Our Approach to Sustainability
Human health and wellbeing are universal concerns. Ever since Chugai was founded in response to the shortage of medicine after the Great Kanto Earthquake of 1923, the Company has conducted its business with the mission of benefiting the medical community and human health around the world. In a sense, Chugai has always operated with a commitment to value for patients and the sustainability of society.
For Chugai, all of its business activities under this mission are essentially efforts for the sustainable development of Chugai and society.
These efforts revolve around providing innovative drugs, but also go beyond that. To make sure that every patient can get the optimum, most suitable treatment, we provide various kinds of information, facilitate cooperation between medical facilities, and partner with the government, businesses and others in disease awareness campaigns and other initiatives. Through these actions, we have contributed to the elimination of regional disparities in standards of care, promotion of personalized healthcare with the application of digital and other technologies, and identification and early treatment of potential patients. As a result, our innovative products are often selected, which also drives our growth as a company aiming to realize advanced and sustainable patient-centric healthcare.
Key Issues Going Forward
However, to solve social issues and achieve sustainable growth in the current climate of rapid and unpredictable changes in the social environment as well as in the growing crisis over the sustainability of social systems in recent years including global environmental issues and widening economic disparities, Chugai will need to seriously confront these issues from a long-term perspective and further evolve our business activities. Thus, we have formulated a new growth strategy with a view toward 2030, “TOP I 2030,” to realize our basic policy of “creating shared value” with society, and to contribute to improving the sustainability of society as a whole together with the long-term development of the Chugai Group.
Under the new growth strategy “TOP I 2030,” we have identified one of the measures in realizing our goal as being “Growth Foundation Reform.” With regard to environment, which is one of the key areas of focus, we plan to step up our efforts in countermeasures against climate change, recycling-oriented resource use, and biodiversity conservation. In addition, we will continue to strengthen our efforts in human rights, compliance, and health and productivity management, areas in which the expectations and requirements of society are high, and actively promote ESG activities. We also recognize that the driving force behind innovation for creating shared value is our people. Accordingly, we will pursue further sophistication of human resource management with a medium- to long-term perspective, improve employee engagement, develop high-caliber, diverse employees to drive innovation, and strengthen a corporate culture that encourages bold challenges. While advancing initiatives within the company, we will also enhance our partnerships with external parties. In order to achieve the high goal of realizing a sustainable society, it is essential to collaborate with external partners who can share the same values and ideas as Chugai. Through partnerships, we will accelerate the pursuit of innovation and meet the expectations and demands of patients and other stakeholders.
By executing these strategies, we will continue to grow together with society by maximizing our corporate value through “creating shared value” with our stakeholders, and by 2030, we aim to become recognized as a global role model as a company that leads the way in resolving social issues.
To this end, our efforts toward achieving the Sustainable Development Goals (SDGs) adopted by the United Nations are also important. We fully endorse their underlying purpose and principles, and I believe that advancing our growth strategies will also advance the SDGs. Among them, we are prioritizing “3. Good health and well-being,” which is aligned with our mission. Management is also committed to other SDGs, including “8. Decent work and economic growth,” “9. Industry, innovation and infrastructure,” “12. Responsible consumption and production,” and “17. Partnerships for the goals,” and will take active measures toward them.
(As of February 2021)