I-ne is committed to fulfilling our mission statement:
We are Social Beauty Innovators for Chain of Happiness.
The materiality of I-ne Group
Carbon Neutral
Responsible Production and Transparency
Circular Economy
Forest and Water Conservation
Well-being and Inclusion
Poverty and Inequalities
Materiality and Goals of the I-ne Group
| Materiality | No. | Goals | KPI | Target | To be achieved by |
| Carbon Neutral |
1 | Scope 1,2 Reduction of CO2 emissions |
CO2 reduction rate |
100% | 2025 |
| 2 | Scope 3 Reduction of CO2 emissions |
CO2 reduction rate |
100% | 2040 | |
| Responsible Production and Transparency |
3 | Assessment of primary suppliers |
Implementation rate | 100% | 2025 |
| 4 | Transparency of raw material information Country of origin and risk identification of ingredients used for the major in-house brand products |
Disclosure rate | 100% | 2025 | |
| 5 | Transparency of raw material information New brands to be launched will be developed based on criteria in line with the I-ne Sustainability Development Standards. |
Achievement rate | 100% | 2025 | |
| Circular Economy |
6 | Reduction of product waste | Reduction rate (compared to 2021) |
100% | 2030 |
| 7 | Reduction of virgin plastic used for containers and materials | Reduction rate (compared to 2021) |
30% | 2028 | |
| 8 | Use of certified and/or recycled paper | Utilization rate | 100% | 2025 | |
| Forest and Water Conservation |
9 | Promoting the use of certified palm oil |
Utilization rate | 100% | 2033 |
| 10 | Implementation of forest conservation activities |
ha | 50 | 2028 | |
| Well-being and Inclusion |
11 | Achieving employee wellbeing and inclusiveness |
ES Score | 4.0 | 2025 |
| 12 | Establishment and promotion of an employee volunteer program |
Total number of participants per year |
800 people | 2025 | |
| Poverty and Inequalities |
13 | Support for economically disadvantaged individuals |
To be disclosed in 2024 |
To be disclosed in 2024 |
To be disclosed in 2024 |
Materiality Identification Process
As Social Beauty Innovators, I-ne Group has a strong determination to become a positive influence on society.
Specifically, in 2021, we identified "materiality (key issue)" areas to focus on based on the latest social trends and expectations of our stakeholders.
| Identification of Societal Issues |
With reference to GRI Standards, SASB (Sustainability Accounting Standards), and SDGs (Sustainable Development Goals), we identified social issues to consider. |
|---|---|
| Organize "Stakeholder’s priorities" |
Based on the identified social issues, we have organized hypotheses regarding the expectations and demands of our customers, business partners, investors, public administration, and NPO/NGOs towards the I-ne Group. |
| Organize "Company’s priorities” |
Based on the social contribution activities that the I-ne Group has engaged in so far and the brand MISSION upheld by our main brands, we have aligned the priorities of the I-ne Group with the priorities of our stakeholders. While the I-ne Group recognizes that governance is certainly important for a listed company, it is not included in the Materiality. Instead, it is structured in the Environment and Social category. |
| Approval by management |
After discussions amongst the management committee, validation by the Sustainability Committee, and resolution by the Board of Directors, we have identified the materiality. |
Support for the UN Global Compact
In November 2022, the I-ne Group expressed its support for the Global Compact proposed by the United Nations.
We support the Global Compact's 10 principles on human rights, labor, environment, and anti-corruption in our corporate activities.
About the UN Global Compact
The United Nations Global Compact (UNGC) is the world's largest sustainability initiative, bringing together the United Nations and private sector entities (companies and organizations) to foster a healthy global society.
By enlisting the commitment of their top executives, companies and organizations that sign the compact are required to endorse and commit to the ten principles related to the protection of human rights, the elimination of unfair labor practices, environmental responsibility, and anti-corruption measures.
For more information on the UNGC, please visit the following website.
Global Compact Network Japan
