Integrated Report 2024

PHC Group Business StrategyESG in the Value Chain

ESG in the Value Chain

In pursuit of our mission to create healthcare solutions that improve lives, PHC Group is working to advance Value-Based Healthcare by addressing sustainability issues throughout the value chain in our three business domains: Diabetes Management, Healthcare Solutions, and Diagnostics & Life Sciences.

Our Value Chain Initiatives

Related Materiality*

  1. Research and
    Development

    • Promote the development of products that reduce environmental impact, including environmentally conscious design combining energy-saving performance with high durability.
    • Pursue improvements in healthcare quality, cost reduction, and efficient use of medical resources by engaging in new fields like digital health and cell and gene therapy.
    • Combine expertise from specialists across business units to respond to customer feedback and market needs.
    • Develop products that comply with global chemical regulations and product safety standards and meet cybersecurity requirements.
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    Related Materiality
  2. Procurement

    • Build a robust supply chain based on sustainable procurement principles through communication with suppliers, including supplier surveys and guidelines.
    • Promote sustainability initiatives throughout the supply chain, including streamlining logistics, selecting environmentally friendly materials, and reducing packaging materials.
    • Enhance risk management in compliance with procurement-related regulations, such as Japan’s Subcontract Act, by leveraging purchasing systems.
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    Related Materiality
  3. Manufacturing

    • Promote efforts to reduce waste and increase recycling by more efficiently sorting recyclable materials.
    • Develop and improve production technologies to reduce carbon dioxide emissions, water, and packaging material consumption.
    • Reduce waste and lower costs by optimizing our manufacturing and operations footprint.
    • Ensure that employees involved in manufacturing excellence can produce high-quality products by providing technical and safety training and upgrading and certifying their skills.
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    Related Materiality
  4. Sales

    • Distribute a wide range of products and services in more than 125 countries and regions and promote further sales expansion in emerging and developing countries where medical care is needed.
    • Expand Internet of Things (IoT) services to provide timely user support, collect customer feedback, and build strong partnerships.
    • Reduce environmental impact by improving the efficiency of business travel, such as replacing air travel with train travel on specific routes in Japan.
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    Related Materiality

* Excerpts only from materiality topics related to initiatives in our Value Chain.