Kubota Group
POLICY
Our vision for the Kubota Group in 2030
An "Essentials Innovator for Supporting Life,"
Committed to a Prosperous Society and Cycle of Nature
Purpose of the Kubota Group ESG REPORT 2022
In order to achieve the aims of the GMB2030 long-term vision, we of the Kubota Group are pressing forward with our original ESG efforts-dubbed"K-ESGmanagement"-and we aim to be an "Essentials Innovator for Supporting Life," committed to a prosperous society and cycle of nature. In that way, we hope to resolve social and environmental issues through our business activities.
For FY2022, this report has been rebranded as the Kubota Group ESG REPORT, and the opening pages disclose information such as that relating to how materiality (material issues) is identified, as part of our efforts to further promote K-ESG management. Later on in the report, we provide details about the initiatives that form the basis of our ESG efforts. We strive to build relationships with all stakeholders to gain their empathy and participation, and we do this through an approach to information disclosure that is open and transparent.
Period covered by the KUBOTA REPORT 2022
From January 2021 to December 2021 | In principle, the entire Kubota Group is covered. | |
Boundary of the | ||
* Matters outside the above period are partially | * Some statements may refer to the non-consolidated | |
KUBOTA REPORT 2022 | ||
included. | Kubota. |
- For details of SDGs (Sustainable Development Goals), please see the United Nations Information Centre website. www.un.org/sustainabledevelopment/
Guidelines consulted
-
GRI Sustainability Reporting Standards, 2016, Global Reporting Initiative
GRI content index can be found on p.173. - ISO 26000, guidance on social responsibility
A comparison chart for the guidelines above can be found on p.181.
- Environmental Reporting Guidelines 2018, Ministry of the Environment
Environmental Report
The Environmental Report contains the results of environmental activities carried out by Kubota Corporation as well as 174 consolidated subsidiaries and 8 affiliated companies accounted for under the equity method (partial).
Financial Report
Kubota Corporation and its subsidiaries (hereinafter, the "Company") have adopted International Financial Reporting Standards (hereinafter, "IFRS") instead of accounting principles generally accepted in the United States of America (hereinafter, "U.S. GAAP") from the beginning of the fiscal year ended December 31, 2018. The figures for the fiscal year ended December 31, 2017 are also displayed in accordance with IFRS.
Kubota Corporation and 197 affiliates (183 subsidiaries and 14 equity method affiliates)
Social Report / Others
The Social Report covers social activities carried out by Kubota Corporation and some of its affiliates.
Main information disclosure tools | Details |
A website that encompasses everything to do with the Kubota Group, including our long-term vision, | |
Kubota's corporate website | |
GMB2030, and Mid-term Business Plan 2025. | |
KUBOTA REPORT | An annual report that focuses on Kubota's approach, based on management strategies that take a |
medium-to-long-term perspective, and its future outlook. | |
Kubota Group ESG REPORT | An annual report that provides particular detail on Kubota's ESG-related initiatives. |
Corporate Governance Report | A report listing details of systems and policies based on Kubota's Corporate Governance Code. |
Annual Securities Report | An annual report that provides particular detail on Kubota's finances. |
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CONTENTS
CONTENTS[Kubota Group ESG REPORT 2022]
- Editorial Note
- The Founding Spirit of Kubota's Founder, Gonshiro Kubota
- Corporate Principles
- Top Message
- GMB2030-OurLong-term Vision Looking 10 Years Ahead
- Materiality and Promoting ESG Management
11 The Kubota Group's Path and Contribution to the SDGs
13 Financial & Non-financial Highlights
- Farm & Industrial Machinery
- Water & Environment
- Environmental Report
21 Environmental Management Basic Policy
26 Environmental Vision
31 Medium- and Long-Term Environmental Conservation Targets and Results
36 Environmental Management Promotion System
38 Mitigating and Adapting to Climate Change
50 Working towards a Recycling-based Society
54 Conserving Water Resources
57 Controlling Chemical Substances
60 Conserving Biodiversity
64 Expanding Environment-friendly Products and Services
72 Environmental Management
77 Environmental Communication
81 Environmental Data
91 Third-Party Assurance of Environmental Report
93 Social Report
95 Targets and Results Concerning Social Aspects
97 Relationships with Our Customers
107 Relationships with Business Partners
110 Relationships with Our Shareholders and Investors
112 Relationships with Employees
138 Involvement with Local Communities
149 Governance Report
151 Corporate Governance
169 Third-Party Comments
171 Corporate Information
173 GRI Content Index
181 ISO 26000 Comparison Table
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PROFILE
Founded in 1890
Ever since its founding, Kubota has been tackling global issues related to food, water, and the environment.
In 1890, Gonshiro Kubota, the founder of the Kubota Group, started his metal casting business at the age of 19. Inheriting the founder's beliefs to this day, 40,000 employees of the Kubota Group are promoting the company's businesses all over the world as part of their efforts to make the Kubota Group "Global Major Brand Kubota."
The Founding Spirit of Kubota's Founder, Gonshiro Kubota
For the prosperity of society, we need to put all our efforts into creation.
Our products should not only be technically excellent, but also useful for the good of society.
We should create products with all our heart and soul, and realize the commodity values of such products in correct definitions.
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PROFILE
Corporate Principles
Kubota Global Identity
Spirits
- Work for the development of society by drawing on all of our capabilities and know-how to offer superior products and technologies.
- Build today and open the way to tomorrow, with the aim of bringing prosperity to the company and happiness to employees.
- Challenge the unknown with creativity and courage.
Brand
Statement
For Earth, For Life -
the Kubota Group promises to continue supporting the prosperous life of humans while protecting the environment of this beautiful earth.
Mission
Food, water, and the environment are indispensable for human beings. The Kubota Group continues to support the future of the earth and humanity by contributing products that help the abundant and stable production of food, help supply and restore reliable water, and help create a comfortable living environment through its superior products, technologies, and services.
The world has many problems in the areas of food, water, and the environment, which are indispensable for human beings.
Those problems are not separate themes, but linked closely to each other.
The population growth has a great influence on environmental changes, brings problems to water resources, and leads to the short supply of food.
The Kubota Group considers food, water, and the environment as a singular theme and contributes to solve problems in these areas.
KUBOTA GLOBAL LOOP = Relations among food, water, and the environment
Food, water, and the environment are not separate themes, but linked closely to each other.
Food
Water Environment
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Kubota Corporation published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 08:04:01 UTC.