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*
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Research and
Development
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- 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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Procurement
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- 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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Manufacturing
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- 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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Sales
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- 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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* Excerpts only from materiality topics related to initiatives in our Value Chain.