OJI HOLDINGS

Material Issues/KPIs

Process for Identifying Material Issues

Taking into consideration ever-changing social trends, the Oji Group identified opportunities and risks associated with its business as well as material issues utilizing the following process in 2019.
In 2023, we took steps to renew our definitions for and the components of material issues and revised the KPIs for enhancing human capital. More recently in 2024, we added KPIs regarding biodiversity conservation.

Process for Identifying Material Issues
Material issues — Risks, opportunities, and major initiatives (Integrated Report 2025, page 52)

Material Issues: Definitions and KPIs

Mitigation and adaptation to climate changeMitigation and adaptation to climate change

Contribute to the mitigation of climate change by reducing GHG emissions throughout the supply chain and facilitating forests’ absorption and storage of CO2.

Components KPIs (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Values*1 Value Provided to Society Corresponding SDGs
  • Reduction of GHG emissions (Scope 1, Scope 2)
  • CO2 absorption and fixation by forests
  • GHG emissions reduction in collaboration with suppliers (Scope 3, etc.)
  • Expansion of renewable energy usage
  • Efficient use of energy
  • GHG emissions (Scope 1 and 2)
    Reduce emissions by at least 70% by FY2030 compared with FY2018
    ・GHG emission*2 reduction: 20%　・Net increment in carbon stocks by forests*2: 50%
    Achieve net zero carbon emissions by FY2040
    ・GHG emission*2 reduction: 50%　・Net increment in carbon stocks by forests*2: 50%
  • 34.2% reduction
    ・Reduction in emissions: 11.9%
    ・Net increment in carbon stocks: 22.4%
  • Mitigation of climate change
  • Increased share of renewable energy
  • Improved energy efficiency
  • Advancement of eco-conscious technologies
Affordable and Clean Energy
7.2, 7.3, 7.a

Industry, Innovation and Infrastructure
9.4, 9.5

Responsible Consumption and Production
12.2

Climate Action
13.1, 13.2, 13.3
  • The actual carbon stocks in living biomass*2 expanded to at least 170,000 kt-CO2 (calculated value)
  • 142,020 kt-CO2
  • Renewable energy usage rate of at least 60% through reduction of coal consumption
  • 56.4%
  • Improve energy consumption intensity by at least 1% per year for the 5-year average
  • 7.1% annual reduction (from FY2020 to FY2024)
  • GHG emissions (Scope 3)
    Reduce emissions from chip transport vessels by at least 40% by FY2040 compared with FY2018
  • 33.6% reduction

Sustainable forest management and biodiversity conservationSustainable forest management and biodiversity conservation

Practice sustainable forest management in harmony with the environment and local communities in the forests we own and manage, utilize forest resources and achieve multi- functional forests, which includes biodiversity conservation efforts.

Components KPIs (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Values*1 Value Provided to Society Corresponding SDGs
  • Proper forest management and conservation
  • Utilization of forest resources
  • Conservation and promotion of biodiversity and ecosystems
  • Engagement with local communities
  • Increase the rate of overseas forest certification acquisition*2 (Maintain the domestic rate at 100%)
  • Japan: 100%
    Overseas: 96%
  • Provision of forest multifunctionality and ecosystem services
  • Conservation of biodiversity and ecosystems
  • Job creation
  • Support for employment, education, and healthcare
6 Clean Water and Sanitation
6.6

8 Decent Work and Economic Growth
8.7

14 Life Below Water
14.2

15 Life on Land
15.1, 15.2, 15.3, 15.4, 15.5, 15.c
  • Expand overseas forest plantations to 400,000 ha
  • 295,000 ha
  • Area of natural forest restored on owned land*2
    At least 5,000 ha in FY2019–FY2040
  • 1,933 ha
  • Number of native tree species planted on owned land*2
    At least 900,000 seedlings in FY2019–FY2040
  • 320,000 seedlings
  • Area of ecological corridors formed outside owned land*2
    At least 6,000 ha in FY2019–FY2040
  • 2,260 ha

Circular use of resourcesCircular use of resources

Prevent resource depletion and facilitate the effective use paper and water, which we view as valuable reusable resources.

Components KPIs (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Values*1 Value Provided to Society Corresponding SDGs
  • Promote utilization of recovered paper
  • Reduce water risks
  • Recovered paper utilization ratio*2
    At least 70% in Japan by FY2030
  • Recovered paper utilization ratio for containerboard
    At least 90% in Japan by FY2040
  • 67.4%
  • 98.3%
  • Mitigation of climate change
  • Prevention of resource depletion
  • Reduction of waste
  • Contribution to resolving water scarcity
  • Provision of safe water
6 Clean Water and Sanitation
6.4, 6.5

12 Responsible Consumption and Production
12.4, 12.5, 12.6

14 Life Below Water
14.1

15 Life on Land
15.1, 15.2, 15.3, 15.4, 15.5, 15.c
  • Reduce water intake intensity by at least 6% by FY2030 compared with FY2018
  • Reduce total water withdrawal by at least 10% by FY2040 compared with FY2018
  • (Intensity) 22.0% reduction
  • (Total) 7.3% reduction

Responsible raw materials procurementResponsible raw materials procurement

In the supply chain for procurement of all raw materials, we pay close attention to environmental and social issues, including human rights, and address them responsibly.

Components KPIs (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Values*1 Value Provided to Society Corresponding SDGs
  • Environmental consideration in the supply chain
  • Human rights consideration in the supply chain
  • Compliance with laws and social standards and fair trade
  • Conduct sustainability surveys on all main suppliers*3
  • 100% (FY2024, follow-up surveys)
  • Forms of responsible production and consumption
  • Protection of the rights of workers throughout the supply chain and reduction of environmental burden
8 Decent Work and Economic Growth
8.7

12 Responsible Consumption and Production
12.1, 12.4, 12.6

15 Life on Land
15.1, 15.2
  • Achieve full traceability based on the Wood Raw Material Procurement Guidelines
  • 100%

Reduction of environmental burdensReduction of environmental burdens

Reduce waste and purify wastewater and exhaust gases generated in the manufacturing process to minimize environmental impact on surrounding areas.

Components KPI (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Values*1 Value Provided to Society Corresponding SDGs
  • Effective waste utilization
  • Purify wastewater
  • Purify exhaust gases
  • Enhance effective utilization rate of waste materials*2
    Japan at least 99%, Overseas at least 95%
  • Japan: 99.4%, Overseas: 90.2%
  • Waste reduction
  • Safety and health
  • Reduction of air and water pollution
3 Good Health and Well-Being
3.9

6 Clean Water and Sanitation
6.1, 6.3, 6.4

11 Sustainable Cities and Communities
11.6

14 Life Below Water
14.1, 14.2, 14.3

17 Partnerships for the Goals
17.7, 17.8
  • Pollution load
    Reduce BOD, COD, and SS intensity by 15% by FY2030 compared with FY2018
    Reduce total BOD, COD, and SS by 20% by FY2040 compared with FY2018
  • BOD: (Intensity) 39.7% reduction (Total) 28.1% reduction
  • COD: (Intensity) 23.4% reduction (Total) 8.7% reduction
  • SS : (Intensity) 32.8% reduction (Total) 19.9% reduction
  • Air pollution impact
    Reduce SOX intensity by 15% by FY2030 compared with FY2018
    Reduce total SOx by 50% and total NOx by 10%, while maintaining VOC
    intensity, by FY2040 compared with FY2018
  • SOx : (Intensity) 29.7% reduction (Total) 16.2% reduction
  • NOx: (Total) 4.0% increase
  • VOC: (Intensity) 76.5% reduction

Respect for human rightsRespect for human rights

Do not tolerate the violation of human rights in any of our business activities.

Components KPI (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Values*1 Value Provided to Society Corresponding SDGs
  • Consider human rights in all business activities
  • Consider human rights in the workplace
  • Percentage of target people who get education and training in human rights: 100%
  • 95.4%
    (2,647 participants from March to May 2025)
  • Respect for human rights

5 Gender Equality5.1, 5.4, 5.5, 5.c


8 Decent Work and Economic Growth8.5, 8.7, 8.8


10 Reduced Inequalities10.2, 10.3, 10.4

Enhancing human resourcesEnhancing human resources

Secure and develop diverse the human resources that are necessary for sustainable growth. Establish an environment in which every employee can work comfortably and fully demonstrate their potential.

Components KPI (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Values*1 Value Provided to Society Corresponding SDGs
  • Improve work-life management
  • Enhance employees’ skills
  • Inclusion & diversity
  • Foster greater compliance awareness
  • Annual total working hours: within 1,850 hours (26 companies in the Main Office region in Japan)
  • 1,850 hours
  • Active participation of diverse human resources
  • Realization of innovation
  • Improvement in productivity
5 Gender Equality5.1, 5.4, 5.5, 5.c

8 Decent Work and Economic Growth8.2, 8.5, 8.8

10 Reduced Inequalities10.2, 10.3
  • Utilization ratio for childcare leave taken by men: 100% (16 companies in Japan*2)
  • 115.9%
  • Percentage of managers that are women: at least 5.5% (16 companies in Japan*2, March 31, 2025)
  • 4.9%
  • Percentage of new hires for generalist-track positions that are women*2: at least 30%
  • 41.2% (Joined the Company in 2025)
  • Employment rate of people with disabilities: at least 2.5% (Group companies in Japan*2, June 2025)
  • Six applicable Group companies in Japan*2: 2.55%, 68 companies in Japan*2: 2.36% (June 2025)
  • Participation in compliance meetings: 100% (Oji Holdings and all subsidiaries in Japan)
  • 98.8% (Second half of FY2024)

Ensuring workplace safety and healthEnsuring workplace safety and health

Ensure the safety and health of all employees and people connected to our business.

Components KPI (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Value*1 Value Provided to Society Corresponding SDGs
  • Promote wellbeing of employees
  • Prevent occupational accidents
  • Achieve zero fatal and serious work-related accidents*4 (each fiscal year)
  • One accident (from January 1 to December 31, 2024)
  • Safety and health
8 Decent Work and Economic Growth 8.8
  • Lost time injury frequency rate*2: 50% reduction compared with FY2018 (0.89)
  • 0.81 (from January 1 to December 31, 2024)

Supply of safe and secure productsSupply of safe and secure products

Supply safe and secure products worldwide.

Components KPI (Key Performance Indicators)
(FY2030 unless otherwise noted)		 Current Value*1 Value Provided to Society Corresponding SDGs
  • Stable supply of products
  • Ensure product quality
  • Zero product liability accidents (each fiscal year)
  • Zero accidents
  • Provision of safe and secure products
  • Reduction of environmental burden
  • Dissemination of environmentally friendly technologies to developing countries
9 Industry, Innovation and Infrastructure9.4, 9.b

12 Responsible Consumption and Production12.4, 12.6

17 Partnerships for the Goals17.7
  • *1 Aggregation period: Unless otherwise specified, from April 2024 to March 2025 or as of March 31, 2025 (for overseas, with some exceptions, from January to December 2024 or as of December 31, 2024). Boundary of data aggregation: Unless otherwise specified, Japanese and
    overseas consolidated companies
  • *2 Refer to ESG Data for information on calculation methods
  • *3 Suppliers in top 75% of transaction amount
  • *4 Serious accidents: The Oji Group considers accidents of Class 3 or higher as per the Appended Table of the Enforcement Regulation of the Workers’ Accident Compensation Insurance Act to be serious accidents.