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 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 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 uncertainty and rapid change, Chugai will need to further clarify the value it shares with society, and incorporate that value into practical strategies. We have made our new slogan “Creating shared value,” identified the material issues that will form the basis for development of strategies, and formulated a mid-term business plan, IBI 21, as a strategy for creating shared value.
One of the strategies in IBI 21 is to “strengthen sustainable platforms.” We plan to step up our efforts to address issues such as climate change and environmental pollution. In addition, we intend to focus particularly on human rights, health and productivity management and compliance, areas in which the expectations and requirements of society are high. We also recognize that the driving force behind innovation for creating shared value is our people. Accordingly, we will further strengthen human resource management with a medium- to long-term perspective, develop high-caliber, diverse employees to support innovation, and foster a corporate culture that enables them to take on new challenges. By executing these strategies and successfully creating shared value with our stakeholders, we intend to maximize our corporate value and grow together with society.
In the process of formulating our management strategy, we held discussions on how Chugai’s management should evolve. One topic of those discussions was our efforts toward achieving the Sustainable Development Goals (SDGs) adopted by the United Nations. We fully endorse their underlying purpose and principles, and I believe that advancing our 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.