Establishing Our Five Material Matters
Materiality Analysis Process for Sustainability
To streamline Recruit Group's materiality analysis, we first conducted stakeholder dialogues with international NGOs and sustainability-driven organizations to understand their expectations. We then mapped that data to the United Nations General Assembly's Sustainable Development Goals (SDGs) and plotted each issue's relevance to our businesses.
1. Engage with Stakeholders to Define Issues
Recruit Group gathered the expectations, demands, and opinions of roughly 70 stakeholders. We then organized that data into 18 categories of social issues based on the United Nations' 17 Sustainable Development Goals (SDGs), which are milestones for achieving global sustainability and improved human rights.
2. Evaluate Stakeholder Expectations
To identify topics of priority, Recruit Group arranged the 18 categories along a vertical axis based on stakeholder interest.
3. Assess Business Relevance
Recruit Group rated the 18 social issues based on their relevance to Recruit Group's various businesses to determine their position along a horizontal axis.
4. Identify the Material Issues
Recruit Group then identified the issues that aligned most closely with stakeholder expectations and Recruit Group's businesses.
5. Review the Material Issues and the Process
Recruit Group verified the highest ranking issues in the Sustainability Committee with external sustainability experts and evaluated the materiality analysis process.
6. Determine the Material Matters
Following the Sustainability Committee's review, Recruit Holdings' Board of Directors resolved to concentrate on five material matters. The Board agreed that no material matter would be prioritized over another, and that each material matter would be pursued in conjunction with the others.
Recruit Group's materiality analysis is an ongoing process that considers changes in stakeholder expectations and business relevance.