table
Integrated Report
Since 2023, Foster Group has published an Integrated Report, a compilation of financial and non-financial information, as a tool to help you understand our medium- and long-term goals and strategies.
This report is prepared for the purpose of enhancing the transparency of the Foster Group and strengthening our efforts to enhance the corporate value of the Foster Group and sustainable growth through dialogue with our stakeholders. We hope you will find this report useful in deepening your understanding of our company.
Please click here for more details on the Integrated Report.
Sustainability Report Archive
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PDF（9.5MB） |
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Sustainability Report 2018 (English) |
PDF（7.62MB）
PDF（8.93MB） PDF（9.25MB） |
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Sustainability Report 2017 (English) |
PDF（5.90MB）
PDF（6.64MB） PDF（6.54MB） |
GRI content index
|
Statement of use |
Foster Electric Company, Limited has reported in accor-dance with the GRI Standards for the period from April 1, 2023 to March 31, 2024. |
|---|---|
|
GRI 1 used |
GRI 1: Foundation 2021 |
|
Applicable GRI Sector Standard(s) |
- |
GRI 2: General Disclosures 2021
| GRI Standards | Disclosures | Where the information is disclosed | ||
|---|---|---|---|---|
| No. | Disclosure item | Refer to | This report and corporate website | |
1. The organization and its reporting practices |
2-1 | Organizational details | P.71 | |
| 2-2 | Entities included in the organization’s sustainability reporting | P.71 | ||
| 2-3 | Reporting period, frequency and contact point | P.1 - |
||
| 2-4 | Restatements of information | PP.62-70 | ||
| 2-5 | External assurance | - |
- (External assurance not received) |
|
2. Activities and workers |
2-6 | Activities, value chain and other business relationships | P.10 PP.36-39 - |
|
| 2-7 | Employees | PP.62-70 - |
||
| 2-8 | Workers who are not employees | PP.62-70 - |
||
3. Governance |
2-9 | Governance structure and composition | PP.48-54 PP.55-58 - - |
|
| 2-10 | Nomination and selection of the highest governance body | PP.48-54 PP.55-58 - - |
||
| 2-11 | Chair of the highest governance body | PP.48-54 PP.55-58 - - |
||
| 2-12 | Role of the highest governance body in overseeing the management of impacts | PP.27-29 PP.30-31 PP.48-54 - - |
Foster Electric’s Sustainability Initiatives on Natural |
|
| 2-13 | Delegation of responsibility for managing impacts | PP.27-29 PP.48-54 |
||
| 2-14 | Role of the highest governance body in sustainability reporting | PP.27-29 | ||
| 2-15 | Conflicts of interest | PP.55-58 - - |
||
| 2-16 | Communication of critical concerns | PP.48-54 PP.62-70 |
||
| 2-17 | Collective knowledge of highest governance body | PP.27-29 PP.62-70 |
Foster Electric’s Sustainability * ESG training for officers was provided in February 2024. |
|
| 2-18 | Evaluation of the performance of the highest governance body | PP.48-54 - |
||
| 2-19 | Remuneration policies | PP.48-54 - |
||
| 2-20 | Process to determine remuneration | PP.48-54 - |
||
| 2-21 | Annual total compensation ratio | - | ||
4. Strategy, policies and practices |
2-22 | Statement on sustainable development strategy | PP.4-6 P.19 |
|
| 2-23 | Policy commitments | PP.27-29 PP.32-35 - - |
Foster Electric’s Sustainability |
|
| 2-24 | Embedding policy commitments | PP.27-29 PP.36-39 |
||
| 2-25 | Processes to remediate negative impacts | PP.48-54 | ||
| 2-26 | Mechanisms for seeking advice and raising concerns | PP.48-54 | ||
| 2-27 | Compliance with laws and regulations | PP.62-70 | ||
| 2-28 | Membership associations | - |
- |
|
5. Stakeholder engagement |
2-29 | Approach to stakeholder engagement | PP.40-46 | |
| 2-30 | Collective bargaining agreements | - |
- |
|
GRI 3: Material Topics 2021
| GRI Standards | Disclosures | Where the information is disclosed | ||
|---|---|---|---|---|
| No. | Disclosure item | Refer to | This report and corporate website | |
| 3-1 | Process to determine material topics | PP.13-14 | ||
| 3-2 | List of material topics | PP.13-14 | ||
| 3-3 | Management of material topics | PP.13-14 PP.27-29 PP.30-35 PP.36-39 PP.40-46 PP.48-54 |
Foster Electric’s Sustainability Initiatives on Natural Capital |
|
Economy
| GRI Standards | Disclosures | Where the information is disclosed | ||
|---|---|---|---|---|
| No. | Disclosure item | Refer to | This report and corporate website | |
| GRI 201: Economic Performance 2016 |
201-1 | Direct economic value generated and distributed | - | |
| 201-2 | Financial implications and other risks and opportunities due to climate change | PP.62-70 | ||
| 201-3 | Defined benefit plan obligations and other retirement plans | - | ||
| 201-4 | Financial assistance received from government | - |
201-4-a、201-4-b |
|
| GRI 202: Market Presence 2016 |
202-1 | Ratios of standard entry level wage by gender compared to local minimum wage | PP.62-70 | |
| 202-2 | Proportion of senior management hired from the local community | PP.62-70 | ||
| GRI 203: Indirect Economic Impacts 2016 |
203-1 | Infrastructure investments and services supported | PP.46 | |
| 203-2 | Significant indirect economic impacts | - |
- |
|
| GRI 204: Procurement Practices 2016 |
204-1 | Proportion of spending on local suppliers | PP.62-70 | |
| GRI 205: Anti-corruption 2016 |
205-1 | Operations assessed for risks related to corruption | PP.62-70 | |
| 205-2 | Communication and training on anti-corruption policies and procedures. | PP.36-39 PP.62-70 |
||
| 205-3 | Confirmed incidents of corruption and actions taken | - |
- |
|
| GRI 206: Anti-competitive Behavior 2016 |
206-1 | Legal actions for anti-competitive behavior, anti-trust, and monopoly practices | - |
- |
| GRI 207: Tax 2019 |
207-1 | Approach to tax | P.54 | |
| 207-2 | Tax governance, control, and risk management | - |
- |
|
| 207-3 | Stakeholder engagement and management of concerns related to taxes | - |
- |
|
| 207-4 | Country-by-country reporting | - | ||
Environment
| GRI Standards | Disclosures | Where the information is disclosed | ||
|---|---|---|---|---|
| No. | Disclosure item | Refer to | This report and corporate website | |
| GRI 301: Materials 2016 |
301-1 | Materials used by weight or volume | - |
- |
| 301-2 | Recycled input materials used | PP.62-70 | ||
| 301-3 | Reclaimed products and their packaging materials | - |
- |
|
| GRI 302: Energy 2016 |
302-1 | Energy consumption within the organization | PP.62-70 | |
| 302-2 | Energy consumption outside of the organization | - |
- |
|
| 302-3 | Energy intensity | PP.62-70 | ||
| 302-4 | Reduction of energy consumption | PP.62-70 | ||
| 302-5 | Reductions in energy requirements of products and services | P.34 | ||
| GRI 303: Water and Effluents 2018 |
303-1 | Interactions with water as a shared resource | P.32 | |
| 303-2 | Management of water discharge-related impacts | P.32 | ||
| 303-3 | Water withdrawal | PP.62-70 | ||
| 303-4 | Water discharge | PP.62-70 | ||
| 303-5 | Water consumption | PP.62-70 | ||
| GRI 304: Biodiversity 2016 |
304-1 | Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas | - |
- |
| 304-2 | Significant impacts of activities, products, and services on biodiversity | - |
- |
|
| 304-3 | Habitats protected or restored | - |
- |
|
| 304-4 | IUCN Red List species and national conservation list species with habitats in areas affected by operations | - |
- |
|
| GRI 305: Emissions 2016 |
305-1 | Direct (Scope 1) GHG emissions | PP.62-70 | |
| 305-2 | Energy indirect (Scope 2) GHG emissions | PP.62-70 | ||
| 305-3 | Other indirect (Scope 3) GHG emissions | PP.62-70 | ||
| 305-4 | GHG emissions intensity | PP.62-70 | ||
| 305-5 | Reduction of GHG emissions | PP.62-70 | ||
| 305-6 | Emissions of ozone-depleting substances (ODS) | - |
- |
|
| 305-7 | Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions | - |
- |
|
| GRI 306: Waste 2020 |
306-1 | Waste generation and significant waste-related impacts | - |
- |
| 306-2 | Management of significant waste-related impacts | - |
- |
|
| 306-3 | Waste generated | PP.62-70 | ||
| 306-4 | Waste diverted from disposal | - |
- |
|
| 306-5 | Waste directed to disposal | PP.62-70 | ||
| GRI 308: Supplier Environmental Assessment 2016 |
308-1 | New suppliers that were screened using environmental criteria | PP.62-70 | |
| 308-2 | Negative environmental impacts in the supply chain and actions taken | - |
No “Negative environmental impacts in the supply chain and actions taken,” according to the results of CSR self-assessments containing these questions |
|
Social
| GRI Standards | Disclosures | Where the information is disclosed | ||
|---|---|---|---|---|
| No. | Disclosure item | Refer to | This report and corporate website | |
| GRI 401: Employment 2016 |
401-1 | New employee hires and employee turnover | PP.62-70 | |
| 401-2 | Benefits provided to full-time employees that are not provided to temporary or part-time employees | PP.62-70 | ||
| 401-3 | Parental Leave | PP.62-70 | ||
| GRI 402: Labor/ Management Relations 2016 |
402-1 | Minimum notice periods regarding operational changes | - |
The minimum notices are given according to the law of the countries / regions. |
| GRI 403: Occupational Safety and health 2018 |
403-1 | Occupational Safety and health management system | PP.44-45 | |
| 403-2 | Hazard identification, risk assessment, and incident investigation | PP.44-45 | ||
| 403-3 | Occupational health services | PP.44-45 | ||
| 403-4 | Worker participation, consultation, and communication on occupational Safety and health | PP.44-45 | ||
| 403-5 | Worker training on occupational Safety and health | PP.44-45 | ||
| 403-6 | Promotion of worker health | PP.43-44 PP.44-45 |
||
| 403-7 | Prevention and mitigation of occupational Safety and health impacts directly linked by business relationships | PP.44-45 | ||
| 403-8 | Workers covered by an occupational Safety and health management system | PP.44-45 | ||
| 403-9 | Work-related injuries | PP.44-45 PP.62-70 |
||
| 403-10 | Work-related ill health | PP.44-45 PP.62-70 |
||
| GRI 404: Training and Education 2016 |
404-1 | Average hours of training per year per employee | PP.62-70 | |
| 404-2 | Programs for upgrading employee skills and transition assistance programs | PP.40-41 | ||
| 404-3 | Percentage of employees receiving regular performance and career development reviews | PP.62-70 | ||
| GRI 405: Diversity and Equal Opportunity 2016 |
405-1 | Diversity of governance bodies and employees | PP.62-70 | |
| 405-2 | Ratio of basic salary and remuneration of women to men | PP.62-70 | ||
| GRI 406: Non- discrimination 2016 |
406-1 | Incidents of discrimination and corrective actions taken | - |
- |
| GRI 407: Freedom of Association and Collective Bargaining 2016 |
407-1 | Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk | - |
No “Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk,” according to the results of CSR self-assessments containing these questions |
| GRI 408: Child Labor 2016 |
408-1 | Operations and suppliers at significant risk for incidents of child labor | - |
No “Operations and suppliers at significant risk for incidents of child labor,” according to the results of CSR self-assessments containing these questions |
| GRI 409: Forced or Compulsory Labor 2016 |
409-1 | Operations and suppliers at significant risk for incidents of forced or compulsory labor | - |
No “Operations and suppliers at significant risk for incidents of forced or compulsory labor,” according to the results of CSR self-assessments containing these questions |
| GRI 410: Security 2016 |
410-1 | Security personnel trained in human rights policies or procedures | PP.62-70 | |
| GRI 411: Rights of Indigenous Peoples 2016 |
411-1 | Incidents of violations involving rights of indigenous peoples | - |
- |
| GRI 413: Local Communities 2016 |
413-1 | Operations with local community engagement, impact assessments, and development programs | P.46 | |
| 413-2 | Operations with significant actual and potential negative impacts on local communities | - |
- |
|
| GRI 414: Supplier Social Assessment 2016 |
414-1 | New suppliers that were screened using social criteria | PP.62-70 | |
| 414-2 | Negative social impacts in the supply chain and actions taken | - |
No “Negative social impacts in the supply chain and actions taken,” according to the results of CSR self-assessments containing these questions |
|
| GRI 415: Public Policy 2016 |
415-1 | Political contributions | - |
- |
| GRI 416: Customer Safety and health 2016 |
416-1 | Assessment of the Safety and health impacts of product and service categories | - |
- |
| 416-2 | Incidents of non-compliance concerning the Safety and health impacts of products and services | PP.62-70 | ||
| GRI 417: Marketing and Labeling 20166 |
417-1 | Requirements for product and service information and labeling | - |
- |
| 417-2 | Incidents of non-compliance concerning product and service information and labeling | PP.62-70 | ||
| 417-3 | Incidents of non-compliance concerning marketing communications | PP.62-70 | ||
| GRI 418: Customer Privacy 2016 |
418-1 | Substantiated complaints concerning breaches of customer privacy and losses of customer data | PP.62-70 | |
External Recognition
Japan
Selected as a constituent of the S&P/JPX Carbon Efficient Indices by the Government Pension Investment Fund (GPIF)
We have been selected as a constituent of the S&P/JPX Carbon Efficient Index (evaluated based on the disclosure status and results of CO2 emissions data) for the seventh consecutive year, an ESG index which was adopted by the GPIF since 2018.
Selected as a constituent of SOMPO Sustainability Index (fiscal 2023)
June 2023: We have been selected as a constituent of the SOMPO Sustainability Index, which is operated by Sompo Asset Management Co., Ltd., for the eighth consecutive year. The index places weight on the ESG evaluation by rating firms.
The 7th Nikkei Smart Work Management Survey
November 2023: In the NIKKEI Smart Work Survey which selects leading companies working on a productivity revolution through work style reform, we earned three stars and received a A++ rating in ability to utilize human resources, an A rating in innovation capabilities and a B++ rating in market development capabilities.
グローバル
CDP
February 2024: We received “B-: Management Level” both for Climate Change and Water Security category for the 2023 survey by CDP, a British non-profit organization that evaluates and discloses information on organization’s environmental management. (CDP applies an eight-point scale consisting of A, A-, B, B-, C, C-, D, and D-.)
EcoVadis
January 2024: We received a Gold recognition from EcoVadis, France, in recognition of our sustainability initiatives in the CSR assessment to evaluate suppliers based on the following categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
Surveys from External Organizations
Foster Electric responds sincerely to the sustainability surveys received from external investigatory bodies.
In fiscal 2023, we responded to a total of eight surveys, including the survey for the Toyo Keizai CSR Ranking, the Nikkei SDGs Management Survey, the Nikkei Smart Work Management Survey, and a survey on socially responsible investments by The Good Bankers Co., Ltd. We will continue to respond to survey requests from external investigatory bodies with sincerity and make use of the survey results and what we learn from the surveys in initiatives to enhance the corporate value of the Foster Group.
Job Satisfaction and Creation of Comfortable Workplace Evaluations Received in Japan
New Diversity Management
Selection 100 (2018)
Top 100 Telework Pioneers
(fiscal 2018)
“Kurumin” Certification
(obtained in 2021)
2024 Health and Productivity Management Outstanding Organizations (fiscal 2024)
*Certified for consecutive years since 2019.
Excellent Company in Health (fiscal 2024)
*Certified for consecutive years since 2018.
