Over 120 years ago, UBE’s founder, Sukesaku Watanabe created UBE in the spirit of “Coexistence and Mutual Prosperity”. We have always sought community well-being, as well as the welfare of the company and its workers, because we know we would not have been sustainable without this. For UBE, Sustainability is not a fashionable word, rather it is something it has always sustained and pursued with a variety of challenges over its long history, offering sustainable solutions using our knowledge and experience.
Learn more about our Corporate Social Responsibility in the Non Financial Report
Sustainability objectives of UBE Group are aligned with the United Nations Sustainable Development Goals (SDGs).
The Sustainable Development Goals (SDGs) are a set of 17 global goals agreed upon by United Nations member states to eradicate poverty, protect the planet and ensure prosperity for all as part of a new sustainable development agenda. Each goal has specific targets to be met by 2030.
In light of environmental and other risks, global social trends, and its history of more than 120 years, the UBE Group identifies and focuses on tackling materiality impacts that affect its sustainable growth.
UBE Group will continue to help realize the Sustainable Development Goals (SDGs) by addressing these issues.
The UBE Group’s materiality encompasses the following 4 factors which were reported to Board of Directors’ meetings:
In determining materiality, the Group endeavors to contribute to social progress by employing the following two evaluation axes:
Expanding the chemical business, centered on active growth businesses*
The UBE Group will drive the expansion of active growth businesses and increase their weight in our business portfolio in an effort to build an operating structure that generates stable growth regardless of economic trends and improve profit margins. Active growth businesses encompass many operations that generate minimal GHG emissions, such as specialty chemicals. We look to lower emissions rates by lifting the contributions to sales of such businesses.
* Nylon, fine chemicals, high-performance coatings, synthetic rubber, polyimide, separation membranes, separators, magnesia and calcia, biomass fuel, and resource recycling.
The key environmental challenges for the UBE Group are to help resolve global warming, safeguard biodiversity, address the issue of marine plastics, and conserve water resources. We consider it particularly important to deal with global warming. As well as lowering GHG emissions from our plants, we will help decarbonize the economy through ongoing efforts to cut these emissions across our supply chain.
Hiring and cultivating people who can drive growth and innovation
People will be the engine of the UBE Group’s growth over the medium and long terms. The Group will hire more women and foreign nationals while educating employees to cultivate people with diverse values and perspectives, thereby enabling us to respond swiftly to changes in the business climate and pursue sustainable growth.
Hiring and cultivating people who can drive growth and innovation
In fiscal 2018 and 2019, the UBE Group strengthened proactive and reactive governance by revamping our corporate philosophy and management principles, transitioning to a Company with Audit & Supervisory Committee, and reorganizing into a three-company operating structure. In pursuing progress from these efforts, we will endeavor to strengthen our business foundations for further growth.
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